NEW YORK, March 28, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the company that operates the world's
largest electronic marketplace for OTC-traded equities, announced
that VentriPoint Diagnostics Ltd. (OTCQX: VPTDF; TSX.V: VPT), a
Canada-based medical device
company, is now trading on the highest tier of the OTC market,
OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
VentriPoint Diagnostics began trading today on the OTC market's
prestigious tier, OTCQX International. Investors can find
current financial disclosures and Real-Time Level 2 quotes for the
Company on 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 VentriPoint
Diagnostics to OTCQX."
Berns & Berns, Counsellors at Law will serve as VentriPoint
Diagnostics' Principal American Liaison ("PAL") on OTCQX,
responsible for providing guidance on OTCQX requirements and U.S.
securities laws.
About VentriPoint Diagnostics Ltd.
VentriPoint Diagnostics Ltd. (OTCQX: VPTDF; TSX.V: VPT)
trades in the United States on
OTCQX under the symbol "VPTDF", in Canada on the TSX Venture under the symbol
"VPT". VentriPoint has created a diagnostic ultrasound tool
to monitor patients with heart disease, a leading cause of death in
developed countries. Management believes the VMS™ is the first
cost-effective and accurate diagnostic tool for measuring right
ventricle heart function. Congenital heart disease is the first
application in a suite of applications for all major heart diseases
including pulmonary hypertension, cardiovascular disease and heart
failure, which management believes has a multibillion-dollar market
potential. Canada and Europe (CE Mark) have granted approval for the
sale of VentriPoint's VMS™ heart analysis system and VentriPoint is
pursuing the US-FDA approval through the 510(k) process.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest OTC marketplace for equity securities. Our OTC Link®
trading system delivers price transparency in over 10,000
securities and enables direct interaction between broker-dealers
that provide liquidity and execution services. We organize the
marketplace by categorizing the wide spectrum of OTC-traded
companies into three tiers: OTCQX - The Intelligent Marketplace for
the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC
Pink® - The Open Marketplace. Our information-driven platform makes
it easy for investors to trade at the best price through the broker
of their choice and empowers companies to build the best markets
for their investors. To learn more about our Open, Transparent, and
Connected marketplace, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
