Net Entertainment switches to NASDAQ OMX Nordic from NGM
Stockholm, January 13, 2009 - NASDAQ OMX Nordic, part of the NASDAQ OMX Group,
Inc. (NASDAQ:NDAQ) announces today that trading in Net Entertainment NE AB
shares commence on NASDAQ OMX Stockholm. Before moving its listing to NASDAQ
OMX Nordic, Net Entertainment was listed on NGM. This marks the 18th switch
from NGM to NASDAQ OMX Nordic.
Net Entertainment is a world leading company within the development and
licensing of digitally distributed systems for Internet gaming. Its core gaming
product platform, CasinoModule, is used by more than 60 operators around the
world. The company's clientele includes leading gaming companies. Net
Entertainment AB was founded in 1996, is based out of Stockholm and currently
has more than 100 employees. Net Entertainment's objective is to continue its
strong growth with high margins.
“Net Entertainment is a prime example of a company that will truly benefit from
the increased visibility that comes with a listing at NASDAQ OMX”, said Jenny
Rosberg, Senior Vice President NASDAQ OMX. “As a company with a globally
recognized brand and strong customer-base, Net Entertainment will now have
increased exposure to international investors, supporting continued growth of
its business. Net Entertainment joins the NASDAQ OMX Information Technology
sector, which today is the largest in the world”.
“We are confident that our decision to move to NASDAQ OMX will result in a
higher level of investor awareness, and thus also more liquid trading of our
shares”, said Johan Öhman, President and CEO at Net Entertainment. “In addition
to NASDAQ OMX's listing services, we are taking advantage of their news
distribution and IR services, enabling efficient media outreach and IR data
management”.
Net Entertainment NE AB, whose short name is NET B, is a small-cap company in
the Information Technology sector.
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About the NASDAQ OMX Group
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 over 3,900 listed companies. NASDAQ OMX Group offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North and the
U.S. 144A sector. The company offers trading across multiple asset classes
including equities, derivatives, debt, commodities, structured products and
ETFs. NASDAQ OMX Group 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 Group exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit http://www.nasdaqomx.com.
About NASDAQ OMX Nordic
NASDAQ OMX Nordic serves as a central gateway to the Nordic financial markets,
offering listing and trading services for among others: issuers, bank and
brokers and market data vendors. NASDAQ OMX Nordic comprises over 730 companies
including its alternative market First North and offers trading in equities,
derivatives, fixed income and more. NASDAQ OMX Nordic is not a legal entity but
describes the common offering from NASDAQ OMX exchanges in Helsinki,
Copenhagen, Stockholm and Iceland. For more information, please visit
www.nasdaqomxnordic.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements.
CONTACT:
NASDAQ OMX Group, Inc.
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
