Corporate News dated March 12, 2013
Lambda TD Software, Inc.
Update regarding Dual Listing of Lambda on the Berlin Stock Exchange
LAS VEGAS (NV), March 12, 2013. On March 11, 2013, the trading of the shares of Lambda TD Software, Inc. secondary listed at Berlin Stock Exchange (ISIN: US51327T2042, WKN: A1JPCA) has been temporarily suspended by the Berlin Stock Exchange as the Berlin Stock Exchange is of the opinion that orderly trading of the company's shares on that market cannot currently be ensured. This action was preceded by a warning issued by the German Financial Supervisory Authority (BaFin) regarding recommendations to buy shares in Lambda TD Software, Inc. and was taken without consultation with either the company or its advisers.
The company's shares continue to be quoted on their home market (GXG Main Quote) in London.
Lambda TD Software, Inc. objects to any accusations of market manipulation by the company and further objects to any suggestion that the company has approved any "cold calling" or "telemarketing" of its shares.
The company is actively co-operating with the relevant regulatory authorities in order to clarify this matter and has appointed capital markets partner Dr. Jörn-Christian Schulze, ARQIS, to advise and represent it and expects this issue to be resolved shortly.
The company's management would like to stress that this has no impact on its business which continues to develop in accordance with forecasts.
For a German translation of this release see www.lambdatdsoftware.com (Press Releases).
