Chyron Corporation
Chyron Included in the Russell Microcap Index
Monday 28 June 2010
MELVILLE, N.Y., June 28 /PRNewswire-FirstCall/ -- Chyron (Nasdaq:CHYR - News), a leading provider of digital video graphics solutions for On Air, Online, Out of Home and Mobile applications, today announced that it has been included in the Russell Microcap Index. The final 2010 reconstitution of the Russell Indexes took place after the market closed on June 25, 2010.
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Membership in the Russell Microcap Index, 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.
"Chyron's inclusion in the Russell Microcap Index raises our awareness in the investment community and validates the solid fundamentals of our Company," said Michael Wellesley-Wesley, CEO of Chyron. "We are pleased to have been included as we believe it reflects the progress we have made over the past year."
Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. The Russell Microcap Index comprises the smallest 1,000 securities in the Russell 2000® Index, plus the next 1,000 companies, based on a ranking of all
About Russell
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $179 billion in assets under management as of March 31, 2010, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.
About Chyron
As a pioneer of Graphics as a Service for digital video media Chyron continues to define the world of digital and broadcast graphics with Web,