Matthews Studio Equipment Group has been accepted for listing on the small-cap Nasdaq market, the company has announced. Nationally listed on the main Nasdaq since 1989, the company saw an advantage in moving to the small-cap market and being compared with companies of comparable size, executives said.
"We were competing with Microsoft," said director of marketing Bret Weeks. "We were small fish in a big pond."
The Burbank-based company supplies lighting and grip equipment, professional video and audio equipment, and theatrical equipment and supplies to entertainment producers.