TANKERSLEY BARNSLEY, England (May 10, 2013) — MAM Software Group Inc.'s common stock will begin trading on the NASDAQ Capital Market May 13 under its current trading symbol "MAMS."
The company's stock currently trades on the Over-the-Counter Bulletin Board.
"Up-listing to the NASDAQ Capital Market is a major milestone for our company," said Michael Jamieson, CEO of MAM. "We believe a NASDAQ listing will provide us greater visibility in the marketplace, help to expand our shareholder base, provide us improved liquidity and more efficiency in the trading of our common stock, better access to the capital markets to support the continued growth of our business and ultimately contribute to increased shareholder value."
MAM provides business management systems, information products and online services to automotive parts manufacturers, distributors and retailers.