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Maximizer Clarifies TSX Listing Review Notice is Related to Certain Market Value Requirements
Date : 3/16/2009 344
VANCOUVER, BRITISH COLUMBIA – Mar. 16, 2009 – Maximizer Software Inc. (TSX:MAX), clarified the notice issued by the Toronto Stock Exchange (“TSX”) on March 5, 2009 with respect to review of the continued listing of Maximizer on the TSX.
The notice of the listing review received by Maximizer from the TSX indicated that the review related to the following matters:
- Public distribution, price, or trading activity of the company’s securities has been so reduced as to not warrant continued listing (TSX Policy Manual S.711).
- Market value of listed securities of less than $3.0 million for 30 previous consecutive trading days (TSX Policy Manual S.712(a)).
- Market value of publicly held listed securities of less than $2.0 million for 30 previous consecutive trading days (TSX Policy Manual S.712(b)).
The matter is under review until September 24, 2009.
About Maximizer Software
Maximizer Software is a leading provider of simple, accessible, customer relationship management (CRM) solutions, providing the best value for small and medium-sized businesses. As a pioneer in the CRM industry for more than 20 years, Maximizer offers sales, marketing, and customer service staff and managers access to customer information through mobile devices, online, or the desktop. Maximizer’s solutions enable organizations to accelerate business growth by streamlining sales, marketing and customer service processes, while exceeding client expectations. Maximizer Software has sold over one million licenses to more than 120,000 customers, ranging in size from entrepreneurs to multi-national organizations, including: Siemens, Société Générale, HSBC, TD Securities, Lockheed Martin, Brian Tracy International, Fisher & Paykel Healthcare, Oxford University Press, and Cathay Pacific. Maximizer Software is a global business with offices and over 400 business partners throughout the Americas, Europe/Middle East/Africa and Asia Pacific. For more information, please visit: www.maximizer.com.
This release may contain certain forward-looking statements reflecting Maximizer Software Inc.’s current expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including without limitation, changes in market and competition, technological and competitive developments, and potential downturns in economic conditions generally. Additional information on these and other potential factors that could affect the Company’s financial results are detailed in documents filed from time to time with the provincial securities commissions in Canada. All trademarks or registered trademarks stated herein are properties of their respective owners.
Media Contact
Jennifer MacLeid Qotb
Young & Associates for Maximizer Software
513-281-2772
jennifermq@yapr.com