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"As an OTCQX-listed company, Infineon Technologies maintains their visibility to the U.S. investor community and associates itself with some of the highest quality companies traded over-the-counter," said R. Cromwell Coulson, Chairman and CEO of Pink OTC Markets. "We welcome Infineon Technologies to our growing list of OTCQX issuers."
Deutsche Bank will serve as Infineon Technologies' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.
Infineon Technologies' ADRs will trade in the United States on OTCQX under the ticker "IFNNY" where each ADR will represent one ordinary share. Infineon Technologies' shares are listed on Frankfurt Stock Exchange. The company's headquarters are in Neubiberg, Germany.
About Infineon Technologies
Infineon Technologies designs, develops, manufactures and markets semiconductors and system applications used in a variety of microelectronic applications, including computer systems, telecommunications systems, consumer goods, automotive products, industrial automation and control systems, and chip card applications addressing the three central challenges to modern society: energy efficiency, communications, and security. The Company's products include standard commodity components, full-custom devices, semi-custom devices, and application-specific components for memory, analog, digital, and mixed-signal applications. Infineon has operations, investments, and customers located mainly in Europe, Asia and North America, with five segments: Automotive, Industrial & Multimarkets, Chipcard & Security, Wireless Solutions, and Wireline Communications.
About OTCQX
OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified non-U.S. exchange and provides ongoing disclosure in English to U.S. investors. More importantly, OTCQX distinguishes the reputable international issuers from the 9,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier OTCQX, which commenced trading on March 5, 2007. For more about OTCQX, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. We create innovative technology and data solutions to efficiently connect market participants, improve price discovery, increase issuer disclosure, and better inform investors. Pink OTC Markets operates the third largest U.S. equity trading venue which includes both the elite OTCQX market tiers for strong OTC-traded companies that can satisfy financial and disclosure listing standards and Pink Sheets for all other OTC quoted securities.
Over 230 financial service firms, including the ten largest U.S. investment banks, actively make markets in OTCQX and Pink Sheets quoted securities and in 2008 these firms traded over $130 billion of OTCQX and Pink Sheets securities. Pink OTC Markets offers widespread access to all U.S. broker-dealers, enabling investors to seamlessly trade these securities through their institutional, online, or full service brokers.
Pink OTC Markets is headquartered in New York City.
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.pinksheets.com and www.otcqx.com or contact us at info@pinkotc.com.
Media Contact: Chris Moore CCG Investor Relations +1 (646) 454-4519 Christopher.Moore@ccgir.com
SOURCE: Pink OTC Markets Inc.
mailto:Christopher.Moore@ccgir.com
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