SAN JOSE, Calif. -- (Business Wire)
8x8, Inc. (NASDAQ: EGHT), provider of cloud-based business
phone service and unified communications, announced that effective
Friday, February 8, listing of the company's common stock has been
transferred to the NASDAQ Global Select Market, the highest of the three
market tiers at NASDAQ. The NASDAQ Global Select Market has the highest
initial listing standards of any exchange in the world, with measures
including market value, liquidity and earnings.
“We’re proud to have met the stringent financial and corporate
governance standards that qualify us for the NASDAQ Global Select
Market,” said 8x8 Chairman & CEO Bryan Martin. “This recognition
validates our financial strength, sound management and long term
potential for sustainable growth. We remain sharply focused on building
value for shareholders by executing on our strategy of developing and
delivering industry-leading cloud communications services to small and
mid sized businesses.”
Listing on the NASDAQ Global Select Market is reserved for companies
that meet quantitative and qualitative listing standards that reflect
demonstrated commitments to leadership and good governance. Prior to the
change, the Company had been listed on the NASDAQ Capital Market.
About 8x8, Inc.
8x8 Inc. (NASDAQ: EGHT) empowers business conversations for more than
30,000 small and medium sized businesses with cloud communications
services that include hosted
PBX phone service, unified communications, call
center software and video conferencing solutions. In 2012, the
company was recognized in the “Leaders” quadrant of Gartner’s 2012 Magic
Quadrant for Unified Communications as a Service and was named No. 1
Provider of Hosted IP Telephony by Frost & Sullivan. 8x8 has been
delivering business communications services since 2004 and has garnered
a reputation for technical excellence and outstanding reliability. For
additional information, visit www.8x8.com,
or connect with 8x8 on Facebook
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Joan Citelli, 408-654-0970