LOS ANGELES, Feb. 13, 2012 (GLOBE NEWSWIRE) -- Empire Post Media Inc. (OTCQB:EMPM) is pleased to announce that its common stock has been upgraded to the OTCQB tier of the over-the-counter market. OTCQB was created in 2010 to help investors identify small and emerging companies that are current in their regulatory reporting obligations and to facilitate electronic trading through a broad spectrum of broker-dealers.
"We believe that this is a significant improvement for our company and represents where we are in our growth cycle," Empire CEO Peter Dunn stated. "We expect to announce several new projects and relationships in the coming weeks," he added.
Further information about Empire can be obtained from the company's website, www.empirepostmedia.com. Information about the company's common stock can also be found at www.otcmarkets.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intend," "estimate," "forecast," "project," "plan," "potential," "will," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.