TMCnet News
MRVC to Trade on NASDAQ Global Market Effective March 19, 2014CHATSWORTH, Calif. --(Business Wire)-- MRV (News - Alert) Communications (OTC: MRVC), a global leader in converged packet and optical solutions that empower the optical edge and network integration services for communications service providers, has been approved to list the company's common stock on NASDAQ Global Markets. The company expects to commence trading on March 19th under its existing ticker symbol "MRVC." Until the stock is transferred to NASDAQ, MRVC's stock will continue to trde on OTC markets. MRV Communications' CEO David Stehlin (News - Alert) stated, "We are very proud of the significant progress we have made in strengthening corporate governance, resolving legacy issues, improving operating efficiencies and repositioning MRV for growth and profitability in the global communications market. Our uplisting to NASDAQ is reflective of this progress, and we are pleased to provide our shareholders greater liquidity and visibility as we continue to execute on our business transformation and strategic growth plan." About MRV Communications (News - Alert) MRV Communications is a global leader in converged packet and optical solutions that empower the optical edge and network integration services for leading communications service providers. For more than two decades, the most demanding service providers, Fortune 1000 companies and governments worldwide have trusted MRV to provide best-in-class solutions and services for their mission-critical networks. We help our customers overcome the challenge of orchestrating the ever-increasing need for capacity while improving service delivery and lowering network costs for critical applications such as cloud connectivity, high-capacity business services, mobile backhaul and data center connectivity. For more information please visit www.mrv.com.
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