DUBLIN, Ireland and SAN FRANCISCO, March 18, 2011 (GLOBE NEWSWIRE) -- Velti plc (Nasdaq:VELT) (AIM:VEL), the leading mobile marketing and advertising technology provider for brands, advertising agencies, mobile operators and media, announces, pursuant to AIM Rule 41, that its shares will cease to be admitted to trading on AIM, effective May 3, 2011.
The cancellation will take effect at 7:00 a.m. on May 3, 2011. Accordingly, trading of the Company's ordinary shares on AIM will cease following close of trading on April 28, 2011.
Shareholders of the Company previously approved the AIM delisting at the Company's extraordinary general meeting held on July 30, 2010, to be effective approximately 90 days following the Company's January 28, 2011 public offering in the United States.
All shareholders of the Company will be able to continue to trade Velti ordinary shares on the NASDAQ Global Select Market following the cancellation date. Shareholders may trade their Velti ordinary shares on the NASDAQ Global Select Market before this date if they so choose. Information concerning the transfer of Velti ordinary shares from AIM for trading on the NASDAQ Global Select Market can be found on the Company's web site at http://investors.velti.com.
Velti is a leading global provider of mobile marketing and advertising technology and solutions that enable brands, advertising agencies, mobile operators and media to implement highly targeted, interactive and measurable campaigns by communicating with and engaging consumers via their mobile devices. The Velti platform, called Velti mGage™, allows customers to use mobile and traditional media to reach targeted consumers, engage the consumer through the mobile Internet and applications, convert them into customers and continue to actively manage the relationship through the mobile channel. Velti has the ability to conduct campaigns in over 30 countries and reach more than 2.5 billion global consumers. Velti is a publicly-held corporation based in Jersey, and trades on the NASDAQ Global Select Market under the symbol VELT and, through April 28, 2011, on the London Stock Exchange's AIM under the symbol VEL. For more information, visit .
The Velti logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7438
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