MONTREAL, June 19 /CNW Telbec/ - Aptilon Corporation (the "Corporation")
(TSX Venture Exchange: APZ) announces that the TSX Venture Exchange has
conditionally approved its graduation from a Tier 2 issuer to a Tier 1 Issuer.
Tier 1 is the Exchange's premier tier and is reserved for the Exchange's most
advanced Issuers with the most significant financial resources. This
graduation will result in the immediate release of 17 088 382 common shares
held mainly, directly or indirectly, by principals of Aptilon or its
subsidiary, and an acceleration of the release schedule of the 34 176 779
common shares remaining in escrow pursuant to the escrow agreements entered
into at the time of Aptilon's initial public offering in 2005 and of its
qualifying transaction in December 2006.
"We are pleased to announce this graduation of issuer status to Tier 1 of
the TSX Venture Exchange" stated Denis Martineau, President. "With the
outstanding efforts and dedication of our employees and business advisory
teams Aptilon continues to strengthen its business, and improve its overall
outlook", he continued.
Aptilon enables pharmaceutical, biotech, and medical device companies to
effectively reach and interact with physicians via the Internet through its
innovative live video detailing (with company reps), e-detailing, e-sampling,
peer selling, and other educational content programs. Leading healthcare
companies have adopted Aptilon's "Sales Force of the Future" model, driving
tens of thousands of high-quality rep-physician interactions averaging 8 to 10
minutes in length. Aptilon provides the necessary infrastructure for sales
representatives to build physician awareness, understanding, and preference
during all stages of a product life cycle, from pre-launch education through
to end-stage support. For more information, visit www.aptilon.com.
The TSX Venture Exchange does not assume any liability regarding the
relevancy or the accuracy of this news release.
For further information:
For further information: Denis Martineau, President, Aptilon, (514)
844-8866 xt 228, firstname.lastname@example.org; Media Relations: Alexandra Malka,
Aptilon, Marketing Communication Specialist, (514) 844-8866 xt 239,