
8x8, Inc. Set to Join Russell 3000 Index
8x8, Inc., provider of innovative business communications and cloud computing solutions, is set to join the U.S. broad-market Russell 3000® Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 24, according to a preliminary list of additions posted June 10 on www.russell.com/indexes .
"The inclusion of 8x8 in the Russell 3000 Index will expose our company's stock and our innovative innovation to a wider audience of investors, ultimately benefiting our shareholders," commented 8x8 Chairman & CEO Bryan Martin.
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 $3.9 trillion in institutional assets currently are benchmarked to them. 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.
8x8, Inc., a pioneer in the development of cloud-based VoIP (Voice over Internet Protocol), video, mobile, and unified communications solutions, leverages its patented software technologies to deliver industry-leading SaaS applications to businesses of any size with employees in any location. We offer integrated business communications and cloud computing services that are designed to meet the highest levels of availability, reliability and scalability. Increasingly, businesses are finding they can reduce costs, improve productivity, and be positioned competitively for the future by choosing 8x8 for their mission critical cloud-based communications and computing needs. For additional information, visit www.8x8.com , or connect with 8x8 on Facebook and Twitter.
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When Does 8x8 Inc Join The Russell Index
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