NTN Communications Joins Russell Microcap Index
NTN Communications Joins Russell Microcap Index
CARLSBAD, Calif., June 30 /PRNewswire-FirstCall/ -- NTN COMMUNICATIONS, INC. (AMEX:NTN), a leader in interactive communications and entertainment products for the home and for the hospitality industry, was informed today that it was added to the Russell Microcap(TM) Index when Russell Investment Group reconstituted its family of U.S. indexes on June 24. Russell recently posted a membership list for the Russell Microcap at www.russell.com/US/Indexes.
"We are very pleased to have earned a position in the Russell Microcap Index, which should bring us greater visibility and recognition regarding our performance and exciting growth initiatives," commented Stanley B. Kinsey, Chairman and Chief Executive Officer.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. More than $2.5 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index.
About NTN Communications
Based in Carlsbad, CA, NTN Communications, Inc. is the parent corporation of the NTN Hospitality Technologies(TM) segment and Buzztime Entertainment, Inc., a subsidiary. The NTN Hospitality Technologies segment, which focuses on the out-of-home hospitality industries, is comprised of the NTN interactive Television (iTV) Network, NTN Wireless Communications, Inc., and NTN Software Solutions, Inc. Buzztime Entertainment, Inc. produces Buzztime(R), the play-along games channel, live sports prediction games such as QB1(R) and many other games that allow one or many players to participate. In addition to the NTN iTV Network, Buzztime's games are available on cable TV, satellite TV, mobile phones and plug-n-play home versions. For more information, please see www.ntn.com.
About Russell
Russell, a global leader in multi-manager investment services, provides investment products and services in more than 39 countries. Russell manages more than $135 billion in assets and advises clients worldwide representing $2.3 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.
CONTACT: Andy Wrobel Chief Financial Officer NTN Communications, Inc. (888) 752-9686 x 1177 andy.wrobel@ntn.com
Source: NTN Communications, Inc.
CONTACT: Andy Wrobel, Chief Financial Officer of NTN Communications, Inc., +1-888-752-9686, ext. 1177, andy.wrobel@ntn.com
Web site: http://www.ntn.com/ http://www.russell.com/US/Indexes
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