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Entrust Included on Russell 3000 Index
Jul 02, 2008 (08:07 AM EDT)
DALLAS, July 2 /PRNewswire-FirstCall/ -- Entrust, Inc. , a respected provider of solutions that secure digital identities and information, is now listed on the broad-market Russell 3000 Index after reconstitution on June 27. The addition to the Russell 3000 Index, which remains in place for one fiscal year, also includes Entrust in additional Russell indexes. The index is a trusted, proven barometer for businesses success, stock growth and investment forecasting for U.S.-based companies.
"We welcome the addition to the Russell 3000 Index, which is further validation to the worth of our products, solutions and services," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "We're pleased to be recognized as part of the rankings, and the added liquidity and exposure it provides will help Entrust reach a potentially larger shareholder base."
The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies, per market cap, which represent approximately 98 percent of the investable U.S. equity market. The index -- reconstituted annually to ensure new and growing equities are reflected -- is constructed to provide a comprehensive, unbiased and stable analysis of the broad market.
Russell provides the leading U.S. equity index family for institutional investors with more than $4.4 trillion in investment assets benchmarked against them. Russell's global indexes offer an objective and transparent way to accurately measure distinct segments of the global market. Approximately 10,000 companies -- or 98 percent of companies globally -- find their place in benchmarks set by various Russell indexes.
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. With nearly $213 billion in assets under management through March 2008, Russell serves individual, institutional and advisor clients in more than 40 countries. Russell provides access to some of the world's best money managers. It helps investors put this access to work in corporate defined benefit and defined contribution plans, and in the life savings of individual investors.
Founded in 1936, Russell is a subsidiary of Northwestern Mutual Life Insurance Company and headquartered in Tacoma, Wash. Russell has principal offices in Amsterdam, Auckland, Johannesburg, London, Melbourne, New York, Paris, San Francisco, Singapore, Sydney, Tokyo and Toronto.
Entrust [NASDAQ: ENTU] secures digital identities and information for consumers, enterprises and governments in more than 1,700 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization. These include SSL, authentication, fraud detection, shared data protection and e-mail security. For information, call 888-690-2424, e-mail firstname.lastname@example.org or visit .
Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited. All Entrust product names are trademarks or registered trademarks of Entrust, Inc. or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.
CONTACT: Investors, David Rockvam, Investor Relations, +1-972-713-5824, email@example.com, or Media, Brooke Hamilton, Media Relations,+1-972-713-5915, , both of Entrust, Inc.
Web site: http://www.entrust.com/