Flanders Corporation Joins OTCQX
February 01 2010 - 5:30AM
PR Newswire (US)
NEW YORK, Feb. 1 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc.
(Pink Sheets: PINK), the leading electronic inter-dealer quotation
system, trading technology and financial information provider for
Over-the-Counter (OTC) securities, today announced that Flanders
Corporation (OTCQX: FLDR), a leading air filtration products
manufacturer, is now trading on OTCQX®. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO) Flanders
Corp. began trading today on the OTC market's highest tier, OTCQX
U.S. Premier. Investors can find current financial disclosure and
real-time Level 2 quotes for the company on http://www.otcqx.com/
and http://www.pinksheets.com/. "Flanders Corporation has chosen to
remain investor focused as they transition from NASDAQ to trade on
OTCQX, which allows them to continue to provide superior
information and transparent trading on a quality controlled listing
platform," said R. Cromwell Coulson, Chairman and CEO of Pink OTC
Markets. "With OTCQX, Flanders can continue to trade on a respected
market tier while providing credible disclosure through a process
customized for smaller companies." B. Riley & Co., LLC will
serve as Flanders Corporation's Investment Bank Designated Advisor
for Disclosure ("DAD") on OTCQX, responsible for providing guidance
on listing requirements. "B. Riley is focused on helping companies,
like Flanders, that are proactive in maintaining good corporate
governance and are sensitive to shareholder needs for
transparency," said Bryant Riley, Chairman of B. Riley. "We look
forward to working as an advisor to Flanders." About Flanders Corp.
(OTCQX: FLDR) Originally founded in 1950 in Flanders, New York,
today Flanders Corporation headquartered in Washington, North
Carolina; designs, manufacturers and markets the highest quality
filter, Cleanroom and containment filtration systems necessary to
filter and contain airborne contaminants. Flanders is a $225
million producer and marketer of air filtration products and
equipment. With 12 active operating facilities and 2,200 employees
worldwide, we boast the broadest product offering of any company in
our industry. For more about Flanders Corp., visit
http://www.flanderscorp.com/. About OTCQX The OTCQX marketplace is
the premier tier of the U.S. Over-the-Counter market.
Investor-focused companies use the quality controlled OTCQX listing
platform to offer investors transparent trading, superior
information, and easy access through their regulated U.S.
broker-dealers. The innovative OTCQX platform offers companies and
their shareholders a level of marketplace services formerly
available only on a U.S. exchange. For more about OTCQX, visit
http://www.otcqx.com/. About Pink OTC Markets Inc. Pink OTC Markets
Inc. (Pink Sheets: PINK) is a financial information and technology
services company that operates the leading electronic quotation and
trading system in the Over-the-Counter, or OTC, securities market.
The OTCQX and Pink Sheets® marketplaces that we operate constitute,
by dollar volume, the third largest U.S. liquidity pool for trading
public company shares, after The NASDAQ Stock Market, Inc. and The
New York Stock Exchange. Our technology platform provides a
comprehensive suite of information products and trading services
for OTC market participants. Our products and services promote
market transparency, improve price discovery, facilitate regulatory
compliance, and increase the quality of issuer disclosure, to the
benefit of all OTC market participants. To learn more about how
Pink OTC Markets' products and services make the OTC marketplace
more transparent, informed, and efficient, please visit our
websites at http://www.pinkotc.com/, http://www.pinksheets.com/ and
http://www.otcqx.com/ or contact us at . Pink OTC Markets is
headquartered in New York City. Subscribe to the OTCQX RSS Feed
http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGODATASOURCE:
Pink OTC Markets Inc. CONTACT: Matthew Sheldon, CCG Investor
Relations, +1-310-954-1346, Web Site: http://www.pinkotc.com/
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