Luna Innovations Added to Russell Microcap Index
09 Julho 2008 - 9:30AM
Business Wire
Luna Innovations Incorporated (NASDAQ:LUNA), a developer of
sensing, instrumentation and nanomedicine technologies and
products, today announced it has been added to the Russell Microcap
Index after the Russell Investment Group reconstituted its
comprehensive set of U.S. and global equity indexes on June 27,
2008. According to the Russell Investment Group, the Russell
indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for passive and active
investment strategies. Membership in the Russell Microcap, which
remains in place for one year, means automatic inclusion in the
appropriate growth and value style indexes. Russell determines
membership for its equity indexes primarily by objective,
market-capitalization rankings and style attributes. �Luna�s
inclusion in the Russell Microcap Index reflects our continued
commitment to building long-term shareholder value,� said Kent
Murphy, Chairman and Chief Executive Officer at Luna. �Russell is
an industry leader for stock indexes, and we believe our addition
to this index will further enhance our visibility among
institutional investors.� The Russell Microcap Index measures the
performance of the microcap segment of the U.S. equity market. It
includes 1,000 of the smallest securities in the small-cap Russell
2000� Index based on a combination of their market cap and current
index membership as well as the next 1,000 securities below the
index. Total returns data for the Russell Microcap and other
Russell Indexes is available at
http://www.russell.com/Indexes/performance/daily_total_returns_us.asp.
About Luna Innovations: Luna Innovations Incorporated
(www.lunainnovations.com) develops and manufactures new-generation
products for the healthcare, telecommunications, energy and defense
markets. Our products are used to measure, monitor, protect and
improve critical processes in the markets we serve. Through its
disciplined commercialization business model, Luna has become a
recognized leader in transitioning science to solutions. Luna is
headquartered in Roanoke, Virginia. About Russell: Russell
Investments aims to improve financial security for people by
providing strategic advice, world-class implementation,
state-of-the-art performance benchmarks, and a range of
institutional-quality investment products. With more than $213
billion in assets under management, Russell serves individual,
institutional and advisor clients in more than 40 countries.
Russell provides access to some of the world�s best money managers.
It helps investors put this access to work in corporate defined
benefit and defined contribution plans, and in the life savings of
individual investors. Founded in 1936, Russell is a subsidiary of
Northwestern Mutual Life Insurance Company. Headquartered in
Tacoma, Wash., U.S., Russell has principal offices in Amsterdam,
Auckland, Hong Kong, Johannesburg, London, Melbourne, New York,
Paris, San Francisco, Singapore, Sydney, Tokyo and Toronto. Forward
Looking Statements: This release includes information that
constitutes �forward-looking statements� made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995, including statements regarding, but not limited to: Luna's
ability to achieve long-term shareholder value. Statements that
describe the Company�s business strategy, goals, prospects,
opportunities, outlook, plans or intentions are also forward
looking statements. Actual results may differ materially from the
expectations expressed in such forward-looking statements as a
result of various factors, including risks and uncertainties set
forth in the company�s periodic reports and other filings with the
Securities and Exchange Commission. Such filings are available at
the SEC�s website at http://www.sec.gov, and at the company�s
website at http://www.lunainnovations.com. The statements made in
this release are based on information available to the company as
of the date of this release and Luna Innovations undertakes no
obligation to update any of the forward-looking statements after
the date of this release.
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