BridgePoint International Announces TSE Listing.Business Editors MONTREAL--(BUSINESS WIRE)--Sept. 22, 2000 BridgePoint International Inc. (ME:BDG BDG Building (usually seen as BLDG) BDG Budget BDG Binding BDG Bundaberg (Queensland, Australia) BDG Blanding, Utah (airport code) BDG Batten's Disease Gene .), a pioneer in central office outsourcing for the telecommunications and Internet industry announces that its common shares will begin trading on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. on Tuesday, September 26, 2000. Quotation of BridgePoint common shares under the symbol BDG on the Montreal Exchange Montreal Exchange A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg will cease at the same time. BridgePoint's TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). symbol will remain BDG. Since December 1999, BridgePoint International shares have been posted for trading on the Montreal Exchange. BridgePoint is the first company to move from the Montreal Exchange to the TSE since the realignment of the Canadian exchanges at the end of last year. "This move will help boost our profile in the Canadian market as well as further develop our partnership strategies," said Rene Arbic, the Company's President and Chief Executive Officer. "High tech is the TSE's largest sector and an area of increased growth and investor interest. Achieving a prestigious listing on the TSE, in addition to the fact that we surpassed the Montreal Exchange's standards from day one, show that BridgePoint International is definitely a leader in the telecommunications field." BridgePoint International also becomes one of the first corporations to list under the TSE's new Technology Listing Requirements Listing requirements Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading. and the first one from the Montreal Exchange. These rules maintain the quality of a TSE listing but have been revised specifically to assist technology companies transferring from other markets or going public. The Toronto Stock Exchange consistently ranks among the world's top exchanges by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. and trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. . In 2000, the average daily value of TSE trading is approximately $4 billion. The TSE provides investors with a well-regulated, fair and accessible marketplace. More than 150 technology companies trade on the TSE and represent a combined market capitalization of over $400 billion. Companies listed on the TSE raise 80% of the capital generated by Canadian technology companies. BridgePoint is the global leader in the field of unified communication exchange. BridgePoint delivers central office outsourcing services through neutral telehousing facilities, international voice and data switching, Internet hosting services and technical support. The company's mission is to provide the telecommunications and Internet industry with flexible, secure and cost-effective networking solution. The Company presently has centres in Montreal, Vancouver, Toronto, Calgary, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Los Angeles. |
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