WaveDancer Announces Inclusion in Russell Microcap Index
June 21 2022 - 12:03PM
WaveDancer (NASDAQ: WAVD), today announced that it will be included
in the Russell Microcap® Index, effective after the U.S. market
opens on June 27, 2022, as part of the 2022 Russell indexes
reconstitution.
Membership in the Russell Microcap® Index, which
remains in place for one year, includes 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.
Russell indexes are widely used by investment
managers and institutional investors for index funds and as
benchmarks for active investment strategies. Approximately $12
trillion in assets are benchmarked against Russell’s US indexes.
Russell indexes are part of FTSE Russell, a leading global index
provider.
WaveDancer CEO Jamie Benoit commented, “We
expect our inclusion in the Russell Microcap Index to improve the
visibility of our company among investors as we continue to advance
our strategy of becoming a leader in blockchain-based secure supply
chain management, asset tracking and security.”
About WaveDancer
WaveDancer (www.wavedancer.com), headquartered
in Fairfax, Virginia, is a provider of zero trust software
solutions, specializing in secure blockchain supply chain
management (SCM), asset tracking and security. Our technologies are
deployed and being used to help organizations manage very complex
supply chain challenges. Initially developed to secure a complex
international supply chain for a global U.S. Government (USG)
national security organization, the technology has matured to
address multiple operational capabilities. Customers are using the
WaveDancer platform to gain unprecedented levels of accountability,
auditability, and predictability from their data, while giving
insights to their partners and suppliers through a controlled,
distributed ledger that is immutable and can be trusted by all
parties. The sophisticated blockchain technology is now available
to the entirety of the USG through GovCloud.
Additional information for
investors This release may contain forward-looking
statements regarding the Company's business, customer prospects, or
other factors that may affect future earnings or financial results.
Such statements involve risks and uncertainties which could cause
actual results to vary materially from those expressed in the
forward-looking statements. Investors should read and understand
the risk factors detailed in the Company's 10-K for the fiscal year
ended December 31, 2021 and in other filings with the Securities
and Exchange Commission.
For additional information contact:Jeremy
Hellman, CFAVice PresidentThe Equity Group(212)
836-9626jhellman@equityny.com
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