Silicom Upgraded to NASDAQ Global Select Market
KFAR SAVA, Israel -- January 2, 2014
Silicom Ltd. (NASDAQ:SILC) (TASE:SILC)) today announced that its stock has
been upgraded to trade on the NASDAQ Global Select Market, effective today.
The NASDAQ Global Select Market is designated for public companies that meet
the highest listing standards, with qualification measures including market
value, liquidity and earnings.
“We are very proud to become a member of this top tier market,” said Shaike
Orbach, Silicom’s President and CEO. “Our upgrade to the NASDAQ Global Select
Market is a validation of the strong positive momentum of our business and the
significant growth opportunities in front of us. In addition, it recognizes
our strict adherence to corporate governance standards.”
The Company's stock, which was previously listed on the NASDAQ Global Market,
will continue to trade under the SILC ticker symbol.
Silicom Ltd. is an industry-leading provider of high-performance networking
and data infrastructure solutions. Designed primarily to increase data center
efficiency, Silicom’s solutions dramatically improve the throughput and
availability of networking appliances and other server-based systems.
Silicom’s products are used by a large and growing base of OEM customers, many
of whom are market leaders, as performance-boosting solutions for their
offerings in the Application Delivery,
WAN Optimization, Security and other mission-critical segments within the
fast-growing virtualization, cloud computing and big data markets. Silicom’s
product portfolio includes multi-port 1/10 Gigabit Ethernet server adapters,
Intelligent Bypass solutions, Encryption accelerators and a variety of
innovative Smart adapters. These products are available for incorporation
directly into our OEM customers' systems, or provided as part of Silicom’s
patented SETAC (Server To Appliance Converter), a unique approach to the
provision of high quality standard platforms with modular front connectivity.
For more information, please visit: www.silicom.co.il.
Statements in this press release which are not historical data are
forward-looking statements which involve known and unknown risks,
uncertainties, or other factors not under the Company's control, which may
cause actual results, performance, or achievements of the Company to be
materially different from the results, performance, or other expectations
implied by these forward-looking statements. These factors include, but are
not limited to, those detailed in the Company's periodic filings with the
Securities and Exchange Commission. The Company disclaims any duty to update
Eran Gilad, CFO, Tel: +972-9-764-4555
Investor relations contact:
Kenny Green / Ehud Helft, Tel: +1 646-201-9246
CCG Israel Investor Relations
E-mail : firstname.lastname@example.org
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