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InfoLogix, Inc. Receives NASD's Over-the-Counter Bulletin Board Ticker Symbol IFLG
Leading Mobile Technology Solutions Company is Traded on the OTC Bulletin Board
InfoLogix (OTC Bulletin Board: IFLG - News), a leading provider of mobile technology solutions for the healthcare and commercial markets, today announced the company's common stock is traded on the OTC Bulletin Board under the symbol IFLG. This announcement follows the completion of a $17 million equity financing and a concurrent merger with New Age Translation, Inc. on November 29, 2006.
"This is a milestone moment for our company and our dedicated team at InfoLogix," said David Gulian, President and CEO of InfoLogix. "The company has a great growth opportunity in the enterprise mobility market to execute its wireless and RFID solutions to healthcare and commercial mobile workforces. As a public company, we believe we will have greater resources to achieve our growth strategy."
As a market leader in enterprise mobility solutions for the healthcare and commercial marketplace, InfoLogix utilizes the industry's most advanced wireless information technology to enable customers to increase the efficiency and effectiveness of customer care. InfoLogix utilizes the latest in RFID, wireless infrastructure, embedded software, and computing technology to deliver solutions to over 1,100 hospitals and 2,000 clients. With over seventeen patents, InfoLogix provides software, services, and infrastructure to clients needing Point-of-Care and Point-of-Activity solutions that help reduce costs and/or increase revenue.
We make forward-looking statements in this press release which represent our expectations or beliefs about future events and financial performance. Forward-looking statements are identifiable by words such as "believe," "anticipate," "expect," "intend," "plan," "will," "may" and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, including those described in the filings of InfoLogix, Inc. with the Securities and Exchange Commission. In addition, actual results could differ materially from those suggested by the forward- looking statements, and therefore you should not place undue reliance on the forward-looking statements. We do not make any commitment to revise or update any forward-looking statements to reflect events or circumstances occurring or existing after the date of any forward-looking statement is made.