LOS ANGELES, Nov. 3, 2010 /PRNewswire/ -- CTI (OTC Bulletin Board: CVAT, Berlin & Stuttgart: WTC) proudly announces that its common shares are now also listed on the Frankfurt Stock Exchange under the ticket symbol WTC.
CTI's CEO Roman Gordon stated: "We hope to achieve another milestone with the listing on the Frankfurt Stock Exchange to help with our long term focus...this listing should help us gain visibility and support in the European market. The listing on the Frankfurt exchange will increase the profile of CTI with both private and institutional investors in Germany and across Europe. This opportunity to broaden our shareholder base comes at an excellent time for our company as we move into the next phase of our corporate initiative."
Mike Gorodnitsky, President of CTI added: "European investors have a strong interest for investing in 'Green-Tech' companies. Particularly our relationship with Desmet Ballestra (http://www.desmetgroup.com), a large conglomerate with its headquarters in Europe, specializing in the engineering and refining processes for edible and other oils will help expose and introduce our technology throughout the world."
Next to trading in the U.S., and the German exchanges in Berlin and Stuttgart, the Frankfurt Stock Exchange may help CTI build a better investor foundation to move forward. The Frankfurt Stock Exchange provides full-service trading capabilities, which include a trading floor as well as an electronic trading exchange, XETRA.
About the Frankfurt Stock Exchange
The Frankfurt Stock Exchange, known as the Frankfurter Wertpapierenboerse (FWB) is one of the world's largest trading centers for securities. Operated by the Deutsche Boerse AG, FWB is the largest of the eight Germany stock exchanges. The Deutsche Boerse's products and services portfolio cover the entire process chain including securities and deriva
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