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Adams Golf, Inc. (ADGF) Tuesday June 24, 2:36 pm ET
PLANO, Texas, June 24, 2008 - Adams Golf, Inc. (ADGF) will join the Russell Microcap Index when Russell Investments reconstitutes its family of U.S. indexes on June 27, according to a preliminary list of additions posted Friday, June 20, 2008 on http://www.russell.com.
Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.
Chip Brewer, President and CEO of Adams Golf stated, ''We are very pleased to be included in the Russell Microcap Index and the opportunity it provides us to increase our visibility within the investment community.''
According to Russell Investments, Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4.4 trillion in assets currently are benchmarked to them.
Annual reconstitution of Russell indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization to create the Russell 3000 Index and Russell Microcap. These investment tools originated from Russell's multi-manager investment business in the early 1980s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.
Total returns data for the Russell Microcap and other Russell Indexes is available at http://www.russell.com/Indexes/performance/daily_total_returns_us.asp.
About Adams Golf: Developing high-performance and technologically innovative golf products is the cornerstone of Adams Golf. From the initial design, through manufacturing and servicing, Adams Golf is committed to helping golfers of all abilities enjoy the game of golf. For more information on Adams Golf, please visit http://www.adamsgolf.com.
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