|By PR Newswire||
|January 29, 2014 04:00 AM EST||
SANTA CLARA, California, Jan. 29, 2014 /PRNewswire/ -- NSFOCUS Information Technology Co., Ltd., (SZSE:NSFOCUS, Stock Number: 300369), a leading provider of network security solutions, announced today its initial public offering of 21,150,000 shares of common stock at the proposed initial public offering price of RMB41 at the ShenZhen Stock Exchange ChiNext. The shares are expected to begin trading on the Shenzhen Stock Exchange ChiNext on January 29, 2014 (CST/GMT+8), under the symbol "NSFOCUS".
A registration statement relating to these securities has been declared effective by the ShenZhen Stock Exchange Commission.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Founded in 2000, NSFOCUS Information Technology Co., Ltd. (NSFOCUS) provides enterprise-level, carrier-grade solutions and services for distributed denial-of-service (DDoS) mitigation, Web security and enterprise-level network security. With more than 13 years of experience in DDoS research and development and mitigation,NSFOCUS has helped customers around the world maintain high levels of Internet security, website uptime and business operations to ensure that their online systems remain available. The NSFOCUS Anti-DDoS System (ADS) empowers customers to find and fend off a variety of incidents, from simple network-layer attacks to more sophisticated and potentially damaging application-layer attacks, all while guaranteeing legitimate traffic gets through to networks and corporate-critical systems. For more information, visit www.nsfocus.com.