Bell Technology Group Commences Trading on German Exchanges
NEW YORK – October 14, 1997
Bell Technology Group Ltd. (Nasdaq: BELT, BELTW) announced today that the Company has been listed on both Germany’s Berlin and Frankfurt stock exchanges. The Company’s shares trade on the ‘Third Segment’ or Over-The-Counter (‘OTC’) market under the symbol ‘BTY.’
Marc H. Bell, President and CEO of Bell Technology Group, stated, ‘I am pleased to announce the listing of Bell Technology Group on Germany’s leading OTC market. This listing places Bell within a distinguished group of international and multinational companies including AT&T, Boeing and Eastman Kodak. The German OTC market is home to more than 600 companies, a large number of which are US-based technology companies including several Internet Service Providers (ISPs), America Online, Sun Microsystems, Netscape and Yahoo.’
Mr. Bell concluded, ‘Since Germany is one of Europes most computer literate countries, Bell’s listing provides us great opportunity to broaden our recognition abroad, as well as the ability to provide increased liquidity and shareholder diversity.’
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