Global Warning listed at Nasdaq's First North market
- 15.10.2014 01:00 am
Nasdaq (Nasdaq: NDAQ) has announced that the trading in Global Warning System Production AB (shortname: GWS) shares commenced on First North at Nasdaq Stockholm. Global Warning System belongs to the Technology sector and is the 33rd company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Global Warning System provides a mobile-based personal security service for companies and individuals who wish to protect their employees and/or themselves when travelling abroad. The company offers products specialized in mobile positioning technology, early warning intelligence and contingency management systems. Global Warning System was founded in 2009, triggered by experience from the SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai terror attacks, where people could have been warned earlier and given more information.
“Listing at Nasdaq's First North market represents a significant milestone for Global Warning System as it will enhance our visibility and provide access to a broader investor base during a period of growth for our company,” said Andreas Rodman, CEO of Global Warning System Production AB. “In today’s globalized business environment, and with the current Ebola epidemic, there has been a more critical need for companies to protect their employees and for consumers to protect themselves while traveling abroad. We believe Global Warning System is well positioned to meet this growing need.”
“Nasdaq welcomes Global Warning System to First North and to our family of listed companies,” said Adam Kostyal, Senior Vice President and head of European listings at Nasdaq. “Global Warning System will make an interesting addition to our technology sector, and we look forward to supporting the company in its endavour as a publically traded company.”
Global Warning System Production AB has appointed Sedermera as Certified Adviser.