NEW YORK, Jan. 24, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the financial information and technology
services company that provides the world's largest electronic
marketplace for broker-dealers to trade unlisted stocks, announced
that Wavefront Technology Solutions, Inc. (OTCQX: WFTSF; TSX.V:
WEE), a company focused on oil recovery and well stimulation, is
now trading on the highest tier of the OTC market,
OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Wavefront 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.
"The OTCQX platform offers investor-focused companies a winning
combination of quality control, transparency, and broader
visibility to U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Wavefront to
OTCQX."
Casimir Capital L.P., a full service international investment
bank specializing in natural resources, will serve as Wavefront's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements and U.S. securities
laws.
About Wavefront Technology Solutions, Inc.
Wavefront Technology Solutions, Inc. (OTCQX: WFTSF; TSX.V:
WEE) trades in the United States
on OTCQX under the symbol "WFTSF", and in Canada on the TSX Venture under the symbol
"WEE". Wavefront Technology Solutions Inc.'s principal business
activities involve the licensing and utilization of the
Corporation's patented process for the enhancement and improvement
of oil recovery and well stimulation (Powerwave™), and the
optimization of groundwater remediation approaches (Primawave™). In
the oil sector the Corporation's strategy is to leverage its
intellectual property through the granting of licenses to oil
producers. In the environmental sector the Corporation's strategy
is to provide site licenses to service providers, consultants, and
stakeholders involved in site specific groundwater clean-up.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest electronic marketplace for broker-dealers to trade unlisted
stocks. Our OTC Link™ platform supports an open network of
competing broker-dealers that provide investors with the best
prices in over 10,000 OTC securities. We categorize the wide
spectrum of OTC-traded companies into three tiers - OTCQX (the
intelligent marketplace), OTCQB® (the venture marketplace), and OTC
Pink™ (the open marketplace) - so investors can identify the level
and quality of information companies provide. To learn more
about how OTC Markets Group makes the unlisted markets more
transparent, informed, and efficient, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.