724 Solutions Transfer to The NASDAQ SmallCap Market Approved.Business Editors & High-Tech Writers TORONTO--(BUSINESS WIRE)--Sept. 17, 2002 724 Solutions (Nasdaq:SVNX) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SVN SVN Subversion (version control system) SVN Slovenia (international traffic code) SVN Social Venture Network SVN South Vietnam SVN Secure Virtual Network SVN Supervised Visitation Network ) announced today that The NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. has approved the company's application to transfer to The NASDAQ SmallCap Market. 724 Solutions common shares will begin trading on The NASDAQ SmallCap Market on September 18, 2002, and the stock symbol will continue to be SVNX. The company's common shares will also continue to trade on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . As previously announced, 724 Solutions had applied to transfer to The NASDAQ SmallCap Market after it was notified that it no longer met NASDAQ's minimum bid price requirement of $1 per share. "We are pleased that our application for transfer to The NASDAQ SmallCap Market has been approved in accordance with our stated goals," said John Sims John Sims (1749–1831) was a taxonomist who classified various species of plants. He was the first editor of The Botanical Magazine after the founder, William Curtis.[1] References 1. ^ John Sims, 1749–1831. Darwin Project. , chief executive officer, 724 Solutions. "The continuity provided will allow 724 Solutions to execute its strategy for penetrating the mobile operator marketplace through the delivery of reliable, scalable technologies that enable mobile operators to increase their average revenue per user." About 724 Solutions Inc. 724 Solutions Inc. (Nasdaq:SVNX) (TSX:SVN) powers the world's largest mobile operators and financial institutions to make the most of m-Business. Our solutions transform business applications into proactive solutions that deliver timely information, invite immediate response and enable effortless ef·fort·less adj. Calling for, requiring, or showing little or no effort. See Synonyms at easy. ef  fort·less·ly adv. mobile transactions. Each implementation provides new
convenience to the end-user and strong return on investment to the
business owner. With headquarters in Toronto, Canada, the company has
development and sales offices around the world. For more information,
visit www.724.com.
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