BELLEVUE, Wash., Dec. 17, 2010 (GLOBE NEWSWIRE) -- Motricity (Nasdaq:MOTR), a leading mobile data services provider, today announced that it has been named to The NASDAQ Global Select Market. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on market value and financial requirements. Shares of Motricity common stock will begin trading on the NASDAQ Global Select Market on January 3, 2011.
Prior to the change, shares of Motricity common stock were traded on the NASDAQ Global Market. Currently, NASDAQ-listed companies are classified under three listing tiers - NASDAQ Global Select Market, NASDAQ Global Market, and NASDAQ Capital Market. More information about the NASDAQ Global Select Market is available at .
Motricity (Nasdaq:MOTR) is a leading mobile data solutions provider exclusively focused on the rapidly growing mobile Internet market. It serves some of the world's largest mobile carriers, simplifying the mobile Internet and creating a personalized mobile experience for subscribers. Motricity helps companies leverage the power of mobility to make direct, personalized connections with their customers. For more information, visit or follow the company on Twitter @ motricity.
The Motricity, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7813
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 approximately 3,600 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, including First North, NASDAQ OMX Baltic and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group 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 Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius.
CONTACT: Motricity Media Contact: Jennifer Morgan +1 425.638.8375 firstname.lastname@example.org Blueshirt Group, LLC Investor Contact: Alex Wellins +1 415.217.5861 email@example.com