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Andain Inc. the Innovative Technology Incubator, Receives DTC Eligibility
Date:11/27/2012

BEVERLY HILLS, California, November 27, 2012 /PRNewswire/ --

Andain Inc. (OTCQB: ANDN) ("Andain" or the "Company"), a company engaged in commercializing novel technologies in biotech, medical and life sciences fields, today announced today that the Company has been granted eligibility status by the Depository Trust Corporation ("DTC") for its shares of common stock that are traded on the Over the Counter Bulletin Board, effective September 8, 2102.

The DTC is a subsidiary of the Depository Trust & Clearing Corporation, and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." DTC provides for the centralized custody of securities so that they exist only as electronic files rather than as physical certificates. This process provides banks, brokerage firms and other institutions with an efficient means of moving securities and settling trades electronically. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors.

"We are pleased to receive DTC eligibility. Andain Inc.'s combination of leading technologies, products, strong incubator program, defined paths to commercialization, and attractive valuation, present a strong growth opportunity to investors. We look forward to further communicating this with the investment community and increasing the visibility of our company and the liquidity of our stock," said Andain Inc's CEO Sam Elimelech.

ABOUT ANDAIN INC

Established in 2004 as a Nevada corporation with locations in Israel and the US, Andain (OTCQB: ANDN) commercializes novel technologies in the biotech, medical and life sciences fields, specializing in identifying technical innovations and providing a unique incub
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