NEW YORK, May 29, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Resonant Inc. (Nasdaq:RESN), a company creating innovative filter designs for radio frequency (or RF) front-ends for the mobile device industry, commenced trading on The NASDAQ Stock Market on May 29, 2014.
Resonant uses a fundamentally new technology called Infinite Synthesized Networks™ (or ISN™) to configure and connect acoustic resonators, the building blocks of RF filters. Filters are a critical component of the RF front-end. The company was founded in 2012 and is based in Santa Barbara, California.
"Resonant aims to transform the radio frequency front-end market through its innovative technology and solutions," said Nelson Griggs, Senior Vice President, Corporate Client Group, NASDAQ OMX. "NASDAQ is proud to welcome Resonant to The NASDAQ Stock Market and looks forward to their continued success in the future."
By listing with NASDAQ, Resonant Inc. joins many of the world's largest and most revolutionary companies. NASDAQ has been the exchange of choice to over 70 percent of technology companies listed in the U.S. markets.
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.
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