PresseKat - DGAP-News: Exmovere Holdings Announces Historic Frankfurt Stock Exchange Listing

DGAP-News: Exmovere Holdings Announces Historic Frankfurt Stock Exchange Listing

ID: 325013

(firmenpresse) - Exmovere Holdings, Inc.

07.01.2011 22:08
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MCLEAN, Va., 2011-01-07 22:07 CET (GLOBE NEWSWIRE) --Exmovere Holdings, Inc., (www.exmovere.com), a biomedical engineering company,
today announced their official listing on the First Quotation Board (Open
Market) of the Frankfurt Stock Exchange. The company's official trading symbol
is X3M and their listing sponsor is Renell Wertpapierhandelsbank AG.

First trades of the company's Global Depositary Receipts (GDRs) -- were
recorded in the Frankfurt Exchange system and will be available for viewing
online during the day on January 10th, 2011. The GDRs can be traded on the
Frankfurt Open Market in the same manner as any other financial instrument,
including shares, listed on the exchange. Deutsche Bank Trust Company Americas
(DBTCA) has been appointed as the depositary bank for the company and issues
the GDRs for public trading. Each GDR represents one ordinary share.

You can view the official announcement from DBTCA on their home web page at:

https://www.adr.db.com

DBTCA has also sent the announcement to the non-US broker community to help
create additional awareness of, and interest in, Exmovere's GDR program.

David Bychkov, CEO of Exmovere Holdings, Inc., stated: 'We are extremely
pleased to make this historic announcement. For the first time in history, an
American company is listed on a foreign stock exchange for public trading. With
the cooperation and effort of our partners at Renell and DBTCA, along with the
Frankfurt Exchange, we can now offer investors worldwide an opportunity to be
involved in Exmovere's growth and success.'

The Frankfurt Stock Exchange is one of the world's largest trading centers for
securities. Germany has seven stock exchanges and the Frankfurt Stock Exchange




is the largest of these exchanges. Operated by Deutsche Boerse AG, the
Frankfurt Stock Exchange facilitates advanced electronic trading, settlement
and information systems which will allow for Exmovere to meet the steadily
growing demands of cross border trading.

And, Exmovere's company and product development history is international in
scope. Many of its current shareholders are based internationally as well. In
fact, the core emotion technologies of Exmovere Holdings originated at the now
defunct Universita' dell Immagine (UI) in Milan, Italy where David Bychkov, the
CEO of Exmovere, was a professor and director of the Laboratory of
Psychophysiology from 1999-2006. At UI, Bychkov collaborated with fellow
researcher Dr. William Giroldini on the development of emotion algorithms and
embedded biosensors.

The Exmovere company made significant progress in 2010 on several product
development fronts, including its Exmobaby, Telepath and Chariot products. As a
result, several new products will be launched in 2011, starting in January. The
listing in Frankfurt creates additional awareness and potential liquidity for
the company as global investors evaluate and participate in the company's
future earnings. At the same time, Exmovere plans to maintain its US identity
and corporate base in Virginia.

According to company management, the Frankfurt listing also fulfills
commitments to current shareholders. The time and effort from all parties
involved in setting up the Exmovere GDR listing and the caliber of the
Frankfurt Exchange rewards shareholders throughincreased visibility and
credibility. And, current shareholders can enjoy the process of attracting new
investors and liquidity to the company.

Cheyenne Crow, Exmovere's COO, commented, 'We have very loyal shareholders who
believe in the company's mission and go-to-market strategies. The opportunity
to list the company's GDRs for public trading in Frankfurt and gain
international exposure gives us a way to say thank you and reward that loyalty
and commitment. The Frankfurt listing creates a global marketplace for our
current investors.'

Exmovere Holdings, Inc. is focused on government and consumer applications for
healthcare, mobility, and security and the practical applications of the study
of human emotion. Exmovere is currently developing emotion-monitoring infant
sleepwear under the Exmobaby brand, wireless biosensor wristwatches under the
Telepath brand and sensor-enhanced mobility devices for the disabled under the
Chariot brand. Several new brands and offerings are also planned for 2011.

The company also offers Internal Medicine services to over 2000 active patients
through its subsidiary, Clinica of Virginia, LLC. Clinica represents a major
component of Exmovere's ongoing effort to push forward its message that human
emotion is a predictor of forward behavior patterns. Further inquiries into the
company, its strategic vision for Clinica or any of its innovative products can
be directed to the below.

The Exmovere Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7861

Certain of the above statements contained in this press release contain
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended (the 'Exchange Act'). Actual results, events, and
circumstances (including future performance, results, and trends) could differ
materially from those set forth in such statements due to various factors,
risks, and uncertainties, including, but not limited to, risks associated with
the company's future growth and operating results, the uncertainty of market
acceptance of the company's products, technological change, competitive
factors, and general economic conditions. Except as otherwise required to be
disclosed in periodic reports required to be filed by companies registered
under the Exchange Act by rules of the Securities and Exchange Commission, the
company has no duty and undertakes no obligation to update such statements.


CONTACT: Exmovere Holdings, Inc.
Dale Allman, Special Advisor for Investor Relations
(703) 245-8513
dale.allman(at)exmovere.com
http://www.exmovere.com
News Source: NASDAQ OMX



07.01.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Exmovere Holdings, Inc.


US
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901315005
WKN:

End of Announcement DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 07.01.2011 - 22:08 Uhr
Sprache: Deutsch
News-ID 325013
Anzahl Zeichen: 7794

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