ALISO VIEJO, CA - Smith Micro Software Inc. (NASDAQ: SMSI), a company that markets and develops a wide range of software products and services for the wireless market, today announced that the NASDAQ Stock Market, Inc. has approved its application for relisting of its common stock on the NASDAQ Global Market. Smith Micro expects trading in its common shares to resume trading on the NASDAQ Global Market today at the opening of the national markets under the symbol "SMSI."
"We are very pleased to receive approval for relisting on the NASDAQ Global Market, which we believe provides increased access and market visibility for institutional investors and reflects the strong financial and operational progress we have achieved as part of our ongoing efforts to build shareholder value," said William W. Smith, Jr., President and Chief Executive Officer of Smith Micro Software, Inc.
About Smith Micro Software:
Smith Micro Software, Inc., headquartered in Aliso Viejo, California, develops and markets wireless communication, broadband and utility software products for multiple OS platforms. The company designs integrated cross platform, easy-to-use software for personal and business computing worldwide. With a focus on wireless, broadband and Internet technologies, the company's products and services enable wireless communications, file and image compression, digital image and music management. The award-winning software solutions empower Windows and Macintosh users in the areas of information access, removal, recovery, security, and Internet distribution. Smith Micro's leading brands are QuickLink®, StuffIt®, Internet Cleanup(TM) and Spring Cleaning®. Smith Micro's complete line of products is available through Smith Micro's Enterprise Group, Original Equipment Manufacturers (OEMs), the company website at www.smithmicro.com, retail stores, and through value-added resellers (VARs). Smith Micro's common stock trades on The NASDAQ Stock Market® under the symbol SMSI.
This release may contain forward-looking statements that involve risks and uncertainties, including without limitation risks and uncertainties relating to the company's financial prospects and projections, the company's plans for returning to sustained profitability and the company's ability to increase its business in segments of the company. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are new and changing technologies, customer acceptance of those technologies, fluctuations or cancellations in orders from distribution customers, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors could cause actual results to differ materially from those presented in any forward-looking statement and are discussed in the company's filings with the Securities and Exchange Commission including its recent filings on Forms 10-K and 10-Q.
Smith Micro, the Smith Micro logo, QuickLink, StuffIt, Internet Cleanup and Spring Cleaning are trademarks or registered trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective companies.