Net Insight AB: Net Insight moves to Nasdaq's Mid Cap segment
(Thomson Reuters ONE) -
Stockholm, Sweden - Net Insight, Net Insight, the leading provider in media
transport and resource scheduling, today announces that the company will be
moved to the Nasdaq Stockholm Mid Cap segment on January 2, 2017.
The change from Small Cap is a result of Nasdaq's annual review of the average
market value in the Nordic market segments. The Mid Cap segment includes
companies with a market value of between EUR 150 million and EUR 1 billion.
"We are pleased and proud of the company's development in recent years. Net
Insight has a clear growth strategy and we have managed to reposition the
company in the evolving broadcast and media industry. The company has gone from
being a product-oriented company to a more customer- and market-oriented company
and we have broadened our offering in improving TV production efficiencies with
the acquisition of ScheduALL in 2015. In addition, during last year Net Insight
entered a new industry segment, OTT, with a solution to enhance the TV viewer's
experience by improving the quality and interactivity within live OTT," said
Fredrik Tumegård, CEO of Net Insight. "Overall we now have a stronger position
in the media market."
For further information, please contact:
Fredrik Tumegård, CEO of Net Insight AB, +46 8 685 04 00,
fredrik.tumegard(at)netinsight.net
Thomas Bergström, CFO of Net Insight AB, +46 8 685 04 00,
thomas.bergstrom(at)netinsight.net
About Net Insight
Net Insight's vision is to enable a live and interactive media experience for
anyone on earth. Our aim is to lead progress and enable a global media
marketplace where live content can be exchanged and interaction among TV
audiences can take place in real-time. We want to create the media experience of
the future, centered on content.
Net Insight delivers products, software and services for effective, high-quality
media transport, coupled with the effective management of resources, all, which
creates an enhanced TV experience. Net Insight's offerings span across the
entire media spectrum, starting from TV cameras and TV studios, right through to
the TV consumers. Our solutions benefit network operators, and TV and production
companies, by lowering total cost of ownership, improving their workflow
efficiencies and providing them with the ability to capture new business
opportunities.
More than 500 world-class customers run mission critical media services using
Net Insight's solutions, covering more than 60 countries worldwide. Net Insight
is listed on Nasdaq Stockholm.
For more information, please visit netinsight.net
Net Insight moves to Nasdaq's Mid Cap segment:
http://hugin.info/130084/R/2066272/775697.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Net Insight AB via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2016 - 09:50 Uhr
Sprache: Deutsch
News-ID 513669
Anzahl Zeichen: 3509
contact information:
Town:
Stockholm
Kategorie:
Business News
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