Kofax Added to Russell Indexes
July 01 2014 - 3:00AM
Business Wire
Kofax® Limited (NASDAQ and LSE: KFX), a leading provider of
smart process applications for the business critical First Mile™ of
customer interactions, today announced that it has been added to
the Russell 2000® & Russell 3000® Indexes. This inclusion
resulted from the annual reconstitution of the Russell family of
indexes that took place on June 27, 2014 following the close of
U.S. markets, and the Company believes it caused the high level of
trading volume on NASDAQ that day.
The Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Membership in the Russell 3000®,
which remains in place for one year, means automatic inclusion in
the large-cap Russell 1000® Index or small-cap Russell 2000 Index
as well as the appropriate growth and value style indexes. Russell
determines inclusion in its indexes primarily by objective, market
capitalization rankings and company attributes. The Russell 3000
also serves as the U.S. component for the Russell Global Index.
About Kofax
Kofax is a leading provider of smart process applications for
the business critical First Mile of customer interactions. These
begin with an organization’s systems of engagement, which generate
real time, information intensive communications from customers, and
provide an essential connection to their systems of record, which
are typically large scale, rigid enterprise applications and
repositories not easily adapted to more contemporary technology.
Success in the First Mile can dramatically improve an
organization’s customer experience and greatly reduce operating
costs, thus driving increased competitiveness, growth and
profitability. Kofax software and solutions provide a rapid return
on investment to more than 20,000 customers in financial services,
insurance, government, healthcare, business process outsourcing and
other markets. Kofax delivers these through its own sales and
service organization, and a global network of more than 800
authorized partners in more than 75 countries throughout the
Americas, EMEA and Asia Pacific. For more information, visit
kofax.com.
© 2014 Kofax Limited. Kofax is a registered trademark and First
Mile is a trademark of Kofax Limited. All other registered
trademarks are the property of their respective owners.
Source: Kofax
Media Contact:Colleen Edwards, +1 949-783-1582Vice
President, Corporate
Communicationscolleen.edwards@kofax.comorInvestor
Contacts:MKR Group Inc.Todd Kehrli, +1
323-468-2300kfx@mkr-group.comorFTI ConsultingSophie McMillan, +44
(0) 20 7831 3113kofax@fticonsulting.com
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