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Amended: 5BARz International Inc. - Establishes Listing on the Berlin Stock Exchange
Jul 29, 2011 (03:07 PM EDT)
MISSION VIEJO, Calif., July 29, 2011 /PRNewswire/ -- 5BARz International Inc. (OTCBB: BARZ) (hereafter "5BARz" or the "Company") is pleased to announce that the Company's securities have today commenced trading on the Berlin Stock Exchange (www.Boerse-Berlin.com) under the symbol "O5B". The Company's lead broker, Baader Bank AG, is one of the leading securities trading banks in Europe.
The Borse Berlin stock exchange, located in Berlin, Germany, reports that nearly all NASDAQ securities are traded in Berlin, and that companies from China and South Africa are also available. International Blue Chips are represented as well as interesting small caps; in total Borse Berlin enables trading in over 15,000 shares from 82 countries.
Mr. Daniel Bland, the CEO of 5BARz International Inc. states that, "A key advantage of listing on the Berlin Stock Exchange is access to new markets and new investors. German investors have in the past been early adopters of emerging technologies in the wireless industry. We are confident that the distinct technological advances demonstrated by the 5BARz technology will be well recognized in this market sector and that this listing facilitates the participation of German investors as we embark upon the successful deployment of our business plan."
About 5BARz International Inc.
5BARz International Inc. holds the exclusive global marketing and distribution rights and holds a 50% ownership interest in the technology underlying the 5BARz™ products. 5BARz™ is a cellular network extender for use in the small office, home and mobile market places. 5BARz™ incorporates a patent-pending technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity.
5BARz International Inc's shares are publicly traded on the OTCBB under the ticker symbol BARZ in the U.S. and on the Berlin Stock Exchange (www.boerse-berlin.com) under symbol "O5B".
On behalf of the Board of Directors
"Mr. Daniel Bland" CEO & Director
5BARz International Inc.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE 5BARz International Inc.