Stockholm, October 15, 2014 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Global Warning System Production AB (shortname: GWS) shares commenced today on First North at Nasdaq Stockholm. Global Warning System belongs to the Technology sector and is the 33rd company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Global Warning System provides a mobile-based personal security service for companies and individuals who wish to protect their employees and/or themselves when travelling abroad. The company offers products specialized in mobile positioning technology, early warning intelligence and contingency management systems. Global Warning System was founded in 2009, triggered by experience from the SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai terror attacks, where people could have been warned earlier and given more information. For more information, visit www.globalwarningsystem.com.
“Listing at Nasdaq's First North market represents a significant milestone for Global Warning System as it will enhance our visibility and provide access to a broader investor base during a period of growth for our company,” said Andreas Rodman, CEO of Global Warning System Production AB. “In today’s globalized business environment, and with the current Ebola epidemic, there has been a more critical need for companies to protect their employees and for consumers to protect themselves while traveling abroad. We believe Global Warning System is well positioned to meet this growing need.”
“Nasdaq welcomes Global Warning System to First North and to our family of listed companies,” said Adam Kostyal, Senior Vice President and head of European listings at Nasdaq. “Global Warning System will make an interesting addition to our technology sector, and we look forward to supporting the company in its endavour as a publically traded company.”
Global Warning System Production AB has appointed Sedermera as Certified Adviser.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
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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 and its 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's control. These factors include, but are not limited to factors detailed in Nasdaq'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.
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