Stockholm, June 13, 2012 – NASDAQ OMX (NASDAQ:NDAQ) announced that Seamless Distribution AB (ticker symbol: SEAM), today starts trading of its shares on the main market of NASDAQ OMX Stockholm. Seamless is a Small Cap company within the Technology sector and has been listed on First North since 2006. Seamless is the second main market listing at NASDAQ OMX Nordic markets in 2012.
Seamless is a software innovation company specialized in solutions for Mobile Monetary transactions. Seamless has deployed its transaction switch for more than 40 mobile operators in 26 countries and its transaction platform ERS 360° processes over 2.4 billion transactions each year. The company is headquartered in Stockholm, Sweden, with offices in Latvia, India, Ghana and Pakistan. For more information visit www.seamless.se.
Peter Fredell, CEO at Seamless Distribution, said: “This is an exciting day in the history of Seamless and we look forward to leveraging the increased investor awareness that comes with being a main market company at NASDAQ OMX. We are confident that our move to the main market will support the company’s future development and further strengthen Seamless brand recognition across the world.”
Jenny Rosberg, Senior Vice President at NASDAQ OMX, commented, “It is always rewarding to see a company take the leap to our main market where Seamless will make a valuable addition to our technology sector. Their listing today truly demonstrates the strength of our European listing model where companies are able to gain the necessary experience and capital strength on First North before entering our main market.”
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