Miracom Industries Begins Trading on OTC Bulletin Board.Business Editors LAMIRADA, Calif.--(BUSINESS WIRE)--May 17, 2001 Miracom Industries Inc, of Lamirada, California announced today that it has met all listing requirements of the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board, and as of 5/03/01 is currently trading under the symbol MRCM MRCM Monitoring, Reconnaissance and CounterMeasures MRCM Master Chief Machinery Repairman (Naval Rating) MRCM Murmansk Regional Monitoring Centre . The OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. is a regulated electronic quotation service Electronic Quotation Service An Internet-based quotation service operated by Pink Sheets LLC for brokers and market makers of over-the-counter equities and bonds. that displays real-time quotes, last-sale prices, and volume information in over- the-counter securities. Shareholders may obtain stock quotes at www.otcbb.com. Miracom Industries, Incorporated is a consumer electronic telecommunication product manufacturer and wholesale distribution company. Miracom is currently developing multiple advanced products for both the mass retail consumer market, as well as the B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business sector. The first product, scheduled for release later this year, is a revolutionary caller-id unit. This product is equiped with advanced functionality such as remote access and voice response capability. The second product to be released is a highly functional, yet low cost, scaleable PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). unit. This PBX unit is designed to compete with existing solutions currently available at much higher price points. The PBX unit will provide an easy method of installation, which works with all standard telephone lines and pc modems, and is easily expandable through plug and play modules. The solution is designed for both home offices, and small to mid-sized businesses, many of which may currently consider this type of technology unaffordable un·af·ford·a·ble adj. Too expensive: medical care that has become unaffordable for many. un . Further information of Miracom Industries is available at the corporate website, which is located at http://www.miracomind.com. Investor inquiries may be directed to Paul Kim, or Jimmy Sung, at 877-647-2266. Email inquiries should be sent to miracomind@msn.com. Some statements in this release may be "forward-looking statements," and as such may include risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to; factors detailed in the company's latest 10Q filings with the SEC. |
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