OPEL Technologies Inc. Joins OTCQX
NEW YORK, May 16, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that OPEL Technologies Inc. (OTCQX: OPELF; TSX.V: OPL), a leading global supplier of solar tracking systems, other solar related products and a semiconductor device and process developer, is now trading on the highest tier of the OTC market, OTCQX®.
OPEL Technologies 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. "OTCQX provides services to companies which enable them to communicate with and engage their investors, while providing them with transparent trading and easy access to company information," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome OPEL Technologies to OTCQX." Pierce Atwood LLP will serve as OPEL Technologies' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About OPEL Technologies Inc.
OPEL Technologies Inc. (OTCQX: OPELF; TSX.V: OPL) of Toronto, Ontario, Canada trades in the United States on OTCQX under the symbol "OPELF", and in Canada on the TSX Venture Exchange under the symbol "OPL". OPEL Technologies is a leading global supplier of solar tracking systems and other solar related products for utility scale installations, and it is a semiconductor device and process developer. With its head office in Toronto, Ontario, Canada and its operations office in Shelton, Connecticut, the Company through OPEL Solar, Inc. designs and markets dual- and single-axis solar trackers and other solar related products for PV and CPV systems for energy applications worldwide. Through ODIS Inc., a U.S. Company, it designs III-V semiconductor devices for military, industrial and commercial applications, including infrared sensor arrays and ultra-low-power random access memory. OPEL Technologies has various patents issued and pending in PV systems technologies and in the semiconductor POET process. The POET process enables the monolithic fabrication of integrated circuits containing both electronic and optical elements, with potential high-speed and power efficient applications in devices such as servers, tablet computers and smartphones.
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 wide spectrum of OTC-traded equity securities into three marketplaces to inform investors of opportunities and risks - 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.
Source: PR Newswire (May 16, 2012 - 7:00 AM EDT)
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OPEL Technologies Inc. Joins OTCQXNEW YORK, May 16, 2012
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