"We are pleased that Alcatel has chosen to list its tracking stock on The Nasdaq Stock Market, " said Frank Zarb, Chairman and CEO, Nasdaq. "By trading the tracking stock on our market, it will be joining the ranks of some of the most innovative enterprises in the world, which are playing a key role in shaping the new economy". The Nasdaq Stock Market has over 480 international listings, more than any other stock market in the U.S, including French companies Business Objects, Dassault Systèmes, Ilog and LVMH.
Alcatel builds next generation networks, delivering integrated end-to-end voice and data networking solutions to established and new carriers, as well as enterprises and consumers worldwide. With 120,000 employees and sales of EURO 23 billion in 1999, Alcatel operates in more than 130 countries. Alcatel Optronics manufactures electronic components in France, the United States and Canada.
The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other market in the world. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.comSM or the Nasdaq NewsroomSM at www.nasdaqnews.com.
