MILWAUKEE, April 7, 2014 (GLOBE NEWSWIRE) — ARI Network Services, Inc.
(Nasdaq:ARIS), an award-winning provider of data-driven software tools
and marketing services that help dealers, distributors and
manufacturers Sell More Stuff!(TM), will ring The NASDAQ Stock Market
Closing Bell on April 14, 2014, at the NASDAQ MarketSite in New York’s
Times Square.
“ARI is absolutely thrilled to be part of the NASDAQ family! Three
years ago, we implemented a plan to return to NASDAQ, and today we are
honored to commemorate the achievement of re-listing by formally
ringing the closing bell,” said Olivier. “I’d like to thank our
employees, our customers and our shareholders, whose continued support
and dedication has made this event possible. We look forward to a long
and rewarding relationship with NASDAQ for years to come.”
ARI has achieved 10 consecutive years of positive EBITDA and operating
cash flows, with 95% reoccurring revenue. The company’s focus is on
accelerating top-line growth through new and enhanced product
offerings, strategic acquisitions and expansion into additional
markets.
The NASDAQ Closing Bell ceremony will be webcast live on April 14
starting at 3:45 pm.
About ARI
ARI Network Services, Inc. (ARI) (Nasdaq:ARIS) offers an award-winning
suite of data-driven software tools and marketing services to help
dealers, equipment manufacturers and distributors in selected vertical
markets Sell More Stuff!(TM) — online and in-store. Our innovative
products are powered by a proprietary data repository of enriched
original equipment and aftermarket electronic content spanning more
than 10.5 million active part and accessory SKUs, 469,000 models and
$1.7 billion in retail product value. Business is complicated, but we
believe our customers’ technology tools don’t have to be. We remove the
complexity of selling and servicing new and used vehicle inventory,
parts, garments and accessories (PG&A) for customers in the automotive
tire and wheel aftermarket, powersports, outdoor power equipment,
marine, home medical equipment, recreational vehicles and white goods
industries. More than 22,000 equipment dealers, 195 distributors and
1,500 manufacturers worldwide leverage our web and eCatalog platforms
to Sell More Stuff!(TM) For more information on ARI, visit
investor.arinet.com.
