NEW YORK, Dec. 1, 2011 /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 over-the-counter ("OTC")
stocks, announced that Yamaha Corp. (OTCQX: YAMCY; Tokyo: 7951), the global musical instrument
manufacturer, has chosen to have its American Depositary Receipts
(ADRs) traded on the highest tier of the OTC market, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Yamaha began trading today on the OTC market's prestigious tier,
OTCQX International Premier. Investors can find current
financial disclosure and Real-Time Level 2 quotes for the Company
on www.otcqx.com and www.otcmarkets.com.
"We are pleased to welcome Yamaha to our growing list of
world-class issuers on OTCQX," said R. Cromwell Coulson,
President and Chief Executive Officer of OTC Markets Group. "The
superior information and visibility of the OTCQX marketplace allows
companies to efficiently build investor confidence and expand their
shareholder base."
Deutsche Bank will serve as Yamaha's Principal American Liaison
("PAL") on OTCQX, responsible for providing guidance on OTCQX
requirements.
About Yamaha Corp.
Yamaha Corp. (OTCQX: YAMCY; Tokyo: 7951) trades in the United States on OTCQX under the symbol
"YAMCY," where each ADR represents 1 ordinary share. The company
manufactures and sells musical instruments, audio products,
network-related devices and semiconductors.
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
quality-controlled 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.
