ADDISON, Texas, April 2, 2012 /PRNewswire/ -- ULURU Inc. (OTCQB:
ULUR), today announced that effective at the open of market on
Monday, April 2, 2012, the Company's
common stock will begin quotation and trading under the symbol
"ULUR" on the OTCQB Marketplace, operated by OTC Markets
Group. The transition to the OTCQB Marketplace comes after
the Company voluntarily delisted its common stock from the NYSE
Amex, which became effective at the close of market on March 30, 2012.
Kerry P. Gray, President and CEO
stated, "The Company has completed arrangements for the transition
of its common stock to be quoted and traded on the OTCQB
Marketplace. We believe that the transition to the OTCQB
Marketplace will save expenses and will allow for a continued
orderly trading market for the Company's common stock as we
continue to implement our business plan."
The transition of the ULURU's common stock to the OTCQB
Marketplace does not change the Company's obligation to file
periodic and other reports with the Securities and Exchange
Commission under applicable federal securities laws. In addition,
the transition of ULURU's common stock to the OTCQB Marketplace
will have no effect on the shares themselves or our stockholders
ability to trade ULURU's common stock on the OTCQB Marketplace.
OTC Markets Group Inc. operates the world's largest electronic
marketplace for broker-dealers to trade unlisted stocks, including
the OTCQB Marketplace. Investors will be able to view the Real Time
Level II stock quote, which provides detailed quote information by
market maker, for ULURU Inc. at www.otcmarkets.com under the ticker
symbol "ULUR".
About ULURU Inc.:
ULURU Inc. is a specialty pharmaceutical company
focused on the development of a portfolio of wound management and
oral care products to provide patients and consumers improved
clinical outcomes through controlled delivery utilizing its
innovative Nanoflex™ Aggregate technology and OraDisc™ transmucosal
delivery system. For further information about ULURU Inc.,
please visit our website at www.uluruinc.com. For further
information about Altrazeal®, please visit www.Altrazeal.com.
This press release contains certain statements that are
forward-looking within the meaning of Section 27a of the Securities
Act of 1933, as amended. These statements are subject to
numerous risks and uncertainties, including but not limited to the
date of effectiveness of ULURU's quotation and trading on the OTCQB
marketplace, expense savings and an orderly trading market as a
result of transitioning to the OTCQB marketplace, and to risk
factors detailed in the Company's Annual Report on Form 10-K for
the year ended December 31, 2010, and
other reports filed by us with the Securities and Exchange
Commission.
Contact: Company
Kerry P. Gray
President & CEO
Terry K. Wallberg
Vice President & CFO
(214) 905-5145
SOURCE ULURU Inc.