NASDAQ OMX welcomes ZetaDisplay to First North Premier
Stockholm, April 4, 2011 - NASDAQ OMX (NASDAQ: NDAQ) announces that trading in ZetaDisplay AB (short name: ZETA) shares will commence today, April 4, on the First North Premier segment at NASDAQ OMX Stockholm. Companies on First North Premier commit to follow the disclosure rules of NASDAQ OMX Nordic main markets, and to apply International Financial Reporting Standards (IFRS) for accounting and financial reports.
ZetaDisplay operates in the rapidly growing market for Digital Signage, which focuses on the digitising of in-store communication within the retail and service sectors. ZetaDisplay offers complete solutions for Digital Signage which include software, services and digital systems. Since it was founded in 2003 the company has become a leading Nordic supplier of Digital Signage, with subsidiaries in Denmark, Finland and Norway. For more information about ZetaDisplay visit www.zetadisplay.se.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said, "ZetaDisplay will make a great addition to First North, where we continue to see a steady inflow of new companies. We look forward to working with ZetaDisplay to attract investor awareness and visibility around their company, at what is today one of Europe's most liquid growth markets".
ZetaDisplay's CEO, Leif Liljebrunn, commented, "The listing of ZetaDisplay at First North will improve our opportunities to expand both in existing and new markets through increased visibility and trust around our brand. Moreover, today's listing should also be seen as a step towards the main market at NASDAQ OMX Stockholm".
ZetaDisplay belongs to the Information Technology sector and is the 28th company to qualify for the First North Premier segment. ZetaDisplay has appointed Erik Penser Bankaktiebolag as Certified Adviser.
About First North
First North is a regulated multilateral trading facility, operate by the different exchanges within NASDAQ OMX Nordic. It does not have the legal status as an EU regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on regulated market. The risk in such an investment may be higher than on the main market.
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