Stockholm, December 16, 2010– NASDAQ OMX (NASDAQ:NDAQ) announced today that Avega Group AB (ticker symbol: AVEG B), has started trading of its B shares on the main market of NASDAQ OMX Stockholm. Avega Group is a Small Cap company within the Information Technology sector which has been listed on First North in Stockholm since 2007. Avega Group is the seventh company to move from First North to the main market in 2010.
Avega Group is a consultancy company with specialized subsidiaries within IT and business development. Avega Group's mission is to match its customers' needs with its employees' expertise and focus, creating mutual success. Through its ability to attract and retain the most qualified consultants in each specialist area the company support its customers in the development of the Nordic region's most complex and exciting projects. By focusing on quality, profitability and growth, the company has, since its inception, grown organically and has always been profitable. Avega Group was founded in 2000 and today has approximately 280 employees based in Stockholm, Malmö and Gothenburg. For more information, visit www.avegagroup.se.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said, "It is always pleasing to see a company move from our growth market up to our main market, and Avega Group listing today demonstrates the strength of our European listing model. We look forward to supporting Avega Group to benefit from the increased investor visibility and awareness that comes with a main market listing."
"Our listing on NASDAQ OMX Stockholm will promote our continued development and expansion. This quality endorsement not only strengthens our brand among customers but also facilitates future recruitment. Our continued mission is to provide our customers with the right mix of skills to support them in implementing efficiency and profitability improvements in their IT and business development, says Jan Rosenholm, CEO of Avega Group.
- # -
NASDAQ OMX Media contacts:
+46 (8) 405 63 26
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 3,600listed 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.
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.