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Current | 2008 | 2007 | 2006 | 2005 | 2004CONSTANT CONTACT ADDED TO RUSSELL 2000 INDEX
Waltham, MA. - December 26, 2007
Constant Contact®, Inc (NasdaqGM: CTCT), a leading provider of on-demand email marketing and online surveys for small organizations, today announced that it has been added to the Russell 2000® Index, effective as of the close of business on December 21, 2007.
Membership in the Russell 2000, which remains in place for one year, includes automatic inclusion into the broader Russell 3000® Index as well as the appropriate growth and style indexes. Russell determines membership for its equity indexes primarily by objective, market capitalization rankings, and style attributes.
"We are very pleased to be part of the Russell 2000 Index following our successful IPO in the third quarter of 2007," said Gail Goodman, CEO, Constant Contact. "Our inclusion in this widely-referenced small cap index will help increase our visibility to a larger group of institutional investors and index funds."
Russell Indexes are often referenced by investment managers and institutional investors for index funds and are used as benchmarks for both passive and active investment strategies. Inclusion in the various Russell Indexes is determined by market capitalization. Russell weights members of each index by float-adjusted market capitalization and explicitly excludes "locked-up" shares from IPO weights. As IPOs are added each quarter, Russell does not delete current members to make room, but fully reconstitutes each index annually at the end of the second quarter.
The annual reconstitution of the Russell Indexes captures the 3,000 largest U.S. stocks, ranking them by total market capitalization to create the Russell 3000. The largest 1,000 companies in the ranking comprise the Russell 1000®, while the remaining 2,000 companies become the extensively-used Russell 2000.
About Constant Contact, Inc.
Constant Contact is a leading provider of on-demand email marketing and online survey solutions for small businesses, nonprofits, and associations. Launched in 1998, Constant Contact has more than 150,000 customers worldwide today. To learn more, please visit www.constantcontact.com or call (781) 472-8100.
About Russell Investments
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has more than $231 billion in assets under management as of Sept. 30, 2007, and serves individual, institutional and advisor clients in more than 40 countries. Russell's industry-leading indexes have $4.4 trillion in assets benchmarked to them. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company. Headquartered in Tacoma, Wash., Russell has additional offices in Amsterdam, Auckland, Hong Kong, Johannesburg, London, Melbourne, New York, Paris, San Francisco, Singapore, Sydney, Tokyo and Toronto.
Constant Contact is a registered trademark and the Constant Contact Logo is a trademark of Constant Contact, Inc. All other company names may be trademarks or service marks of their respective owners.
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Kevin Mullins
Constant Contact 781-472-6206 kmullins@constantcontact.com |
