InfoLogix Announces Approval for NASD...( HATBORO Pa. Sept. 24 /- InfoLogix...),Health
HATBORO, Pa., Sept. 24 /PRNewswire-FirstCall/ -- InfoLogix, Inc., a leading technology provider of mobile enterprise solutions for the healthcare and commercial industries, announced today that The NASDAQ Stock Market LLC has approved its application for listing of the Company's common stock on the NASDAQ Capital Market. Trading in the Company's common stock commenced on the morning of September 24, 2007 under the symbol "IFLG."
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"We are extremely pleased that our listing application has been approved. This listing is a significant milestone for our company and highlights our continuing commitment to enhancing shareholder value," commented David Gulian, president and CEO of InfoLogix, Inc. "The move to the NASDAQ Capital Market will not only increase our visibility and credibility in the marketplace but also enhance liquidity and trading efficiency for investors. We are proud to have satisfied the standards of reporting and financial strength required by NASDAQ."
InfoLogix provides RFID and other technology solutions for the healthcare and enterprise mobility markets, including solutions that directly address three of the top four technology needs identified by CIOs in the 18th annual HIMSS leadership survey. The global RFID marketplace is expected to exceed $26 billion by 2015 according to industry analysts. InfoLogix provides various technology solutions to over 1,400 hospitals, or 20% of all hospitals located in the United States.
About InfoLogix, Inc.
InfoLogix (Nasdaq: IFLG) is a leading provider of technology and RFID
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