Functional Technologies Corp. Joins OTCQX

NEW YORK, May 15, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that Functional Technologies Corp. (OTCQX: FEBTF; TSX.V: FEB), a bioindustrial technology company, is now trading on the highest tier of the OTC market, OTCQX®. 

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Functional Technologies 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 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 Functional Technologies to OTCQX."

Berns & Berns, Counsellors at Law will serve as Functional Technologies' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.

About Functional Technologies Corp.
Functional Technologies Corp. (OTCQX: FEBTF; TSX.V: FEB) of Vancouver, British Columbia trades in the United States on OTCQX under the symbol "FEBTF", and in Canada on the TSX Venture Exchange under the symbol "FEB". Functional Technologies Corp. develops and commercializes proprietary, advanced yeast-based solutions to significant problems in the food, beverage and healthcare industries. The Company's technology platform and scientific know-how improves the performance of innate yeast functions, and prevents the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by the World Health Organization (WHO) as probable human carcinogens. Functional Technologies Corp. markets its commercialized yeast products, primarily its hydrogen sulphide-preventing wine yeasts, through wholly owned subsidiaries in the U.S. and Europe. The Company's U.S. subsidiary, Phyterra Yeast Inc. and its associated sales office, is based in Napa Valley, California.   

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 wide spectrum of OTC-traded equity securities into three marketplaces to 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 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.

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SOURCE OTC Markets Group Inc.