NEW YORK and LONDON, Oct. 24, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it has agreed to acquire Glide Technologies Limited, a leading London-based software-as-a-service (SaaS) provider specializing in corporate communications and reputation management solutions. Glide Technologies will be integrated into NASDAQ OMX's Corporate Solutions to create the first and only fully-integrated workflow solution for investor relations and public relations professionals.
NASDAQ OMX Corporate Solutions helps public and private companies minimize risk, maximize efficiency and increase transparency with a suite of products that improves market intelligence, communications effectiveness with key constituencies, corporate governance and overall visibility.
NASDAQ OMX Corporate Solutions will integrate Glide Technologies' media monitoring, measurement, content management and newsroom offering with NASDAQ OMX Corporate Solutions' communications suite of services. This will provide public relations and investor relations professionals with a unified platform that allows them to easily plan and implement media and investor campaigns, build media lists, distribute press releases and closely monitor the effectiveness of their campaigns.
Demetrios Skalkotos, Senior Vice President, NASDAQ OMX Corporate Solutions said: "As the corporate landscape continues to change, we see the PR, IR and governance roles increasingly converging. This has lead to the need for an integrated suite of communications solutions rather than a variety of siloed product offerings. Our mission as an exchange has always been to help our customers be more efficient, strategic and transparent companies, and this acquisition will help us continue to deliver on that promise."
Sam Phillips, Chief Executive Officer, Glide Technologies said: "We are excited to combine our market-leading set of PR products with NASDAQ OMX Corporate Solutions' robust IR offerings. This provides IR and PR professionals with a unique and comprehensive proposition of integrated services on a united platform. It is a hugely exciting and logical step for our company to be taking."
Founded in 2003, Glide Technologies provides multinational companies including Sony, Honda, NBC Universal and PwC with online tools used to monitor content and engage with media, investors, consumers and other public relations professionals. Glide's primary offerings include:
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Glide Newsroom – used by investor relations and public relations professionals to create, manage and publish media content.
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Glide Manager – a standardized software-as-a-service public relations management platform.
- GlideIntelligence – an automated, real-time service that monitors and evaluates the impact of communications across all forms of media.
- GlideIntelligence News automatically evaluates news and immediately alerts clients to breaking stories, trends and developments.
- GlideIntelligence Social Media is a real-time, high-volume social media sentiment analysis and monitoring platform.
For more information on Corporate Solutions, please visit http://www.nasdaqomx.com/whatwedo/corporatesolutions/.
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 in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
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 forward-looking statements are based on information available at the time they are made and/or management's belief as of that time with respect to future events and involve risks, uncertainties and other factors that may be beyond NASDAQ OMX's control and that may cause actual results and outcomes to be materially different. These factors include, but are not limited to, our success in integrating the business of Glide Technologies, as well as various factors detailed in NASDAQ OMX's annual report on Form 10-K and periodic reports filed with the U.S. Securities and Exchange Commission. While NASDAQ OMX may elect to update forward-looking statements in the future, it specifically disclaims any obligation to do so, and therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.
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