PNI Digital Media Shares to Trade on Toronto Stock Exchange
October 17 2011 - 6:00AM
Marketwired
PNI Digital Media (TSX VENTURE:PN)(OTCBB:PNDMF), ("PNI" or the
"Company"), the leading innovator in online and in-store digital
media solutions for retailers, announced that its application to
move from the TSX Venture Exchange (TSX-V) to the Toronto Stock
Exchange (TSX) has been approved.
Shares in PNI Digital Media will commence trading on the TSX
under the Company's existing trading symbol "PN" when the market
opens on Tuesday, October 18th, 2011. At that point, the Company's
shares will no longer trade on the TSX-V.
No action is required on behalf of shareholders.
"Our listing on the Toronto Stock Exchange is another successful
milestone in PNI's evolution," said Kyle Hall, Chief Executive
Officer of PNI Digital Media. "The TSX is a highly-regarded
exchange, and we look forward to the increased visibility that our
graduation to the TSX will deliver to the Company and to our
shareholders."
About PNI Digital Media- PNI Digital Media operates the PNI
Digital Media Platform, which provides transaction processing and
order routing services for major retailers. The PNI Digital Media
Platform connects consumer-ordered digital content, whether from
online, in-store kiosks, desktop software or mobile phones, with
retailers that have on-demand manufacturing capabilities for the
production of personalized products such as photos, photo books,
photo calendars, business cards and stationery. PNI Digital Media
successfully generates millions of transactions each year for
retailers and their thousands of locations worldwide.
Further information on our company can be found at
www.pnimedia.com.
The statements that are not historical facts contained in this
release are forward-looking statements that involve risks and
uncertainties. PNI Digital Media's actual results could differ
materially from those expressed or implied by such forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, changes in technology,
employee retention, inability to deliver on contracts, failure of
customers to continue marketing the online solution, competition,
general economic conditions, foreign exchange and other risks
detailed in the Company's annual report and other filings.
Additional information related to the Company can be found on SEDAR
at www.sedar.com and on the SEC'S website at
www.sec.gov/edgar.shtml. The information contained herein is
subject to change without notice. PNI Digital Media shall not be
liable for technical or editorial errors or omissions contained
herein.
PNI Digital Media relies upon litigation protection for
"forward-looking" statements.
The TSX has neither approved nor disapproved the information
contained in this release. Neither TSX nor its Regulation Services
Provider (as that term is defined in the policies of the TSX)
accepts responsibility for the adequacy or accuracy of this
release.
Contacts: PNI Digital Media Simon Cairns Investor Relations and
Press Contact 866-544-4881ir@pnimedia.comwww.pnimedia.com
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