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Source: Nasdaq, Inc.

Nasdaq Welcomes Zoom Video Communications, Inc. (Nasdaq: ZM) to The Nasdaq Stock Market

NEW YORK, April 18, 2019 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (Nasdaq: ZM), a video-first unified communications platform that delivers happiness and fundamentally changes how people interact, rang the Nasdaq MarketSite bell in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.

Zoom connects people through frictionless video, voice, chat and content sharing and enables face-to-face video experiences for thousands of people in a single meeting across disparate devices and locations. Their cloud-native platform delivers reliable, high-quality video that is easy to use, manage and deploy, provides an attractive return on investment, is scalable and easily integrates with physical spaces and applications.

“We are proud to open public trading of Zoom shares on The Nasdaq Stock Market. Nasdaq has been a long-time friend of Zoom, and we are thrilled to partner with them in this new endeavor,” said Eric S. Yuan, founder and CEO of Zoom. “My most sincere thanks to all of our customers, employees, and partners for your support in getting us to this day. I look forward to continuing to work for you and deliver you happiness for many years to come.”

“Zoom’s success results from a culture that is focused on customer and employee happiness, a video-first cloud architecture, recognized market leadership, viral demand, an efficient go-to-market strategy and robust customer support,” said Nelson Griggs, President of the Nasdaq Stock Exchange. “They provide a full suite of products and features designed to give users a frictionless communications experience. We could not be more excited to welcome them to the Nasdaq family of the world’s most innovative companies.”

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. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq 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.

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to over 4,000 total listings with a market value of approximately $12 trillion. To learn more, visit business.nasdaq.com.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4a9411a1-2b2b-47c7-983e-ccc0c90a78e0

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