BioSig Tech. (BSGM) & Electrophysiology Sector - Russell PR - BioSig Tech. (BSGM) & Electrophysiology Sector - InvestorVillage
BioSig Tech. (BSGM) & Electrophysiology Sector
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Msg  179 of 271  at  6/10/2019 9:29:06 AM  by

CHM_760


Russell PR

BioSig Technologies Set to Join Russell 3000® Index

 

Santa Monica, CA, June 10, 2019 (GLOBE NEWSWIRE) -- BioSig Technologies, Inc. (NASDAQ: BSGM), a medical device company developing a proprietary biomedical signal processing platform designed to address an unmet technology need for the electrophysiology (EP) marketplace, today announced that the company is set to join the broad-market Russell 3000® Index at the conclusion of the 2019 Russell indexes annual reconstitution, effective after the US market opens on July 1, 2019 according to a preliminary list of additions posted June 7, 2019.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.  For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

“BioSig’s inclusion to the Russell 3000® is a testament to the dedication, commitment and accomplishments of our staff, management team and Board of Directors,” said Mr. Kenneth L. Londoner, Founder, Chairman and CEO of BioSig Technologies, Inc. “Our incorporation to this index underscores the fundamental health of the company, and will enhance our visibility to wider class of investors, fund managers and analysts. We look forward to introducing our compelling story to a larger audience, as we continue to deliver strong results on our proprietary biomedical signal processing platform and move our PURE EP™ System towards commercialization.”

FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 10, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.


 


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