UDS Inc., a Division of Delivery Technology Solutions, (Pinksheets: DTSL) Receives Upgrade to "Current Info" Tier Status With OT
November 18 2010 - 07:00AM
Marketwired
Universal Delivery Solutions (UDS), the operating unit of Delivery
Technology Solutions Inc. (PINKSHEETS: DTSL), the leader in
delivery management technology, announced today that after
furnishing all required documentation and filings, Issuer Services
at Pink OTC Markets have removed the "limited information" status
and have upgraded the company to its highest rating of "Current
Information."
OTC MARKETS employs a rigorous information reporting system for
non-reporting companies and rates them in accordance to
transparency elements from its lowest rating of "Caveat Emptor
Beware," to its highest rating of "Current Information" for
Pinksheet companies.
(http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp)
Current Info tier is the highest status with requirements
including Initial Disclosure and Information statements, current
share structure, current financials and an SEC attorney letter
verifying financial information submitted.
"We are very pleased with the acknowledgment and upgrade from
Issuer Services at OTC Markets," said Ryan F. Coblin, CEO of UDS.
"We believe this new status will greatly enhance overall market
confidence in DTSL and bring a level of transparency to our company
not seen in the past."
Additionally, the company will provide information in the coming
days by virtue of a CEO update regarding guidance, share structure,
and the current corporate model in detailing its future growth
plans.
"The ability to upgrade to 'Current Info' status on the OTC
MARKETS is the first step in what our company believes will
ultimately result in our becoming fully reporting in the future,"
added Coblin. "This is a major milestone for the company in our
goal to become more transparent as our company grows. We are
dedicated to improving the shareholders ability to be able to make
an informed decision when it comes to an investment in DTSL."
About: Universal Delivery
Solutions, Inc.
Universal Delivery Solutions, Inc. Symbol: (DTSL),
www.universaldelivery.com, is the leader in providing comprehensive
custom-developed catering/delivery solutions to industries
throughout North America. Universal Delivery Solutions, Inc. (UDS)
is wholly-owned operating subsidiary of Delivery Technology
Solutions Inc. The company offers blended solutions through a
seamless system that integrates Customer Relationship Management
(CRM) and Call Center IT services utilizing a proprietary
technology backbone to offer convenience, consistent quality,
flexibility, accountability and value for consumers and
companies.
Safe Harbor:
The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's
results from acquisitions or actions in development are
forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995. The statements in this
document may also contain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Since this information
may contain statements that involve risk and uncertainties and are
subject to change at any time, the company's actual results may
differ materially from expected results.
Contact: Delivery Technology Solutions, Inc. Mr. Ryan
Coblin CEO 561-674-9500
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