CORONA DEL MAR, Calif., June 5, 2009 (GLOBE NEWSWIRE) -- ICC Worldwide, Inc. (OTCBB:ICCW) today announced that the Financial Industry Regulatory Authority has now cleared the firm's request for trading on the OTC Bulletin Board. This ruling was made pursuant to FINRA Rule 6440 and Rule 15c2-11 under the Securities Exchange Act of 1934 and became effective June 4, 2009.
Rich Lauer, ICC's President & CEO, stated, "We are extremely pleased with the recent FINRA ruling. The reestablishment of ICC's listing on the OTCBB is a major milestone for our company. The additional credibility associated with this listing is good news for all current and future ICC investors and stakeholders. Investor confidence will improve as a result of the increased level of SEC scrutiny associated with this listing. And this higher degree of confidence will typically be reflected in increased volume, higher price points, and greater value for our stock."
Lauer went on to say, "Everyone on the ICC team has worked hard over the past year to reshape our strategy, streamline operations, improve revenues, and generally shape ICC into a highly successful company. The OCTBB listing is one highly visible indicator that our efforts are paying off."
About ICC Worldwide:
ICC Worldwide, Inc. (OTCBB:ICCW) provides a specialized range of wholesale communications services and products to an extensive retail channel serving the diverse immigrant worker communities in various parts of Western Europe. The firm's principal operating units are located in Italy, Belgium, Spain, and Romania; while ICC's U.S. headquarters is based in the Southern California community of Corona del Mar.
Forward-Looking Statements:
This press release contains statements, which may constitute "forward-looking statements" within the meaning of various Federal securities laws. Those statements may include remarks regarding the intent, belief or current expectations of ICC Worldwide, Inc., as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements.
For Investor Inquiries: Please visit the company's website: www.iccww.com, or email:info@iccww.com Trading Symbol: ICCW.OB ICC Worldwide is a Trademark of ICC Worldwide, Inc. All other trademarks and registered trademarks are properties of their respective owners.