Ellie Mae to Shift Common Stock to NYSE

""Ellie Mae, Inc.,"":http://www.elliemae.com/default.asp announced Thursday that it has received authorization to transfer its common stock to the New York Stock Exchange (NYSE).

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The Pleasanton, California-based mortgage network and software provider was given authorization from NYSE Regulation, Inc., to transfer the listing of its common stock from the NYSE MKT (formerly NYSE Amex), where it has traded since its initial public offering in April last year.

The company expects that its common stock will begin trading on or around June 5 under its current symbol, ""ELLI.""

Until Ellie Mae's common stock begins trading on the NYSE, it will remain on the NYSE MKT. June 4 is expected to be the common stock's last day for trading on the NYSE MKT.

The company sees the transition as a major step in its history.

""Trading on the New York Stock Exchange is an important milestone in our progress as a public company,"" said Ellie Mae CEO Sig Anderman.