QMed, Inc., Set to Join Russell Microcap(TM) Index
27 Junio 2005 - 11:34AM
PR Newswire (US)
QMed, Inc., Set to Join Russell Microcap(TM) Index EATONTOWN, N.J.,
June 27 /PRNewswire-FirstCall/ -- QMed, Inc. (NASDAQ: QMED) is set
to join the new Russell Microcap(TM) Index since the Russell Group
has reconstituted its family of indices on June 24, 2005. Russell
recently posted the preliminary membership list at
http://www.russell.com/US/indexes. The index will be composed of
the smallest 1,000 of the Russell 2000 members plus the next 1,000
companies based on a ranking of all U.S. equities by market
capitalization. The Russell Microcap(TM) Index provides investment
managers and other investors a comprehensive, unbiased standard to
compare their performance against the genuine market of microcap
stocks. Russell indices are widely used by investment managers and
institutional investors for index funds as benchmarks for both
passive and active investment strategies. More than $2.5 trillion
in assets are currently benchmarked to them. Investment managers
who oversee these funds purchase shares of member stocks according
to that company's weighting in particular indices. Companies slated
for the Russell Microcap were ranked as of May 31, 2005, by market
capitalization and were weighted based on free-float adjustment, an
integral aspect of Russell methodology. "Free-float adjustment"
means that stocks are weighted by their available market
capitalization, which is calculated by multiplying the primary
closing price by the available shares. About QMed, Inc. QMed, Inc.,
provides clinical information management systems that incorporate
decision support to physicians, Disease Management services to
patients around the country through its health plan customers and
supports Pay for performance initiatives. The Company has been
selected in two Medicare Demonstrations to test the feasibility of
reimbursing its care coordinated DM services in the vast Medicare
fee-for-service program. More information on QMed, Inc. can be
obtained at http://www.qmedinc.com/, by calling (732) 544-5544 or
by emailing . About Russell Russell is a global leader in
multi-manager investment services. It provides investment products
and services in more than 39 countries, managing more than $135
billion in assets and advising clients worldwide representing $2.3
trillion. Founded in 1936, Russell is a subsidiary of Northwestern
Mutual and is headquartered in Tacoma with additional offices in
Aukland, London, New York, Paris, Singapore, Sydnet and Tokyo.
Except for historical information contained herein, matters
discussed in this news release are forward-looking statements that
involve risks and uncertainties. They include but are not limited
to those relating to the timely implementation of programs, the
impact of competitive product introductions, acceptance and
pricing, and those risks detailed in the Company's filings with the
Securities and Exchange Commission (SEC). Actual results may differ
materially from any forward-looking statements due to these risks
and uncertainties. DATASOURCE: QMed, Inc. CONTACT: Robert Mosby of
QMed, Inc., +1-732-544-5544 x1107 Web site: http://www.qmedinc.com/
http://www.russell.com/US/indexes
Copyright