NEW YORK, Sept. 23 /PRNewswire/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that DMX Technologies Group Ltd. (SGX: 5CH; OTCQX: DMXTY), a leading internet network infrastructure and digital media solutions & services provider, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
DMX Technologies began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
"Investor-focused companies use the quality-controlled OTCQX platform to offer their investors transparent trading, superior information and easy access through their regulated U.S. broker-dealers," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome DMX Technologies to OTCQX."
Madison Williams and Company will serve as DMX Technologies' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
"We are delighted to be accepted into the most prestigious tier on the OTC market, allowing us to benefit from access to a diverse U.S. based investor pool to share the Group's exciting plans in the digital TV market within China. The timing of the ADR launch could not have been better as a host of technology firms in the States have launched IPTV related products & services, ushering in a new era for digital media. We hope to speak about how this wave of digital migration will impact us in the Asian region when we hold our first roadshow for U.S. institutional investors in the week of 27th September 2010," said Ms. Jismyl Teo, CEO of DMX Technologies.
About DMX Technologies Group Ltd.
DMX Technologies Group Ltd. (SGX: 5CH; OTCQX: DMXTY) will trade in the United States on OTCQX under the symbol "DMXTY", where each ADR will represent 40 ordinary shares. DMX is a leading internet network infrastructure and digital media solutions provider in Asia Pacific. Based in Hong Kong, DMX has built an extensive regional network of office in Asia, including Greater China, Indonesia, Korea, Malaysia and Singapore. The Group specializes in providing integrated ICT (Information & Communication Technologies) solutions and services to enable telecom operators, cable TV operators, mobile operators, media corporations and enterprises to deliver enhanced services to their end-users. For more information please visit http://www.dmxtechnologies.com.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
