NEW YORK, March 4, 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 OTC stocks, today announced that CRS Electronics Inc.(TSX.V: LED; OTCQX: LEDCF), a leader in the emerging, rapidly-growing market of high efficiency light-emitting-diodes ("LEDs"), is now trading on the OTC market's highest tier, OTCQX®.
CRS Electronics Inc. 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.otcqx.com and www.otcmarkets.com.
"The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome CRS Electronics to OTCQX."
Berenbaum Weinshienk PC will serve as CRS Electronics' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and compliance with U.S. securities law.
About CRS Electronics Inc.
CRS Electronics Inc. (TSX.V: LED; OTCQX: LEDCF) trades in the United States on OTCQX under the symbol "LEDCF". CRS Electronics Inc., an Energy Star and Lighting Facts partner, is a leader in the emerging, rapidly-growing market of high efficiency light-emitting-diode ("LED"), or, solid state lighting ("SSL"). Principal activities of CRS include the development, manufacture and sale, primarily in North America.
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. In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange. We categorize the wide spectrum of OTC-traded companies into three tiers - OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB® (the U.S. reporting company marketplace for development stage companies), and OTC Pink™ (the speculative trading 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.
SOURCE OTC Markets Group Inc.