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Nasdaq Welcomes Impinj, Inc. to The Nasdaq Stock Market

NEW YORK, July 21, 2016 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Impinj, Inc. (Nasdaq:PI) commenced on The Nasdaq Stock Market on July 21, 2016.

Impinj is a leading provider of a RAIN RFID platform that delivers Item Intelligence, an item’s unique identity, location and authenticity, to enterprise and consumer applications through both hardware and software elements. The Impinj platform includes tag integrated circuits (ICs), reader ICs, readers and gateways, and software.

Impinj’s mission is to provide wireless connectivity for everyday items and to deliver Item Intelligence to the digital world. Impinj’s platform connects billions of everyday items such as apparel, medical supplies, automobile parts, drivers’ licenses, food and luggage to applications such as inventory management, patient safety, asset tracking and item authentication, delivering realtime information to businesses about items they create, manage, transport and sell.

“Impinj’s vision is digital life for everyday items,” said Chris Diorio, CEO and co-founder of Impinj. “We believe connecting everyday items and delivering real-time information about them is the essence of the Internet-of-Things, or IoT.”

“A variety of industries including retail, healthcare and manufacturing successfully use Impinj’s technology to deliver Item Intelligence for everyday items and solve critical business challenges,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “Impinj represents the core Nasdaq values – ambition, innovation, and disruption. We welcome Impinj to the home of the world’s premier technology companies and congratulate them on this significant milestone in their corporate evolution.”

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. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. 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 3,700 listed companies with a market value of approximately $9.3 trillion and more than 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

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Media Relations Contacts: William Briganti (646) 441-5012 william.briganti@nasdaq.com Emily Pan (646) 441-5120 emily.pan@nasdaq.com

Source:NASDAQ, Inc.