Acacia Research Named to Russell 2000 and Russell 3000 Indices.Business Editors PASADENA, Calif.--(BUSINESS WIRE)--July 14, 2000 Acacia acacia (əkā`shə), any plant of the large leguminous genus Acacia, often thorny shrubs and trees of the family Leguminosae (pulse family). Research Corporation (Nasdaq/NMS:ACRI) announced today it has been named to the Russell 2000(R) and Russell 3000(R) Indices. These leading small cap indexes are used by investment firms employing an indexing strategy in their investment portfolio. Acacia Research's inclusion in the Russell 2000(R) and Russell 3000(R) Indices makes it possible for the company to be included in those portfolios using the Indices as a benchmark for their investments. Frank Russell Frank Russell may refer to the following people:
The Russell 3000(R) Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization Total Market Capitalization The total market value of all of a firm's outstanding securities. while the Russell 2000(R) Index measures the performance of the 2,000 smallest companies in the Russell 3000(R) Index. Index membership is effective July 1, 2000 and remains in place for one year. About Acacia Research Corporation Acacia Research develops and operates technology and Internet companies. Acacia Research's majority-owned subsidiaries majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. include: CombiMatrix Corporation (biochip biochip Small-scale device, analogous to an integrated circuit, constructed of or used to analyze organic molecules associated with living organisms. One type of theoretical biochip is a small device constructed of large organic molecules, such as proteins, and capable of technology), Soundbreak.com Incorporated (music broadcast and lifestyle Internet site), Soundview Technologies Incorporated (v-chip technology) and MerkWerks Corporation (CD-recording software). Significant minority-owned affiliates include: The EC Company (b2b commerce solutions), Mediaconnex Communications Incorporated (software solutions for broadcast advertising transactions), Greenwich Information Technologies LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (video- and audio-on-demand technology), and Signature-mail.com LLC (e-mail personalization service). Acacia Research's website is located at www.acaciaresearch.com. |
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