NEW YORK, May 4, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that the trading of Convio (Nasdaq:CNVO) commenced April 28 on The NASDAQ Stock Market. Convio trades under the ticker symbol (CNVO). Convio raised $46 million and is now over $169 million in market cap.
"We are thrilled to have Convio join The NASDAQ Stock Market, the exchange of choice for innovative technology companies," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "Founded in 1999, Convio provides on-demand software solutions to 1,300 nonprofit organizations for fundraising and donor management, in essence helping to make the world a more charitable and generous place. Their clients have included The American Red Cross, ASPCA, World Wildlife Fund, Susan G. Komen for the Cure, and the United Nations Foundation, and NASDAQ is extremely proud to be working with them."
In the first quarter of 2010 alone, NASDAQ captured 41 new listings, including 15 IPOs. The NASDAQ Stock Market welcomed two more IPOs last week, including Convio's.
There are currently 683 technology companies listed on The NASDAQ Stock Market, which represents 80% of publicly traded technology companies in the U.S. markets.
Convio is a leading provider of on-demand constituent engagement solutions that enable nonprofit organizations, or NPO's, to more effectively raise funds, advocate for change and cultivate relationships with donors, activists, volunteers, alumni and other constituents. For more information, please visit www.convio.com
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 3,600 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/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
Cautionary Note Regarding Forward-Looking Statements
The matters described herein may 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: Marisha Chinsky (646) 441-5258 Marisha.Chinsky@nasdaqomx.com
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