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Vasomedical Common Stock Commences Trading on the OTCBB
Date:12/10/2012

WESTBURY, N.Y., Dec. 10, 2012 /PRNewswire/ -- Vasomedical, Inc. ("Vasomedical" or the "Company") (OTCBB: VASO) announced today that its shares of common stock have initiated trading via the Over-the-Counter Bulletin Board (OTCBB) under the ticker symbol "VASO".

The listing of the Company's common stock on the OTCBB follows FINRA's approval on December 3, 2012 of a 15c2-11 filing submitted by World Trade Financial Corporation, a market maker. For the initial 30 days of trading on the OTCBB there will not be a bid or ask displayed publicly for Vasomedical's common stock, given that there is only one market maker during this period, per the terms of the 15c2-11 filing. After the initial 30 days of trading on the OTCBB additional market makers can begin to make a market in the Company's stock and a bid and ask will then be available publicly for investors. 

"We are excited to initiate trading of our common stock on the OTCBB, which offers our company greater exposure to the investment community. The transition to the OTCBB is part of our broader IR strategy to gain additional investor awareness of Vasomedical and we expect to benefit from increased liquidity in the trading of our shares as a result of this new listing," said Dr. Jun Ma, President and Chief Executive Officer of Vasomedical, Inc.

The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ® or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs).  The OTCBB is not an issuer listing service, market or exchange. Although the OTCBB does not have any listing requirements, to be eligible for quotati
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SOURCE Vasomedical, Inc.
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