Technical Communications Corporation Announces Approval for NASDAQ Listing
13 July 2010 - 12:46AM
Technical Communications Corporation (OTCBB:TCCO) today announced
that The NASDAQ Stock Market has approved its application to list
its common stock on NASDAQ. The shares of Technical Communications
Corporation are expected to begin trading on Wednesday, July 14,
2010 on the NASDAQ Capital Market under the ticker symbol "TCCO."
"The listing on NASDAQ gives TCC much greater exposure to large
institutions and funds, as well as more visibility for the investor
market," said Mr. Carl H. Guild, Jr. TCC President and CEO. "TCC is
a world leader in secure communications, employing high performance
encryption solutions and is focusing on product and customer
growth. Listing on NASDAQ will give us more exposure to a broader
base of investors and provides a mechanism for improved shareholder
value in response to our performance."
About Technical Communications Corporation
TCC designs, manufactures, and supports superior grade secure
communications systems that protect highly sensitive information
transmitted over a wide range of data, voice and fax networks.
TCC's security solutions protect information privacy on every
continent in over 110 countries. Government agencies, militaries,
financial institutions, telecommunications carriers and
multinational corporations worldwide rely on TCC to protect their
communications networks.
Statements made in this press release, including any discussion
of our anticipated operating results, financial condition, dividend
payments and earnings, including statements about the Company's
ability to achieve and sustain growth and profitability and expand
product lines and market share, constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements, identified by
the use of such terms as "anticipates," "believes," "expects,"
"may," "plans" and "estimates," among others, involve known and
unknown risks. The Company's results may differ significantly from
the results expressed or implied by such forward-looking
statements. The Company's results may be affected by many factors,
including but not limited to future changes in export laws or
regulations, changes in technology, the effect of foreign political
unrest, the ability to hire, retain and motivate technical,
management and sales personnel, the risks associated with the
technical feasibility and market acceptance of new products,
changes in telecommunications protocols, the effects of changing
costs, exchange rates and interest rates, and the Company's ability
to secure adequate capital resources. These and other risks are
detailed from time to time in the Company's filings with the
Securities and Exchange Commission, including the Company's
Quarterly Report on Form 10-Q for the quarters ended March 27, 2010
and December 26, 2009 and its Annual Report on Form 10-K for the
fiscal year ended September 26, 2009.
CONTACT: Technical Communications Corporation
Michael P. Malone, Chief Financial Officer
(978) 287-5100
www.tccsecure.com
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