InfoSonics Added to the Russell Microcap(TM) Index
05 July 2006 - 11:00PM
Business Wire
InfoSonics Corporation (AMEX:IFO), one of the fastest growing
distributors of wireless handsets in the United States and Latin
America, announced today that its stock has been added to the
Russell Microcap(TM) Index. The Russell Microcap(TM) Index includes
the smallest 1,000 securities in the small-cap Russell 2000(R)
Index plus the next 1,000 securities, as measured by market
capitalization. Index membership is effective July 3 and will
remain in place for one year. Joseph Ram, President and CEO of
InfoSonics Corporation, said, "We are very pleased to become a
member of the Russell Microcap(TM) Index. We believe being added to
the Russell Microcap(TM) Index will increase our visibility in the
investment community and help our company to attract a greater
number of investors." About InfoSonics Corporation InfoSonics is
one of the fastest growing distributors of wireless handsets and
accessories in the United States and Latin America. InfoSonics
provides end-to-end handset and wireless terminal solutions for
network operators in both the United States and Latin America.
These solutions include product approval and certification, light
assembly, logistics services, marketing campaigns, warranty
services and end user support. For more information please visit
http://www.infosonics.com.
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