NVE to Continue in Russell 3000 Index
June 28, 2010NVE Corporation will be included in the Russell 3000® Index
for the third consecutive year, according to a list issued by the Russell Investment
Group effective today. Membership in the Russell 3000 remains in place for one
year. NVE is also expected to continue in the Russell 2000®, Russell Global,
and Russell Microcap® Indexes.
Annual reconstruction of Russells U.S. indexes captures the 4,000 largest
U.S. stocks as of the end of May, ranking them by total market capitalization.
Russell reports that an industry-leading $3.9 trillion in assets currently are
benchmarked to its indexes.
Links to the Russell 3000, Russell 2000, Russell Global, Russell Microcap and
other indexes that include NVE can be found on the Stock Indices page of NVEs
NVE is a leader in the practical commercialization of spintronics, a nanotechnology
that relies on electron spin rather than electron charge to acquire, store and
transmit information. The company manufactures high-performance spintronic products
including sensors and couplers that are used to acquire and transmit data. NVE
has also licensed its spintronic magnetoresistive random access memory technology,
commonly known as MRAM.
Statements used in this bulletin that relate to future events are forward-looking
statements that are subject to certain risks and uncertainties. The company undertakes
no obligation to update forward-looking statements in this bulletin.