NEW YORK, Jan. 4, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the financial information and technology
services company that provides the world's largest electronic
marketplace for broker-dealers to trade over-the-counter ("OTC")
stocks, announced that Innovative Composites International Inc.
(OTCQX: ICIZF; TSX.V: IC), an engineering and manufacturing company
focused on a line of state-of-the-art composite products targeted
at the multi-billion dollar transportation and housing markets, is
now trading on the highest tier of the OTC market,
OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Innovative Composites 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.
"The OTCQX platform supports a transparent marketplace with high
quality issuers, financial information disclosure and efficient
trading for U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Innovative Composites
to OTCQX."
Hodgson Russ LLP will serve as Innovative Composites' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements.
About Innovative Composites International Inc.
Innovative Composites International Inc. (OTCQX: ICIZF; TSX.V:
IC) trades in the United States on
OTCQX under the symbol "ICIZF", and in Canada on the TSX Venture Exchange under the
symbol "IC". Innovative Composites International is a high-tech
engineering and manufacturing company that is successfully
commercializing a patent protected line of state-of-the-art
composite products targeted at the multi-billion dollar
transportation and housing markets.
Led by a team of commercialization experts Innovative Composites
has adopted a tier two business model: it designs and
manufactures game-changing products and partners with established
companies in its target markets to utilize their sales channels for
faster product roll-out.
This strategy and the superior characteristics of the products
have resulted in rapidly growing sales in both markets and opened
up opportunities that could lead to large scale contracts on an
ongoing basis.
To find out more about Innovative Composites please visit our
website at: www.innovativecompositesinc.com
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest electronic marketplace for broker-dealers to trade unlisted
stocks. Our OTC Link™ platform supports an open
network of competing broker-dealers that provide investors with the
best prices in over 10,000 OTC securities. We categorize the
wide spectrum of OTC-traded companies into three tiers - OTCQX (the
quality-controlled marketplace for investor friendly companies),
OTCQB® (the U.S. reporting company marketplace for
development stage companies), and OTC Pink™ (the
speculative trading marketplace) - so investors can identify the
level and quality of information companies provide. To learn
more about how OTC Markets Group makes the unlisted markets more
transparent, informed, and efficient, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.