Xianburg Announces Transfer of Listing to NEX
06 Março 2012 - 1:00PM
Marketwired Canada
Xianburg Data Systems Canada Corporation (TSX VENTURE:XDS.H) (the "Company")
announces that the TSX Venture Exchange has, effective March 5, 2012,
transferred the Company's listing to the NEX Board.
The Company's shares remain subject to Cease Trade Orders issued by the British
Columbia and Alberta Securities Commissions. The Company has been working
diligently with the securities regulators in its attempt to have the Cease Trade
Orders revoked. The Company plans to apply to restore its listing to the TSX
Venture Exchange once the Cease Trade Orders have been revoked.
The Company advises that its China-based operating entity, Xianburg
International Data Group Co., Ltd. ("XID"), continues to conduct its business in
the usual course and is financially sound.
The Company wishes to sincerely thank its shareholders for their support and
patience throughout this process.
About Xianburg Data Systems Canada Corporation
The Company, through its wholly-owned subsidiary, Xianburg Data Systems (Canada)
Inc., governs and administers the operating entity XID, a China-based operating
company, and will earn substantially all of its income from XID. XID is an IT
products and services firm with offices in Xi'an and Beijing and it is
recognized as a leader in China in providing mass data storage and disaster
recovery IT solutions. XID's core business is data entry with a specialty of
converting paper documents to electronic format (digitization) and it also
manufactures high-performance, high-capacity storage systems for the archiving
and publication of such documents.
On behalf of Xianburg Data Systems Canada Corporation
Jingping Dong, Chairman, President and CEO
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