Microlog Corporation Announces Plan to Move to OTCQB "Orange Level" of Disclosure
November 27 2012 - 10:00AM
Marketwired
Microlog Corporation (PINKSHEETS: MLOG), a Gaithersburg,
Maryland-based technology leader in Interactive Voice Response and
Call Center software solutions for the Government, Healthcare and
Lotteries, is pleased to announce its plan to move to the
fully-reporting "orange level" of disclosure on www.pinksheets.com.
"We believe that the increased disclosure required by the Pink
Sheets and the OTCQB will provide our investors with the
information they need to make an informed investing decision," said
Richard Meccarielli, CEO of Microlog. "Moving to the OTCQB will
also give us a better currency for use in potential acquisitions
and financings and to attract new employees."
The company plans to move to the orange level in two stages. The
first stage, which Microlog plans to complete by March 31, 2013, is
to become a reporting Pink Sheets company by providing certain
financial and corporate information to www.pinksheets.com. The
second step, which will require the filing of a registration
statement with the U.S. Securities and Exchange Commission, will
then be to become a fully reporting company on the OTCQB (orange
level). Microlog plans to file the necessary registration statement
in 2013 with a goal of becoming fully reporting by no later than
December 2013.
About Microlog:
Microlog Corporation designs, implements and services patented
software applications that enhance the productivity of the customer
contact center experience, as well as providing consultation on a
variety of system integration options. The company's services
encompass the migration of e-commerce into the traditional call
center environment by Web enablement. Microlog's award winning
products support this Web enablement, as well as supporting all
inbound and outbound media, telephone, e-mail, fax, and Web for
contact centers.
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Contact: Vanessa Meccarielli Microlog Corporation (301) 540-5510
vmeccarielli@mlog.com
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