AUSTIN, Texas, June 28, 2021 /PRNewswire/ -- Aviat Networks,
Inc. (NASDAQ: AVNW); was added as a member of the US small-cap
Russell 2000® Index, effective after
the US market opens on June 28, as
part of the 2021 Russell indexes reconstitution. Membership in the
Russell 2000® Index, which remains in place for one
year, is based on membership in the broad-market Russell
3000® Index. The stock also was
automatically added to the appropriate growth and value
"We are pleased to be included in the Russell 2000®
Index and Aviat welcomes the increased exposure as we continue to
execute our strategic and financial plan," said Keith Fanneron, Aviat Networks VP Global Finance
and Investor Relations. "Inclusion in this index benefits our
Company and shareholders by elevating our visibility."
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $10.6 trillion in assets are benchmarked against
Russell's US indexes. Russell indexes are part of FTSE Russell, a
leading global index provider.
For more information on the Russell 2000® Index and
the Russell indexes reconstitution, go to the "Russell
Reconstitution" section on the FTSE Russell website.
About Aviat Networks:
Aviat Networks, Inc. is the leading expert in wireless
transport solutions and works to provide dependable products,
services and support to its customers. With more than one million
systems sold into 170 countries worldwide, communications service
providers and private network operators including state/local
government, utility, federal government and defense organizations
trust Aviat with their critical applications. Coupled with a long
history of microwave innovations, Aviat provides a comprehensive
suite of localized professional and support services enabling
customers to drastically simplify both their networks and their
lives. For more than 70 years, the experts at Aviat have delivered
high performance products, simplified operations, and the best
overall customer experience. Aviat Networks is headquartered
in Austin, Texas. For more information,
visit www.aviatnetworks.com or connect with Aviat
Networks on Twitter, Facebook and LinkedIn.
Media Contact: Gary Croke, Aviat Networks,
Investor Contact: Keith Fanneron, VP Global Finance
and Investor Relations, email@example.com or
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide.
FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 70 countries,
covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately
$17.9 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 ETFs, structured products and index-based
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 applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com.
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SOURCE Aviat Networks, Inc.