CyberDefender Corporation to Join Russell Microcap Index
14 Juin 2011 - 2:30PM
CyberDefender Corporation (Nasdaq:CYDE), a leading provider of
remote technical support services and Internet security software
and utilities, today announced the company will join the Russell
Microcap® Index when Russell Investments reconstitutes its family
of U.S. indexes on June 24, according to a preliminary list of
additions posted June 10 on www.russell.com/indexes.
Annual reconstitution of Russell Indexes captures the 4,000
largest U.S. stocks as of the end of May, ranking them by total
market capitalization to create the Russell 3000® Index and Russell
Microcap. Russell indexes are widely used by investment managers
and institutional investors for index funds and as benchmarks for
both passive and active investment strategies. An industry-leading
$3.9 trillion in institutional assets currently are benchmarked to
them.
Membership in the Russell Microcap Index, which remains in place
for one year, means automatic inclusion in the appropriate growth
and value style indexes. Russell determines membership for its
equity indexes primarily by objective, market-capitalization
rankings and style attributes.
"Inclusion in the Russell Microcap index is a key opportunity
for our company to increase our exposure to the broader
institutional investment community," said Gary Guseinov, co-founder
and chief executive officer of CyberDefender. "We are pleased to
join this year and believe this added exposure will ultimately
benefit our stockholders."
More information on the Russell Microcap and other Russell
Indexes, including daily returns, is available at
http://www.russell.com/Indexes/data/default.asp.
About CyberDefender
CyberDefender is a leading provider of remote technical support
services as well as Internet security software and utilities. With
8.6 million active users on its cloud-based collaborative Internet
security network and more than 800,000 active paid subscriptions,
CyberDefender protects its customers from the rapidly growing
number of online threats through its suite of security and
optimization software as well as its LiveTech subscription-based
remote PC repair service. CyberDefender's team of more than 500
highly trained technicians and sales agents provide customers with
efficient, round the clock remote PC repair services. The company
develops and markets antispyware/antivirus software, PC
optimization software, online backup and identity protection
services. By combining remote live technical support and the
aforementioned software products, CyberDefender offers a complete
Internet security solution to consumers and small businesses.
CyberDefender directly markets its products and services to
consumers through television and radio via its MyCleanPC,
MaxMySpeed and DoubleMySpeed brands. CyberDefender products are
fully compatible with Microsoft Windows® XP, Vista®, and 7
Operating systems. All products are available at
www.cyberdefender.com. Investor relations information is available
at www.cyberdefendercorp.com.
The CyberDefender Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7874
About Russell
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
$161 billion in assets under management as of March 31 2011, and
serves individual, institutional and advisor clients in more than
35 countries. Founded in 1936, Russell is a subsidiary of The
Northwestern Mutual Life Insurance Company.
Forward Looking Statements
Statements in this public announcement that are not statements
of historical or current fact, including statements
regarding CyberDefender's joining the Russel Microcap® Index,
the impact of being a member of the Russell Microcap® Index upon
potential investors and CyberDefender's stockholders, and
CyberDefender's future business and financial results,
constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements
involve known and unknown risks, uncertainties and other unknown
factors that could cause CyberDefender's actual results to be
materially different from the historical results or from any future
results expressed or implied by such forward-looking statements.
Factors that could cause CyberDefender's results to be materially
different from the forward-looking statements include, but are not
limited to, whether CyberDefender will be able to find financing as
required and whether CyberDefender's revenues will eventually
exceed its expenses. The forward-looking statements also are
subject generally to other risks and uncertainties that are
described from time to time in CyberDefender's reports and
registration statements filed with the Securities and Exchange
Commission, which are available for review at
http://www.sec.gov/.
CONTACT: Marie Dagresto, Director
Public Relations:
PR@CyberDefender.com
Investor Relations:
IR@CyberDefender.com
IR Site: www.CyberDefenderCorp.com
Cyberdefender Corp. (MM) (NASDAQ:CYDE)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Cyberdefender Corp. (MM) (NASDAQ:CYDE)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024