INVESTools Announces Addition to Russell 3000, 2000 and Microcap Indexes
July 05 2006 - 7:30AM
Business Wire
INVESTools Inc. (Nasdaq:IEDU), the market leader in fulfilling the
lifelong education needs of self-directed investors, today
announced that it was added to the Russell 3000(R) Index, the
small-cap Russell 2000(R) Index, the Russell Microcap(TM) Index as
well as the appropriate growth and style indexes when Russell
Investment Group reconstituted its family of U.S. indexes effective
on June 30, 2006. "We believe that INVESTools' inclusion in the
Russell 3000, Russell 2000 and Russell Microcap Indexes reflects
another significant milestone for our students and our
shareholders," said Lee K. Barba, Chairman and CEO. "Being a part
of these indexes will provide greater liquidity and increase the
Company's visibility with investors and institutions that rely on
the Russell indexes as a part of their investment strategy." Annual
reconstitution of Russell Indexes captures the 3,000 largest U.S.
stocks as of May 31 of each year, ranking them by total market
capitalization to create the Russell 3000 Index. The largest 1,000
companies in the ranking comprise the Russell 1000(R) Index while
the remaining 2,000 companies become the widely used Russell 2000
Index. Russell determines membership for its equity indexes
primarily by objective, market capitalization rankings and style
attributes. Final index member lists for the 2006-2007 year, which
were effective on June 30, 2006, are posted on www.russell.com.
About INVESTools Inc. INVESTools Inc. is a global leader in
investor education. The Company offers a full range of investor
education products and services that provide lifelong learning in a
variety of delivery formats, including instructor-led workshops,
"at home" study programs, personal training sessions and through
the Web. Approximately 224,000 investors around the world have
graduated from INVESTools investor education programs. Visit the
Company's Web site at http://www.investools.com
(http://www.investools.com/) for more information regarding the
INVESTools Method(TM). About Russell Russell, a global leader in
multi-manager investment services, provides investment products and
services in 44 countries. Russell manages more than $167 billion in
assets and advises clients worldwide representing $2.4 trillion.
Founded in 1936, Russell is a subsidiary of Northwestern Mutual and
is headquartered in Tacoma, Wash., with additional offices in New
York, Toronto, London, Paris, Singapore, Sydney, Auckland and
Tokyo. For more information, go to www.russell.com
(http://www.russell.com/). All statements in this press release
that are not historical are forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements may be identified by words such as
"believe", "intend," "expect", "may", "could", "would", "will",
"should", "plan", "project", "contemplate", "anticipate", or
similar statements. Because these statements reflect the Company's
current views concerning future events, these forward-looking
statements are subject to risks and uncertainties. The Company has
made every reasonable effort to ensure that the information and
assumptions on which these statements and projections are based are
current, reasonable, and complete. However, a variety of factors
could cause actual results to differ materially from the
projections, anticipated results or other expectations expressed in
this release, including, without limitation, the success of brand
development efforts and strategic alliances; demand for the
Company's products and services; the ability to compete effectively
and adjust to changing market conditions; inability to protect the
Company's proprietary technology; difficulties or delays in
developing improved products when expected or desired and with the
additional features contemplated or desired; the potential for
intellectual property infringement, warranty, product liability,
and other claims; the uncertainties associated with governmental
regulation; the outcome of pending litigation and other factors
detailed from time to time in the SEC reports of INVESTools Inc.
The Company assumes no obligation to publicly update or revise any
forward-looking statements made herein or any other forward-looking
statements made by the Company, whether as a result of new
information, future events, or otherwise.
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