TORONTO,
Feb. 9 /PRNewswire/ - Points
International Ltd. (TSX: PTS; OTCBB: PTSED), the owner and operator
of Points.com, the world's leading reward program management
platform, announced today the NASDAQ Stock Market LLC has approved
its application for the listing of its common stock on the NASDAQ
Capital Market. The Company anticipates that its common
shares will begin trading on the NASDAQ Capital Market when the
market opens on Thursday, February 10,
2011, under the symbol "PCOM". Concurrent with the NASDAQ
listing, the Company's common shares will cease trading on the
Over-the-Counter (OTC) Bulletin Board. The Company's common
shares will continue to trade on the Toronto Stock Exchange
("TSX").
"We are pleased to begin trading on the NASDAQ Capital Market,"
said CEO Rob MacLean.
"Achieving a NASDAQ listing was a key strategic priority for Points
International and is consistent with our objective to increase
institutional visibility, improve trading liquidity and ultimately
enhance shareholder value. We believe this important milestone is
reflective of the significant progress the Company has made in the
past twelve months to improve its financial and competitive
positioning."
About Points International Ltd
Points International Ltd. is the owner and operator of
Points.com, the world's leading reward program management web site
which was recently named one of the 28 Best Travel Sites by
Kiplinger's. At Points.com consumers can Swap, Earn, Buy, Gift,
Share and Redeem miles and points from more than 25 of the world's
leading reward programs. Participating programs include American
Airlines AAdvantage(R) program, Aeroplan(R), AsiaMiles(TM), British
Airways Executive Club, Delta SkyMiles(R) and InterContinental
Hotels Group's Priority Club(R) Rewards. Redemption partners
include Amazon.com(R) and Starbucks. For more information, visit
www.pointsinternational.com.
SOURCE Points International Ltd.
Copyright b. 9 PR Newswire