TETRA  |  2015-12-18

INVISO Communications Moves to Nasdaq

Source: MCCResources

PMR accessory manufacturer INVISIO will be moved to the Mid Cap segment on Nasdaq Stockholm on January 2, 2016. The change from the Small Cap segment is a result of Nasdaq's annual review of the average market values ​​within the Nordic market segments.

INVISIO was listed on the Stockholm Stock Exchange Small Cap list on May 29 this year.

"We are happy and proud of our performance during the year. In a short time, we have made important progress and gained increased attention from both customers and investors. Since the listing last spring the number of shareholders and share liquidity have increased significantly and we are experiencing strong interest from institutional investors in Scandinavia, Europe and North America. By moving to Mid Cap, we get more visibility and better opportunities to create long-term contacts with the stock market," says Lars Højgård Hansen, CEO of INVISIO.

INVISIO won several important contracts in 2015 and has strengthened its position in the market for advanced hearing protection and communication solutions. Major orders were received from military customers in the UK, Canada and Australia, all with delivery in 2016. The US army is already one of INVISIO's most important customers.

As a result of its positive development and a general increase in interest from investors, in December the company strengthened its organization with a Director of Investor Relations & Corporate Communications.

View the interview conducted with Lars Højgård Hansen during Milipol 2015

In the video interview Hansen comments about the rapid growth of the company.