SOURCE: Delivery Technology Solutions

Delivery Technology Solutions

November 18, 2010 07:00 ET

UDS Inc., a Division of Delivery Technology Solutions, (Pinksheets: DTSL) Receives Upgrade to "Current Info" Tier Status With OTC Markets

BOCA RATON, FL--(Marketwire - November 18, 2010) - Universal Delivery Solutions (UDS), the operating unit of Delivery Technology Solutions Inc. (PINKSHEETS: DTSL), the leader in delivery management technology, announced today that after furnishing all required documentation and filings, Issuer Services at Pink OTC Markets have removed the "limited information" status and have upgraded the company to its highest rating of "Current Information."

OTC MARKETS employs a rigorous information reporting system for non-reporting companies and rates them in accordance to transparency elements from its lowest rating of "Caveat Emptor Beware," to its highest rating of "Current Information" for Pinksheet companies.

(http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp)

Current Info tier is the highest status with requirements including Initial Disclosure and Information statements, current share structure, current financials and an SEC attorney letter verifying financial information submitted.

"We are very pleased with the acknowledgment and upgrade from Issuer Services at OTC Markets," said Ryan F. Coblin, CEO of UDS. "We believe this new status will greatly enhance overall market confidence in DTSL and bring a level of transparency to our company not seen in the past."

Additionally, the company will provide information in the coming days by virtue of a CEO update regarding guidance, share structure, and the current corporate model in detailing its future growth plans.

"The ability to upgrade to 'Current Info' status on the OTC MARKETS is the first step in what our company believes will ultimately result in our becoming fully reporting in the future," added Coblin. "This is a major milestone for the company in our goal to become more transparent as our company grows. We are dedicated to improving the shareholders ability to be able to make an informed decision when it comes to an investment in DTSL."

About: Universal Delivery Solutions, Inc.

Universal Delivery Solutions, Inc. Symbol: (DTSL), www.universaldelivery.com, is the leader in providing comprehensive custom-developed catering/delivery solutions to industries throughout North America. Universal Delivery Solutions, Inc. (UDS) is wholly-owned operating subsidiary of Delivery Technology Solutions Inc. The company offers blended solutions through a seamless system that integrates Customer Relationship Management (CRM) and Call Center IT services utilizing a proprietary technology backbone to offer convenience, consistent quality, flexibility, accountability and value for consumers and companies.

Safe Harbor:

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

Contact Information

  • Contact:
    Delivery Technology Solutions, Inc.
    Mr. Ryan Coblin
    CEO
    561-674-9500