NEW YORK, March 28, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of 2U, Inc. (Nasdaq:TWOU), a leading provider of cloud-based software-as-a-service solutions that enable leading nonprofit colleges and universities to deliver high-quality education to qualified students anywhere, commenced on The NASDAQ Stock Market on March 28, 2014.
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Founded in 2008 by a team of education and technology veterans, 2U enables leading colleges and universities to deliver their high quality education to qualified students anywhere. 2U's cloud-based software-as-a-service platform provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support, and graduate their students. 2U's mission is to enable the education its clients provide to reach its highest potential so students can reach theirs.
"2U's innovative platform allows top tier institutions of higher education to create the world's best online programs, giving universities and students the tools to succeed wherever they are located," said Nelson Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group. "We are excited for 2U to join the list of ground breaking companies that call NASDAQ home and look forward to their continued growth and success in the future."
NASDAQ® has been the exchange of choice to 73 percent of technology companies listed in the U.S. markets year-to-date. By listing with NASDAQ, 2U joins some of the world's largest and most revolutionary companies.
Cautionary Note Regarding Forward-Looking Statements
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.
About The NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers 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 80 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
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CONTACT: MEDIA RELATIONS CONTACT: Christine Barna (646) 441-5310 Christine.Barna@nasdaqomx.com
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