SOURCE: TigerLogic Corporation

TigerLogic Corporation

June 23, 2016 16:05 ET

TigerLogic Corporation Announces Voluntary Withdrawal From OTCQX Marketplace

PORTLAND, OR--(Marketwired - June 23, 2016) - TigerLogic Corporation (OTCQX: TIGR) today announced that it will withdraw from quotation on the OTCQX Marketplace effective July 1, 2016. Starting July 5, 2016, the Company's stock will be quoted on the OTCPink Marketplace.

Previously, the Company announced its intention to divest its remaining operations, file a certificate of dissolution, wind up its business and liquidate its assets to stockholders. On April 1, 2016, the Company filed a Form 15 suspending its obligations to file reports under Sections 13 and 15(d) of the Securities Exchange Act of 1934, as amended. The determination to suspend reporting obligations and withdraw from the OTCQX Marketplace are part of the Company's efforts to preserve capital for eventual distribution to stockholders.

About TigerLogic Corporation
TigerLogic Corporation (OTCQX: TIGR) is a global provider in engagement solutions. For more information about TigerLogic and its products visit http://www.tigerlogic.com.

Except for the historical statements contained herein, the foregoing release may contain forward-looking information, including statements about future quotation of TigerLogic's common stock, the winding up and ultimate dissolution of the Company, and the distribution of assets to stockholders. Any forward-looking statements are subject to risks and uncertainties, and actual results could differ materially due to several factors, including but not limited to the success of TigerLogic's strategic alternatives process, the ability to divest its remaining operations on reasonable terms, or at all, the costs to wind up the affairs of the Company, and other risks and uncertainties. All forward-looking statements are made as of the date hereof and TigerLogic disclaims any responsibility to update or revise any forward-looking statement provided in this news release.

TigerLogic and Omnis are trademarks of TigerLogic Corporation. All other trademarks and registered trademarks are properties of their respective owners.

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