NEW YORK, March 24, 2015 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced Thin Film
Electronics ASA ("Thinfilm") (Oslo Stock Exchange: THIN) (OTCQX:
TFECY), a leading developer of printed electronics, has qualified
to have its American Depositary Receipts (ADRs) trade on the OTCQX®
Best Marketplace.
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Thinfilm begins trading today on OTCQX under the symbol "TFECY,"
where each ADR represents 10 ordinary shares. U.S. investors
can find current financial disclosure and Real-Time Level 2 quotes
for the company on www.otcmarkets.com.
"Thinfilm is developing innovative printed electronics to power
the new Internet of Things from rewritable memory labels to
revolutionary wireless barcodes," said R.
Cromwell Coulson, President and CEO of OTC Markets
Group. "We are proud to welcome Thinfilm to the family of
established, growing U.S. and international companies on OTCQX and
look forward to supporting the company as it grows and increases
its presence in the U.S. market."
"This is an exciting time for Thinfilm," said Davor Sutija,
Thinfilm's CEO. "Trading on OTCQX represents a critical
milestone within Thinfilm's strategic roadmap, and we're excited to
provide U.S. investors with a more direct means of trading and
accessing information."
Cowen Securities serves as Thinfilm's Principal American Liaison
("PAL") on OTCQX, responsible for providing professional guidance
on OTCQX requirements.
Thinfilm is a leader in the development of printed electronics.
The first to commercialize printed, rewritable memory, the company
is creating printed systems that include memory, sensing, display,
and wireless communication, all at a low cost unmatched by any
other electronic technology. The company is headquartered in
Oslo, Norway with product
development and production in Linkoping, Sweden; product development, production, and
business development in San Jose,
California, USA; and sales offices in the United States, Japan, and Singapore.
About OTC Markets Group Inc.
OTC Markets Group Inc.
(OTCQX: OTCM) operates Open, Transparent and Connected financial
marketplaces for 10,000 U.S. and global securities. Through
our OTC Link® ATS, we directly link a diverse network of
broker-dealers that provide liquidity and execution services for a
wide spectrum of securities. We organize these securities
into marketplaces to inform investors of opportunities and risks:
the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and
the OTC Pink® Open Marketplace. Our data-driven platform
enables investors to easily trade through the broker of their
choice at the best possible price and empowers a broad range of
companies to improve the quality and availability of information
for their investors. To learn more about how we create better
informed and more efficient financial marketplaces, visit
www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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Media Contact:
Saskia
Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
saskia@otcmarkets.com
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SOURCE OTC Markets Group Inc.