Small-Cap Investor Forum

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Net Element, Inc. (NETE) Shares Surge following Prestigious Industry Recognition

Shares of Net Element climbed as much as 47% in Wednesday’s mid-day trade, a day after the payment processing innovator announced its inclusion to South Florida Business Journal’s Top 25 Fastest-Growing Technology Companies.

Net Element CEO Oleg Firer attributes the recognition to the company’s pattern of sustainable growth, as well as the diligence of corporate staff as the company moves toward deeper traction in its chosen markets.

“We are honored to be recognized for our consistent and strong growth,” Oleg Firer, CEO of Net Element stated in the news release. “This recognition is a testament to the hard work and dedication of the entire Net Element team as we continue to focus on powering global commerce and bringing disruptive technologies to our customers.”

The South Florida Business Journal selects companies for its annual list based on percentage growth over a two-year period. Each company honored with the 2016 Technology Award will be recognized at a formal event taking place October 13, 2016. The companies will also be listed in a special section of the Business Journal that will include coverage of the 2016 Technology Awards. For more information, visit http://www.bizjournals.com/southflorida.

Net Element is a global technology company delivering electronic payment solutions that enable merchants to process transactions through various integrated platforms. The company provides its services through a portfolio of operating companies with disruptive technologies in their respective fields. By tapping into large, relatively underserved markets, Net Element has a track record of impressive year-over-year growth, and continues to secure leading positions in select markets.

For more information, visit www.netelement.com