MRVC to Trade on NASDAQ Global Market Effective March 19, 2014
March 17 2014 - 7:05AM
Business Wire
MRV Communications (OTC: MRVC), a global leader in converged
packet and optical solutions that empower the optical edge and
network integration services for communications service providers,
has been approved to list the company’s common stock on NASDAQ
Global Markets. The company expects to commence trading on March
19th under its existing ticker symbol “MRVC.” Until the stock is
transferred to NASDAQ, MRVC’s stock will continue to trade on OTC
markets.
MRV Communications’ CEO David Stehlin stated, “We are very proud
of the significant progress we have made in strengthening corporate
governance, resolving legacy issues, improving operating
efficiencies and repositioning MRV for growth and profitability in
the global communications market. Our uplisting to NASDAQ is
reflective of this progress, and we are pleased to provide our
shareholders greater liquidity and visibility as we continue to
execute on our business transformation and strategic growth
plan.”
About MRV Communications
MRV Communications is a global leader in converged packet and
optical solutions that empower the optical edge and network
integration services for leading communications service
providers. For more than two decades, the most demanding
service providers, Fortune 1000 companies and governments worldwide
have trusted MRV to provide best-in-class solutions and services
for their mission-critical networks. We help our customers overcome
the challenge of orchestrating the ever-increasing need for
capacity while improving service delivery and lowering network
costs for critical applications such as cloud connectivity,
high-capacity business services, mobile backhaul and data center
connectivity.
For more information please visit www.mrv.com.
LHABecky Herrick and Kirsten Chapman, 415-433-3777ir@mrv.com
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