Navigation Links
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 incubator/accelerator development and industrial platform. The company also offers technical know-how and business strategy expertise to commercialize new technologies and deliver shareholder value. For more information, please visit our website at http://www.andaininc.com.

FORWARD LOOKING STATEMENTS

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-K filing and other filings with the U S. Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.

Contacts:
Sam Elimelech, President & CEO
Andain Inc
sam@andaininc.com

Howard Gostfrand, President
American Capital Ventures
+1-305-918-7000
info@amcapventures.com


'/>"/>
SOURCE Andain Inc
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Sihuan Pharmaceutical Collaborates with NeuroVive to Develop Two Innovative Cardio-cerebral Vascular Products in China
2. Innovative Hematology and Flow Cytometry Technologies and Emerging Markets
3. ePharmaSolutions Launches an Innovative Patient Recruitment Application for Windows 8
4. Frost & Sullivan: Respirator Manufacturers to Develop Innovative Solutions to Overcome Economic Challenges in North America
5. Innovative Drugs to Transform European Alzheimers Disease Medication Market by 2015, Says Frost & Sullivan
6. Coloplast Launches the Innovative Altis Single Incision Sling System
7. DebMed Selected By Three Leading Healthcare Group Purchasing Organizations To Demonstrate Innovative Patient Safety Solution
8. The Japanese Cancer Association and Debiopharm Group Present Doctors Oshima and Tanaka with the 2012 JCA-Mauvernay Award for their Innovative and Outstanding Cancer Research
9. Tranzbyte Corporation Acquires the Exclusive Right to Market Low-Cost, Innovative MRI machines in North and South America
10. Ixonos Provides NHS Choices With Innovative Health Apps
11. Pomona Valley Hospital is First in the Region to Use Innovative Technology for Neonates
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/9/2016)...  Nevro Corp. (NYSE: NVRO ), a ... solutions for the treatment of chronic pain, today announced ... filed a lawsuit for patent infringement.  The lawsuit, filed ... of Delaware , alleges that Nevro ... stimulation leads, batteries, and telemetry units. ...
(Date:12/9/2016)... 2016 MSD, a nationally recognized supplier of ... alternate site health care facilities, announced today that it ... ("First Choice"), a privately held national distributor of medical ... home health segments. We would like to welcome First ... compelling transaction will deliver significant and immediate value to ...
(Date:12/9/2016)... , December 9, 2016 ... Subcutaneous ICD, Single-Chamber ICD, Dual-Chamber ICD, Cardiac Resynchronization ... Defibrillators, Wearable Cardioverter Defibrillators The ... at a CAGR of 5.3% from 2016-2020 and ... expected to grow at a CAGR of 5.2% ...
Breaking Medicine Technology:
(Date:12/11/2016)... ... December 11, 2016 , ... Traditional cell phone chargers serve a very ... case for chargers used for tablets, portable laptops, and other mobile devices with rechargeable ... charges its respective device. An inventor from Floral Park, N.Y., has developed the patent-pending ...
(Date:12/11/2016)... ... , ... It’s hard for an inventor from Hanover, Pa., to spend time ... eyes and general discomfort associated with allergic reactions, he decided to develop an easy ... the patent-pending CLEAN AIR NOSE FILTER, an accessory that provides relief of allergic reactions ...
(Date:12/11/2016)... FL (PRWEB) , ... December 11, 2016 , ... ... to the online market. Skinerals Organic Skin Science has introduced 16 new products ... explains Michael Schindele, creator of Skinerals, "And we wanted to supply more products ...
(Date:12/11/2016)... , ... December 11, 2016 , ... ... has announced its 2017 program schedule, now available online. This year’s conference event ... research concerning eating disorders. The dynamic Symposium will take place March 22 - ...
(Date:12/10/2016)... ... December 09, 2016 , ... ... survival rates have increased greatly in recent years. This can be attributed to ... that progress hasn’t been equally distributed. In response, Mediaplanet’s latest, cross-platform edition of ...
Breaking Medicine News(10 mins):