NEW YORK, Jan. 4, 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 over-the-counter ("OTC") stocks, announced that Innovative Composites International Inc. (OTCQX: ICIZF; TSX.V: IC), an engineering and manufacturing company focused on a line of state-of-the-art composite products targeted at the multi-billion dollar transportation and housing markets, is now trading on the highest tier of the OTC market, OTCQX®.
Innovative Composites 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.
"The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Innovative Composites to OTCQX."
Hodgson Russ LLP will serve as Innovative Composites' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Innovative Composites International Inc.
Innovative Composites International Inc. (OTCQX: ICIZF; TSX.V: IC) trades in the United States on OTCQX under the symbol "ICIZF", and in Canada on the TSX Venture Exchange under the symbol "IC". Innovative Composites International is a high-tech engineering and manufacturing company that is successfully commercializing a patent protected line of state-of-the-art composite products targeted at the multi-billion dollar transportation and housing markets.
Led by a team of commercialization experts Innovative Composites has adopted a tier two business model: it designs and manufactures game-changing products and partners with established companies in its target markets to utilize their sales channels for faster product roll-out.
This strategy and the superior characteristics of the products have resulted in rapidly growing sales in both markets and opened up opportunities that could lead to large scale contracts on an ongoing basis.
To find out more about Innovative Composites please visit our website at: www.innovativecompositesinc.com
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 quality-controlled marketplace for investor friendly companies), OTCQB® (the U.S. reporting company marketplace for development stage companies), and OTC Pink™ (the speculative trading 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.