Affinity Energy & Health Ltd (ALGXY)

[Tommy]

ALGXY News

NEW YORK, Feb. 22, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM.PK - News) the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Algae.Tec Limited (OTCQX: ALGXY; ASX: AEB), a renewable energy company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.

(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)

Algae.Tec 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.otcmarkets.com.

"We are pleased to welcome Algae.Tec to OTCQX," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors."

INTL Trading, Inc. will serve as Algae.Tec's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Algae.Tec Limited
Algae.Tec Limited (OTCQX: ALGXY; ASX: AEB) trades in the United States on OTCQX under the symbol "ALGXY", where each ADR represents 10 ordinary shares. Algae.Tec is also trading on the ASX under the symbol "AEB". Algae.Tec Limited (ASX:AEB, FWB:GZA:GR) an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system has biofuels agreements with global airline Lufthansa, the Sri Lanka arm of cement giant Holcim, the Kerui Group in China, and Manildra Group in Australia. Algae.Tec has just completed a AU$5m capital raising, and has quadrupled its Atlanta-based Algae Development and Manufacturing Centre. To read more, please visit: http://algaetec.com.au/news-room/images/.