Electronics Manufacturing Group Receives Conditional Approval From TSE
CALGARY, Jan. 19 /CNW/ - Electronics Manufacturing Group Inc., (CDNX: EMY) announces that the Toronto Stock Exchange has conditionally approved the listing of its common shares, subject to Section 502 of the TSE's Company Manual. Accordingly, listing is subject to EMG fulfilling all of the requirements of the Exchange within the next three months. "We are delighted by the progress we have made," explained David Snell, Vice Chairman and CEO for Electronics Manufacturing Group. "EMG's graduation to the TSE marks an important milestone within our strategic business plan to build critical mass to compete in the mid-tier and become profitable within our first five years of operations. In addition to growing our customer base, EMG will build upon the electronic manufacturing services we offer."
About EMG: Operating since 1998, Electronics Manufacturing Group Inc. is an ISO 9002 registered Electronics Manufacturing Services (EMS) company. The company provides a complete range of product development and delivery services to the global technology and electronics industry, including design, prototyping, manufacturing, assembly, testing, product assurance, supply chain management, worldwide distribution and after-sales service. Headquartered in Calgary, Alberta, EMG has three manufacturing facilities in Canada and is continually expanding its electronics manufacturing services in order to set the standard for bringing quality electronics products to market quickly. EMG employs 355 Canadians and was recently recognized by Profit Magazine as the sixth fastest growing start-up in Canada and by Alberta Venture Magazine as Alberta's fastest growing manufacturer. EMG is listed on the Canadian Venture Exchange under the symbol "EMY". More information can be found by visiting www.emgplace.com.
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. This news release may contain forward-looking information. Actual future results may differ materially from those contemplated. The risks, uncertainties and other factors that could influence actual results are described in documents filed with regulatory authorities. %SEDAR: 00012076E |