SOURCE: Pink OTC Markets Inc.

February 17, 2009 09:37 ET

Bravura Solutions Limited Joins International OTCQX

NEW YORK, NY--(Marketwire - February 17, 2009) - Pink OTC Markets Inc., the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Bravura Solutions (OTCQX: BRVSY) (ASX: BVA), a leading global supplier of wealth management applications and professional services, has chosen to list its American Depositary Receipts (ADRs) on International OTCQX. Bravura's ADRs began trading today on the OTC market's prestigious tier, International PrimeQX. Investors can find current disclosure and financial information for the company on and

"We are happy to welcome Bravura to OTCQX," said Cromwell Coulson, Chairman and CEO of Pink Sheets LLC. "International OTCQX gives Bravura a visible market tier to increase U.S. investor awareness of their ADR program in the U.S. and distinguishes them from the thousands of other companies traded over-the-counter."

Bravura's Group CEO and Managing Director, Mr Iain Dunstan said: "We are extremely pleased to have listed on International OTCQX. This marks a significant step forward and opens up a vast new avenue of access to the U.S. capital markets."

"In these volatile market conditions it is prudent that exposure to investors be increased, and a listing on International OTCQX provides an excellent opportunity for Bravura to increase visibility and liquidity."

"In the three years since inception, Bravura has expanded its global presence through cross border acquisition, expansion of its overseas client base and the establishment of new offices. It seems fitting that this listing be the next step forward in the growth of our global footprint."

U.S. investment bank Merriman Curhan Ford will serve as Bravura's Principal American Liaison ("PAL") on International OTCQX, responsible for providing guidance on listing requirements.

"As the leading investment bank sponsor of companies listing on the OTCQX market, Merriman stands ready to work with Australian companies, like Bravura, that wish to achieve superior performance for their U.S. listing," said Stephen Nash, managing director and head of Merriman Curhan Ford's OTCQX Advisory Group.

"Changes in regulations that were implemented six months ago have made it easier for non-U.S. companies to achieve a listing in the United States. Our clients are pleased with how the OTCQX platform continues to enhance their U.S. capital markets strategy with a premium trading venue, even in a tough market environment."

Bravura's ADRs will trade in the United States on International OTCQX under the ticker "BRVSY" where each ADR will represent twenty ordinary shares. Bravura's shares are also listed on the Australian Securities Exchange (ASX). The company's headquarters are in Sydney, Australia.

About Bravura Solutions Limited

Bravura Solutions Limited (Bravura) (OTCQX: BRVSY) (ASX: BVA) is a leading global supplier of professional consulting services and highly specialized administration and management applications for superannuation & pension, life insurance, investment, portfolio administration, transfer agency and STP financial messaging.

Bravura provides professional services and wealth management applications to more than 180 financial institutions including a range of corporate clients. More than 18 million accounts are administered on Bravura software, with more than US$1.1 trillion in funds managed globally.

Bravura currently employs more than 600 people staffing 15 offices across Australia, New Zealand, UK, Europe, Asia, South Africa and India.

Bravura Solutions is proud to have won the 2008 European International Custody and Fund Administration award for European Asset Servicing Technology Vendor of the Year, and to be listed as the only Australian company in the American Banker global FinTech 100 in both 2007 and 2008. Bravura Solutions is also recognized as one of the 50 financial technology companies included in the global Finextra50 Financial Technology Index.

Additional information is available at

About International OTCQX

International OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified non-U.S. exchange and provide ongoing disclosure in English to U.S. investors. More importantly, International OTCQX distinguishes the reputable international issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier International OTCQX, which commenced trading on March 5, 2007. For more about International OTCQX, visit

About Pink OTC Markets Inc.

Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. We create innovative technology and data solutions to efficiently connect market participants, improve price discovery, increase issuer disclosure, and better inform investors. Pink OTC Markets operates the third largest U.S. equity trading venue which includes both the elite OTCQX market tiers for strong OTC-traded companies that can satisfy financial and disclosure listing standards and Pink Sheets for all other OTC quoted securities.

Over 230 financial service firms, including the ten largest U.S. investment banks, actively make markets in OTCQX and Pink Sheets quoted securities and in 2007 these firms traded over $160 billion of OTCQX and Pink Sheets securities. Pink OTC Markets offers widespread access to all U.S. broker-dealers, enabling investors to seamlessly trade these securities through their institutional, online, or full service brokers.

Pink OTC Markets is headquartered in New York City.

To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at, and or contact us at

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