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Pink OTC Markets Inc.: Industrea Limited Joins International OTCQX

^{Published on 2009-01-28 08:57:41, Last Modified on 2009-01-28 08:59:04 - Market Wire}
 

NEW YORK, NY--(Marketwire - January 28, 2009) - Pink OTC Markets Inc., the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Industrea Limited (PINKSHEETS: [ IULTY ]) (OTCQX: [ IULTY ]) (ASX: [ IDL ]), an Australian mining products and services company, has chosen to list its American Depositary Receipts (ADRs) on International OTCQX. Industrea's ADRs began trading today on the OTC market's prestigious tier, International PrimeQX.

Investors can find current disclosure and financial information for the company on [ www.otcqx.com ] and [ www.pinksheets.com ].

"Listing on OTCQX will provide Industrea with greater access to the U.S. capital market, increased U.S. investor visibility and an opportunity to diversify their shareholder base," said R. Cromwell Coulson, Chairman and CEO of Pink OTC Markets. "We welcome Industrea to our growing list of OTCQX issuers."

Industrea's Managing Director and CEO, Mr. Robin Levison, said: "We are very pleased to have opened a new channel to U.S. capital markets through our listing on OTCQX. The continued growth in our suite of mining products and services and our growing presence in overseas markets, particularly the large Chinese mining market, have seen an increased level of interest in Industrea from U.S. investors. The ability to provide those investors with a local U.S. market is a significant step forward for the company."

U.S. investment bank Merriman Curhan Ford will serve as Industrea's Principal American Liaison ("PAL") on the International OTCQX, responsible for providing guidance on listing requirements.

"We are pleased to sponsor Industrea and help them gain U.S. institutional investor visibility from our capital markets capabilities," said Stephen Nash, managing director and head of Merriman Curhan Ford's OTCQX Advisory Group. "Industrea represents Merriman's eighth Australian company to list on OTCQX -- the most out of any investment bank PAL."

Industrea's ADRs will trade in the United States on International OTCQX under the ticker "IULTY" where each ADR will represent fifty ordinary shares. Industrea's shares are also listed on the Australian Securities Exchange (ASX). The company's headquarters are in Queensland, Australia.

About Industrea Limited

Industrea Limited (PINKSHEETS: [ IULTY ]) (OTCQX: [ IULTY ]) (ASX: [ IDL ]) is a mining products and services group based in Australia. Industrea provides integrated mining products and services including open cut earthmoving and equipment hire, asset management, contracting and engineering services. Industrea's range of mining products includes: Collision Avoidance Systems, Underground Directional Drilling, Aboveground Directional Drilling, Contractor Management, Mobile Asset Tracking and Driver Safety performance index. The company's products and services are sold in Australia, United States, South America, Indonesia, Papua New Guinea and China. Co. also acts as distributor for global mining suppliers Sandvik Voist Alpine (Scandinavia) and Tagor (Poland). For more about Industrea Limited visit [ www.industrea.com.au ]

About Merriman Curhan Ford

Merriman Curhan Ford (NASDAQ: [ MERR ]) is a financial services firm focused on fast-growing companies and the institutions who invest in them. The company offers high-quality investment banking, equity research, institutional services, primary market research, corporate & executive services, asset management and venture services, and specializes in three growth industry sectors: CleanTech, Consumer/Internet/Media and Health Care. For more information, please go to [ www.mcfco.com ].

About International OTCQX

International OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified non-U.S. exchange and provide ongoing disclosure in English to U.S. investors. More importantly, International OTCQX distinguishes the reputable international issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier International OTCQX, which commenced trading on March 5, 2007. For more about International OTCQX, visit [ www.otcqx.com ].

About Pink OTC Markets Inc.

Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. We create innovative technology and data solutions to efficiently connect market participants, improve price discovery, increase issuer disclosure, and better inform investors. Pink OTC Markets operates the third largest U.S. equity trading venue which includes both the elite OTCQX market tiers for strong OTC-traded companies that can satisfy financial and disclosure listing standards and Pink Sheets for all other OTC quoted securities.

Over 230 financial service firms, including the ten largest U.S. investment banks, actively make markets in OTCQX and Pink Sheets quoted securities and in 2007 these firms traded over $160 billion of OTCQX and Pink Sheets securities. Pink OTC Markets offers widespread access to all U.S. broker-dealers, enabling investors to seamlessly trade these securities through their institutional, online, or full service brokers.

Pink OTC Markets is headquartered in New York City.

To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at [ www.pinkotc.com ], [ www.pinksheets.com ] and [ www.otcqx.com ] or contact us at [ info@pinkotc.com ].