U-Vend, Inc. (OTC Pink: ITMVD) (PINKSHEETS: ITMVD) (the "Company"), a consumer products and technology company that develops, distributes and markets various next-generation self-serve electronic kiosks in a variety of locations including grocery stores, drug stores, mass merchants, malls, and other retail environments across North America, announced that FINRA has approved a change of the Company's stock symbol. Effective today, the Company's common stock will trade under the symbol "UVND" (OTC Pink: UVND) (PINKSHEETS: UVND). The previous trading symbol was "ITMV" (OTC Pink: ITMV) (PINKSHEETS: ITMV).
"We would like to thank FINRA for its assistance with our company's symbol change. This brings closure to our corporate transition and will enable us to go forward with our U-Vend branding enterprises as well as continue the steadfast emphasis on the execution of our business plan," stated Raymond Meyers, CEO of U-Vend, Inc. "We continue to focus on the expansion of our presence in the Chicago marketplace, in addition to having identified several additional significant opportunities in the next-generation, self-serve electronic kiosk marketplace. We look forward to providing updates on these initiatives and any other corporate developments to our shareholder base, as well as the overall global investment community," added Meyers.
In addition to the stock ticker change, the Company has also been assigned a new CUSIP number. Effective June 13, 2014, the Company's CUSIP number will be #903431104 for its common stock. A CUSIP number identifies most securities, including stocks of all registered U.S. and Canadian companies, and facilitates the clearing and settlement process of securities.
Shareholders who currently hold their shares in brokerage accounts or "street name" are not required to take any further action as a result of the Company's symbol change or new CUSIP number, unless otherwise instructed by your broker.
Shareholders in physical possession of their stock certificates are not required to take any action unless they would like new certificates issued to them in order to reflect the name and CUSIP changes. Obtaining a new certificate is optional and not mandatory. To request a new certificate, please contact U-Vend, Inc.'s transfer agent:
Corporate Stock Transfer
3200 Cherry Creek Dr. South, Suite 430
Denver, CO 80209
Tel: (303) 282-4800
Fax: (303) 282-5800
ABOUT U-VEND, INC.
U-Vend, Inc. is currently headquartered in Santa Monica, CA. with additional locations in Stoney Creek, Ontario, Canada, Chicago, IL. and Williamsville, NY. U-Vend develops, distributes and markets various "next-generation" self-serve electronic kiosks in a variety of locations ranging from grocery stores, drug stores, mass merchants, malls, and other retail locations in North America. The Company owns and operates kiosks and has partnered with numerous national consumer product companies to deliver new and unique customer retail experiences in an automated setting. For more information on U-Vend, visit www.u-vend.com.
Follow U-Vend on Twitter: https://twitter.com/u_vend
Like U-Vend on Facebook: https://www.facebook.com/pages/U-Vend-Inc/515566561886917
Forward Looking Statements
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to market acceptance for the Company's products and services, its ability to succeed in increasing revenues in the near term to attain profitable operations and generate sufficient cash flow from operations, the effect of new competitors in its markets, its integration of acquired businesses, and other risk factors identified from time to time in its filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and current reports on Form 8-K which are available at the SEC's website www.sec.gov. Other factors not currently anticipated may also materially and adversely affect U-Vend's results of operations, financial position, and cash flows. There can be no assurance that future results will meet expectations. While the Company believes that the forward-looking statements in this news release are reasonable, the reader should not place undue reliance on any forward-looking statement. In addition, these statements speak only as of the date made. The Company does not undertake, and expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
For more information:
Tel: (855) 55-UVEND
Tel: (855) 55-UVEND, ext. 3
SOURCE: U-Vend, Inc.