Jacada Ltd. (Nasdaq:JCDA) (TASE:JCDA), a leading provider of customer
service experience and process optimization solutions, today announced
that its Board of Directors had resolved to delist the company’s
ordinary shares from trading on the Tel Aviv Stock Exchange (TASE).
Consequently, Jacada intends to apply to the TASE and request that the
TASE initiate the delisting process.
Under Israeli law, the delisting of ordinary shares of a dual-listed
company such as Jacada from trading on the TASE should become effective
three months after the date of application to the TASE. During the
interim period, the company’s ordinary shares will continue to be traded
on the TASE. Jacada will announce the exact date of the delisting when
it becomes available.
About Jacada
Jacada provides solutions that optimize and improve the effectiveness of
customer interactions. Jacada unified desktop and process optimization
solutions help companies reduce the cost of their operations, drive
customer satisfaction and provide a complete return on investment in as
little as 12 months after deployment.
Founded in 1990, Jacada operates globally with offices in Atlanta, USA;
Herzliya, Israel; London, England; Munich, Germany; and Stockholm,
Sweden. More information is available at www.jacada.com,
www.jacada.com/blog,
www.jacada.com/facebook
and www.jacada.com/twitter.
This news release may contain forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995. The
words "may," "could," "would," "will," "believe," "anticipate,"
"estimate," "expect," "intend," "plan," and similar expressions or
variations thereof are intended to identify forward-looking statements.
Investors are cautioned that any such forward-looking statements are not
guarantees of the future performance and involve risks and
uncertainties, many of which are beyond the company's ability to
control. Actual results may differ materially from those projected in
the forward-looking statements as a result of various factors including
the performance and continued acceptance of our products, general
economic conditions and other Risk Factors specifically identified in
our reports filed with the Securities and Exchange Commission. The
company undertakes no obligation to update or revise any forward-looking
statement for events or circumstances after the date on which such
statement is made.
Jacada is a trademark of Jacada Ltd. All other brands or product
names are trademarks of their respective owners.
