TEL AVIV, Israel and NEW YORK, March 13, 2011 /PRNewswire/ -- LivePerson, Inc. , a leading provider of online, real-time intelligent engagement solutions, announced today that trading of its common stock has commenced on the Tel Aviv Stock Exchange ("TASE") under the ticker symbol [LPSN]. LivePerson's common stock will continue to be listed on the NASDAQ Capital Market in the United States, and LivePerson will remain subject to the rules and regulations of NASDAQ and of the U.S. Securities and Exchange Commission.
"We are very pleased to welcome LivePerson, a high-end Software-as-a-Service provider, to the Tel Aviv Stock Exchange, where the company joins an increasing number of dual-listed high-tech companies," said Ester Levanon, CEO of the Tel Aviv Stock Exchange. "The TASE is the home of Israel's innovative and growing companies. LivePerson joins some 140 high-tech listed companies, which reflects the strong position of the Tel-Aviv Stock Exchange in the high-tech and biotech industries."
"We are very happy to join the TASE with a dual listing," said Robert LoCascio, LivePerson's CEO. "LivePerson has had a strong connection to the Israeli technology community since we acquired hosted software provider, HumanClick, Ltd. in 2000. Today, LivePerson has more than 300 employees in its Israel office, which is home to the company's technology and customer support operations. We view our listing on TASE as a logical extension of our strong presence in Israel and our connection to its vibrant technology sector."