Aptilon Announces Update on Delay in Filing Year-End Financial Statements

    




 MONTREAL, June 1, 2012 /CNW/ - Aptilon Corporation ("Aptilon or the  "Company") , a leader in online access, engagement and  interaction with physicians and healthcare professionals on behalf of  pharmaceutical and life sciences companies, today announced that it  continues to work towards finalizing the Company's audited annual  financial statements for the year ended December 31, 2011, including  the related management discussion and analysis, and CEO and CFO  certifications (collectively, the "Annual Financial Filings"). On May  25, 2012, the notice of change of auditor was filed, as announced. The  new auditors were provided access to the files from the former auditors  to perform required transition work. Aptilon is working towards the  target date of June 15, 2012 to file its Annual Financial Filings. On  May 30, 2012, the Company announced that the Interim Filings for the  period ended March 31, 2012 would not be made by the required filing  deadline of May 30, 2012. The Company expects that the Interim Filings  will be made simultaneously with the annual filings or shortly  thereafter. 

 About Aptilon Corporation 

 Aptilon enables pharmaceutical, biotech and medical device companies to  effectively reach, message, connect and interact with US physicians and  healthcare professionals via multiple access channels. Its innovative  service offerings provide targeted impressions and interactions  through: video and mobile detailing, ReachNet(SM) Physician Access Channel, the DMD database and permission-based email  services. Top US pharmaceutical companies and respected healthcare  organizations have adopted Aptilon's solutions to market to, engage and  interact with leading healthcare practitioners. For more information,  visit www.aptilon.com. 

 ReachNet(SM) is a service mark of Aptilon Corporation, other trademarks are the  property of their respective owners. 

 Forward-looking statements 

 This news release may contain forward-looking statements. These  statements relate to future events or future performance and reflect  management's current expectations and assumptions. Such forward-looking  statements reflect management's current beliefs and are based on  information currently available to management of Aptilon. A number of  factors could cause actual events, performance or results to differ  materially from the events performance and results discussed in the  forward-looking statements. These forward-looking statements are made  as of the date hereof and Aptilon does not assume any obligation to  update or revise them to reflect new events or circumstances. 

 Neither TSX Venture Exchange nor its Regulation Services Provider (as  that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy or accuracy of this release.  

Aptilon Corporation


CONTACT:  Mr. Denis MartineauPresidentAptilon [e-mail] 


    

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