DG Systems Added to Russell 2000 Index.Business Editors DALLAS--(BUSINESS WIRE)--July 10, 2001 DG Systems, Inc. (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 : DGIT), the digital technology innovator for managing and delivering short- and long-form audio and video content for the advertising and broadcast industries, has been selected for inclusion in the Russell 2000(R) Index of small capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. stocks. The addition was the result of the Frank Russell Frank Russell may refer to the following people:
Matthew E. Devine, DG's Chief Executive Officer, commented, "DG Systems' inclusion in the Russell 2000 reflects our strong and consistent growth and increasing market presence. We're pleased to be included in the index - considered the performance benchmark for U.S. small cap investing - as it underscores DG's leading industry position and prospects for continued growth as we further build out DG's platform and media asset management service offerings." The Russell 2000(R) Index measures the performance of the 2,000 smallest companies in the Russell 3000(R) Index, and represents approximately 8% of the total market capitalization Total Market Capitalization The total market value of all of a firm's outstanding securities. of the Russell 3000(R) Index, which, in turn, represents approximately 98% of the investable U.S. equity market. As of the 2001 reconstitution, the median 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. of companies included in the Russell 2000(R) Index was approximately $410.3 million with the largest company having a market capitalization of $1.4 billion and the smallest company having a market capitalization of $146.8 million. Frank Russell Company, a wholly-owned subsidiary of Northwestern Mutual Life, produces a family of 21 U.S. equity indexes. More than $175 billion is invested in funds that rely on Russell's U.S. indexes as investment models. About DG Systems DG Systems and the Company's StarGuide division provide the standard in Digital Media Exchange services for the advertising and broadcast industries, featuring innovative satellite and Internet transmission technology solutions and a suite of digital media asset management tools. DG's extensive industry network is the largest in the advertising and broadcasting industries, reaching more than 5,000 advertisers and agencies, 7,500 radio stations, and 800 television broadcast facilities with innovative delivery and management solutions for short- and long-form audio and video content. More information is available at www.dgsystems.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company, including the expansion of its digital distribution network, and the demand among certain clients for digital audio and video delivery services. These forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to DG Systems' business are set forth in the company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission on March 30, 2001, and the company's proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. dated May 18, 2001. |
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