SAINT PAUL, Minn., June 26, 2017 /PRNewswire/ -- MGC Diagnostics
Corporation (NASDAQ: MGCD), a global medical technology company,
today announced the Company was added to the Russell Microcap®
Index effective after the US market opens on June 26, 2017, when the Russell Investments
reconstituted its comprehensive set of U.S. and global equity
indexes.
The Russell Microcap Index measures the performance of the
microcap segment of the U.S. equity market. Microcap stocks make up
less than 3% of the U.S. equity market (by market cap) and consist
of the smallest 1,000 securities in the small-cap Russell 2000
Index, plus the next 1,000 smallest eligible securities by market
cap. The Russell Microcap Index is constructed to provide a
comprehensive and unbiased barometer for the microcap segment
trading on national exchanges. The index is completely
reconstituted annually to ensure new and growing equities are
reflected and companies continue to reflect appropriate
capitalization and value characteristics. For more information on
the Russell Microcap® Index and the Russell indexes reconstitution,
go to the "Russell Reconstitution" section on the FTSE Russell
website.
About MGC Diagnostics
MGC Diagnostics Corporation
(NASDAQ: MGCD), is a global medical technology company dedicated to
cardiorespiratory health solutions. The Company, through its
Medical Graphics Corporation and Medisoft SA subsidiaries,
develops, manufactures and markets non-invasive diagnostic systems.
This portfolio of products provides solutions for disease
detection, integrated care, and wellness across the spectrum of
cardiorespiratory healthcare. The Company's products are sold
internationally through distributors and, in the United States, France, Belgium and the United Kingdom, primarily through a direct
sales force targeting heart and lung specialists located in
hospitals, university-based medical centers, medical clinics,
physicians' offices, pharmaceutical companies, medical device
manufacturers, and clinical research organizations (CROs). For more
information about MGC Diagnostics, visit
www.mgcdiagnostics.com.
Cautionary Statement Regarding Forward Looking
Statements
From time to time, in reports filed with the
Securities and Exchange Commission, in press releases, and in other
communications to shareholders or the investing public, MGC
Diagnostics Corporation may make forward-looking statements
concerning possible or anticipated future financial performance,
business activities or plans that include the words "believes,"
"expects," "anticipates," "intends" or similar expressions. For
these forward-looking statements, the Company claims the protection
of the safe harbor for forward-looking statements contained in
federal securities laws. These forward-looking statements are
subject to a number of factors, risks and uncertainties, including
those disclosed in our periodic filings with the SEC that could
cause actual performance, activities or plans after the date the
statements are made to differ significantly from those indicated in
the forward-looking statements. For a list of these factors, see
the sections entitled "Risk Factors" and "Cautionary Note Regarding
Forward Looking Statements," in the Company's Form 10-K for the
year ended October 31, 2016, and any
updates in subsequent filings on Form 10-Q or Form 8-K under the
Securities Exchange Act of 1934.
Contacts
Company
|
Investors
|
Todd M.
Austin
|
Joe Dorame, Robert
Blum, Joe Diaz
|
MGC Diagnostics
Corporation
|
Lytham Partners,
LLC
|
Chief Executive
Officer
|
(602)
889-9700
|
(651)
484-4874
|
mgcd@lythampartners.com
|
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/mgc-diagnostics-corporation-added-to-russell-microcap-index-300479408.html
SOURCE MGC Diagnostics Corporation