Published:
TeleCommunication Systems, Inc. Joins the Russell 2000(R) Index

TeleCommunication Systems, Inc. (TCS)
(NASDAQ: TSYS), a leading provider of mission-critical wireless
communications technology, was added to the U.S. small-cap Russell 2000®
Index after the equity markets closed on June 27, 2008. Membership in the
Russell 2000, which remains in place for one year, is based on membership
in the broad-market Russell 3000® Index. The company was also added to
the Russell 2000 Growth style index and Russell Global Index.
The Russell 3000 also serves as the U.S. component to the Russell Global
Index, which Russell launched last year. 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 $4.4 trillion in 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.
The Russell 2000 Growth Index measures the performance of the small-cap
growth segment of the U.S. equity universe. It includes those Russell 2000
companies with higher price-to-value ratios and higher forecasted growth
values.
The Russell 3000 Index measures the performance of the largest 3000 U.S.
companies representing approximately 98% of the investable U.S. equity
market.
The Russell Global Index measures the performance of the global equity
market based on all investable equity securities. The index includes
approximately 10,000 securities in 63 countries and covers 98% of the
investable global market. All securities in the Russell Global Index are
classified according to size, region, country, and sector; as a result the
Index can be segmented into more than 300 distinct benchmarks.
Real-time market analysis on the Russell 2000 and other Russell Indexes is
available at
http://www.russell.com/Indexes/performance/real_time_market_analysis.asp.
About Russell Investments
Russell Investments aims to improve financial security for people by
providing strategic advice, world-class implementation, state-of-the-art
performance benchmarks, and a range of institutional-quality investment
products. With more than $213 billion in assets under management, Russell
serves individual, institutional and advisor clients in more than 40
countries. Russell provides access to some of the world's best money
managers. It helps investors put this access to work in corporate defined
benefit and defined contribution plans, and in the life savings of
individual investors. Headquartered in Tacoma, Wash., Russell has principal
offices in Amsterdam, Auckland, Johannesburg, London, Melbourne, New York,
Paris, San Francisco, Seoul, Singapore, Sydney, Tokyo and Toronto. For more
information on Russell indexes, go to www.russell.com.
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) produces wireless data
communications technology solutions that require proven high levels of
reliability. TCS provides wireless and VoIP E9-1-1 network-based services,
secure deployable communication systems, engineered satellite-based
services, and commercial location applications, like traffic and
navigation, using the precise location of a wireless device. Customers
include leading wireless, cable MSOs, and VoIP carriers around the world,
and agencies of the U.S. Departments of Defense, State, and Homeland
Security. For more information, visit www.telecomsys.com.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Computers and Software:Hardware, ComputersandSoftware:Internet, ComputersandSoftware:Networking, ComputersandSoftware:Peripherals, ComputersandSoftware:Software, FinancialServices:InvestmentServicesandTrading, Government:Security(lawenforcement,homelandetc), Telecom:CableandSatelliteServices, Telecom:Networking, Telecom:TelecommunicationEquipment, Telecom:TelecommunicationServices, Telecom:Wireless, ,NASDAQ01,NASDAQ01,NASDAQ01,MD,ANNAPOLIS, MD
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