WASHINGTON, Sept. 23, 2011 (GLOBE NEWSWIRE) -- TechAmerica announced today that NASDAQ OMX (Nasdaq:NDAQ), the world's largest exchange company, is the presenting sponsor of TechAmerica's The Classic, the leading financial conference for high-tech companies and technology-focused investors.
The Classic serves as a premier financial catalyst for growth and innovation, enabling today's leading tech companies to tap into capital, bolster investor interest, and strengthen shareholder value. Since the first event over 40 years ago, the more than 1,800 participating high-tech companies have shown their potential to over 6,000 investors resulting in an average share price increase of eight percent following The Classic. This year's event is being held in San Diego, November 7-8.
"The Classic continues in its forty year tradition of linking the drivers of the innovation economy, technology companies, with the capital they need to prosper. Propelling the growth of innovation is the hallmark of The Classic," said TechAmerica President and CEO Phil Bond. "NASDAQ OMX is the world's largest exchange company and home to many of the world's most innovative companies across all industry sectors. For the last forty years, NASDAQ OMX has consistently provided the world's groundbreaking ideas with the most cutting-edge means of execution. NASDAQ OMX and TechAmerica are both committed to fueling innovation and driving economic growth, and we can't imagine a more appropriate partner for The Classic."
NASDAQ OMX will provide presenting companies access to their Global Corporate Solutions offerings, a suite of solutions for investor relations, corporate communications and board support. Specifically, the offer will include a complimentary Do-It-Yourself (DIY) press release via GlobeNewswire and one complimentary webcast of a company's presentation at the conference.
Bruce Aust, Executive Vice President, NASDAQ OMX will be The Classic's featured keynote speaker.
"At NASDAQ OMX, we are fiercely committed to supporting companies in all stages of their growth. We recognize that successful public companies are the end-result of an idea born of an entrepreneur, and we work hard to support and celebrate these smaller, newly-public companies as well as the larger, more prominent companies on our exchange," said Bruce Aust, Executive Vice President, NASDAQ OMX. "TechAmerica is a fantastic platform to promote capital formation, which ultimately leads to many of the issues we have been speaking so often about in the business community: stimulating economic growth and creating stable and prosperous jobs. We are excited to be part of this important event, and look forward to hearing from the presenting companies."
More information on The Classic can be found at: www.techamerica.org/classic
About TechAmerica
TechAmerica is the leading voice for the U.S. technology industry – the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,000 member companies of all sizes from the public and commercial sectors of the economy, it is the industry's largest advocacy organization and is dedicated to helping members' top and bottom lines. TechAmerica is also the technology industry's only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing). It was formed by the merger of AeA (formerly the American Electronics Association), the Cyber Security Industry Alliance (CSIA), the Information Technology Association of America (ITAA) and the Government Electronics & Information Technology Association (GEIA). Learn more about TechAmerica at www.techamerica.org.