NEW YORK, June 17, 2011 /PRNewswire/ -- As expected, the business-information-and-search engine platform Masterseek.com has now been awarded a listing on SecondMarket, the popular alternative trading system for private equities and other investments.
Masterseek's listing on this trading and exchange system, which is regulated by the SEC and is a member of FINRA, MSRB and SIPC, is expected to greatly increase the liquidity of Masterseek shares, which have been drawing investor attention recently in the B2B and group-buying spaces. Masterseek shares will begin trading on SecondMarket within the next few days, according to Masterseek executives and exchange officials.
SecondMarket is the premier trading market for shares of private, venture-capital-funded social media and business networking companies like Facebook, Twitter, LinkedIn and others, with more than $400 million in transactions during 2010, expected to top $1 billion in trading during 2011; the Masterseek listing joins the company with these other leaders on the same trading platform.
Masterseek.com is a leading B2B search and information platform, currently hosting more than 84 million business profiles worldwide. Subscribers use the platform's business tools to search for products, services and businesspeople with the pinpoint relevancy afforded by Masterseek's proprietary technology. Advertisers benefit from Masterseek's ability to reach precisely targeted demographics, resulting in more sales.
The SecondMarket listing is expected to provide broader exposure to the success story of Masterseek's growth since its founding in 1999 in Denmark by B2B tech entrepreneur Rasmus Refer. Since 2005, Masterseek has continued to grow rapidly through a series of acquisitions, alliances and strategic partnerships which have served to place the company at the leading edge of B2B search and information technology. After the launch of its Beta Version on March 25th with the resulting increase in user demand, Masterseek's growing clout in the business group-buying and "daily deals" space helped ensure the company's listing on SecondMarket, according to knowledgeable observers.
Going forward, the listing of Masterseek stock shares on SecondMarket is expected to move the company one step closer to its eventual public offering, and the company's growth is expected to continue to be a leader in B2B technology.
For more information, please contact Investor Relations at [email protected].
Website Link: www.masterseek.com
SOURCE Masterseek
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