BodyTel Scientific, Inc. Listed on Germany's Largest Stock Exchange.Company Commences Trading on Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. HENDERSON, Nev. -- BodyTel Scientific, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BDYT), a company focused on the development of innovative wireless products for monitoring diabetes, is now listed on Germany's largest stock exchange. BodyTel Scientific, Inc. today announced the appointment of Concord Financial Intermediary Financial Intermediary An institution that acts as the middleman between investors and firms raising funds. Often referred to as financial institutions. Notes: This can include chartered banks, insurance companies, investment dealers, mutual funds, and pension funds. GmbH to list its shares for trading on the Frankfurt Stock Exchange. This will be a dual listing as BodyTel Scientific, Inc. shares will continue to trade on the Nasdaq Stock Exchange's OTCBB market. The Company's WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) (Wertpapierkennnummer) is A0MKD MKD The ISO 4217 currency code for the Macedonian Denar. 5 and ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. Number is US0970001. Commenting on today's announcement, Benny Lee, BodyTel Scientific, Inc. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated: "We are delighted to work with a partner with the skills and experience of Concord Financial Intermediary GmbH. It is an independent financial boutique firm with a solid and growing customer base, with headquarters in Frankfurt. This makes them an ideal partner for BodyTel Scientific, Inc. to target the German market." Lee continued, "The German market is important to BodyTel Scientific, Inc. because of its size and our long-term European expansion plans. We look forward to successfully bringing awareness to the Company's stock in Germany, using a German symbol, a price quoted in Euros and a renowned German partner." Lee added, "The Frankfurt Stock Exchange is one of the biggest and most efficient exchanges in the world and now European investors will have the access needed to participate in the company's growth." About Frankfurt Stock Exchange FWB Frankfurter Wertpapierborse FWB Frankfurter Wertpapierborse See Frankfurt Stock Exchange (FWB Frankfurter Wertpapierborse). (Frankfurt Stock Exchange), is one of the world's largest trading centers for securities. With a share in turnover of around 90 percent, it is the largest of the eight German stock exchanges. Deutsche Borse AG operates the Frankfurt Stock Exchange, an entity under public law. In this capacity it ensures the smooth functioning of exchange trading. The Frankfurt Stock Exchange facilitates advanced electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. , settlement and information systems. Thus, it is able to meet the steadily growing requirements of cross-border trading. Besides traditional floor trading, it has in Xetra one of the leading electronic trading platforms in the world. With the launch of Xetra in 1997, the Frankfurt Stock Exchange succeeded not only in strengthening its own competitive position, it also created attractive framework conditions for foreign investors and market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. . Today, the Frankfurt Stock Exchange is an international trading center. This is also reflected in its member structure. Some 140 of around 300 market participants come from abroad. About BodyTel Scientific, Inc. BodyTel Scientific Inc. is a company focused on the development of innovative wireless healthcare products. BodyTel offers a complete system of wireless meters covering all relevant data from blood glucose blood glucose Diabetology The principal sugar produced by the body from food–especially carbohydrates, but also from proteins and fats; glucose is the body's major source of energy, is transported to cells via the circulation and used by cells in the presence , blood pressure, weight and diet to assist healthcare providers in monitoring the health of their patients suffering from diabetes. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Statements regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Forward-looking statements in this press release include that BodyTel's mission is to become a market leader in providing innovative higher quality diabetes monitoring products and services to diabetic patients and their physicians and that our primary product is a true wireless monitoring device that provides a higher quality testing, reporting and monitoring system than any currently being offered in the market. Actual results may differ materially from those currently anticipated due to a number of factors as we may find that our products must compete with cheaper or better products; we may not be able to retain key employees; a bigger market may not develop for our products and we may not be able to continue to attract new customers; we may face litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. if our technology fails to work when required; our intellectual property may be attacked and defeated in court proceedings; our patent filings may be rejected by the patent offices; other companies may discover and develop better or cheaper technologies that would render our products obsolete and we may not have sufficient funding to further develop and/or market our technology. Readers are directed to the BodyTel Scientific, Inc.'s reports as filed with the U.S. Securities and Exchange Commission from time to time, including but not limited to its 8-K filed December 14, 2006 under our prior name Sellcell.net which outlined the company's current business for further information and factors that may affect BodyTel Scientific Inc.'s business and results of operations as well as the Company's form 10-KSB filed on December 15, 2006. BodyTel Scientific Inc. undertakes no obligations to publicly update any forward-looking statements to reflect future events or circumstances. |
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