Stockholm, November 28, 2011 — NASDAQ OMX (NASDAQ: NDAQ) announces that trading in Confidence International AB (short name: CONF) shares will commence today, November 28, on First North at NASDAQ OMX Stockholm. Confidence belongs to the information technology sector and is the 13th company to be admitted to trading on First North in 2011. Confidence was previously listed on NGM Equity and is the 22nd company to move its listing from NGM Equity to NASDAQ OMX.
Founded in 1989 and headquartered in Stockholm, Sweden, Confidence is a system integrator that designs and delivers high quality security solutions. The solutions are mainly based on open architecture and standardized products, either sold as separate systems or integrated for a complete solution. For more information see www.confidence.se.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said, “We are pleased to welcome Confidence to First North, one of Europe’s most liquid growth markets, where they will makes a great addition to our information technology sector. Our First North market is thriving in terms of new listings, and we have already exceeded last year’s figure. The strong interest in First North, despite of challenging market conditions, truly demonstrates the strong investor visibility and reach that we can offer our listed companies.”
Confidence’s CEO, Camilla Sundström, commented, “We are excited about our move to First North which we expect will increase the investor awareness for Confidence and our shares, thus setting the foundation for continued growth and expansion.”
Confidence International has appointed Erik Penser Bankaktiebolag as Certified Adviser.
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