NEW YORK, NY / ACCESSWIRE / May 26, 2015 / Advanced Lighting Solutions Inc. (OTCPK: AVLS), transitioning to formally be known as CP Incorporated, Inc. ("AVLS" or the "Company"), announced today that the Company's wholly owned subsidiary, the OTC Exchange Inc. ("OTCE"), is rapidly advancing OTC Exchange ATS, having now completed is WebCRD application and required ATS registration, with FINRA and the SEC, respectively. The Company expects to soon beta test its ATS for an anticipated 2015 launch of a formidable alternative to current micro-cap exchange systems.

"We are rapidly advancing OTC Exchange ATS with FINRA and the SEC, working diligently to ensure that our pending membership and registration documentation is in good order," said James Morgan, President of CP Incorporated, Inc. (currently known as Advanced Lighting Solutions, Inc.). "We seek to safeguard the anticipated future status of our product being entitled to use WebCRD (Central Registration Depository (CRD/Web CRD)), and, becoming an SEC approved ATS (Alternative Trading System)."

OTCE completed its application to become a CRD member of FINRA on May 18th, 2015. This gives the Company access to an automated database where historical records on registered securities representatives, principals and employees of member firms are maintained; making for efficient electronic form and data submissions. In addition, on May 18th, the OTCE forwarded the required ATS registration documentation to the SEC to become an Alternative Trading System, which allows the OTC Exchange ATS to become an alternative venue [trading exchange] for the public markets - particularly micro-caps.

As a broker-dealer and an ATS, OTCE will operate the OTC Exchange ATS as a true inter-dealer quotation and messaging system. This system is anticipated to provide an array of functionality, inclusive of fully attributable Over the Counter (OTC) trade execution, real time quotes, charting and messaging services, to a vast network of professional and non-professional subscribers. Management expects that users of today's known current trade system process, should find an easy transition to the OTCE's ATS, a seamless transition and "a refreshing option for the broker dealer community," stated Mr. Morgan.

Mr. Morgan concluded, "Our mission is simple. To operate a 'truly' non-biased, open, transparent and connected marketplace; linking broker-dealers and providing investors with the necessary tools to best protect their interest. In rapidly advancing OTC Exchange ATS, securing membership with FINRA and becoming a registered ATS with the SEC, will allow the OTC Exchange ATS to help us accomplish that mission - serving as an objective 'regulated entity' for greater accountability; without altering convenience or user experience."

Management anticipates initiating its beta test of the OTC Exchange ATS inside of June. OTCE has targeted late 2015 as a launch time for what many believe will become the market's most formidable alternative to today's current micro-cap exchange system.

DEFINITION of "SEC Form ATS"

A form that is filed with the SEC as an initial operation report or an amendment to initial operation report, or a cessation of operations report for alternative trading systems. SEC Form ATS must be filed 20 days prior to the initial operation or before a material change to an alternative trading system.

ABOUT ATS

An alternative trading system means any organization or system that provides a market place for bringing together purchases and sellers of securities. It also applies to any system which with respect to securities performs the functions commonly performed by a stock exchange and that does not set rules governing the conduct of its subscribers.

FORWARD-LOOKING STATEMENTS

Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.

CORPORATE RELATIONS CONTACTS

CP. Incorporated, OTC Exchange Corporate Relegation Contact
Samantha Jameson V.P. Corporate Relations
FM 3083/Teas Rd at Plantation Dr., Suite 100
Conroe, TX 77303
(214) 799-0542
Inquiries@otcexchange.info

SOURCE: Advanced Lighting Solutions Inc.