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Ekinops lists on NYSE Euronext in Paris(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 03 May 2013 Release date- 02052013 - Ekinops, a provider of next-generation optical fiber transport solutions for fixed and mobile high-speed broadband networks, today celebrated its successful listing on NYSE Euronext (NYX) in Paris. Ekinops was founded in 2003 by Francois Xavier Ollivier et Jean-Luc Pamart, telecom experts specializing in optical communications. The group designs and delivers innovative data transport solutions and equipment using high-speed broadband optical fiber to telecom operators. Ekinops focuses on the global fiber-optic data transport market, now expanding rapidly due to skyrocketing dataflows handled by networks. The company is headquartered in Lannion, France, with a subisidary in the United States and sales offices in the United Kingdom, Northern and Eastern Europe, and Israel. Ekinops (ticker: EKI) was listed through admission to trading of 3,981,146 existing shares and 1,102,915 new shares under a Global Offering. The Global Offering raised a total of EUR6.7 million. The admission and issue price of Ekinops was set at EUR6.11 per share. Market capitalisation stood at around EUR31 million on the day of listing. 'We are delighted to welcome Ekinops Group to NYSE Euronext, a market offering growth companies a springboard for business development and enhanced visibility,' said Marc Lefevre, Head of European Business Development and Client Coverage, Listings Europe, at NYSE Euronext. 'Ekinops now benefits from the range of solutions offered by its partner NYSE Euronext-solutions that will enable it to raise both its equity and its profile.' Didier Bredy, Chairman and Chief Executive Officer of Ekinops, commented: 'Funds raised today give Ekinops the financial resources we need to step up the pace of development and cash in on strong future growth in demand for optical transport equipment. This is particularly true for 100G technology, which allows telecom operators to meet soaring demand for data transport on very high-speed networks. We will be beefing up our sales teams to win new customers, but will also continue to invest in R&D to hold onto our edge in technology and offer the widest, most effective range of solutions possible.' Information: NYSE Euronext Caroline Tourrier: +33 (0)1 49 27 10 82 [email protected] Ekinops Nicolas Bouchez: +33 (0)1 77 35 04 37 [email protected] About NYSE Euronext NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: www.nyx.com. About Ekinops Ekinops provides next-generation optical transport solutions to telecom operators, based on its proprietary T-Chip (transport-on-a-chip) technology that boosts high-speed data transport capacity quickly, flexibly and cost-effectively. As operators adjust their infrastructure to meet soaring demand for data transport on very high-speed fixed and mobile networks, the group delivers high performance and ROI. The company's headquaters and R&D centre are in Lannion, France and it has sales offices in the United States, Europe, and Middle East. In 2012, it reported sales of EUR10.2 million (93% on markets outside France). [Editorial queries for this story should be sent to [email protected]] ((Comments on this story may be sent to [email protected])) (c) 2013 Electronic News Publishing - |