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Microlog Corporation Announces Plan to Move to OTCQB "Orange Level" of Disclosure
GAITHERSBURG, MD, Nov 27, 2012 (MARKETWIRE via COMTEX) --
Microlog Corporation (PINKSHEETS: MLOG), a Gaithersburg,
Maryland-based technology leader in Interactive Voice Response and
Call Center software solutions for the Government, Healthcare and
Lotteries, is pleased to announce its plan to move to the
fully-reporting "orange level" of disclosure on www.pinksheets.com.
"We believe that the increased disclosure required by the Pink Sheets
and the OTCQB will provide our investors with the information they
need to make an informed investing decision," said Richard
Meccarielli, CEO of Microlog. "Moving to the OTCQB will also give us
a better currency for use in potential acquisitions and financings
and to attract new employees."
The company plans to move to the orange level in two stages. The
first stage, which Microlog plans to complete by March 31, 2013, is
to become a reporting Pink Sheets company by providing certain
financial and corporate information to www.pinksheets.com. The second
step, which will require the filing of a registration statement with
the U.S. Securities and Exchange Commission, will then be to become a
fully reporting company on the OTCQB (orange level). Microlog plans
to file the necessary registration statement in 2013 with a goal of
becoming fully reporting by no later than December 2013.
About Microlog:
Microlog Corporation designs, implements and services patented
software applications that enhance the productivity of the customer
contact center experience, as well as providing consultation on a
variety of system integration options. The company's services
encompass the migration of e-commerce into the traditional call
center environment by Web enablement. Microlog's award winning
products support this Web enablement, as well as supporting all
inbound and outbound media, telephone, e-mail, fax, and Web for
contact centers.
Contact:
Vanessa Meccarielli
Microlog Corporation
(301) 540-5510
vmeccarielli@mlog.com
SOURCE: Microlog Corporation
mailto:vmeccarielli@mlog.com
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