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A.D.A.M. Added to Russell Microcap Index
ATLANTA-(Business Wire)-July 2, 2008 - A.D.A.M., Inc. (NASDAQ: ADAM), a leading provider of high-quality health information and benefits technology solutions, today announced it has been added to the Russell Microcap Index after the Russell Investment Group reconstituted its comprehensive set of U.S. and global equity indexes on June 27, 2008.
Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies. A.D.A.M. will hold its membership until Russell reconstitutes its indexes in June 2009.
"A.D.A.M.'s inclusion in the Russell Microcap Index reflects our continued commitment to building long-term shareholder value," said Kevin Noland, president and chief executive officer of A.D.A.M., Inc. "Russell is an industry leader for stock indexes, and we believe our inclusion will generate greater awareness in our stock among institutional investors."
The annual reconstitution of the Russell Microcap Index captures the 1,000 smallest U.S. stocks in the Russell 2000, plus the next 1,000 stocks as of the end of May.
About Russell Investment Group
Russell Investment Group aims to improve financial security for people by providing strategic advice, world-class implementation, state-of-the-art performance benchmarks, and a range of institutional-quality investment products. With more than $200 billion in assets under management, 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. Russell's indexes are unmanaged and cannot be investing in directly. For more information on Russell Indexes, go to www.russell.com.
About A.D.A.M.
A.D.A.M. (NASDAQ: ADAM) is a leading provider of high-quality health information and benefits technology solutions to healthcare organizations, employers, consumers, and educational institutions. With an industry-leading employee and HR benefits management platform and one of the largest consumer health information libraries in the world, A.D.A.M. empowers consumers to get smart about their health and wellness, while reducing the costs of healthcare and benefits administration. For more information, visit www.adam.com or call 1-800-408-ADAM.
Except for historical information, all of the statements, expectations and assumptions contained in this press release are forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results, performance or developments to differ materially. Factors that could affect the company's actual results, performance or developments include general economic conditions, development of the Internet as a source of health information, pricing actions taken by competitors, demand for the company's health information, the ability to realize the anticipated benefits of the acquisition, regulatory changes in laws and regulations that impact how the company conducts its business and the other factors described in A.D.A.M.'s filings with the SEC. A.D.A.M. disclaims any obligation or duty to update any of its forward-looking statements.
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