NEW YORK, Jan. 27, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced EuroSite Power Inc. (OTCQX: EUSP), a provider and operator of efficient on-site energy systems, has qualified to trade on the OTCQX® Best Market. EuroSite Power upgraded to OTCQX from the OTCQB® Venture Market.
EuroSite Power begins trading today on OTCQX under the symbol "EUSP." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome EuroSite Power to the OTCQX market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "OTCQX provides an efficient, transparent trading market for established and growing companies that are committed to enhancing value for their shareholders. We look forward to helping EuroSite Power grow and succeed."
Speaking about the change in trading market, EuroSite Power Chief Executive Officer Dr. Elias Samaras noted, "The completed upgrade of our common stock to OTC Markets Group's Best Market reinforces our dedication to improving liquidity for our shareholders and demonstrates our commitment to the highest standards in transparency and financial reporting. We hope the move to the OTCQX market will increase our visibility and allow us to attract a broader base of shareholders from the investment community to our growing company."
Somertons PLLC serves as EuroSite Power's OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
EuroSite Power has developed an innovative financial solution that provides significant economic and operational benefits to organizations in both the public and private sectors. The company's On-Site Utility Solution delivers real cost savings by efficiently generating low-cost, low-carbon energy on your property using highly efficient mechanical plant such as Combined Heat and Power (CHP) or natural gas fuelled air source heat pumps or chillers. Such equipment will generate electricity, heating, hot water and/or cooling much more economically than can be sourced from out dated plant and traditional utilities via the National Grid if it's expertly operated.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets 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 markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the Pink® Open Market. 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 markets, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
SOURCE OTC Markets Group Inc.