SCIENCE

The NASDAQ OMX Group announced that the trading of Ubiquity Networks, a next-generation communications technology company, commenced on The NASDAQ Stock Market on October 14, 2011.

"NASDAQ is thrilled to have Ubiquiti Networks list on The NASDAQ Stock Market, and is proud to have them join our global family of similarly innovative companies," said Bob McCooey, Senior Vice President, NASDAQ OMX Corporate Client Group, "We look forward to a long partnership with Ubiquiti and wish them continued success as a public company."

Ubiquiti Networks is a next-generation communications technology company that designs and manufactures proprietary technologies. Since its foundation in 2005, Ubiquiti's next-generation communications products and solutions have bridged the digital divide between emerging and developed markets by fundamentally changing the economics of deploying high performance networking solutions in underserved and underpenetrated markets globally. Their technology platforms AirMax, UniFi, and AirVision, focus on delivering industry-leading performance, compelling price-performing characteristics and an unparalleled user experience. Ubiquiti has reduced high product and network deployment costs and other business model inefficiencies to enable rapid market adoption of their products and solutions in emerging markets.

Since its inception, NASDAQ OMX has consistently been the exchange of choice for progressive and cutting-edge information technology companies like Ubiquiti. Ubiquiti joins some of the world's largest and most reputable technology companies on The NASDAQ Stock Market, including Apple, Microsoft, Oracle, Google, Intel, Cisco, Ericsson, eBay, Baidu, Yahoo, Adobe and Dell.