HOLON, Israel, Sept. 8, 2020 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading
global provider of software solutions for the insurance sector,
announced that effective as of the market open today, Tuesday, September 8th, its shares of common
stock have been approved for uplisting to the Nasdaq Global Select
Market® and will continue trading under its current
ticker symbol SPNS.
"Meeting the requirements for the Nasdaq Global Select
Market® demonstrates Sapiens' strong growth and
financial performance in recent years," said Roni Al-Dor, President & CEO of Sapiens.
"Sapiens has invested in developing leading products and expanding
our presence in strategic markets, resulting in gross margin
expansion and operational improvement that has grown our
profitability. Our emphasis on customer-centricity has been the
cornerstone of our growth and success. Working in tandem with
insurers, our partners, we have helped them embrace digital
transformation and offer the personalized and streamlined services
modern consumers expect. I want to thank our stakeholders, our
customers and our dedicated global employee base, as we work
diligently to execute our growth strategy, provide products that
offer tangible value and improve shareholder value."
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. The company offers digital software
platforms, solutions and services for the property & casualty,
life, pension & annuity, reinsurance, financial &
compliance, workers' compensation and financial markets. With
more than 35 years of experience delivering to over 500
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. For more
information: www.sapiens.com.
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Investor Relations Contact
Kimberly Rogers
Managing Partner
Hayden IR
+1 (949) 468-8124
kim@haydenir.com
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SOURCE Sapiens International Corporation