ClickSoftware Announces Listing on the Nasdaq Global Select Market
30 Junho 2009 - 10:08AM
PR Newswire (US)
BURLINGTON, Massachusetts, June 30 /PRNewswire-FirstCall/ --
ClickSoftware Technologies Ltd. (NasdaqCM: CKSW), a leading
provider of mobile workforce management and service optimization
solutions, announced today that effective July 1, 2009, the
Company's ordinary shares will begin trading on the Nasdaq Global
Select Market. The Company's symbol (CKSW) will remain the same.
The Nasdaq Global Select Market states that it has the highest
initial listing standards of any exchange in the world with
measures including market value, liquidity and earnings
requirements. Previously, the Company's shares were listed on the
Nasdaq Capital Market. "We are proud to have fully satisfied the
highest financial and liquidity requirements for listing on the
Nasdaq Global Select Market," said Shmuel Arvatz, ClickSoftware's
Chief Financial Officer. "Our listing on the Nasdaq Global Select
Market is a mark of achievement and leadership, and sends a
powerful message to our investors and the investment community.
This achievement reflects, in part, the over two-fold increase in
our share price and market capitalization over the last year,
which, in turn, is due to our excellent financial performance and
market leadership." About ClickSoftware ClickSoftware is the
leading provider of mobile workforce management and service
optimization solutions that create business value for service
operations through higher levels of productivity, customer
satisfaction and cost effectiveness. Combining educational,
implementation and support services with best practices and its
industry leading solutions, ClickSoftware drives service decision
making across all levels of the organization. From proactive
customer demand forecasting and capacity planning to real-time
decision-making, incorporating scheduling, mobility and location
based services, ClickSoftware helps service organizations get the
most out of their resources. With over 130 customers across a
variety of industries and geographies, and strong partnerships with
leading platform and system integration partners - ClickSoftware is
uniquely positioned to deliver superb business performance to any
organization. The Company is headquartered in Burlington, MA and
Israel, with offices in Europe and Asia Pacific. For more
information about ClickSoftware, please call (781)-272-5903 or
(888) 438-3308, or visit http://www.clicksoftware.com/. This press
release contains express or implied forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 and other U.S. Federal Securities Laws. These
forward-looking statements include, but are not limited to, those
statements regarding future results of operations, visibility into
future periods, growth and rates of growth, and expectations
regarding future closing of contracts, receipt of orders,
recognition of revenues and deferred revenues. Such
"forward-looking statements" involve known and unknown risks,
uncertainties and other factors that may cause actual results or
performance to differ materially from those projected. Achievement
of these results by ClickSoftware may be affected by many factors,
including, but not limited to, risks and uncertainties regarding
the general economic outlook, the length of or changes in
ClickSoftware's sales cycle, ClickSoftware's ability to close sales
to potential customers in a timely manner and maintain or
strengthen relationships with strategic partners, the timing of
revenue recognition, foreign currency exchange rate fluctuations,
and ClickSoftware's ability to maintain or increase its sales
pipeline. The forward-looking statements contained in this press
release are subject to other risks and uncertainties, including
those discussed in the "Risk Factors" section and elsewhere in
ClickSoftware's annual report on Form 20-F for the year ended
December 31, 2008 and in subsequent filings with the Securities and
Exchange Commission. Except as otherwise required by law,
ClickSoftware is under no obligation to (and expressly disclaims
any such obligation to) update or alter its forward-looking
statements whether as a result of new information, future events or
otherwise. Contacts: Shmuel Arvatz Chief Financial Officer
+972-3-765-9400 Noa Schuman Investor Relations +972-3-7659-467
DATASOURCE: ClickSoftware Technologies Ltd CONTACT: Contacts:
Shmuel Arvatz, Chief Financial Officer, +972-3-765-9400, ; Noa
Schuman, Investor Relations, +972-3-7659-467,
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