NEW YORK, Jan. 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 Wavefront Technology Solutions, Inc. (OTCQX: WFTSF; TSX.V: WEE), a company focused on oil recovery and well stimulation, is now trading on the highest tier of the OTC market, OTCQX®.
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Wavefront 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 offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Wavefront to OTCQX."
Casimir Capital L.P., a full service international investment bank specializing in natural resources, will serve as Wavefront's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Wavefront Technology Solutions, Inc.
Wavefront Technology Solutions, Inc. (OTCQX: WFTSF; TSX.V: WEE) trades in the United States on OTCQX under the symbol "WFTSF", and in Canada on the TSX Venture under the symbol "WEE". Wavefront Technology Solutions Inc.'s principal business activities involve the licensing and utilization of the Corporation's patented process for the enhancement and improvement of oil recovery and well stimulation (Powerwave™), and the optimization of groundwater remediation approaches (Primawave™). In the oil sector the Corporation's strategy is to leverage its intellectual property through the granting of licenses to oil producers. In the environmental sector the Corporation's strategy is to provide site licenses to service providers, consultants, and stakeholders involved in site specific groundwater clean-up.
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. We categorize the wide spectrum of OTC-traded companies into three tiers - OTCQX (the intelligent marketplace), OTCQB® (the venture marketplace), and OTC Pink™ (the open 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.
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SOURCE OTC Markets Group Inc.
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