SOURCE: NASDAQ

August 26, 2005 11:40 ET

The American Council on the Teaching of Foreign Languages to Ring The NASDAQ Stock Market Opening Bell to Encourage Language Skills

-- (MARKET WIRE) -- August 26, 2005 --


What:

The American Council on the Teaching of Foreign Languages will preside over the opening bell. On February 17, 2005, the U.S. Senate designated 2005 as The Year of Languages, (SR-28), which recognizes the growing importance of foreign language learning for children and adults. Currently, American business executives rank far behind executives from other nations in language skills. In the Netherlands, the average business executive speaks 3.9 languages, compared to the U.S., where the average executive speaks 1.4 languages.

The importance of language skills for executives in the global financial community will be underscored by having a small group of language teachers and students -- from New York and other parts of the country -- open the NASDAQ market at MarketSite.

The non-profit organization, The American Council on the Teaching of Foreign languages (www.actfl.org) encourages language learning for American youngsters and adults, and NASDAQ, with its outstanding international position and recognition, are natural partners to promote increased language skills among business leaders to keep American enterprises competitive in a shrinking world.

Where:

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

When:

Monday, August 29th, 2005 at 9:30 a.m. EDT

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5 C-band/transponder 14. The downlink frequency is 3980 horizontal; audio: 6.2/6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

Contact Information

  • Contacts:
    Jackson Bain
    Chairman, Bain & Associates
    (703) 549-9592
    Email Contact

    NASDAQ MarketSite:
    Stephanie Lowenthal
    646.441.5220