LED Medical Diagnostics Begins Trading on OTCQX(R)
NEW YORK, Feb. 26, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that LED Medical Diagnostics, Inc. (OTCQX: LEDIF; TSX.V: LMD; FSE: LME), a leading developer of LED-based visualization technologies for the medical industry, has chosen to trade on OTCQX(R), the qualified OTC marketplace with the highest financial standards and third-party sponsorship.
LED Medical Diagnostics began trading today on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased LED Medical Diagnostics has chosen to trade on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX is the highest OTC marketplace offering qualifying companies like LED Medical Diagnostics the means to grow their U.S. shareholder base through high-quality disclosure, transparent trading and ease of access to company information."
"We are proud to join OTCQX, the highest OTC marketplace," said Peter Whitehead, CEO and Founder of LED Medical Diagnostics. "We are committed to providing our U.S. investors with timely news and information to help them better analyze, value and trade our securities."
Brean Capital, LLC will serve as LED Medical Diagnostics' Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Through its wholly-owned subsidiary, LED Dental Inc., LED Medical Diagnostics manufactures the VELscope Vx Enhanced Oral Assessment System, the first system in the world to apply tissue fluorescence visualization technology to the oral cavity. VELscope Vx devices are now used to conduct more screenings for oral cancer and other oral diseases than any other adjunctive device. To date, there have been more than 12,000 VELscope Vx systems sold globally and they have been used to perform more than 25 million exams.
LED Medical Diagnostics trades in the U.S. on OTCQX under the symbol "LEDIF."
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 better inform investors of opportunities and risks - OTCQX® - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The 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 registered ATS.
SOURCE OTC Markets Group Inc.