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CRH Medical Corp. Joins OTCQX

Tuesday, August 17, 2010 Corporate News J E 4
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NEW YORK, Aug. 17 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that CRH Medical Corp. (OTCQX: CRMMF, TSX.V: CRM), a Canadian-based medical technology company, is now trading on the OTC market's highest tier, OTCQX®.

(Logo:  http://photos.prnewswire.com/prnh/20090708/NY43125LOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO)

CRH Medical began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.

"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome CRH Medical to OTCQX."

Berenbaum Weinshienk PC will serve as CRH Medical's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About CRH Medical Corp.

CRH Medical Corp. (OTCQX: CRMMF, TSX.V: CRM) specializes in the treatment of hemorrhoids utilizing its proven treatment protocol and patented proprietary technology.  CRH's single use, disposable, hemorrhoid technology is safe and highly effective in treating hemorrhoid grades I – IV.  CRH employs two commercialization strategies: first, CRH distributes its hemorrhoid banding technology, treatment protocols, operational and marketing expertise as a complete, turnkey package directly to its partner physicians ("Partnership Program"). In addition, CRH operates Centers for Colorectal Health facilities in the United States specializing in the treatment of hemorrhoids, fissures, and colon cancer screening.  The Company currently operates eight Centers geographically dispersed through the U.S. The Company's goal is to establish the CRH O'Regan System as the standard for hemorrhoid treatment.

About OTCQX

The OTCQX Marketplace is the premier tier of the U.S. OTC market.  Investor-focused companies use the quality controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange.  For more information and to view a full list of OTCQX companies, visit www.otcqx.com.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants.  To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at info@pinkotc.com.

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SOURCE Pink OTC Markets Inc.

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