Bottomline Technologies Named to NASDAQ Global Select Market
Portsmouth, NH - 4 January 2011
Bottomline Technologies (NASDAQ: EPAY) today announced that it has been named to the NASDAQ Global Select Market, the highest of the three market tiers designated by the NASDAQ Stock Market. The NASDAQ Global Select Market is reserved for public companies that have met NASDAQ’s highest financial and corporate governance standards.
Bottomline common stock began trading today on the NASDAQ Global Select Market. Prior to the change, shares of Bottomline common stock were traded on the NASDAQ Global Market.
“We are proud to be chosen for trading on the NASDAQ Global Select Market,” said Kevin Donovan, CFO at Bottomline Technologies. “Our business has performed well, continues to grow and is well positioned to execute on our targeted market opportunities. Being selected to trade among some of the leading companies in the world is confirmation of our continued success.”