NEW YORK, July 15, 2015 (GLOBE NEWSWIRE) -- 6D Global Technologies, Inc. (NASDAQ:SIXD), a premier digital business solutions company listed on NASDAQ under stock symbol "SIXD," provided the following business updates today as the Company continues to operate its normal course of business:
6D Global Technologies, Inc. has noticed the recent high trading volatility in its common stock since SIXD joined four Russell indexes at the end of June 2015 including the Russell 2000®, Russell 3000®, Russell Global, and Russell Microcap®. Inclusion in these highly recognized global market indexes may cause both higher trading volume and increased price volatility, which often have no correlation to a Company's fundamental business performance.
6D Global Technologies, Inc. is operating its normal course of business and is not aware of any material corporate events that may have contributed to such high trading volatility in our common stock.
6D Global Technologies, Inc. is in close contact with officials at the NASDAQ market intelligence desk and will provide full cooperation that may closely review recent market participants and unusual market maker activities in their trading of SIXD common stock.
Mr. Tejune Kang, Chairman and CEO of 6D Global Technologies, Inc., commented: "The entire management team of 6D Global Technologies is committed to maximizing long term value for our shareholders. We are moving forward well in the execution of our business plan."
Mr. Tejune Kang will personally lead the Company's mergers and acquisitions efforts in replacement of Mr. Matthew Sullivan, who will pursue other opportunities in the not-for-profit sector.
Mr. Kang concluded: "6D Global Technologies is excited about our business progress as we continue to deliver results for our customers, employees and shareholders. We anticipate another year of continued growth in 2015."
About 6D Global Technologies, Inc.
6D Global Technologies, Inc. is a NASDAQ listed (stock symbol: SIXD) premier digital business solutions company serving the digital marketing and technology needs of enterprise-class organizations worldwide. 6D Global's common stock is included in four Russell Indexes including the Russell 2000®, Russell 3000®, Russell Global and Russell Microcap® Index. 6D Global Technologies' companies offer a full suite of services and solutions to help large organizations optimize digital business channels and create better experiences for their customers, resulting in increased revenue growth and market share. Services include web content management, web and marketing analytics, digital creative, marketing automation, mobile applications, digital publishing, marketing management, and business intelligence solutions. For more information, visit www.6DGlobal.com.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This press release includes forward-looking statements that are subject to numerous assumptions and a number of risks and uncertainties that could cause actual results or facts to differ materially from such statements for a variety of reasons including, but not limited to: industry conditions, changes in services, pricing and customer demand, competition, other vagaries in the global technology and marketing consulting markets, changes in relationships with key partners, risks related to the integration of acquired businesses, change in legal and regulatory matters, the company's ability to generate additional cash flow and the other risks described from time to time in the company's reports to the Securities and Exchange Commission (including the company's Form 10-K and Quarterly Reports on Form 10-Q). Forward-looking statements are those statements, which are not statements of historical fact. These forward-looking statements can be identified by forward-looking words such as "expects," "anticipates," "intends," "plans," "may," "will," "believes," "seeks," "estimates," and similar expressions. Shareholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company undertakes no obligation to update publicly or revise any of the forward-looking statements.