Centra Added to Russell 2000 and Russell 3000 Indexes.Business/Technology Editors LEXINGTON, Mass.--(BUSINESS WIRE)--July 19, 2001 Centra (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 : CTRA CTRA Canadian Therapeutic Recreation Association CTRA College Terrace Residents' Association CTRA Canadian Telecommunications Resellers Alliance CTRA Committee To Restore America ), the world's leading provider of software and ASP services for eLearning and collaboration, announced today that it has been added to the Russell 2000 (R) and Russell 3000 (R) Indexes of publicly traded companies, effective July 1, 2001. The addition of Centra to 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. results in the company being included in investment funds comprised of companies in that index, and raises the visibility of Centra to investors who rely on the Russell indexes as part of their investment strategies. The Indexes are part of a series of market cap weighted U.S. equity metrics produced by the Frank Russell Company, and considered by many investment professionals as the benchmark for small-cap stocks. Each year the indexes are re-balanced based on 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. . More than $180 billion is invested in funds modeling Russell's U.S. indexes. Leon Navickas, Centra's 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. said, "Being included in the Russell Index reflects the significant progress we've made over the past year and is another example of our continued growth. We are excited to be listed in this prestigious Index, providing Centra with added exposure to potential investors." About the Frank Russell Index Frank Russell Company, one of the world's leading investment services firms, calculates and publishes a family of 21 U.S. equity indexes that are widely regarded as important measures of stock market activity. This listing of 2,000 companies is the standard against which many small-cap investment managers are measured. Russell's index methodology excludes limited partnerships, limited liability companies, royalty trusts, closed-ended investment management companies, ADRs, preferred stock, pink-slipped companies, OTC bulletin board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. companies, and warrants and rights. The indexes do not include stocks trading below $1 at rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting , but real estate investments trusts and IPOs are eligible. Stocks also must be U.S.-domiciled. About Centra With more than 1.5 million users, Centra is the world's leading provider of software infrastructure and ASP services for eLearning and business collaboration. Today, more than 580 organizations around the world have standardized on Centra for live eLearning including Accenture, Century 21, Domino's Pizza, EMC Corporation, McKessonHBOC, Nationwide Insurance, Siemens, and Procter & Gamble. Centra supports a vital ecosystem of strategic eLearning partnerships, including alliances with Microsoft, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , HP, PricewaterhouseCoopers, Cisco, Oracle, Saba, Docent, Global Knowledge, and 29 international value-added resellers covering 31 countries. Headquartered in Boston's technology corridor, the Company has sales offices throughout North America, Europe and Asia. For more information, visit www.centra.com. |
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