Lambda TD Software: Bank M-BIW AG Agrees to Become Designated Sponsor
(firmenpresse) - Lambda TD Software: Bank M-BIW AG Agrees to Become Designated Sponsor
LAS VEGAS (NV), JULY 1, 2010: LAMBDA TD Software (FRANKFURT, Symbol: XLS.F, ISIN: US51327T1051, WKN: A0YJT2) announced today that effective immediately Frankfurt-based BankM–biw AG will act as the company’s Designated Sponsor (Market Maker) to provide additional liquidity in LAMBDA TD Software shares trading on the Frankfurt Stock Exchange. LAMBDA TD Software shares are now also being traded on Deutsche Boerse’s XETRA, the world’s leading electronic trading platform. Listed on Deutsche Boerse’s First Quotation Board, LAMBDA TD Software (www.lambdatdsoftware.com) owns the first patented method of controlling home and business automation systems over the Internet, positioning itself at the forefront of Green Technology solutions.
BankM–biw AG Designated Sponsoring will lead to an increase in both trading volume and transparency what makes LAMBDA TD Software a very attractive investment for institutional and private investors. Robert M. Corcoran, LAMBDA TD Software’s Chief Executive Officer, is excited about the partnership with BankM–biw AG: “Getting a high-quality Designated Sponsor on board has been a key priority for our company, since our listing on the Frankfurt Stock Exchange. I am very excited to work with such a reputable bank as BankM. This cooperation will not only provide additional liquidity to our company, but will also further enhance the value of LAMBDA TD Software, and puts us in a comfortable position to reach the business expansion goals set for 2010.”
Over 260 participants in 19 countries and more than 4,700 authorized traders are connected to XETRA. By offering binding prices for the bid- and ask-side for LAMBDA TD Software‘s shares throughout stock market trading hours and reducing the required spreads, BankM–biw AG’s assures the highest degree of transparency, speed and flexibility for all financial market participants trading on XETRA which are generally interested in liquid shares.
About BankM-biw AG: BankM - established in 2007 - is one of the fastest growing banks in Germany, BankM – biw AG offers small- and micro-cap companies investment banking services. As the representative office of biw Bank für Investments und Wertpapiere AG in Frankfurt, BankM–biw AG is integrated into the banking and regulatory structure of biw AG. biw AG (Bank für Investments und Wertpapiere AG) is licensed under German banking legislation to perform all banking transactions and is a member of the deposit protection fund of the German Association of Banks. In 2008 biw AG completed over 3.6 million security orders, with a transaction volume of €32.5 billion, generating €39 million in revenues, while holding total assets of €235 million. Going Public Magazine elected BankM’s team as the “best performing IPO-lead bank in Gemany in 2006”, winning over Goldman Sachs, Morgan Stanley, UBS, Commerzbank and Deutsche Bank.
About LAMBDA TD Software Inc: LAMBDA TD Software Inc is a Las Vegas-based Smart Home Automation company that develops and installs LFE™ Five (pronounced "Life Five”), the first web-based smart home automation and universal remote control platform operated by LAMBDA’s patented LFE™ touch panel system. LAMBDA enables homeowners to take control of electronics in residences, vacation homes, and offices either remotely from a Blackberry/Smart Phone or locally from central TouchPads. Targeted at construction developers and property management companies, entire high-rise buildings can get connected and turned Green, an approach that is in many U.S. areas supported with government, carbon offset credits, and Green Tax credits. LAMBDA is publicly traded at the First Quotation Board at Deutsche Boerse in Frankfurt (Symbol: XLS.F, ISIN: US51327T1051, WKN: A0YJT20).
All product and company names herein may be trademarked by their respective owners.
LAMBDA TD Software Inc
1755 Village Center Circle
Ste. 110-150
Las Vegas, NV 89134-0562
Contact: Pascal Niedermann / Investor Relations
Phone: +1 (646) 873-7728
Email: pascal(at)lambdatdsofware.com
Leseranfragen:
LAMBDA TD Software Inc
1755 Village Center Circle
Ste. 110-150
Las Vegas, NV 89134-0562
Pascal Niedermann / Investor Relations
Tel.: +1 (646) 873-7728
E-Mail: pascal(at)lambdatdsoftware.com
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Datum: 01.07.2010 - 09:01 Uhr
Sprache: Deutsch
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