Jul. 7, 2011 (Canada NewsWire Group) --
TORONTO, July 7, 2011 /CNW/ - Cencotech Inc. (TSXV: CTZ) today reports that in accordance with the TSX Venture Exchange Policy 2.5, the Company has not maintained the requirements of a Tier 1 company. Therefore, effective at the opening of the Exchange on July 7, 2011, the Company's Tier classification has changed from Tier 1 to Tier 2.
Cencotech Inc. products are designed to bring efficiency to the processing of currency and other value instruments in financial institutions, large retailers, public transportation operations and the gaming industry. Cencotech's proprietary software products for this market are "open-architectured" and have been developed to interface with clients' legacy systems.
The TSX Venture Exchange has neither approved nor disapproved of the information contained in this release. This Media Release may contain forward-looking statements, which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual events could differ from those projected herein and depend on a number of factors including the success of the Corporation's sales strategies.
Mr. K. Barry Sparks
President
(416) 369-6081
mailto:kbsparks@cencotech.com