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Photo Release -- Nasdaq Welcomes AppFolio, Inc. to the Nasdaq Stock Market

NEW YORK, June 26, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of AppFolio, Inc. (Nasdaq:APPF), a leading provider of cloud-based vertical business management software, commenced on The Nasdaq Stock Market on June 26, 2015.

AppFolio, Inc. (Nasdaq: APPF), a provider of cloud-based vertical business management software, opened for trading on The Nasdaq Stock Market on June 26, 2015.


A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=34098

Headquartered in Santa Barbara, California, AppFolio, Inc. provides industry-specific, cloud-based software solutions used by over ten thousand small and medium-sized businesses in the property management and legal industries. AppFolio's platform is designed to be the system of record to automate essential business processes and the system of engagement to enhance business interactions between AppFolio customers and their clients and vendors.

"AppFolio, Inc. is bringing cloud-based solutions, often reserved for large enterprises, to SMBs in specific industries and really transforming the way they operate and grow their businesses," said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. "We are proud to welcome AppFolio to our family of innovative companies, and we look forward to supporting its growth and success in the future."

By listing on Nasdaq, AppFolio, Inc. joins many of the world's largest and most revolutionary companies. Nasdaq is the exchange of choice for 72 percent of technology companies that have listed on the U.S. markets.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq:

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

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CONTACT: Media Relations Contacts: Will Briganti (646) 441-5012 william.briganti@nasdaq.com

Source:The NASDAQ OMX Group, Inc.