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University of Texas 2011 Global Venture Labs Investment Competition to Ring the NASDAQ Stock Market Closing Bell

ADVISORY, June 2, 2011 (GLOBE NEWSWIRE) --
/ Source: GlobeNewswire

ADVISORY, June 2, 2011 (GLOBE NEWSWIRE) --

What:

2011 Global Venture Labs Investment Competition will visit the NASDAQ MarketSite in New York City's Times Square.  

In honor of the occasion, TNG Pharmaceuticals, 2011 Global Venture Labs Investment Competition winner, will ring the Closing Bell. University of Louisville's TNG Pharmaceuticals beat out 37 other student teams from around the world for the title of Global Champion.

Where:

NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio

When:

Friday, June 3rd, 2011 – 3:45 p.m. to 4:00 p.m. ET        

Contact:

Ann Whitt
(512) 699-7444
Ann.Whitt@mccombs.utexas.edu

NASDAQ MarketSite:
Jen Knapp
(212) 401-8916
Jennifer.knapp@nasdaqomx.com

Feed Information:

The entire Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (dl 3760H). The feed can also be found on Ascent fiber 1623. Footage of the new logo unveiling will be available from 3:55 – 3:56 p.m. ET If you have any questions, please contact Jen Knapp (212) 401-8916.

Facebook and Twitter:

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Webcast:

A live webcast of the NASDAQ Closing Bell will be available at: 

or .

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to and click on the market close of your choice.

About University of Texas 2011 Global Venture Labs Investment Competition:

The Global Venture Labs Investment Competition dubbed "the Super Bowl of world investment competition" (formerly Moot Corp) is the premier world-wide investment competition for graduate students hosted annually at The University of Texas at Austin. Started by MBA students in 1984, the Competition (vlic.utexas.edu) which simulates the process of raising venture capital is the oldest new venture competition in the world.

The 2011 winner of the competition, TNG Pharmaceuticals from the University of Louisville, has developed a revolutionary vaccine that will alleviate the negative impact of the horn fly, considered the most health depleting and economically damaging pest of cattle. FlyVax is targeted to reduce the number of horn flies per cow, leading to increased farmer efficiency, production, and lower pesticide use.

About NASDAQ OMX:

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX first North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit . *Please follow NASDAQ OMX on Facebook () and Twitter ().

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