HOUSTON, June 16, 2011 /PRNewswire/ -- Omega Protein
Corporation (NYSE: OME), a nutritional ingredient company that is
also the nation's leading producer of Omega-3 fish oil and
specialty fish meal products, today announced that it has been
selected to join the Russell 3000 Index® when the Russell
Investment Group reconstitutes its family of U.S. indexes on
June 24, 2011. Russell recently
posted a list of preliminary additions to its indexes on
www.russell.com.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for both
passive and active investment strategies. Investment managers who
oversee these funds purchase shares of member stocks according to
that company's weighting in the particular index.
Annual reconstitution of Russell indexes captures the 3,000
largest U.S. stocks as of the end of May, ranking them by total
market capitalization to create the Russell 3000. The largest 1,000
companies in the ranking comprise the Russell 1000 while the
remaining 2,000 companies become the widely used Russell 2000.
About Omega Protein
Omega Protein Corporation is a nutrition and wellness company
dedicated to delivering healthy products to the animal, human and
plant nutrition industries. Omega Protein's marine product
lines are sourced from menhaden, an Omega-3 rich fish harvested
along the Atlantic and Gulf coasts.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: The
statements contained in this press release that are not historical
facts are forward-looking statements that involve a number of risks
and uncertainties. Forward-looking information may be based
on projects, predictions and estimates. Some statements in
this press release may be forward-looking and use words like "may,"
"may not," "believes," "do not believe," "expects," "do not
expect," "anticipates," "do not anticipate," "see," "do not see,"
or other similar expressions. The actual results of future
events described in any of these forward-looking statements could
differ materially from those stated in the forward-looking
statements. Important factors that could cause actual results to be
materially different from those forward-looking statements include,
among others: (1) the Company's ability to meet its raw material
requirements through its annual menhaden harvest, which is subject
to fluctuations due to natural conditions over which the Company
has no control, such as varying fish population, fish oil yields,
adverse weather conditions, natural and other disasters and
disease; (2) the impact of laws and regulations that may be enacted
that may restrict the Company's operations or the sale of the
Company's products; (3) the impact of worldwide supply and demand
relationships on prices for the Company's products; (4) the
Company's expectations regarding demand and pricing for its
products proving to be incorrect; (5) fluctuations in the Company's
quarterly operating results due to the seasonality of the Company's
business and its deferral of inventory sales based on worldwide
prices for competing products; (6) the long-term effect of the
Deepwater Horizon oil spill on the Company's business, operations
and fish catch; and (7) the business, operations, potential or
prospects for the Company's subsidiary, Cyvex Nutrition, Inc., the
dietary supplement market or the human health and wellness segment
generally. Other factors are described in further detail in
Omega's filings with the Securities and Exchange Commission,
including its reports on Form 10-K, Form 10-Q and Form 8-K.
www.omegaproteininc.com
SOURCE Omega Protein Corporation