Digital Ally Added to FTSE Russell Microcap® Index
July 02 2019 - 2:04PM
Digital Ally, Inc. (NASDAQ: DGLY), which develops,
manufactures and markets advanced digital technology products for
law enforcement, homeland security and commercial security
applications, today announced that it was added to the FTSE Russell
Microcap® index yesterday at the conclusion of the 2019 FTSE
Russell annual index reconstitution, effective July 1.
“We are very pleased for Digital Ally to have
been added to the FTSE Russell Microcap® index,” commented Stan
Ross, CEO of Digital Ally. “The increased exposure, recognition,
and credibility of being part of the leading microcap index comes
at an ideal time as we continue to make strides in expanding our
business in established markets like law enforcement and in newer
lines including commercial and consumer applications.”
Membership in the FTSE 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, offering a global platform for increasing the Company’s
visibility and exposure to leading institutional investors
worldwide.
Russell indexes are widely used by global
investment managers and institutional investors for index funds and
as benchmarks for active investment strategies, with approximately
$9 trillion in assets benchmarked their US indexes. Russell 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
of the FTSE Russell website.
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 $16
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 derivatives.
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 its offering. FTSE Russell is wholly owned by London
Stock Exchange Group. For more information,
visit www.ftserussell.com.
About Digital Ally
Digital Ally®, headquartered in Lenexa, KS,
specializes in the design and manufacturing of the highest quality
video recording equipment and video analytic software. Digital Ally
pushes the boundaries of technology in industries such as law
enforcement, emergency management, commercial fleets, and consumer
use. Digital Ally’s complete product solutions include in-car and
body cameras, cloud and local management software, and automatic
recording technology. These products work seamlessly together and
are simple to install and operate. Digital Ally products are sold
by domestic direct sales representatives and international
distributors worldwide.
For additional news and information please visit
www.digitalallyinc.com or follow us on Twitter @digitalallyinc and
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Contact InformationStanton Ross, CEOTom
Heckman, CFODigital Ally, Inc913-814-7774
info@digitalallyinc.com
This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Act of 1934. These
forward-looking statements are based largely on the expectations or
forecasts of future events, can be affected by inaccurate
assumptions, and are subject to various business risks and known
and unknown uncertainties, a number of which are beyond contained
in this press release. A wide variety of factors that may cause
actual results to differ from the forward-looking statements
include, but are not limited to, the following: whether the
FTSE Russell Microcap Index will have an impact on the trade market
value or price on common stock. These cautionary statements should
not be construed as exhaustive or as any admission as to the
adequacy of the Company's disclosures. The Company cannot predict
or determine after the fact what factors would cause actual results
to differ materially from those indicated by the forward-looking
statements or other statements. The reader should consider
statements that include the words "believes", "expects",
"anticipates", "intends", "estimates", "plans", "projects",
"should", or other expressions that are predictions of or indicate
future events or trends, to be uncertain and forward-looking. The
Company does not undertake to publicly update or revise
forward-looking statements, whether as a result of new information,
future events or otherwise. Additional information respecting
factors that could materially affect the Company and its operations
are contained in its annual report on Form 10-K for the year ended
December 31, 2018, and in its Quarterly Report on Form 10-Q for the
three months ended March 31, 2019, as filed with the Securities and
Exchange Commission.
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