Zurich Financial Services Ltd Joins OTCQX

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Jul 01, 2010, 11:45 ET

NEW YORK, July 1 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Zurich Financial Services Ltd (OTCQX: ZFSVY, SIX: ZURN), a leading insurance-based financial services provider, has chosen to have its American Depositary Receipts (ADRs) quoted on the OTC's highest market tier, OTCQX®.

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Zurich Financial Services Ltd (Zurich) began trading today on OTCQX International Premier where U.S. investors can find current financial disclosure and real-time Level 2 quotes for Zurich's ADR on www.otcqx.com and www.otcmarkets.com.

"We are pleased to have Zurich, a SIX Swiss - Blue Chip Segment issuer, join OTCQX to maximize visibility with U.S. investors," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We welcome Zurich to OTCQX."

The Bank of New York Mellon, which acts as Depositary for Zurich's ADR program, will serve as Zurich's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.

About Zurich Financial Services Group

Zurich Financial Services Group is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia-Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries. Zurich's ADRs will trade in the United States on OTCQX under the symbol "ZFSVY", where each ADR will represent 0.1 ordinary share. Zurich's ordinary shares are listed on the SIX Swiss Exchange under the symbol ZURN.

About OTCQX

The OTCQX Marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX-listed companies, visit www.otcqx.com.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system and facilitates trading in over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at [email protected].

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SOURCE Pink OTC Markets Inc.