Healthzone Ltd. Joins OTCQX
NEW YORK – April 20, 2010 – Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Healthzone Ltd. (OTCQX: HLTZY, ASX: HZL), the Australian health, beauty and natural food products retailer and distributor, has chosen to list its American Depositary Receipts (ADRs) on OTCQX®.
“We are pleased to welcome Healthzone to OTCQX,” said R. Cromwell Coulson, President and CEO of Pink OTC Markets. “OTCQX provides Healthzone with the highest level of visibility and access to U.S. investors possible in the OTC Market.”
Healthzone’s ADRs 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.
“This is a major milestone in the development of Healthzone’s international profile and markets,” said Healthzone’s Chairman, Peter Roach. “The OTCQX program will enable international investors to participate more easily in Healthzone’s international growth and is expected to provide a range of benefits to Healthzone, including international profile, support by strategic investors in international markets and enhances the liquidity of Healthzone securities in international capital markets, which is expected to enhance Healthzone’s enterprise value.”
Hudson Securities Inc. will serve as Healthzone’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on listing requirements.
About Healthzone Ltd.
(OTCQX: HLTZY, ASX: HZL) Healthzone’s ADRs will trade in the United States on OTCQX under the symbol “HLTZY”, where each ADR will represent 10 ordinary shares. Healthzone’s ordinary shares are also listed on the Australian Stock Exchange under the symbol HZL. Healthzone Ltd. produces, distributes and markets a variety of health and beauty products. The Company operates Healthy Life, the largest natural food store franchise and is the largest natural products distributor in Australia. Healthzone markets its branded products through distribution channels in Europe, North America, China and other Asian markets.
The OTCQX Marketplace is the premier tier of the U.S. OTC 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. stock exchange. For more information and to view a full list of OTCQX-listed companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the OTC securities market. The OTCQX and Pink Sheets marketplaces 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 OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at email@example.com.
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