Volt Information Sciences, Inc. to Join Russell Indexes
16 Juni 2015 - 2:00PM
Business Wire
Volt Information Sciences, Inc. (NYSE-MKT: VISI), an
international provider of staffing services, managed service
programs, technology outsourcing services, and information
technology infrastructure services, announced today that it will
join a number of Russell Indexes when Russell Investments
reconstitutes its indexes on June 26. According to a preliminary
list of additions posted June 12, 2015 on Russell's website,
Volt will be added to the Russell Global Index, the Russell 3000
Index and the Russell Microcap Index.
The annual Russell Indexes reconstitution captures the 4,000
largest U.S. stocks as of the end of May, ranking them by total
market capitalization. Russell determines membership for its
Russell Indexes primarily by objective, market-capitalization
rankings and style attributes.
Ron Kochman, Volt Information Sciences’ CEO, commented,
“Inclusion in the Russell Indexes is an important milestone for us
and will help raise our visibility within the financial community
as we continue to focus on expanding margins in our Staffing
operations and exiting non-core businesses."
Russell Indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $5.7
trillion in assets are benchmarked to the Russell U.S.
Indexes. Russell indexes are part of FTSE Russell, a leading global
index provider.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide.
FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 80 countries,
covering 98% of the investable market globally and trading on over
25 exchanges worldwide.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Leading asset
owners, asset managers, ETF providers and investment banks use FTSE
Russell indexes to benchmark their investment performance and
create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance. FTSE Russell is also focused on
index innovation and client collaboration as it seeks to enhance
the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For
more information, visit www.ftserussell.com.
About Volt Information Sciences, Inc.
Volt Information Sciences, Inc. is an international provider of
staffing services (traditional time and materials based as well as
project based), information technology infrastructure services,
telecommunication infrastructure and security services, and
telephone directory publishing and printing in Uruguay. Our
staffing services consists of workforce solutions that include
providing contingent workers, personnel recruitment services, and
managed staffing services programs supporting primarily
professional administration, technical, information technology and
engineering positions. Our project-based staffing assists with
individual customer assignments as well as customer care call
centers and gaming industry quality assurance testing services, and
our managed service programs consist of managing the procurement
and on-boarding of contingent workers from multiple providers. Our
information technology infrastructure services provide server,
storage, network and desktop IT hardware maintenance, data center
and network monitoring and operations. For more information, visit
www.volt.com.
Forward-Looking Statements
This press release contains forward-looking statements that are
subject to a number of known and unknown risks, including, among
others, general economic, competitive and other business
conditions, the degree and timing of customer utilization and rate
of renewals of contracts with the company, and the degree of
success of business improvement initiatives that could cause actual
results, performance and achievements to differ materially from
those described or implied in the forward-looking statements.
Information concerning these and other factors that could cause
actual results to differ materially from those in the
forward-looking statements are contained in company reports filed
with the Securities and Exchange Commission. Copies of the
company’s latest Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q, as filed with the Securities and
Exchange Commission, are available without charge upon request to
Volt Information Sciences, Inc., 1065 Avenue of the Americas, New
York, New York 10018, Attention: Shareholder Relations,
212-704-7921. These and other SEC filings by the company are also
available to the public over the Internet at the SEC’s website at
http://www.sec.gov and at the company’s website at
http://www.volt.com in the Investor Relations section.
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version on businesswire.com: http://www.businesswire.com/news/home/20150616005686/en/
Volt Information Sciences, Inc.Paul Tomkins,
212-704-7921voltinvest@volt.com
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