SOURCE: CommerceTel

CommerceTel Corporation

January 13, 2011 05:00 ET

CommerceTel Clears Blue Sky Laws

SAN DIEGO, CA--(Marketwire - January 13, 2011) - CommerceTel Corp. (OTCBB: MFON), an award-winning provider of proprietary mobile marketing technologies and solutions, announced today that its common stock has been cleared for secondary trading in all but three states under applicable "blue sky laws." Clearance in the remaining states is in progress. Blue sky clearance enables the brokerage and investment communities to make markets in and purchase or sell shares of the Company.

As part of the clearance, S&P has initiated financial coverage in the S&P Market Access Program as well as S&P Marketscope and the electronic version of S&P Stock Guide database. S&P also will update coverage of CommerceTel on S&P's internet website, www.advisorinsight.com, in the Market Access subsection.

For more information, please visit http://www.commercetel.com.

About CommerceTel

CommerceTel is an award-winning provider of proprietary mobile marketing technologies and the inventor of C4, a unique, enterprise-grade platform empowering brands to engage mobile consumers via multiple channels. The only system of its kind, C4 is a cloud-based solution providing broad mobile communications and extensive CRM features. It is integrated with multiple tier-one PSTN/ IP carriers and micropayment processing facilities as well as with carrier premium SMS billing systems.

Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements including words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets as well as the Risk Factors disclosed in the Company's Current Report on Form 8-K and Annual Report on Form 10-K filed with the Securities and Exchange Commission on November 8, 2010 and December 27, 2010, respectively. Further information on CommerceTel's risk factors is contained in its filings with the Securities and Exchange Commission. CommerceTel does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact Information

  • Investor Contacts:
    John Liviakis
    Liviakis Financial Communications
    Phone: 415.389.4670
    Email Contact

    Company Contact:
    Dennis Becker
    CEO CommerceTel Corp.
    Phone: 619.725.0990
    Email Contact