NEW YORK, Nov. 18, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that the trading of Intermolecular, Inc. (Nasdaq:IMI), a semiconductor and clean-energy technology platform company, commenced on The NASDAQ Global Select Market on November 18, 2011.
"NASDAQ has a deep-rooted history in supporting and celebrating innovative technology companies like Intermolecular," said Bob McCooey, Senior Vice President, NASDAQ OMX Corporate Client Group. "We are thrilled to welcome Intermolecular to the NASDAQ Global Select Market and look forward to a long, successful partnership."
Intermolecular® is a company committed to aiding the development of semiconductor and clean-energy technology. Through paid collaborative development programs with customers, Intermolecular develops proprietary technology and intellectual property for customers focused on the discovery of new materials, integrated processes, and device structures. Intermolecular's approach to research and development uses a proprietary High Productivity Combinatorial™ (HPC™) platform and a multi-disciplinary team to accelerate productivity by 10-100 times. Founded in 2004, Intermolecular is based in San Jose, California.
Intermolecular joins some of the world's largest technology companies on The NASDAQ Stock Market, including Apple, Microsoft, Oracle, Google, Intel, Cisco, eBay, Baidu, Adobe, Dell and Yandex. In the second half of 2011, NASDAQ has welcomed over 78 percent of the technology companies that have listed on U.S. markets. Intermolecular [IMI] joins Angie's List [ANGI], Zillow Inc. [Z], Tangoe Inc. [TNGO], Carbonite Inc. [CARB], Tudou Holdings Ltd. [TUDO] and Ubiquiti Networks [UBNT] as the seventh technology company to list on NASDAQ in the second half of this year.
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 3,500 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).
Intermolecular® has pioneered a proprietary approach to accelerate research and development, innovation, and time-to-market for the semiconductor and clean-energy industries. The approach consists of our proprietary high productivity combinatorial™ (HPCTM) platform, coupled with its multi-disciplinary team. Through paid collaborative development programs (CDPs) with its customers, Intermolecular develops proprietary technology and intellectual property for its customers focused on advanced materials, processes, integration and device architectures. Founded in 2004, Intermolecular is based in San Jose, California. "Intermolecular" and the Intermolecular logo are registered trademarks; and "High Productivity Combinatorial," and "HPC" are trademarks of Intermolecular, Inc.; all rights reserved. Learn more at www.intermolecular.com.
CONTACT: Alex Honeysett Alexandra.Honeysett@nasdaqomx.com (646) 441-5211