ZetaDisplay has been approved for a listing on NASDAQ OMX First North Premier. The first day of trading will be on 4th April 2011. Before the listing the company will launch a new share issue of € 2.8 M (SEK 25M), aimed at a number of major investors.

“We are convinced that the market for Digital Signage will continue to show strong growth in the next few years. The listing of ZetaDisplay shares improves the possibility of expansion, both in existing and new markets, by increasing our visibility and strengthening confidence in the company. Having liquid shares that can be used as a means of payment for acquisitions and access to the capital market are also good reasons for a listing. This should also be seen as a step towards a main market listing on NASDAQ OMX Stockholm,” says CEO Leif Liljebrunn.

The Malmö (Sweden)- based Digital Signage company, with subsidiaries in Denmark, Finland and Norway, has posted a 2010 turnover of over € 5.6 M (SEK 50 M), a 64% growth compared with the previous year. It has almost 40 employees and counts as clients ICA, Euromaster, Alko, Volkswagen, Shell, KotiPizza, Carlsberg, Team Sportia, SJ, Panasonic and Bilia, among others.