Terremark to Begin Trading on NASDAQ Market; TMRK Will Be New Symbol
23 Abril 2007 - 7:30AM
Business Wire
Terremark Worldwide, Inc. (AMEX:TWW), a leading operator of
integrated Internet exchanges and a global provider of managed IT
infrastructure solutions for government and private sectors, today
announced that it has been approved for listing on the NASDAQ
Global Market under the symbol �TMRK�. Trading on the NASDAQ is
anticipated to commence in May. The Company�s common stock will
continue to trade on the AMEX under the symbol �TWW� until the
market close on the day before trading commences on the NASDAQ. �We
are pleased to announce Terremark�s move to the NASDAQ Global
Market,� said Manuel D. Medina, Chairman and CEO of Terremark
Worldwide, Inc. �We believe the move to NASDAQ will improve the
visibility of our stock, enhance trading liquidity in our shares,
and provide Terremark with greater exposure to institutional
investors.� About Terremark Worldwide, Inc. Terremark Worldwide,
Inc. is a leading operator of integrated Internet exchanges and a
global provider of managed IT infrastructure solutions for
government and private sectors. Terremark delivers its portfolio of
services from seven locations in the U.S., Europe and Latin America
and from four service aggregation and distribution locations, which
aggregate network traffic and distribute network-based services in
Europe and Asia to meet specific customer needs. Terremark's
flagship facility, the NAP of the Americas�, is the model for the
carrier-neutral Internet exchanges the company has in Santa Clara,
California (NAP of the Americas/West), in Sao Paulo, Brazil (NAP do
Brasil) and in Madrid, Spain (NAP de las Americas - Madrid). The
carrier-neutral NAP of the Americas is a state-of-the-art facility
that provides exchange point, colocation and managed services.
Terremark is headquartered at 2601 S. Bayshore Drive, 9th Floor,
Miami, Florida USA, 305-856-3200. More information about Terremark
Worldwide can be found at http://www.terremark.com. Statements
contained in this press release may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Terremark's actual results may differ
materially from those set forth in the forward-looking statements
due to a number of risks, uncertainties and other factors, as
discussed in Terremark's filings with the SEC. These factors
include, without limitation, Terremark's ability to obtain funding
for its business plans, uncertainty in the demand for Terremark's
services or products and Terremark's ability to manage its growth.
Terremark does not assume any obligation to update these
forward-looking statements.
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