(via Thenewswire.ca)
November 3, 2015 / TheNewswire / Vancouver, British Columbia. LITE ACCESS TECHNOLOGIES INC. ("Lite Access") (CSE: LTE, Pink Sheets: LTCCF) is pleased to announce that the common shares of Lite Access have been made eligible for book-entry delivery and depository services of The Depository Trust Company (the "DTC") to facilitate electronic settlement of transfers of its common shares in the United States.
"The ability to have Lite Access shares electronically transferred between brokerages in the United States is significantly more convenient and reduces the costs incurred in trading shares," said Michael Priest, President & CEO of Lite Access. "With our shares now traded electronically, existing investors benefit from greater liquidity and execution speeds, while we've also opened the door to new investors that may have been previously restricted from our stock."
About Lite Access
Lite Access is a world leader in microduct and fibre optic technologies. Lite Access' proprietary microduct technology extends a network provider's ability to deliver true broadband connectivity directly to end-users, such as homes, government and educational institutions, and emergency response facilities. Providing a full portfolio of fibre connectivity solutions for many types of Telecom infrastructure, Lite Access has successfully deployed thousands of kilometres of microduct networks throughout North and South America, the United Kingdom, the Caribbean, and Asia.
For further information please contact:
Lite Access Technologies Inc.
Phone: 1-604-247-4704
1115 - 1215 Graybar Rd.
Richmond, BC V6W 0A5
www.liteaccess.com
For investor relations please contact:
Rob Gamley
Phone: 1-604-689-7422
Email: rob@contactfinancial.com
Contact Financial Corp.
1450 - 701 West Georgia St.
Vancouver, BC V7Y 1G5
Forward Looking Information
Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Lite Access cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Lite Access' control. Such factors include, among other things: risks and uncertainties described in Lite Access' Listing Statement dated May 26, 2015 available on www.cnsx.ca. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Lite Access undertakes no obligation to publicly update or revise forward-looking information.
The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release.
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