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RF Industries added to the Russell Microcap® Index

News Provided by PR Newswire2018-06-25
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RF Industries added to the Russell Microcap® Index

 
[25-June-2018]
 

SAN DIEGO, June 25, 2018 /PRNewswire/ -- RF INDUSTRIES, LTD, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, announced today that it was added as a member of the Russell Microcap® Index, effective after the US market opens on June 25, as part of the 2018 Russell indexes reconstitution.

Membership in the 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.

"We are pleased that RF Industries has been selected for inclusion in the Russell Microcap® Index. We believe inclusion in this index will contribute to additional investor awareness and will provide us a platform to communicate our core values and strategies for long-term growth," stated Robert Dawson, President and CEO of RF Industries.

Russell US Indexes are widely used by investment managers and institutional investors as the basis for index funds and as benchmarks for active investment strategies.  Approximately $9 trillion in assets are benchmarked against Russell US Indexes. Russell US 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 on the FTSE Russell website.

About RF Industries
RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's products include RF connectors, coaxial cables, wire harnesses, fiber optic cables, custom cabling and data center equipment.  The Company is headquartered in San Diego, California with operations in New York, Connecticut and New Jersey.  Please visit the RF Industries website at www.rfindustries.com.

Forward-Looking Statements
This press release contains forward-looking statements with respect to future events, including higher sales, increased future demand for the Company's products, and improved profitability, which are subject to a number of factors that could cause actual results to differ materially.  Factors that could cause or contribute to such differences include, but are not limited to: changes in the telecommunications industry; the Company's reliance on certain distributors for a significant portion of anticipated revenues; the Company's ability to execute on its new go-to-market strategies and channel models; its ability to expand its OEM relationships; its ability to continue to deliver newly designed and custom fiber optic and cabling products to principal customers; and its ability to address the changing needs of the market.  Further discussion of these and other potential risk factors may be found in the Company's public filings with the Securities and Exchange Commission (www.sec.gov) including its Form 10-K.  All forward-looking statements are based upon information available to the Company on the date they are published and the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or new information after the date of this release.

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/rf-industries-added-to-the-russell-microcap-index-300671317.html

SOURCE RF Industries, Ltd.


Company Codes: NASDAQ-NMS:RFIL


© 2018 PR Newswire. All Rights Reserved.

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The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.


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