SOURCE: Level Vision Electronics

July 29, 2009 09:14 ET

LEVEL Vision Electronics Now Current Information on www.pinksheets.com

MONTREAL--(Marketwire - July 29, 2009) - LEVEL Vision Electronics Ltd. (PINKSHEETS: LVLV) announces today that its status is now Current Information in the Transparent Section of the OTC Market Tiers' listings on Pinksheets.com.

According to the Pink Sheets OTC Markets, the company has provided all current information and now trades at a higher more liquid tier of the market.

"Being part of the Transparent Section of the Pinksheets' classification gives our company an edge above all other companies that do not wish or cannot comply with the rules of disclosing adequate information as we want investors & shareholders to feel secure and have confidence when investing in LEVEL," said Mr. Habib Coriaty, President and CEO of LEVEL Vision Electronics Ltd. "Our company management is proud to be part of the Current Information section and wishes to stay up-to-date in disclosing adequate information for all of its current and future shareholders," further added Mr. Jean-Francois Lefebvre, Vice President of LEVEL Vision Electronics Ltd.

About Current Information on Pink Sheets OTC Markets

Reporting companies that submit filings to regulators with powers of review and that make the filings publicly available or non-reporting companies that make current information publicly available on the Pink Sheets News Service pursuant to Pink OTC Markets Guidelines for Providing Adequate Current Information. The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk. This category includes shell or development stage companies with little or no operations as well as companies without audited financials and as such should be considered extremely speculative by investors. www.pinksheets.com

About LEVEL Vision Electronics

LEVEL Vision Electronics is an ODM/OEM (designer and manufacturer) of consumer electronics (mainly Wireless Handsets) primarily concentrating on the world's emerging markets. Through its Unique Business Model, LEVEL works hand-in-hand with the Telcos to customize the products to their specific targeted market requirements.

Our current 3D products can be found online at www.levelelectronics.com and our upcoming related wireless handset software products are currently under development.

Important Information About Forward-Looking Statements

All statements in this news release other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information

  • Contact:
    SPOKE-IR
    Spoke Investor Relations Services
    lvlv@spoke-ir.com
    1.647.351.7477 (SIRS)
    LEVEL Vision Electronics Ltd.
    1.877.301.5858 (LVLV)