SCOTTSDALE, AZ--(Marketwired - Jul 31, 2013) - Beamz Interactive, Inc. (OTCQB: BZIC), an emerging growth technology company specializing in state-of-the-art interactive music products, announced today that the Depository Trust Corporation (DTC) has approved Beamz Interactive securities for DWAC/FAST transfer through the company's transfer agent, Island Stock Transfer.
With this new stock transfer capability, shareholders can now transfer their stock electronically after buying or selling on the open market without the extra expense and delay made necessary by the physical transfer of certificates.
"We are extremely excited about becoming DWAC/FAST eligible since it significantly facilitates trading for our investors," said Charlie Mollo, President and CEO of Beamz Interactive. "This action will provide our shareholders with new efficiencies in the market as we continue to make progress on our strategic initiatives for 2013."
Benefits of becoming DWAC/FAST approved include reducing the time from weeks to hours for stock deposits and withdrawals into brokerage accounts while eliminating the risk associated with the loss and replacement of stock certificates.
More information about Beamz Interactive and its products can be found on the company's web site at www.thebeamz.com.
About Beamz Interactive, Inc.
Based in Scottsdale, AZ, Beamz Interactive, Inc. (OTCQB: BZIC) has created state-of-the-art interactive laser controller technology that can be used to develop new market opportunities in a wide variety of music, education, healthcare, gaming and consumer applications. In its first application, the Company developed an innovative new music technology and product offering that brings music to literally everyone in a way that was previously not possible. Beamz allows people that have no musical background or training to play and enjoy music within minutes, yet it has the depth to enable accomplished DJs, artists and musicians to perform, compose and create highly sophisticated interactive music. Beamz Interactive's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices. For more information on Beamz, please visit: www.thebeamz.com.
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This press release may contain forward-looking statements that reflect the Company's current expectations and projections about future results, performance, prospects and opportunities. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required by law, the Company assumes no obligation to update publicly or to revise these forward-looking statements.