CAMD California Micro Devices Corp. (MM)

California Micro Devices Joins Russell 3000(R) Index MILPITAS, Calif., July 7 /PRNewswire-FirstCall/ -- California Micro Devices (NASDAQ:CAMD) today confirmed its inclusion in the Russell 3000(R) Index as of July 6, 2004. Closely followed by index fund managers and reconstituted annually by the Russell Investment Group, the Russell 3000 Index ranks the 3,000 largest U.S. stocks by total market capitalization. The largest 1,000 companies in the ranking form the Russell 1000(R) Index while the remaining 2,000 companies become the widely used Russell 2000(R) Index. "We're very pleased to be included in the Russell 3000 Index," said Robert V. Dickinson, president and CEO of California Micro Devices. "This reflects our improved financial performance and future prospects which have resulted from our hard work over the past three years. We believe it will facilitate our visibility among investors and provide an opportunity to broaden our shareholder base." He noted that Russell indexes are used as benchmarks for both passive and active investment strategies. Membership in Russell's 21 U.S. equity indexes is determined primarily by market capitalization rankings and style attributes. More than $360 billion is invested in index funds based on Russell's indexes and an additional $850 billion is benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index. About Russell Investment Group Russell Investment Group, a global leader in multi-manager investment services provides investment products and services in more than 35 countries. Russell manages more than $107 billion in assets and advises clients worldwide representing $1.8 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Washington, with additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo. For more information, go to http://www.russell.com/. About California Micro Devices Corporation California Micro Devices Corporation is a leading supplier of application specific analog semiconductor products for the mobile, computing and digital consumer markets. Key products include Application Specific Integrated Passive(TM) (ASIP(TM)) devices plus power management and interface ICs. Detailed corporate and product information may be accessed at http://www.calmicro.com/. NOTE: ASIP(TM) and Application Specific Integrated Passive(TM) are trademarks of California Micro Devices. All other trademarks are property of their respective owners DATASOURCE: California Micro Devices Corporation CONTACT: Greg Miller, Chief Financial Officer of California Micro Devices Corporation, +1-408-934-3144, or Web site: http://www.russell.com/ Web site: http://www.calmicro.com/

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