News

03/31/2008 - MOBOTIX Changes To Different Stock Exchange Segment

As of today, shares of MOBOTIX AG are handled in the Prime Standard of the Frankfurt stock exchange. After the manufacturer of digital high-resolution and network-based video surveillance systems made its debut in the Entry Standard on October 10th, 2007, the company advanced with a growth in share value of about 90 percent through to December to become the best newcomer to the stock exchange in 2007, in spite of adverse conditions surrounding the stock exchange markets. "A swift change from the Entry Standard to the Prime Standard is the next logical step for us, and a clear statement of the commitment to our growth strategy," says Dr. Ralf Hinkel, co-founder and CEO of MOBOTIX AG.

Prime Standard companies are more subject to providing transparency than companies in the Entry Standard. The Prime Standard is tailored to the requirements of companies wishing to position themselves in the market, particularly for international investors, by being highly transparent. By changing to the Prime Standard, MOBOTIX will be able to correspondingly expand its shareholder base.
The complete press release can be downloaded here.