TORONTO, Feb. 17 /CNW/ - Asian Television Network International Limited
(ATN)(TSX-SAT) is pleased to announce that it has been named one of the
TSX Venture 50 Companies for 2011, an annual ranking of Canada's top 50
strong performing publicly traded companies. The TSX Venture 50
includes the foremost 10 companies in five major industry sectors that
have been identified as leaders in Canada's public venture market.
John McCoach, President of TSX Venture Exchange said, "Our market
provides a unique growth opportunity for early stage companies, and we
are very pleased to celebrate the success of these issuers."
Dr. Shan Chandrasekar, President and CEO of ATN expressed his
appreciation for this unexpected recognition of ATN from amongst its
peers who are listed on the TSX Venture Exchange. He went on to say,
"TSX Exchange provides an opportunity to small cap companies to go
public and with hard work, become successful and strengthen the
national economy. We are very honoured to be named on the TSX
Venture's prestigious list. I would like to acknowledge the enormous
contributions and loyalty of everyone at ATN who have helped make ATN a
very proud TSX Venture 50 company in 2011."
About the TSX Venture Top 50
The 2011 TSX Venture 50 is comprised of ten companies from each of five
sectors: Clean Technology, Mining, Oil & Gas, Diversified Industries,
and Technology & Life Sciences. The 2011 TSX Venture 50 companies were
chosen based on the following criteria, with equal weighting assigned
to each: share price appreciation, trading volume, market
capitalization growth and analyst coverage.
TSX Venture 50® is a ranking of strong performers on TSX Venture
Exchange. 2011 TSX Venture 50 companies have an impressive track
record. On average, these companies have delivered a return of 260% in
2010. The shares of these companies also enjoy a highly liquid market
with a total of 3.0 billion shares trading over the course of 2010. TSX
Venture Exchange is a unique incubator of public companies and the TSX
Venture 50 achievements are strong evidence of the opportunities in
this market (http://www.tmxmoney.com/en/research/tsxventure50.html).
About Asian Television Network
ATN serves Canada's Asian community with 33 premium specialty television
channels. ATN offers its flagship general interest service, several
Bollywood movie channels with 800 movies a month, sports channels, news
channels, music channels, a lifestyle channel, spiritual channel and
several Regional Language channels. ATN is Canada's largest distributor
of World Class Cricket including ICC World Cup and Indian Premier
League (IPL). ATN operates the only South Asian Radio Service 24 hours
a day on XM across The United States and Canada. ATN is also the first
broadcaster in Canada to deliver South Asian Content on Bell Mobility.
ATN along with CTV and Rogers Media, was a Broadcast Partner for the
Vancouver 2010 Winter Olympic Games. ATN created history by delivering
more than 100 hours of live coverage in six languages on seven channels
across Canada. ATN has programming alliances with leading international
To subscribe to ATN and the new services, and for more details about
these services and programming schedules please visit www.asiantelevision.com.
SOURCE Asian Television Network International Limited
For further information:
B. Fulton CFO
Asian Television Network International Limited
Newmarket, Ontario L3Y 7B6