TORONTO, Sept. 28, 2011 /CNW/ - Frontline Technologies Inc. ("Frontline"
or the "Company") (TSX -FLC), a leading provider of innovative
technology and trading services, announced they recently added the
Investment Industry Association of Canada (IIAC) to its client roster.
IIAC, the Association representing the Canadian securities industry and
its more than 200 member firms, is using Frontline for their IT
solutions and services.
"We are delighted that IIAC has selected Frontline for their technology
requirements. IIAC is an important organization that drives the
development and growth of the Canadian investment industry and
Frontline is honoured to service their IT needs," said Hoss Astaraki,
Chairman and CEO of Frontline Technologies Inc.
"We are pleased to work with Frontline Technologies as our IT solutions
provider," said Ian Russell, President and CEO, Investment Industry
Association of Canada. "Several of our members work with Frontline and
have had nothing but positive experiences."
About Frontline Technologies Inc.
Frontline Technologies is an established, innovative technology service
company serving the professional, financial and investment banking
communities across Canada. Frontline Technologies Inc. is a provider of
trading technology services for equities and options. Frontline
Technologies also provides IT infrastructure support, managed services,
technical support, hosted environment including email and file servers,
remote backup, VoIP services, ISP, disaster recovery and much more. In
addition to infrastructure support, Frontline also offers the "Trade to
Clear" application - a comprehensive platform for managing different
aspects of trading such as OMS, Position Management, Post-trade
Matching and Electronic Ticketing. Customers are able to access an
array of services through one reliable provider - Frontline
Technologies Inc. Frontline Technologies is listed on the Toronto Stock
Additional information is available at www.frontline.ca
Forward looking statements:
Certain statements in this press release may constitute
"forward-looking" statements which involve known and unknown risks,
uncertainties and other factors which may cause actual results,
performance or achievements of the Company, its subsidiaries or the
industries in which they operate to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. When used in this press release, the
words "estimate", "believe", "anticipate", "intend", "expect", "plan",
"may", "should", "will", the negative thereof or other variations
thereon or comparable terminology are intended to identify
forward-looking statements. Such statements reflect the current
expectations of the management of the Company with respect to future
events based on currently available information and are subject to
risks and uncertainties that could cause actual results, performance or
achievements to differ materially from those expressed or implied by
those forward-looking statements. These risks and uncertainties
include, but are not limited to, economic, competitive, governmental
and technological factors affecting the Company's operations, markets,
products, prices and other factors as are detailed from time to time,
including, without limitation, under the heading "Risk Factors", in
documents filed by the Company with the Canadian securities regulatory
authorities which are available at www.sedar.com and to which readers of this press release are referred for additional
information concerning the Company, its prospects and the risks and
uncertainties relating to the Company and its prospects. New risk
factors may arise from time to time and it is not possible for
management to predict all of those risk factors or the extent to which
any factor or combination of factors may cause actual results,
performance and achievements of the Company to be materially different
from those contained in forward-looking statements. Although the
forward-looking statements contained in this press release are based
upon what management believes to be reasonable assumptions, the Company
cannot assure investors that actual results will be consistent with
these forward-looking statements. Given these risks and uncertainties,
investors should not place undue reliance on forward-looking statements
as a prediction of actual results.
The forward-looking information contained in this press release is
current only as of the date of the press release. The Company does not
undertake or assume any obligation to release publicly any revisions to
these forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events, except as required by law.
SOURCE Frontline Technologies Inc.
For further information:
Chairman and Chief Executive Officer
Frontline Technologies Inc.