Network CN Announces Company Common Stock Resume Trading on OTCBB
NEW YORK, February 15, 2012 — Network CN Inc. (OTCQB: NWCN), a Chinese media company headquartered in Hong Kong, today announced that, Financial Industry Regulatory Authority (FINRA) has approved the application from the market maker, Glendale Securities, Inc. for resuming quotation of Network CN Inc.’s shares of common stock on the Over the Counter Bulletin Board (OTCBB). Accordingly, Network CN Inc.’s shares of common stock are currently duly quoted on the OTCBB and OTCQB.
About Network CN Inc.
Headquartered in Hong Kong, Network CN Inc. is building a multi-media, multi-application out-of-home advertising network in the key cities of China.
Safe Harbor Statement
This press release includes statements that may constitute “forward- looking” statements, within the meaning of such term in Section 27A of the Securities Act and Section 21E of the Exchange Act, usually containing the word “believe”, “estimate”, “project”, “expect”, “plan”, “anticipate” or similar expressions. Forward- looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, risks related to the build- out of the Company’s media network, acceptance of the Company’s products and services in the marketplace, competitive factors and changes in regulatory environments. These and other risks relating to Network CN Inc. business are set forth in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on May 18, 2011, and other reports filed from time to time with the Securities and Exchange Commission. By making these forward-looking statements, Network CN Inc. disclaims any obligation to update these statements for revisions or changes after the date of this release.