Capital Senior Living Corporation is Added to the Russell Microcap Index.DALLAS -- Please replace the release dated June 29, 2005 with the following corrected version due to revisions. The corrected release reads: CAPITAL SENIOR LIVING CORPORATION IS ADDED TO THE RUSSELL MICROCAP microcap 1. Of or relating to the common stock of a company with a small capitalization, usually between $50 million and $250 million. Microcap stocks tend to experience volatile price movements and are subject to investment fraud schemes. INDEX Capital Senior Living Corporation (the "Company") (NYSE NYSE See: New York Stock Exchange :CSU See DSU/CSU. 1. CSU - California State University. 2. CSU - Cleveland State University. 3. CSU - Channel Service Unit. ), one of the country's largest operators of senior living communities, today announced that it was included in the Russell Microcap Index, effective at the close of the market on June 24, 2005. The Russell Microcap Index is comprised of the smallest 1,000 securities in the small-cap Russell Microcap Index plus the next 1,000 companies below the index. Membership in Russell's U.S. equity indexes, widely used by investment managers and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. for index funds and as bench marks for both passive and active investment strategies, is determined primarily 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. rankings and style attributes. ABOUT THE COMPANY Capital Senior Living Corporation is one of the nation's largest operators of residential communities for senior adults. The Company's operating philosophy emphasizes a continuum of care, which integrates independent living, assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. and home care services, to provide residents the opportunity to age in place. The Company currently operates 54 senior living communities in 20 states with an aggregate capacity of approximately 8,700 residents, including 39 senior living communities which the Company owns or in which the Company has an ownership interest, and 15 communities it manages for third parties. In the communities operated by the company, 84 percent of residents live independently and 16 percent of residents require assistance with activities of daily living. |
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