NEW YORK, March 30, 2012 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that the trading of Enphase Energy (Nasdaq:ENPH) commenced on The NASDAQ Stock Market® on March 30, 2012.
Enphase Energy brings a high technology approach to solar energy generation with its microinverter system. The company integrates per-solar-module power electronics, advanced networking and cloud-based services, increasing the energy harvest of solar energy systems. Enphase is the first company to integrate proven computer intelligence into solar energy systems, driving an industry shift to a new technology model. Its pioneering microinverter technology and cloud-based services allow individual solar panels to operate and be monitored independently. By increasing energy production, improving reliability and enabling intelligent operations and maintenance, the Enphase Energy Microinverter System harnesses the sun's power in a safer and more efficient way.
"Enphase Energy offers an innovative approach to solar energy. As demand for alternative energy continues to increase, Enphase has pioneered a system which manages solar power more effectively, making systems smarter and safer than ever before," said Bob McCooey, Senior Vice President, NASDAQ OMX Corporate Client Group. "We are proud to welcome Enphase to NASDAQ, which calls itself home to the world's most innovative and progressive companies."
Since its inception, NASDAQ OMX® has consistently been the exchange of choice for the world's most progressive and innovative companies. Enphase Energy joins some of the world's largest solar energy and technology companies by listing on The NASDAQ Stock Market®, including First Solar, Renewable Energy and SunPower.
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The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Jennifer Knapp +1 212 401 8916 Jennifer.Knapp@nasdaqomx.com
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