SuccessFactors to Transfer to the New York Stock Exchange
Listings on NYSE Euronext Paris and the Frankfurt Stock Exchange to follow
SAN MATEO, Calif., July 7, 2011 /PRNewswire via COMTEX/ -- SuccessFactors, Inc. (NASDAQ: SFSF) today announced that it is transferring the listing of its common stock to the New York Stock Exchange ("NYSE"). The company expects to begin trading on the NYSE on July 19, 2011, under its current ticker symbol "SFSF". The company will continue to trade on the NASDAQ until the transfer is completed. The company also expects to list on NYSE Euronext Paris and the Frankfurt Stock Exchange.
SuccessFactors is the leading provider of cloud-based Business Execution Software, which delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 34 languages.
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs.
These forward-looking statements include statements about future listings in France and Germany. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include uncertainty as to timing of regulatory reviews in France and Germany. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.
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