ELEMENTS Linked to ICE B... (AMEX:GRU)
Historical Stock Chart
From Jan 2020 to Jan 2025
GuruNet to Move to NASDAQ
Plans Name Change to Answers Corporation
NEW YORK, July 19 /PRNewswire-FirstCall/ -- GuruNet Corporation (AMEX: GRU),
creator of the Answers.com(TM) answer-based search engine, announced today that
its application for listing on NASDAQ's National Market System (NMS) has been
approved. The Company expects to begin trading on NASDAQ under the symbol ANSW
in the beginning of August. GuruNet further announced its intention to change
its corporate name to Answers Corporation, subject to stockholder approval.
"We are proud to be moving to NASDAQ, the premier stock market for technology
companies, which reinforces our commitment to shareholder value; we have been
pleased with the professionalism of the AMEX and thank them for their excellent
service," said Robert S. Rosenschein, GuruNet's Chairman and CEO. "In just
seven short months, we've put Answers.com on the map. Unifying our ticker,
corporation, and flagship product names strengthens our branding, supports our
growth strategy, and helps end-users identify the company behind the product."
Pending formal stockholder approval, the Company will continue to operate under
the GuruNet name.
About GuruNet
GuruNet Corporation (AMEX:GRU) operates Answers.com(TM), a leading reference
answer-based search engine, http://www.answers.com/. Founded in 1999 by Bob
Rosenschein, GuruNet Corporation (http://www.gurunet.com/) provides patented
technology and software tools to access concise information on demand. More
information on GuruNet is available at http://www.gurunet.com/. ANSWERS.COM and
GURUNET are trademarks of GuruNet Corporation. All other marks belong to their
respective owners.
This press release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Those statements include statements regarding the intent, belief or current
expectations of the Company and its management team. Investors are cautioned
that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual results may
differ materially from those projected in the forward-looking statements. Such
risks and uncertainties include, among other things, risks and uncertainties
that may be detailed, from time-to-time, in the Company's reports filed with
the Securities and Exchange Commission. The Company undertakes no obligation to
publicly update any forward-looking statements.
GuruNet Contact:
Jay Bailey
Director of Communications
+1-888-248-9613
GuruNet Investor Relations:
BPC Financial Marketing
John Baldissera
+1-800-368-1217
DATASOURCE: GuruNet Corporation
CONTACT: GuruNet Contact: Jay Bailey, Director of Communications,
+1-888-248-9613; GuruNet Investor Relations: BPC Financial
Marketing, John Baldissera, +1-800-368-1217