VERB Announces Inclusion in Russell Microcap® Index
July 06 2020 - 8:00AM
VERB Technology Company, Inc. (NASDAQ:
VERB) ("VERB" or the "Company"), a leader in
business-focused interactive video Livestream eCommerce and
Webinar, CRM, marketing, and sales enablement applications, has
today announced that it has been added to the Russell Microcap®
Index as part of the 2020 Russell indexes annual reconstitution.
Membership in the Russell Microcap® Index, which remains in
place for one year, means automatic inclusion in the appropriate
growth and value style indexes. FTSE Russell determines membership
for its Russell indexes primarily by objective,
market-capitalization rankings and style attributes.
“We are pleased to have earned our inclusion in the Russell
Microcap Index,” stated VERB CEO Rory J. Cutaia. “We expect
that this recognition, together with our other 2020 initiatives
will increase VERB’s exposure within the broader investment
community and provide an opportunity to expand our stockholder
base.”
The Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $9 trillion in assets
are benchmarked against Russell’s U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider.
For more information on the Russell indexes reconstitution, see
the “Russell Reconstitution” section on the FTSE Russell
website.
About VERBVERB Technology Company,
Inc. (NASDAQ: VERB) is a Software-as-a-Service, or SaaS,
applications platform developer. Our platform is comprised of a
suite of sales enablement business software products marketed on a
subscription basis. Our applications, available in both mobile and
desktop versions, are offered as a fully integrated suite, as well
as on a standalone basis, and include verbCRM, our Customer
Relationship Management application; verbLEARN, our Learning
Management System application; and verbLIVE, our Interactive
Livestream eCommerce and Video Webinar application.
Our suite of applications can be distinguished from other sales
enablement applications because our applications utilize our
proprietary interactive video technology as the primary means of
communication between sales and marketing professionals and their
customers and prospects. Moreover, the proprietary data collection
and analytics capabilities of our applications inform our users in
real time, on their device, when and for how long the prospects
watched the video, how many times they watched it, and what they
clicked-on, prompting the user to focus his or her time and efforts
on hot leads or interested prospects rather than on those that have
not seen the video or otherwise expressed interest in the content.
Users can create their hot lead lists by using familiar, intuitive
‘swipe left/swipe right’ on-screen navigation. Our clients report
that these capabilities provide for a much more efficient and
effective sales process, resulting in increased sales conversion
rates. We developed the proprietary patent-pending interactive
video technology, as well as several other patent-issued and
patent-pending technologies that serve as the unique foundation for
all of our platform applications.
With offices in California and Utah, we provide
subscription-based application services to approximately 100
enterprise clients for use in over 60 countries, in over 48
languages, which collectively account for a user base generated
through more than 1.4 million downloads of our verbCRM application.
Our technology is also being integrated into popular ERP, CRM, and
marketing platforms offered by third-party developers, including
Salesforce and Microsoft, among others. For more information,
please visit: verb.tech.
About FTSE RussellFTSE Russell is a leading
global index provider creating and managing a wide range of
indexes, data and analytic solutions to meet client needs across
asset classes, style and strategies. Covering 98% of the investable
market, FTSE Russell indexes offer a true picture of global
markets, combined with the specialist knowledge gained from
developing local benchmarks around the world.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $16
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create investment funds, ETFs,
structured products and index-based derivatives. FTSE Russell
indexes also provide clients with tools for asset allocation,
investment strategy analysis and risk management.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on index innovation and customer
partnership applying the highest industry standards and embracing
the IOSCO Principles. FTSE Russell is wholly owned by London Stock
Exchange Group.
For more information, visit
www.ftserussell.com.
Media Contact:855.250.2300,
ext.107info@verb.tech
Verb Technology (NASDAQ:VERB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Verb Technology (NASDAQ:VERB)
Historical Stock Chart
From Apr 2023 to Apr 2024