CTI plans move to NASDAQ

Breast thermal imaging developer Computerized Thermal Imaging announced that it has been approved for listing on the NASDAQ National Market. The Layton, UT-based vendor, which currently trades on the Over the Counter Bulletin Board (OTCBB), anticipates that NASDAQ trading of its common stock will begin June 29 with its current symbol, COII.

In other CTI news, the firm continues to make progress toward Food and Drug Administration clearance of its Computerized Thermal Imaging System. The FDA has approved the second of five modules of the firm's pre-market approval application, according to CTI. The company hopes to deploy the system as an adjunct to mammography and clinical breast examination.

By AuntMinnie.com staff writers
June 27, 2000
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