NEW YORK, June 26, 2012 /PRNewswire/ -- YOU On Demand
Holdings, Inc. (NASDAQ: YOD), China's leading national Pay-Per-View (PPV)
and Video On Demand (VOD) platform, announced today that it has
joined the Russell Microcap® Index following Russell Investments
reconstitution of its family of U.S. indexes. A full and
final membership list is available at
http://www.russell.com/indexes/documents/Membership/RussellMicrocap_Membership_List.pdf
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.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for both
passive and active investment strategies. In the institutional
marketplace, an industry-leading $3.9
trillion in assets currently are benchmarked to them.
Russell calculates more than 80,000 benchmarks daily covering
approximately 98 percent of the investable market globally, 83
countries and more than 10,000 securities.
Annual reconstitution of Russell Indexes captures the 4,000
largest U.S. stocks as of the end of May, ranking them by total
market capitalization to create the Russell 3000®
Index and Russell Microcap Index. 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.
Total returns data for the Russell Microcap and other Russell
Indexes is available at
http://www.russell.com/indexes/data/US_Equity/Russell_US_Index_returns.asp.
About YOU On Demand Holdings, Inc.
YOU On Demand is the leading national Pay-Per-View and Video On
Demand platform in China. The
Company offers high quality premium content to customers across
China through its Near Video On
Demand (NVOD), Video On Demand (VOD) and Subscription Video On
Demand (SVOD) services. The Company consists of a portfolio of
businesses that include alliances with leading media operators,
comprehensive end-to-end content delivery, an exclusive billing
solution, governmental partnerships and approvals, and value added
services.
YOU On Demand has secured strategic partnerships with the
largest media entities in China,
and has a highly experienced management team with a strong
background in Cable, Television, Media and Telecom. The company is
headquartered in New York, NY,
with its China headquarters in
Beijing. For more information,
visit www.yod.com.
About Russell
Russell Investments (Russell) is a global asset manager and one
of only a few firms that offers actively managed, multi-asset
portfolios and services that include advice, investments and
implementation. Working with institutional investors, financial
advisors and individuals, Russell's core capabilities extend across
capital markets insights, manager research, Indexes, portfolio
implementation and portfolio construction.
Russell has approximately $155
billion in assets under management (as of 3/31/2012) and
works with 2,400 institutional clients, more than 580 independent
distribution partners and advisors, and individual investors
globally. Founded in 1936, Russell is a subsidiary of The
Northwestern Mutual Life Insurance Company.
Safe Harbor Statement
This press release contains certain statements that may include
"forward looking statements." All statements other than statements
of historical fact included herein are "forward-looking
statements." These forward looking statements are often identified
by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involve known and unknown risks
and uncertainties. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission
and available on its website (http://www.sec.gov). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under the securities laws the
Company does not assume a duty to update these forward-looking
statements.
CONTACT:
Jason Finkelstein
YOU On Demand
212-206-1216
Jason.Finkelstein@yod.com
Kimberly Minarovich
Christensen IR
917-533-3268
kminarovich@christensenir.com
SOURCE YOU On Demand Holdings, Inc.