NEW YORK, Feb. 9, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today hosted its IPO Boot Camp, the third in a series for executives seeking a public listing. The event, held at NASDAQ MarketSite in Times Square and attended by over 50 companies from a variety of industry sectors, provided best practices information on accessing the capital markets.
A series of panels discussed the widening of the IPO window in 2010, IPO valuation and banker selection, how-to's for attracting and retaining a winning board, regulation, and lessons learned from recent IPOs.
Guest speakers included Craig Clay, Executive Vice President Americas Global Capital Markets, RR Donnelley; Victor H. Boyajian, Global Chair, Sonnenschein Venture Technology Group; R. Gregg Nabhan, Vice Chairman, Equity Capital Markets, Bank of America Merrill Lynch; Karin McKinnell, Vice President, NASDAQ OMX; Murray Huneke, Co-Head of Investment Banking, Piper Jaffray; Don Duffy, President, ICR; and Michael I. Otner, General Counsel, Medidata Solutions, Inc.
"It is a sign of a healthier IPO market that we saw so much interest in our 'boot camp' today, and we are seeing a good pipeline of IPO applications from viable companies in the healthcare, technology, social media and education sectors," said Bob McCooey, Senior Vice President of New Listings and Capital Markets at The NASDAQ OMX Group. "2010 is shaping up to be a better year than 2009, and we will benefit from a stronger first half -- in 2009, we didn't see any real momentum until April. While we are in what is being called a 'jobless recovery', we expect to see more VC-backed and PE-backed IPOs which will result in job generation."
In 2009, NASDAQ had 33 IPOs and it currently has approximately 100 IPO applications in the pipeline.
Sponsors of the IPO Boot Camp were American Stock Transfer & Trust Company, Sonnenschein Venture Technology, RR Donnelley, Deloitte, and Aon. ICR and NASDAQ OMX are holding a similar event for Chinese companies in Beijing next month.
NASDAQ OMX offers guidance and exclusive, innovative Corporate Solutions for its applicants and NASDAQ-listed companies. For more information, please visit http://www.nasdaq.net.
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 3,700 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.
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: The NASDAQ OMX Group, Inc. Media Contact: Bethany Sherman +1 212 401 8714 firstname.lastname@example.org
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