Ballantyne of Omaha is Added to the Russell Microcap Index.OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb. -- Ballantyne of Omaha, Inc. (Amex: BTN BTN In currencies, this is the abbreviation for the Bhutan Ngultrum. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), a manufacturer of motion picture projection and specialty lighting equipment, has been selected for inclusion in the Russell Microcap(TM) Index, produced by Frank Russell Frank Russell may refer to the following people:
The Russell family Russell family English Whig family. It first became prominent under the Tudors, when John Russell (died 1555) was created earl of Bedford (1549) for helping suppress a rebellion against the Protestant reforms of Edward VI. of U.S. indexes is designed to be a comprehensive representation of the U.S. equity market. These indexes are value-weighted and include only common stocks belonging to corporations incorporated in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and its territories. The Russell Microcap Index measures performance of the microcap segment, representing less than 3% of the U.S. equity market. The Russell Microcap Index includes the smallest 1,000 securities in the small-cap Russell 2000 Index Russell 2000 Index An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States. plus the next 1,000 securities. John P. Wilmers, President and Chief Executive Officer of Ballantyne, commented, "We are pleased to be included in the Russell Microcap Index, which we believe is a testament to our strong and consistent growth over the last few years. We also believe it reflects the benefits of listing our shares on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , which has given our company greater visibility and provided enhanced liquidity for our shareholders." About Ballantyne of Omaha Ballantyne is a leading U.S. supplier of commercial motion picture and specialty projection equipment utilized by major theater chains and location-based entertainment providers. The Company also manufactures specialty entertainment lighting products used at top arenas, television and motion picture production studios, theme parks and architectural sites around the world. Except for the historical information in this press release, it includes forward-looking statements that involve risks and uncertainties, including but not limited to, quarterly fluctuations in results; customer demand for the Company's products; the development of new technology for alternate means of motion picture presentation; domestic and international economic conditions; the management of growth; and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. Actual results may differ materially from management's expectations. |
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