Otc Markets Group Inc (OTC:OTCM)

Fourth Quarter 2011 Results

• Fourth quarter 2011 gross revenues of $8.8 million increased by $1.3 million, or 17% compared to revenues from services of $7.5 million in the fourth quarter of 2010
• Fourth quarter net income of $1.3 million increased $0.2 million, as compared to $1.1 million during the similar period in 2010.
• Fourth quarter earnings per share increased $0.02 to $0.13 compared to $0.11 in prior year quarter.

"We are pleased to report consistent revenue growth, driven by continued investment in our core information technology platforms and our employee infrastructure," said R. Cromwell Coulson, President and Chief Executive Officer. "Continued development of our open, transparent and connected marketplace platform allowed us to add to the strength of our broker-dealer dealer network, increase the scope of our market data distribution, and improve the availability of information for investors."

Gross revenues for the fourth quarter of 2011 totaled $8.8 million, an increase of $1.3 million, or 17%, as compared to $7.5 million in the fourth quarter of 2010. Net income for the fourth quarter of 2011 was $1.3 million, an increase of $0.2 million, or 18%, from $1.1 million in the fourth quarter of 2010.

"The number of companies on our OTCQX marketplace nearly doubled during 2011, and we have seen continuing growth during the first quarter of 2012," continued Coulson. "The rapid growth of OTCQX and the expansion of our market data distribution network are positive signs for OTC Markets Group as we near the end of the first quarter of 2012. Our positive momentum and strong underlying cash position were reflected in the Board's recently announced decision to increase our quarterly dividend to $0.05 per share," continued Coulson.

"This year we laid the foundation to execute on our short-term and long-term strategies," said Coulson. "Our Issuer Services and Market Data Licensing businesses posted strong quarterly and full year revenue growth, which supported our ability to provide efficient, cost-effective services to our broker-dealer subscribers."