Auto-Q International Inc. Shares have Commenced Trading on the Berlin Stock Exchange under the Symbol DE:AQT
LONDON--Feb. 27, 2003--Auto-Q International Inc (OTCBB: AUTQ) announced today that its common stock has also been listed for trading on the Berlin Stock Exchange under the symbol DE:AQT.Auto-Q International Inc. is a leading UK supplier of vehicle telematics systems. The Company develops, assembles, supplies and installs mobile data acquisition and vehicle tracking systems using global positioning systems and mobile telephone systems technologies.
Tom Lam, CEO of Auto-Q, stated, "We are delighted to have the additional listing of our shares in Germany, which should provide greater access to our stock for the European investor. With this new accessibility and our improved investor relations program, we expect our stock price to more closely reflect the fair value of the Company."
About Auto-Q
Auto-Q International is one of the UK's pre-eminent telematics players. Since 1997, the Company has been developing, supplying and installing mobile data acquisition and vehicle tracking systems using global positioning systems and telematics technology.
Auto-Q's products are used for vehicle fleet and asset management including tracking and positioning, security, fuel monitoring, navigation, data acquisition and reporting. Auto-Q provides global satellite tracking for consumers, businesses and governments in the United Kingdom. For more information, please see www.auto-q.com
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, economic conditions, market acceptance of products, risks in technology and product development.