NEW YORK, May 27, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that trading of Solazyme, a renewable oil company and leader in industrial biotechnology, commenced on The NASDAQ Stock Market on Friday, May 27, 2011. Solazyme is listed under the ticker symbol (Nasdaq:SZYM) and is one of the most highly anticipated renewable oil IPOs of the year.
"NASDAQ OMX is a pioneer in the clean energy sector, as evidenced by our comprehensive family of indexes covering the global green economy (https://indexes.nasdaqomx.com/green.aspx)," said Bruce Aust, Executive Vice President and head of the NASDAQ OMX Corporate Client Group. "Solazyme exemplifies the type of innovative and forward-thinking companies that thrive on our exchange. We are thrilled to welcome them to The NASDAQ Stock Market and look forward to watching their continued growth and success in the future."
Solazyme is a renewable oil company and a leader in industrial biotechnology. Founded in 2003 and headquartered in South San Francisco, Solazyme's proprietary technology is dedicated to transforming a range of low-cost plant-based sugars into high-value oils. Solazyme's oils and fuels provide compelling solutions to increasingly complex issues of fuel scarcity, energy security and environmental impact while fitting into the pre-existing infrastructure.
NASDAQ OMX is the exchange of choice for the clean energy community and 72% of the companies included in the NASDAQ Clean Edge Green Energy Index (CELS) list on The NASDAQ Stock Market. In addition to CELS, NASDAQ OMX offers the investment community nearly 70 Green Economy Indexes, which help companies, investors and policymakers understand and profit from clean technologies.
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).
CONTACT: Alexandra Honeysett Alexandra.Honeysett@nasdaqomx.com +1 646 441 5211 Jen Knapp Jennifer.Knapp@nasdaqomx.com +1 212 401 8916
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