MISSION VIEJO, CA -- February 9, 2017 -- NewMediaWire --
Auxilio, Inc. (OTCQB:
AUXOD), a leading provider of complete document workflow
solutions and IT security services for the healthcare industry,
announced today that its common stock has been approved for listing
on the NYSE MKT. The Company's common stock is expected to begin
trading on NYSE MKT under the symbol "AUXO" beginning on February
14th, 2017. The Company's common stock will continue to trade on
the OTCQB until the close of the market on February 13th, 2017.
"We are delighted to welcome Auxilio, a leading provider of
document solutions and IT security for the healthcare industry, to
the NYSE MKT," said John Tuttle, NYSE Global Head of Listings. "We
look forward to providing the unique benefits of our market model,
brand and network to the company and its stockholders."
"This acceptance marks a significant milestone for us in our
company's ongoing growth," said Joe Flynn, CEO of Auxilio.
"Uplisting to the NYSE MKT is the most effective method for us to
increase stock liquidity and exposure to attract institutional
investors, and is a key piece of the equation in our plan to
enhance shareholder value."
Added JD Abouchar, Chairman of Auxilio's Board of Directors,
"Today's announcement is a significant accomplishment, highlighting
the progress Management and the Board have made in executing the
strategic vision laid out last year. That vision included
plans to grow both revenues and margins in a consistent manner and
to be proactive in expanding our communications with prospective
investors. This transition greatly expands that pool of
potential investors and comes with many other benefits as
well. We are grateful for all of the assistance provided by
the NYSE MKT team in making this happen and are excited to enter
this next phase in our corporate evolution."
About Auxilio
Auxilio (www.auxilioinc.com) provides complete document
workflow solutions and IT security services to healthcare
organizations across the United States. Auxilio has helped its
clients save more than $80 million since 2004 by providing Print as
a Service (PRaaS) vendor neutral solutions which lower costs,
improve operational efficiency and enhance security. Auxilio's
intelligent workflow automation suite delivers a customer driven
approach transforming printed documents to digital workflows,
reducing waste and driving additional savings opportunities.
Auxilio serves a national portfolio of nearly 220 hospital campuses
and manages over 1.5 billion documents annually from over 90,000
devices supporting over 280,000 caregivers.
Forward Looking Statements
This press release contains "forward-looking statements" as that
term is defined in the Private Securities Litigation Reform Act of
1995, regarding the enhancement of shareholder value the Company's
strategy relating to uplisting to a national exchange, and the
Company's future ability to increase liquidity and attract
institutional investors. Such forward-looking statements are based
on current expectations and involve inherent risks and
uncertainties, including factors that could delay, divert or change
any of them, and could cause actual outcomes and results to differ
materially from current expectations. No forward-looking statement
can be guaranteed. These forward-looking statements are made as of
the date of this press release, and the Company assumes no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. Readers are urged to read the risk
factors set forth in the Company's most recent annual report on
Form 10-K, subsequent quarterly reports filed on Form 10-Q, and
other filings made with the SEC. Copies of these reports are
available from the SEC's website at www.sec.gov or without charge
from the Company.