Last updated on April 17, 2014 at 17:30 EDT

Andain Inc. the Innovative Technology Incubator, Receives DTC Eligibility

November 27, 2012

BEVERLY HILLS, California, November 27, 2012 /PRNewswire/ –

Andain Inc [http://www.andaininc.com ]. (OTCQB: ANDN
[http://finance.yahoo.com/q?s=ANDN ]) (“Andain” or the “Company”), a company engaged in
commercializing novel technologies in biotech, medical and life sciences fields, today
announced today that the Company has been granted eligibility status by the Depository
Trust Corporation (“DTC”) for its shares of common stock that are traded on the Over the
Counter Bulletin Board, effective September 8, 2102.

The DTC is a subsidiary of the Depository Trust & Clearing Corporation, and manages
the electronic clearing and settlement of publicly traded companies. Securities that are
eligible to be electronically cleared and settled through the DTC are considered “DTC
eligible.” DTC provides for the centralized custody of securities so that they exist only
as electronic files rather than as physical certificates. This process provides banks,
brokerage firms and other institutions with an efficient means of moving securities and
settling trades electronically. This electronic method of clearing securities speeds up
the receipt of stock and cash, and thus accelerates the settlement process for investors.

“We are pleased to receive DTC eligibility. Andain Inc.’s combination of leading
technologies, products, strong incubator program, defined paths to commercialization, and
attractive valuation, present a strong growth opportunity to investors. We look forward to
further communicating this with the investment community and increasing the visibility of
our company and the liquidity of our stock,” said Andain Inc’s CEO Sam Elimelech.


Established in 2004 as a Nevada corporation with locations in Israel and the US,
Andain (OTCQB: ANDN) commercializes novel technologies in the biotech, medical and life
sciences fields, specializing in identifying technical innovations and providing a unique
incubator/accelerator development and industrial platform. The company also offers
technical know-how and business strategy expertise to commercialize new technologies and
deliver shareholder value. For more information, please visit our website at



Certain statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and are subject to the safe harbor created by those
rules. All statements, other than statements of fact, included in this release, including,
without limitation, statements regarding potential future plans and objectives of the
company, are forward-looking statements that involve risks and uncertainties. There can be
no assurance that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements. Technical
complications that may arise could prevent the prompt implementation of any strategically
significant plan(s) outlined above. The company cautions that these forward-looking
statements are further qualified by other factors including, but not limited to, those set
forth in the company’s Form 10-K filing and other filings with the U S. Securities and
Exchange Commission (available at http://www.sec.gov). The company undertakes no
obligation to publicly update or revise any statements in this release, whether as a
result of new information, future events, or otherwise.

        Sam Elimelech, President & CEO
        Andain Inc

        Howard Gostfrand, President
        American Capital Ventures

SOURCE Andain Inc

Source: PR Newswire