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Colonial Data Technologies Corp. to list on NASDAQ.


NEW MILFORD New Milford.

1 Town (1990 pop. 23,629), Litchfield co., W Conn., on the Housatonic River; inc. 1712. Situated in a dairy region, its manufactures include paper products and electronic equipment.
, Conn.--(BUSINESS WIRE)--February 7, 1996--Colonial Data Technologies Corp., a leader in the design, development and marketing of Caller I.D. products, today announced that it has been approved for listing of its common stock on Nasdaq National Market. The Company expects its shares will begin trading under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 CDTX on February 9, 1996.

Currently, Colonial Data has approximately 15.4 million shares outstanding, which are traded on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 under the symbol CDT CDT
abbr.
Central Daylight Time


CDT Central Daylight Time

CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro;
(BRIT
.

Colonial's President and Chief Executive Officer Robert Schock commented, "Given the growth Colonial Data has experienced over the past few years and significant opportunity we have going forward, we felt a change to Nasdaq would better meet our shareholders needs. We believe Nasdaq will provide our shareholders with greater liquidity as well as increasing the visibility and sponsorship for the Company's common stock, with the advantage of multiple market makers."

Colonial Data Technologies Corp. designs, develops and markets telecommunications products that support intelligent network services being developed and implemented by leading domestic and international telephone operating companies


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. The Company has concentrated its product development and marketing efforts on products that support Caller ID A telephone company service that sends the caller's telephone number between the first and second ring of the call. If the calling number is not blocked, the calling number is displayed on the handset or base station of the called party.  and other emerging intelligent network services. The Company markets an ADSI (Active Directory Services Interface) A programming interface from Microsoft for accessing the Microsoft Active Directory (Windows 2000), the directory within Exchange and other directories via providers.  smart phone, Telesmart 4000, which provides consumers call management features and major new advances in interactive applications via telephone. Through its subsidiaries, the Company distributes small business systems with the Landmark trademark and high-end consumer equipment, including advanced cordless products. The Company also repairs and refurbishes telecommunications products for commercial customers and provides services that support the development and implementation of intelligent network services.

CONTACT: COLONIAL DATA TECHNOLOGIES CORP.

Company Contact:

Walter M. Fiederowicz

Chairman of the Board

(203) 355-3178

or

IR Contact:

Morgen-Walke Associates, Inc.

Donna Stein/Evan Smith/Courtney Levi

Press: Lee Foley

(212) 850-5600
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 7, 1996
Words:301
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