Netlist Set to Join Russell Microcap(R) Index

Source:marketwatch.com
IRVINE, Calif., June 25, 2010 /PRNewswire via COMTEX/ -- Netlist, Inc.(NLST 2.84, +0.38, +15.45%) , a designer and manufacturer of high-performance memory subsystems, today announced that it will join the Russell Microcap(R) Index when Russell Investments reconstitutes its family of U.S. indexes after the close of the U.S. markets today, according to a preliminary list of additions posted June 11 on 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.

Netlist Chief Executive Officer C.K. Hong said, "We are pleased to be included in the Russell Microcap Index. The inclusion in this index increases our visibility in the investment community and will contribute to our efforts to increase shareholder value as we move to market our two emerging technology platforms, HyperCloud(TM) and NetVault(TM)."