BOCA RATON, Fla., June 19, 2018 /PRNewswire/ -- Celsius Holdings,
Inc. (the "Company" or "Celsius") (Nasdaq: CELH), maker of the
leading global fitness drink, CELSIUS®, is set to join the Russell
3000® Index and the Russell Microcap® Index at the conclusion of
the Russell US Indexes annual reconstitution, effective after the
US stock market opens on June 25,
according to a preliminary list of additions posted June 8.
Russell US Indexes are part of FTSE Russell, a leading global index
provider.
Annual Russell US Indexes reconstitution captures the 4,000
largest US stocks as of May 11,
ranking them by total market capitalization. Membership in the
Russell 3000® Index, which remains in place for one year, means
automatic inclusion in the large-cap Russell 1000® Index or
small-cap Russell 2000® Index as well as the appropriate growth and
value style indexes. Membership in the Russell Microcap® Index,
which also remains in place for one year, means automatic inclusion
in the appropriate growth and value style indexes. FTSE Russell
determines membership for its Russell US Indexes primarily by
objective, market-capitalization rankings and style attributes.
"It is extremely gratifying for Celsius to be included in the
Russell indexes," said John Fieldly,
President and Chief Executive Officer. "We believe this inclusion
reflects the increasing stockholder value we are creating and the
success we are achieving to broaden the distribution of our
products and grow our business."
Russell US Indexes are widely used by investment managers and
institutional investors as the basis for index funds and as
benchmarks for active investment strategies. Approximately
$9 trillion in assets are benchmarked
against Russell US Indexes.
For more information on the Russell Microcap® Index and the
Russell US Indexes reconstitution, go to the "Russell
Reconstitution" section on the FTSE Russell website available
at
http://www.ftserussell.com/index-series/index-resources/russell-reconstitution.
About FTSE Russell
FTSE 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
$16.2 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.
About Celsius Holdings, Inc.
Celsius Holdings, Inc. (Nasdaq: CELH), founded in April 2004, is a global company with a
proprietary, clinically proven formula for its brand CELSIUS®.
Celsius Holdings, Inc. has a corporate mission to become the global
leader of a branded portfolio consisting of proprietary, clinically
proven innovations which offer significant health benefits.
CELSIUS®' Original Line comes in eight delicious sparkling and
non-carbonated flavors in sleek 12oz cans and is also available in
single-serve powdered packets. CELSIUS®' Natural Line is
available in six refreshing flavors and the line is naturally
caffeinated and naturally sweetened.
New to the portfolio, trainer-grade CELSIUS HEAT™ offers an
additional 100mg of caffeine over CELSIUS®, to total 300mg per can,
and also contains 2,000mg of L-citrulline, a vasodilator. CELSIUS
HEAT™ is sold in 16oz cans and is available in seven carbonated
flavors. CELSIUS HEAT™ is a thermogenic pre-workout drink and
targets professional trainers, competitive athletes, the military
and first responders. CELSIUS HEAT™ was developed for those seeking
a trainer-grade version of CELSIUS® versus the Original Line, which
is sold in a smaller can package and appeals to the masses as an
active lifestyle brand.
CELSIUS® has zero sugar, no preservatives, no aspartame, no high
fructose corn syrup, and is non-GMO, with no artificial flavors or
colors. The CELSIUS® line of products is Certified Kosher and
Vegan. CELSIUS® is also soy and gluten free and contains very
little sodium. CELSIUS® is sold nationally at fitness clubs,
7-Eleven, Sprouts, The Fresh Market and key regional retailers such
as HEB, Publix, Winn-Dixie, Harris
Teeter, Shaw's, Food Lion, CVS and many others.
CELSIUS®' functional claims are backed by six published
university studies. The first study was conducted in 2005 and
additional studies from the University of
Oklahoma were conducted over the next five years. The
studies were published in peer-reviewed journals and validate the
unique benefits that CELSIUS® provides. For more information,
please visit www.celsiusholdingsinc.com.
Forward-Looking Statements
This press release may contain statements that are not
historical facts and are considered forward-looking within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements contain projections of Celsius'
future results of operations and/or financial position, or state
other forward-looking information. In some cases, you can identify
these statements by forward-looking words such as "anticipate,"
"believe," "could," "estimate," "expect," "intend," "may,"
"should," "will," "would," or similar words. You should not rely on
forward-looking statements since Celsius' actual results may differ
materially from those indicated by forward-looking statements as a
result of a number of important factors. These factors include, but
are not limited to: general economic and business conditions; our
business strategy for expanding our presence in our industry;
anticipated trends in our financial condition and results of
operation; the impact of competition and technology change;
existing and future regulations affecting our business; and other
risks and uncertainties discussed in the reports Celsius has filed
previously with the Securities and Exchange Commission. Celsius
does not intend to and undertakes no duty to update the information
contained in this press release.
Investor Relations:
Cameron Donahue
(651) 653-1854
cameron@haydenir.com
Media:
Megan Bell
Rosica Communications
(201) 843-5600
megan@rosica.com
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SOURCE Celsius Holdings, Inc.