Braun Consulting Announces Inclusion in Russell 2000 Index; Leading Internet Professional Services Firm Recognized for Financial Strength and Market Performance.Business Editors CHICAGO--(BUSINESS WIRE)--June 19, 2000 Braun Consulting, Inc. (Nasdaq:BRNC BRNC Britannia Royal Naval College (Dartmouth, England) ), a leading Internet professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm delivering customer-focused business solutions, today announced that it has been selected for membership to the 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. (R) when the index is updated in July. The Russell 2000 Index is a recognized index that serves as a performance standard for the top 2000 small cap stocks on the U.S. market. "The inclusion of Braun Consulting on the Russell 2000 index is a clear validation of our strategy to build a business based on strong client relationships, unparalleled integrated strategic insight and technical expertise, and proven ability to help clients solve business challenges and achieve performance breakthroughs," said Steven J. Braun, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Braun Consulting, Inc. "We are pleased to see our value being recognized by the Russell 2000 Index and are honored to be included." The addition of Braun Consulting's stock is part of the annual reconstitution of the Russell indexes Russell Indexes US equity index widely used by pension and mutual fund investors that are weighted by market capitalization and published by the Frank Russell Company of Tacoma, Washington. . Membership in Russell's 21 US equity indexes, which are widely used as benchmarks for investment strategies, is determined by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. and style attributes rather than by subjective opinion or committee. About Braun Consulting Braun Consulting, Inc. (NASDAQ:BRNC) is an Internet professional services provider, focused on delivering customer-focused business solutions to Fortune 1000 and middle market companies. Braun Consulting combines cutting-edge business intelligence and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. technologies with business strategy to help clients build customer loyalty. By creating the necessary connection between technology and strategy, Braun builds effective business solutions that help clients drive business performance and cultivate long-term relationships with their most valuable customers. Founded in 1993, Chicago-based Braun Consulting has 11 offices throughout the U.S., including Boston, Dallas and Denver. Braun Consulting maintains strategic alliances with top developers of enterprise applications, including Clarify, Microsoft, Oracle, Sun Microsystems, Business Objects, Hyperion and others. Additional information about Braun Consulting is available at www.braunconsult.com. |
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