Clavister a leader in high-performance, high-availability network security for the telecom, cloud and enterprise sectors, has today announced that its application to have its shares listed on the NASDAQ OMX First North market has been approved. A company description has been published on the Clavister’s website, www.clavister .com.
The shares are scheduled to begin trading on NASDAQ OMX First North under the ticker symbol "CLAV" (ISIN code: SE0005308558) on May 21, 2014.
Jim Carlsson, CEO of Clavister said: “The listing on NASDAQ OMX First North is a key step in Clavister’s development. It gives us the opportunity to extend our shareholder base, and to increase awareness of our business and of the need for next-generation security solutions. It will enable us to provide extra resources to our channel and strategic partners, to support further international growth.”
Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability. Clavister’s performance in the security sector was recognised with the 2012 Product Quality Leadership Award from Frost & Sullivan. The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.