NEW YORK, July 20, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that the trading of Qlik Technologies Inc. ("QlikTech") (Nasdaq:QLIK) commenced on July 16 on The NASDAQ Stock Market. Qlik Technologies, which provides business intelligence software that enables clients to search and query business data in a multitude of ways, is headquartered in Radnor, Pennsylvania and trades under the ticker symbol (QLIK). Qlik Technologies was founded in Sweden and continues to generate the majority of its sales from clients outside the US.
"Qlik Technologies is a globally renowned innovator of business intelligence software," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "As our 15th IPO this year in the information technology sector, we could not be more pleased to continue to hold our position as the market of choice for innovative technology companies."
NASDAQ IPOs have raised more than $4.32 billion in proceeds year-to-date, and NASDAQ has captured 42 new listings across a variety of sectors. Other distinguished companies who have recently listed on NASDAQ include: SMART Technologies (Nasdaq:SMT) which raised $660 million in proceeds in its first day of trading, CBOE Holdings, Inc. (Nasdaq:CBOE), and Tesla Motors, Inc. (Nasdaq:TSLA), the first IPO by an American automaker in 54 years.
About Qlik Technologies:
QlikTech's powerful, accessible business intelligence solution enables organizations to make better and faster decisions. Its QlikView product delivers enterprise-class analytics and search with the simplicity and ease of use of office productivity software. The in-memory associative search technology it pioneered makes calculations in real-time, enabling business professionals to gain insight through intuitive data exploration. Unlike traditional business intelligence products, QlikView can deliver value in days or weeks rather than months, years, or not at all. It can be deployed on premise, in the cloud, or on a laptop or mobile device -- from a single user to large global enterprises. QlikTech is headquartered in Radnor, Pennsylvania, with offices around the world and a network of over 1,100 partners to serve more than 13,000 customers in over 100 countries worldwide.
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 more than 3,600 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/nasdaqomx) 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 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.
Neither The NASDAQ OMX Group, Inc., nor any of its affiliates (collectively "NASDAQ OMX") makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Investors should undertake their own due diligence and carefully evaluate companies before investing.
CONTACT: The NASDAQ OMX Group, Inc. Media Contact: Jolene Libretto +646-441-5220 Jolene.email@example.com
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