Nasdaq Stockholm Welcomes H&D Wireless to First North

Stockholm, December 22, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading Hitech & Development Wireless Sweden Holding AB’s shares (short name: HDW B) will commence today on Nasdaq First North in Stockholm. Hitech & Development Wireless Sweden Holding AB (“H&D Wireless”) belongs to the technology sector and is the 116th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.

H&D Wireless is a Swedish provider of services in the Internet of things (IoT) cloud and platform systems. The company's Griffin Enterprise Positioning Services (GEPS) is an end-to-end system solution and consists of wireless modules, cloud services and smart phone applications for Smart Factory and Industry 4.0 companies. H&D Wireless was founded in 2009 and is headquartered in Kista, Sweden. For more information, please visit

“Our vision is to establish H&D Wireless as a market leader in the Nordic region for positioning physical things in the company's business processes,” said Pär Bergsten, CEO of H&D Wireless. “To our support, we now have a world-leading positioning technology, a commercialized product (GEPS), a proven business model with first customers already in commercial operations, and an enhanced organization.”

“We welcome H&D Wireless to our European growth market, Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “H&D Wireless will make an exciting addition to our technology sector and we look forward to stand by them on their continued journey as a Nasdaq listed company.”

Hitech & Development Wireless Sweden Holding AB has appointed FNCA Sweden AB as the Certified Adviser.

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.


About Nasdaq First North

Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.

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