Contact Information: CONTACT: NASDAQ OMX Jonas Rodny Tel: +46(8)4057267 jonas.rodny@nasdaqomx.com Grayling Global Stacy Dimakakos Tel: (646) 284-9417 sdimakakos@hfgcg.com
NASDAQ OMX and the Tel Aviv Stock Exchange to Hold 3rd Annual Israeli Investor Conference, September 18, New York City
| Source: Tel Aviv Stock Exchange
TEL AVIV, ISRAEL and NEW YORK, NY--(Marketwire - September 11, 2008) - The NASDAQ OMX Group,
Inc. (NASDAQ®) (NASDAQ : NDAQ ) and the Tel Aviv Stock Exchange (TASE) are
pleased to announce that they will host their third Israeli Investor
Conference on Thursday, September 18, 2008 in New York City. The
conference will be held in association with Oppenheimer & Co. Inc.
The NASDAQ OMX TASE Israeli Investor conference will bring companies
representing a broad spectrum of key Israeli industries, such as IT,
communications, chemicals, homeland security, retail, real estate and food
industries together with American institutional investors and analysts.
The conference will provide a unique opportunity for the investment
community to become better acquainted with Israel's dynamic economy and
capital market.
Ester Levanon, Chief Executive Officer of the Tel Aviv Stock Exchange, will
review recent developments in Israel's capital market and the Tel Aviv
Stock Exchange. Professor Leonardo Leidermen, from the Tel-Aviv
University, will be the keynote speaker and will discuss the impact of
global economic conditions on Israel's economy and financial markets.
The presenting companies, many of which are listed on both The NASDAQ Stock
Market and TASE include: Alvarion Ltd. [ALVR], Elbit Systems Ltd. [ESLT],
Elron Electronic Industries Ltd. [ELRN], NICE Systems Ltd. [NICE], Retalix
Ltd. [RTLX], Delek Group Ltd. [DLEKG], Gazit-Globe Ltd. [GLOB], Israel
Chemicals Ltd. [ICL], Shufersal Ltd. [SAE], Strauss Group Ltd. [STRS] and
Orbotech Ltd. [ORBK].
Bruce Aust, Executive Vice President, NASDAQ OMX Corporate Client Group,
remarked, "This is the third consecutive year of this conference, which has
now become a key date in the investment calendar. The conference also
follows the signing of a Memorandum of Understanding between our two
markets in November 2007. This conference is a great example of the strong
working relationship between our exchanges."
"I am delighted with the enduring cooperation between TASE and NASDAQ OMX,
as is reflected in this conference and the significant number of Israeli
companies cross-listed on both NASDAQ and TASE," stated Ester Levanon,
Chief Executive of the TASE. "The robustness of the Israeli economy and
capital market is due in large part to the excellence and innovativeness
exhibited by companies like those showcased at this conference. I am
confident that the American financial community will find the opportunity
for both value and growth that the Israeli market engenders quite
compelling."
About NASDAQ OMX
The NASDAQ OMX Group, Inc. (NASDAQ : NDAQ ) is the world's largest exchange
company. It delivers trading, exchange technology and public company
services across six continents, and with over 3,900 companies, it is number
one in worldwide listings among major markets. NASDAQ OMX offers multiple
capital raising solutions to companies around the globe, including its U.S.
listings market; the OMX Nordic Exchange, including First North; and the
144A PORTAL Market. The company offers trading across multiple asset
classes including equities, derivatives, debt, commodities, structured
products and ETFs. NASDAQ OMX technology supports the operations of over
60 exchanges, clearing organizations and central securities depositories in
more than 50 countries. OMX Nordic Exchange is not a legal entity but
describes the common offering from NASDAQ OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit www.nasdaqomx.com.
Tel Aviv Stock Exchange
Established in 1953, The Tel Aviv Stock Exchange constitutes the heart of
Israel's dynamic capital market and is a key driver of its economy.
Combining the advantages of mature developed markets with the growth
potential of emerging markets, TASE offers a vast range of opportunities
for value and growth investors alike. TASE is a fully-automated exchange
with a central order book trading system, based on internationally accepted
rules. An integrated, fully electronic, order-driven trading system serves
the equity, debt and derivatives market simultaneously. With more than 600
listed companies and a total market capitalization exceeding $400 billion,
TASE is a 'one-stop shop' for capital market activity in Israel, providing
companies vast alternatives for capital raising and investors increasingly
diverse and sophisticated financial products. For more information, visit
www.tase.co.il.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are
made under the Safe Harbor provisions of the Private Securities Litigation
Reform Act of 1995. These statements include, but are not limited to,
statements about NASDAQ OMX's products and offerings. We caution that these
statements are not guarantees of future performance. Actual results may
differ materially from those expressed or implied in the forward-looking
statements. Forward-looking statements involve a number of risks,
uncertainties or other factors beyond NASDAQ OMX's control. These factors
include, but are not limited to factors detailed in NASDAQ OMX's annual
report on Form 10-K, and periodic reports filed with the U.S. Securities
and Exchange Commission. We undertake no obligation to release any
revisions to any forward-looking statements. There can be no assurance that
the FSA will give the NASDAQ OMX applicant the authorization and
permissions which it seeks.