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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List

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To: TFF who wrote (707)	2/17/1999 2:22:00 PM
From: TFF	Read Replies (1) of 2802

Bid.Com To List On Nasdaq TORONTO, ONTARIO--Bid.Com International Inc., one of North America's leading online auctions, today announced that it has filed a listing application with the Nasdaq Stock Market as part of the process to qualify for trading on Nasdaq. Concurrently, Bid.Com has filed a Registration Statement on Form 20-F with the Securities and Exchange Commission. The Nasdaq and SEC review process is expected to last approximately 45 - 60 days. "Our market presence in the United States and the growth of our business has made listing on Nasdaq a logical next step for Bid.Com," said Paul Godin, Chairman and CEO of Bid.Com International. "We increasingly are forming alliances with U.S. firms and attracting U.S. consumers to our auction site. In addition, as a technology company, we believe it is important to build a greater presence among U.S. investors, and Nasdaq offers the ideal vehicle with which to accomplish this."

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