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| 8-K - CURRENT REPORT - root9B Holdings, Inc. | rtnb_8k.htm |
Exhibit
99.1
root9B Holdings Announces Uplisting to Nasdaq Capital
Market;
Stock to Commence Trading on December 21, 2016
Colorado Springs, CO – December 21,
2016 – root9B
Holdings, Inc. (NASDAQ:RTNB) (“Company”) today
announced that its common stock has been approved for listing on
the Nasdaq Capital Market, and will commence trading under the
symbol “RTNB” at the opening of trading on December 21,
2016.
“Uplisting to
NASDAQ is an important milestone in our history as a public
company, and a reflection of our ongoing commitment to create
long-term shareholder value,” said Joseph J. Grano, Jr.
Chairman and CEO of root9B Holdings.
“We believe
that trading on the Nasdaq Capital Market will help elevate our
profile, improve liquidity, and attract a broader range of
institutional investors,” said Dan Wachtler, President of
root9 Holdings. “This is increasingly important as we
continue to transition our business towards that of a pure-play
cybersecurity firm, focused on the operations of our wholly-owned
subsidiary root9B.”
“Many of the leading cybersecurity
firms are listed on Nasdaq and we welcome being traded with our
peers,” said Eric Hipkins,
root9B’s Chief Executive Officer. “For the past
12 months, root9B has been the #1 ranked cybersecurity firm in the
world according to Cybersecurity
Ventures. We are
excited to continue to bring our unique approach to Manned
Information Security and remote HUNT operations to clients around
the world.”
About root9B
Ranked
as the #1 Cybersecurity company for four consecutive quarters by
Cybersecurity
Ventures (Jan 2016), root9B stands in defiance of the
unwanted human presence within our clients' networks by attacking
the root of the problem—the adversary's ability to gain entry
and remain undetected. root9B's application of advanced technology
developed through cutting-edge R&D and engineering and refined
through relevant, hands-on training is revolutionary. root9B
combines next generation technology, tactics development, specialty
tools, and deep mission experience. root9B personnel leverage their
extensive backgrounds in the U.S. Intelligence Community to conduct
advanced vulnerability analysis, penetration testing, digital
forensics, incident response, Industrial Control System (ICS)
security, and Active Adversary Pursuit (HUNT) engagements on
networks worldwide. For more information, visit www.root9B.com.
About root9B Holdings, Inc.
root9B
Holdings is a leading provider of Cybersecurity and Regulatory Risk
Mitigation Services. Through its wholly owned subsidiaries root9B
and IPSA International, the Company delivers results that improve
productivity, mitigate risk and maximize profits. Its clients range
in size from Fortune 100 companies to mid-sized and owner-managed
businesses across a broad range of industries including local,
state and government agencies. For more information,
visit www.root9bholdings.com
Forward Looking Statements
Certain
information contained in this press release may include certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including statements
regarding the Company’s ongoing transition into cybersecurity
firm, the listing of the Company’s common stock on the Nasdaq
Capital Market, and the ability of the Company to attract
investors. These statements are based on the Company’s
current expectations or beliefs and are subject to uncertainty and
changes in circumstances. Actual results may vary materially from
those expressed or implied by the statements herein due to changes
in economic, business, competitive and/or regulatory factors, and
other risks and uncertainties affecting the operation of the
Company’s business. These risks, uncertainties and
contingencies are indicated from time to time in the
Company’s filings with the Securities and Exchange
Commission. The information set forth herein should be read in
light of such risks. Further, investors should keep in mind that
the Company’s financial results in any particular period may
not be indicative of future results. The Company is under no
obligation to, and expressly disclaims any obligation to, update or
alter its forward-looking statements, whether as a result of new
information, future events, changes in assumptions or
otherwise.
# # #
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Media Contact:
Andrew
Hoffman
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Investors:
Devin
Sullivan
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Zito
Partners
908-546-7447
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The
Equity Group Inc.
212-836-9608
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andrew@zitopartners.com
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dsullivan@equityny.com
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