RESEARCH FRONTIERS ADDED TO RUSSELL 2000® INDEX
June 29 2020 - 3:23PM
Research Frontiers (Nasdaq: REFR) today announced that it has been
added to the Russell 2000® Index effective at the U.S. market
open today, June 29, 2020.
The Annual Russell index reconstitution captures
the 4,000 largest US stocks ranking them by total market
capitalization. Membership in the U.S. Russell 2000
Index® remains in place for one year and also means automatic
inclusion in the appropriate growth and value style indices.
Russell indices are widely used by investment
managers and institutional investors for index funds and as
benchmarks for active investment strategies. Approximately $9
trillion in assets are benchmarked against Russell’s U.S. indices.
Russell indices are part of FTSE Russell, a leading global index
provider.
“We are pleased that we have been able to build
shareholder value steadily over the past several years and are now
included in the Russell 2000® Index,” said Joseph M. Harary
President and CEO of Research Frontiers. “We believe our inclusion
in this index will positively impact the liquidity in our stock and
create an opportunity to increase our exposure and share our
compelling story about how SPD-SmartGlass has become the best
performing smart window technology in the world, and how it
increases energy efficiency, reduces CO2 emissions, increases the
driving range of electric vehicles, and makes people more
comfortable and secure in their vehicles, homes and offices.”
For more information on the Russell 2000 and the
Russell index reconstitution, go to the “Russell Reconstitution”
section on the FTSE Russell website.
About Research Frontiers
Inc.
Research Frontiers is a publicly traded
technology company and the developer of patented SPD-Smart
light-control film technology which allows users to instantly,
precisely and uniformly control the shading of glass or plastic
products, either manually or automatically. Research Frontiers has
licensed its smart glass technology to over 40 companies that
include well known chemical, material science and glass companies.
Products using Research Frontiers’ smart glass technology are being
used in tens of thousands of cars, aircraft, yachts, trains, homes,
offices, museums and other buildings. For more information, please
visit our website at www.SmartGlass.com, and on Facebook, Twitter,
LinkedIn and YouTube.
Note: From time to time Research Frontiers may
issue forward-looking statements which involve risks and
uncertainties. This press release contains forward-looking
statements. Actual results could differ and are not guaranteed. Any
forward-looking statements should be considered accordingly.
“SPD-Smart” and “SPD-SmartGlass” are trademarks of Research
Frontiers Inc.
For further information, please contact:
Joseph M. Harary President and CEO Research Frontiers Inc.
+1-516-364-1902Info@SmartGlass.com
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