Ecology Coatings Begins Trading on the OTCQB Marketplace
WARREN, Mich., May 12, 2011 /PRNewswire/ -- Ecology Coatings, Inc. (OTCQB:ECOC), a leader in the discovery and development of nanotechnology-enabled, ultraviolet-curable advanced coatings, today announced that its common stock has moved from the OTCBB and is currently trading over-the-counter in the recently created OTCQB marketplace.
This new over-the-counter market tier includes the securities of over 768 SEC reporting companies and banks, in addition to the 3,050 securities that are currently quoted in the OTC Markets' electronic inter-dealer quotation system. All securities in the new OTCQB tier are displayed on www.otcmarkets.com with an icon reading, "OTCQB ― U.S. Registered."
OTC Markets' electronic inter-dealer quotation and trading system has become the leading platform for market makers, agency brokers and ECNs in the U.S. over-the-counter market. More broker-dealers are choosing the superior performance and functionality of OTC Markets' open, transparent and broker-neutral platform over FINRA's OTCBB for publishing quotes in SEC reporting and bank reporting stocks.
Many market makers trading in ECOC stock have dropped use of FINRA's OTCBB because of the added fees required to keep that designation. With the advent of the OTCQB, these brokers are trading ECOC's securities on the newly created OTCQB.
Investors can find current financial disclosure and Real-Time Level 2 quotes for Ecology Coatings on www.otcmarkets.com.
About Ecology Coatings, Inc.
Ecology Coatings, Inc. (OTCQB:ECOC) is a leader in the development and licensing of cleantech ultraviolet (UV) curable coatings — coatings that improve the products we use daily. Ecology's technology platform allows manufacturers to enhance the durability and performance of their products, while significantly reducing energy costs and increasing manufacturing throughput. The company produces solvent-free coatings, which eliminate the escape of harmful solvents into the atmosphere during application. Headquartered in Warren, Michigan, Ecology Coatings has a development and prototype lab in Akron, Ohio. For additional information, visit the company's website at http://www.ecologycoatings.com.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
949.553.9748
[email protected]
SOURCE Ecology Coatings, Inc.
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