Nasdaq Welcomes Impinj, Inc. to The Nasdaq Stock Market
July 21 2016 - 11:47AM
Nasdaq (Nasdaq:NDAQ) announced that trading of Impinj, Inc.
(Nasdaq:PI) commenced on The Nasdaq Stock Market on July 21, 2016.
Impinj is a leading provider of a RAIN RFID platform that
delivers Item Intelligence, an item’s unique identity, location and
authenticity, to enterprise and consumer applications through both
hardware and software elements. The Impinj platform includes tag
integrated circuits (ICs), reader ICs, readers and gateways, and
software.
Impinj’s mission is to provide wireless connectivity for
everyday items and to deliver Item Intelligence to the digital
world. Impinj’s platform connects billions of everyday items such
as apparel, medical supplies, automobile parts, drivers’ licenses,
food and luggage to applications such as inventory management,
patient safety, asset tracking and item authentication, delivering
realtime information to businesses about items they create, manage,
transport and sell.
“Impinj’s vision is digital life for everyday items,” said Chris
Diorio, CEO and co-founder of Impinj. “We believe connecting
everyday items and delivering real-time information about them is
the essence of the Internet-of-Things, or IoT.”
“A variety of industries including retail, healthcare and
manufacturing successfully use Impinj’s technology to deliver Item
Intelligence for everyday items and solve critical business
challenges,” said Nelson Griggs, Executive Vice President, Listing
Services, Nasdaq. “Impinj represents the core Nasdaq values –
ambition, innovation, and disruption. We welcome Impinj to the home
of the world’s premier technology companies and congratulate them
on this significant milestone in their corporate
evolution.”
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security or an overall investment strategy. Information about the
company is provided by the company or comes from the company’s
public filings and is not independently verified by Nasdaq.
Neither Nasdaq nor any of its affiliates makes any recommendation
to buy or sell any security or any representation about the
financial condition of any company. Statements regarding
Nasdaq-listed companies are not guarantees of future performance.
Actual results may differ materially from those expressed or
implied. Past performance is not indicative of future results.
Investors should undertake their own due diligence and carefully
evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
About Nasdaq:Nasdaq (Nasdaq:NDAQ) is a leading
provider of trading, clearing, exchange technology, listing,
information and public company services across six continents.
Through its diverse portfolio of solutions, Nasdaq enables
customers to plan, optimize and execute their business vision with
confidence, using proven technologies that provide transparency and
insight for navigating today's global capital markets. As the
creator of the world's first electronic stock market, its
technology powers more than 70 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to
more than 3,700 listed companies with a market value of
approximately $9.3 trillion and more than 18,000 corporate clients.
To learn more, visit: nasdaq.com/ambition or
business.nasdaq.com.
- NDAQG -
Media Relations Contacts:
William Briganti
(646) 441-5012
william.briganti@nasdaq.com
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com
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