Thomas Group Announces Nasdaq Global Market Application
September 18 2006 - 11:44AM
Business Wire
Thomas Group, Inc. (NasdaqCM:TGIS) a leading operational consulting
firm, today announced that it submitted its application to be
listed on the Nasdaq Global Market. Thomas Group is currently
listed on the Capital Market. "The Nasdaq Global Market sets higher
requirements for stockholders' equity, net income and market
value," said David English, CFO of Thomas Group. "Qualifying for
the Nasdaq Global Market less than one year after our relisting on
the Nasdaq Capital Market is testament to the fast pace of our
profitable growth. We believe the move to the Global Market will
increase our visibility and credibility in the institutional
marketplace." About Nasdaq Global Market The Nasdaq Global Market
consists of over 1,450 companies that have applied for listing,
having met and continued to meet stringent financial and liquidity
requirements and agreed to meet specific corporate governance
standards. Formerly called The Nasdaq National Market, this market
was renamed in 2006 to reflect the global leadership and
international reach of this market and the companies whose
securities are listed here. For more information on the
requirements to be included on The Nasdaq Global Market, please see
Listing Standards & Fees at
http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf. Nasdaq's
review process typically takes 6 to 8 weeks, and while Thomas Group
currently satisfies all of Nasdaq's requirements for the Global
Market, no assurance can be given that its application will be
approved. Thomas Group, Inc. (NasdaqCM:TGIS) is an international,
publicly traded operational consulting firm. Thomas Group's unique
brand of process improvement and performance management services
enable businesses to enhance operations, improve productivity and
quality, reduce costs, generate cash and drive higher
profitability. Known as The Results Company(SM), Thomas Group
creates and implements customized improvement strategies for
sustained performance improvements in all facets of the business
enterprise. Thomas Group has offices in Dallas, Detroit, and Hong
Kong. For additional information on Thomas Group, Inc., please go
to www.thomasgroup.com. Safe Harbor Statement under the Private
Securities Litigation Reform Act: Statements in this release that
are not strictly historical are "forward-looking" statements, which
should be considered as subject to the many uncertainties that
exist in the Company's operations and business environment. These
uncertainties, which include economic and business conditions that
may impact clients and the Company's performance-oriented fees,
timing of contracts and revenue recognition, competitive and cost
factors, and the like, are set forth in the Company's filings from
time to time with the Securities and Exchange Commission, including
the Company's Form 10-K for the year ended December 31, 2005.
Except as required by law, the Company expressly disclaims any
intent or obligation to update any forward-looking statements.
Thomas Grp., Inc. (MM) (NASDAQ:TGIS)
Historical Stock Chart
From May 2024 to Jun 2024
Thomas Grp., Inc. (MM) (NASDAQ:TGIS)
Historical Stock Chart
From Jun 2023 to Jun 2024