Asure Software Added to Russell 2000® Index and 3000® Index
June 25, 2018 at 08:45 AM EDT
AUSTIN, Texas, June 25, 2018 (GLOBE NEWSWIRE) -- Asure Software, Inc. (ASUR) (NASDAQ:ASUR), a leading provider of Human Capital Management (HCM) and workplace management software, today announced that it was added to the Russell 2000® Index and the broad-market Russell 3000® Index effective at market close on June 22, 2018.
“Inclusion in the Russell Indexes is further recognition of the success of our industry-leading product portfolio in the market, as well as our progress in developing a highly visible cloud software financial model,” said Pat Goepel, CEO. “We look forward to the additional visibility and exposure that Asure will realize from being part of the Russell Indexes.”
The rebalanced Russell Indexes will begin trading June 25, 2018.
Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell US Indexes primarily by objective, market-capitalization rankings and style attributes.
Russell US Indexes are widely used by investment managers and institutional investors as the basis for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell US Indexes. Russell US Indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000® Index and the Russell US Indexes reconstitution, refer to the "Russell Reconstitution" section on the FTSE Russell website: www.ftserussell.com.
About Asure Software
Asure Software, Inc. (ASUR), headquartered in Austin, Texas, offers intuitive and innovative solutions designed to help organizations of all sizes and complexities build companies of the future. Our cloud platforms enable more than 100,000 clients direct and indirect, worldwide to better manage their people and space in a mobile, digital, multi-generational, and global workplace. Asure Software's offerings include a fully-integrated HCM platform, flexible benefits and compliance administration, HR consulting, and time and labor management as well as a full suite of workspace management solutions for conference room scheduling, desk sharing programs, and real estate optimization. For more information, please visit www.asuresoftware.com.