Bidz.com, Inc. Scheduled to Be Added to the Russell 3000 Index.CULVER CITY Culver City, city (1990 pop. 38,793), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1917. It is a center of the U.S. motion-picture industry, whose roots in the city date to c.1915. Its chief manufactures are rubber products and computers. , Calif. -- Bidz.com (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BIDZ), a leading online auctioneer of jewelry, announced today that according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a preliminary membership list issued on June 13, 2008, it is set to join the Russell 3000 Index The Russell 3000 Index is a stock market index of US stocks. The ticker is "RUA" or similar. See Russell Indexes page for main discussion. See also the iShares Russell 3000. when Russell Investments reconstitutes the index after the market close on June 27, 2008. The Russell 3000 Index is market cap weighted and measures the performance of the largest 3000 common stocks 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 index was constructed to provide a comprehensive barometer of the broad market. It is reconstituted annually to capture new and growing equities. "The addition of Bidz.com to the Russell 3000 Index represents another milestone in our company's short 10-year history," said David Zinberg, Chief Executive Officer of Bidz.com. "Inclusion in this well known index will serve to further expand the investment community's awareness of our achievements as we continue to grow and enhance shareholder value." Final membership lists for the Russell 3000 and other Russell indices will be posted on June 30, 2008. About Bidz.com Bidz.com, founded in 1998, is an online auctioneer of jewelry. Bidz offers its products through a live auction format. To learn more about Bidz.com visit its website at www.bidz.com. |
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