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Nasdaq Stockholm Welcomes MIPS to the Main Market

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Stockholm, March 23, 2017 — Nasdaq (Nasdaq: NDAQ) announced that MIPS AB (short name: MIPS), a small cap company within the consumer goods sector, has started trading of its shares on the main market of Nasdaq Stockholm. MIPS is the 11th company to list at Nasdaq’s Nordic markets* in 2017.

Founded in 2001, MIPS is a sporting goods company specialized in helmet-based protection and brain safety. Based on a so called ingredient brand model, the MIPS brain protection system (BPS) is sold to helmet manufactures globally. MIPS’ solution is patented in all relevant markets and is based on 20 years’ of research together with the Royal Institute of Technology and the Karolinska Institute in Stockholm, Sweden. For more information, please visit www.mipscorp.com

”It is very pleasing to see the strong interest in MIPS from investors both from Sweden and other countries in Europe," says Johan Thiel, CEO of MIPS. "Our focus going forward is to continue growing with current customers through increased penetration of their helmet ranges as well as attracting new customers in current and new helmet categories, and raising further awareness of how MIPS BPS increases protection against rotational motion.”

“We are pleased to welcome MIPS as our third main market listing in Stockholm this year,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “MIPS has developed a solution that makes skiing, biking and other leisure activities more safe, and we look forward to working with them for many years to come.”

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com.

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

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 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.

Media Relations Contact:
David Augustsson
+46 8 405 61 35
david.augustsson@nasdaq.com

  

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