NASDAQ Welcomes Ubiquiti Networks (UBNT) to the NASDAQ Global Market
October 18 2011 - 10:00AM
The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) announced today that the
trading of Ubiquity Networks (Nasdaq:UBNT), a next-generation
communications technology company, commenced on The NASDAQ Stock
Market on October 14, 2011.
"NASDAQ is thrilled to have Ubiquiti Networks list on The NASDAQ
Stock Market, and is proud to have them join our global family of
similarly innovative companies," said Bob McCooey, Senior Vice
President, NASDAQ OMX Corporate Client Group, "We look forward to a
long partnership with Ubiquiti and wish them continued success as a
public company."
Ubiquiti Networks is a next-generation communications technology
company that designs and manufactures proprietary technologies.
Since its foundation in 2005, Ubiquiti's next-generation
communications products and solutions have bridged the digital
divide between emerging and developed markets by fundamentally
changing the economics of deploying high performance networking
solutions in underserved and underpenetrated markets globally.
Their technology platforms AirMax, UniFi, and AirVision, focus on
delivering industry-leading performance, compelling
price-performing characteristics and an unparalleled user
experience. Ubiquiti has reduced high product and network
deployment costs and other business model inefficiencies to enable
rapid market adoption of their products and solutions in emerging
markets.
Since its inception, NASDAQ OMX has consistently been the
exchange of choice for progressive and cutting-edge information
technology companies like Ubiquiti. Ubiquiti joins some of the
world's largest and most reputable technology companies on The
NASDAQ Stock Market, including Apple, Microsoft, Oracle, Google,
Intel, Cisco, Ericsson, eBay, Baidu, Yahoo, Adobe and Dell.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange
company. It delivers trading, exchange technology and public
company services across six continents, with more than 3,500 listed
companies. NASDAQ OMX offers multiple capital raising solutions to
companies around the globe, including its U.S. listings market,
NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and
the U.S. 144A sector. The company offers trading across multiple
asset classes including equities, derivatives, debt, commodities,
structured products and exchange-traded funds. NASDAQ OMX
technology supports the operations of over 70 exchanges, clearing
organizations and central securities depositories in more than 50
countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges
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The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security or an overall investment strategy. Neither The NASDAQ OMX
Group, Inc. nor any of its affiliates makes any recommendation to
buy or sell any security or any representation about the financial
condition of any company. Statements regarding NASDAQ-listed
companies are not guarantees of future performance. Actual results
may differ materially from those expressed or implied. Past
performance is not indicative of future results. Investors should
undertake their own due diligence and carefully evaluate companies
before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY
ADVISED.
NDAQG
CONTACT: Jennifer Knapp
+1 212 401 8916
Jennifer.Knapp@nasdaqomx.com
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