Today, CUI Global announced that they have chosen Liolios Group to head up its new investor relations and financial communications program. CUI revolves around acquiring and developing new technologies, then bringing them to market. Its GasPT2 natural gas metering platform shipped across Europe earlier in May of 2011.
Liolios Group is a California-based investor relations firm that specializes in small and micro-cap companies while focusing on delivering performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Liolios has clients in a wide array of industries, including clean technology, consumer & retail, healthcare & bio-pharma, digital media & software, and technology.
“We have now arrived at a pivotal stage in our development, making it important for a team of experienced professionals like Liolios Group to help us deliver our story to the investment community,” said William Clough, president and CEO of CUI Global.
“Our sales force is now expanded and our proven product lines have generated a 31% revenue increase in Q1 over last year,” said Clough. “We are preparing to release our Solus™ Topology and are gaining traction with GasPT2. We anticipate continued revenue growth from our existing product offering as well as from the introduction and commercialization of new and proprietary technologies. With this continued growth, we believe it is time to effectively communicate our opportunity to a broader range of the investment community.”