SOUTH MIAMI, Fla., Sept. 23, 2011 /PRNewswire/ --Internal Fixation Systems, Inc. (OTC QB: IFIX), manufacturer and marketer of high quality, responsibly priced orthopedic and podiatric implants announced today that the company has been granted eligibility status by the Depository Trust Corporation (DTC). DTC eligibility allows ownership of the company's shares to be transferred electronically by the DTC.
The Depository Trust Company is a member of the U.S. Federal Reserve System and a registered clearing agency with the Securities and Exchange Commission (SEC). The DTC provides a safe and efficient way for buyers and sellers of securities to execute and settle transactions.
"We are thrilled to have received DTC eligibility," says CEO Stephen Dresnick. "This is the last step to allow shares to begin trading in order to establish a market for the stock."
About IFS: Internal Fixation Systems, Inc is a manufacturer and marketer of high quality, responsibly priced orthopedic and podiatric implants. We seek to prove that superior products and lower costs can go hand in hand. IFS focuses on widely used, market proven products used to treat common fractures. Our Advisory Panel, consisting of nationally recognized surgeons, provides input on how to improve our implant designs. The resulting products incorporate doctor requested enhancements and are priced at 40-60% less than the competition. IFS customers include ambulatory surgery centers, hospitals and orthopedic surgeons. Please contact us for more information about our product and business model.
This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Internal Fixation, such as the statements that Internal Fixation anticipates the creation of a market for the company's stock. There are numerous risks and uncertainties that could cause actual results and Internal Fixation's plans and objectives to differ materially from those expressed in the forward-looking information, including whether Internal Fixation will have sufficient capital to continue its operations. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and views of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, IFS does not intend to update these forward-looking statements.
For further information, please contact:
Laura Cattabriga, Chief Financial Officer
Tel: 786 268 0995
SOURCE Internal Fixation Systems, Inc.