SAN DIEGO, June 25, 2018 /PRNewswire/ -- RF INDUSTRIES,
LTD, (NASDAQ: RFIL), a national manufacturer and marketer of
interconnect products and systems, announced today that it was
added as a member of the Russell Microcap® Index,
effective after the US market opens on June
25, as part of the 2018 Russell indexes 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 that RF Industries has been selected for
inclusion in the Russell Microcap® Index. We believe inclusion in
this index will contribute to additional investor awareness and
will provide us a platform to communicate our core values and
strategies for long-term growth," stated Robert Dawson, President and CEO of RF
Industries.
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. Russell US Indexes are part of FTSE
Russell, a leading global index provider.
For more information on the Russell Microcap® Index
and the Russell indexes reconstitution, go to the "Russell
Reconstitution" section on the FTSE Russell website.
About RF Industries
RF Industries designs and manufactures a broad range of
interconnect products across diversified, growing markets including
wireless/wireline telecom, data communications and industrial. The
Company's products include RF connectors, coaxial cables, wire
harnesses, fiber optic cables, custom cabling and data center
equipment. The Company is headquartered in San Diego, California with operations in
New York, Connecticut and New Jersey. Please visit
the RF Industries website at www.rfindustries.com.
Forward-Looking Statements
This press release contains forward-looking statements with
respect to future events, including higher sales, increased future
demand for the Company's products, and improved profitability,
which are subject to a number of factors that could cause actual
results to differ materially. Factors that could cause or
contribute to such differences include, but are not limited to:
changes in the telecommunications industry; the Company's reliance
on certain distributors for a significant portion of anticipated
revenues; the Company's ability to execute on its new go-to-market
strategies and channel models; its ability to expand its OEM
relationships; its ability to continue to deliver newly designed
and custom fiber optic and cabling products to principal customers;
and its ability to address the changing needs of the market.
Further discussion of these and other potential risk factors may be
found in the Company's public filings with the Securities and
Exchange Commission (www.sec.gov) including its Form
10-K. All forward-looking statements are based upon
information available to the Company on the date they are published
and the Company undertakes no obligation to publicly update or
revise any forward-looking statements to reflect events or new
information after the date of this release.
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SOURCE RF Industries, Ltd.