DSET Transfers Trading To Nasdaq SmallCap Market.Business Editors BRIDGEWATER, N.J.--(BUSINESS WIRE)--May 28, 2002 (Nasdaq: DSET DSET Desert Sunshine Exposure Testing Inc. ) - DSET Corporation today announced 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. Inc.'s approval of DSET's application to have its common stock transferred from trading on the Nasdaq National Market to The Nasdaq SmallCap Market. This transfer will be effective at the opening of business on Wednesday, May 29, 2002. The Company's common stock will continue to trade under the symbol DSET on the Nasdaq SmallCap Market. The SmallCap Market is fully automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. , provides real-time trade reporting Real-Time Trade Reporting A requirement imposed on Market Makers (and in some instances, nonMarket Makers) to report each trade immediately after completing the transaction. Notes: Traded stocks are subject to realtime trade reporting within 90 seconds of execution. and a marketplace for more than 1,300 small cap companies and transferring the trading of DSET's common stock from the Nasdaq National Market to the SmallCap Market should be seamless to all shareholders. About DSET Founded in 1989, DSET Corporation develops and markets software solutions that enable telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. providers around the world to provision, activate, and manage services such as Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) based virtual private networks (VPNs) in complex, technologically diverse network environments. DSET's IP solutions allow providers to deploy and modify services much faster and at substantially less cost than manual provisioning. DSET is also a leading supplier of electronic-bonding gateways that enable competitive service providers to exchange information with other telecommunications providers to reduce the time necessary to provision voice and data services for their customers. Visit DSET on the Web at www.dset.com. Statements about financial matters in this press release, other than historical facts, are forward-looking. Since all statements about DSET's plans, estimates, and expectations are based on current projections that involve risks and uncertainties, and are subject to change at any time, the company's actual results may differ materially from expected results. Investors should consider these risks and uncertainties, which are discussed in documents filed by DSET with the Securities and Exchange Commission. These documents identify important factors that could cause the actual results to differ materially from those contained in the projections or forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . DSET expressly disclaims any obligation to update any forward-looking statements. DSET and the DSET logo are registered trademarks of DSET Corporation All other trademarks are the property of their respective owners. |
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