Advanced Systems International Announces Listing of ADSN On NASD: OTCBB
16 August 1999
Advanced Systems International Announces Listing of ADSN On NASD: OTCBB
SOUTHFIELD, Mich.--August 16, 1999--Advanced Systems International, Inc. (NQB: ADSN) announced today that it had "cleared" all comments through the Securities and Exchange Commission on its SEC Registration Statement Form 10-SB.The requirement to be a reporting issuer is a recently enacted prerequisite to be listed on the NASDAQ OTCBB.
Having completed SEC requirements, the Company's market makers have filed with the NASD to have its shares once again quoted on the Nasdaq OTCBB. Trading on the OTCBB using the symbol "ADSN" is expected before the end of the week.
The company wishes to thank investors who have remained supportive during the filing process.
Advanced Systems International is a leading supplier of time and attendance and labor allocation applications, as well as data distribution and access (DDA) solutions for the Enterprise Resource Planning (ERP) environment. ASI's cost effective, comprehensive product offering includes the application software, hardware, implementation services and on-going support necessary for rapid deployment of enterprise-wide distributed processing. Key markets include automotive, automotive supply, packaged goods, and pharmaceuticals, food processing and other manufacturing industries. The company markets its products through direct sales and in conjunction with strategic partners.
In conjunction with the provisions of the new "Safe Harbor" section of the Private Securities Litigation Reform Act of 1995, this news release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectations. Further information on potential factors that could affect Advanced Systems International, Inc. is included in the company's Form 10 filed with the Securities and Exchange Commission.