NEW YORK, April 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 Audio Pixels Holdings Ltd (OTCQX: ADPXY; ASX: AKP), a developer of a revolutionary digital technological platform for reproducing sound, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
Audio Pixels began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"We are pleased to welcome Audio Pixels to 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."
Merriman Capital, Inc. will serve as Audio Pixels' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Audio Pixels Holdings Ltd
Audio Pixels Holdings Ltd (OTCQX: ADPXY; ASX: AKP) trades in the United States on OTCQX under the symbol "ADPXY", where each ADR represents 1 ordinary share. Audio Pixels has developed a revolutionary digital technological platform for reproducing sound, thus enabling the production of entirely new generation of speakers that will exceed the performance specifications and design demands of the world's top consumer electronic manufacturers.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest OTC marketplace for equity securities. Our OTC Link® trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the marketplace by categorizing the wide spectrum of OTC-traded companies into three tiers: OTCQX - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.
SOURCE OTC Markets Group Inc.