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Classified in: Business
Subjects: STOCK/OTHER MARKET NEWS, INITIAL PUBLIC OFFERINGS

Nasdaq Welcomes Okta, Inc. (Nasdaq: OKTA) to The Nasdaq Stock Market


NEW YORK, April 07, 2017 (GLOBE NEWSWIRE) -- Okta, Inc. (Nasdaq:OKTA), a leading independent provider of identity for the enterprise, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/3d59491b-8891-45b2-be47-b83f9b7579f6

http://www.globenewswire.com/NewsRoom/AttachmentNg/a5ad91c4-72fd-4d77-aaed-0814806be4b3

http://www.globenewswire.com/NewsRoom/AttachmentNg/37ddc9c1-1660-4d08-894a-5e5c815e85bb

The Okta Identity Cloud enables enterprises to securely connect people to technology, anywhere, anytime and from any device. Every business day, over two million people use Okta to access a wide range of cloud applications, websites, mobile applications and services from a multitude of devices. Workforces sign into Okta's platform to seamlessly access the applications they need to do their work. Organizations also use Okta's platform to provide their customers with more modern experiences online and to connect with partners to streamline their operations. Developers leverage Okta's platform to securely embed identity into their software.

?We founded Okta to enable any organization to use any technology, and we believe identity is the key to making that happen. The Okta Identity Cloud helps organizations effectively harness the power of cloud and mobile technologies by securing users and connecting them with the applications they rely on,? said Todd McKinnon, Chief Executive Officer and Co-Founder, Okta. ?Today's IPO on Nasdaq is an exciting milestone and underscores our long-term commitment to customer success and our great team.?

?Nasdaq is excited to welcome Okta to our family of leading and disruptive enterprise technology companies,? said Nelson Griggs, Executive Vice President, Head of Global Listings, Nasdaq. ?Cloud computing has been a momentous technological transformation for organizations of all sizes and across every industry. We are truly proud that Okta chose Nasdaq as its listing partner as the company continues to help organizations effectively harness the power of cloud.?

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 clients 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 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com.

- NDAQG -


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