Investools Inc. (MM) (NASDAQ:IEDU)
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INVESTools Inc. (Nasdaq:IEDU), the market leader in
fulfilling the lifelong education needs of self-directed investors,
today announced that it was added to the Russell 3000(R) Index, the
small-cap Russell 2000(R) Index, the Russell Microcap(TM) Index as
well as the appropriate growth and style indexes when Russell
Investment Group reconstituted its family of U.S. indexes effective on
June 30, 2006.
"We believe that INVESTools' inclusion in the Russell 3000,
Russell 2000 and Russell Microcap Indexes reflects another significant
milestone for our students and our shareholders," said Lee K. Barba,
Chairman and CEO. "Being a part of these indexes will provide greater
liquidity and increase the Company's visibility with investors and
institutions that rely on the Russell indexes as a part of their
investment strategy."
Annual reconstitution of Russell Indexes captures the 3,000
largest U.S. stocks as of May 31 of each year, ranking them by total
market capitalization to create the Russell 3000 Index. The largest
1,000 companies in the ranking comprise the Russell 1000(R) Index
while the remaining 2,000 companies become the widely used Russell
2000 Index. Russell determines membership for its equity indexes
primarily by objective, market capitalization rankings and style
attributes. Final index member lists for the 2006-2007 year, which
were effective on June 30, 2006, are posted on www.russell.com.
About INVESTools Inc.
INVESTools Inc. is a global leader in investor education. The
Company offers a full range of investor education products and
services that provide lifelong learning in a variety of delivery
formats, including instructor-led workshops, "at home" study programs,
personal training sessions and through the Web. Approximately 224,000
investors around the world have graduated from INVESTools investor
education programs. Visit the Company's Web site at
http://www.investools.com (http://www.investools.com/) for more
information regarding the INVESTools Method(TM).
About Russell
Russell, a global leader in multi-manager investment services,
provides investment products and services in 44 countries. Russell
manages more than $167 billion in assets and advises clients worldwide
representing $2.4 trillion. Founded in 1936, Russell is a subsidiary
of Northwestern Mutual and is headquartered in Tacoma, Wash., with
additional offices in New York, Toronto, London, Paris, Singapore,
Sydney, Auckland and Tokyo. For more information, go to
www.russell.com (http://www.russell.com/).
All statements in this press release that are not historical are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements may
be identified by words such as "believe", "intend," "expect", "may",
"could", "would", "will", "should", "plan", "project", "contemplate",
"anticipate", or similar statements. Because these statements reflect
the Company's current views concerning future events, these
forward-looking statements are subject to risks and uncertainties. The
Company has made every reasonable effort to ensure that the
information and assumptions on which these statements and projections
are based are current, reasonable, and complete. However, a variety of
factors could cause actual results to differ materially from the
projections, anticipated results or other expectations expressed in
this release, including, without limitation, the success of brand
development efforts and strategic alliances; demand for the Company's
products and services; the ability to compete effectively and adjust
to changing market conditions; inability to protect the Company's
proprietary technology; difficulties or delays in developing improved
products when expected or desired and with the additional features
contemplated or desired; the potential for intellectual property
infringement, warranty, product liability, and other claims; the
uncertainties associated with governmental regulation; the outcome of
pending litigation and other factors detailed from time to time in the
SEC reports of INVESTools Inc. The Company assumes no obligation to
publicly update or revise any forward-looking statements made herein
or any other forward-looking statements made by the Company, whether
as a result of new information, future events, or otherwise.