KANA Software Shares Begin Trading on the OTC Bulletin Board Under KANA.OB
MENLO PARK, Calif. – December 5, 2006 – KANA Software Inc. (OTCBB: KANA.OB, formerly Pinksheets: KANA.PK), a world leader in multi-channel customer service, today announced that its shares of common stock have begun trading on the OTC Bulletin Board (OTCBB) under the ticker symbol KANA.OB.
“The upgrade to the OTC Bulletin Board reflects the resumption of current reporting requirements, as well as related operational efficiencies resulting from our efforts to streamline the organization over the past year,” said Michael Fields, KANA’s CEO and Chairman of the Board. “We anticipate that the listing on the OTC Bulletin Board will increase our corporate visibility and trading liquidity, making it easier for prospective investors to purchase our common stock. Building upon this achievement, KANA is working diligently to regain NASDAQ listing status as soon as possible.”
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