NeoNet Promoted to Mid Cap Segment of the OMX Nordic Exchange From July 2, 2007, NeoNet will be included in the Mid Cap segment of the OMX Nordic Exchange in Stockholm. NeoNet's elevation from Small Cap to Mid Cap status follows a period of impressive growth in sales and profitability, with the company's market cap being valued at SEK 2.2 billion, approximately EUR 240 million. Companies listed on the OMX Nordic Exchange are organised in three market cap segments, those with a market valuation of between EUR 150 million and 1 billion are classified as Mid Cap. Commenting on the news, Simon Nathanson, CEO of NeoNet said: “We are in a phase of rapid expansion and will continue to add new marketplaces and high-performance trading functionality to our offerings. This enhances customer value and drives growth. We are particularly well positioned for the upcoming Markets in Financial Instruments Directive (MiFID). The directive enables the development of new types of marketplaces, NeoNet will seamlessly connect to these at our customers' request”. For further information, please contact: Ulrika Areskog Head of Communications +46 8 454 15 82 NeoNet is an agency broker offering clients neutral high-speed direct market access (DMA) trading on the world's leading stock exchanges. The DMA trading can be fully combined with sales trader assisted trading on behalf of clients. In addition, banks and broker-dealers can trade using their own exchange memberships leveraging NeoNet's technology and infrastructure. NeoNet is listed on the Stockholm Stock Exchange and has clients in over 20 countries globally. There are offices and sales representation in France, Germany, Italy, Sweden, US and UK. (www.neonet.biz)
NeoNet Promoted to Mid Cap Segment of the OMX Nordic Exchange
| Source: NeoNet AB