Science & Technology
Mon, June 25, 2012Sun, June 24, 2012Fri, June 22, 2012Thu, June 21, 2012Wed, June 20, 2012Tue, June 19, 2012Mon, June 18, 2012Sun, June 17, 2012Sat, June 16, 2012Fri, June 15, 2012iPass to Be Added to Russell 2000 and Russell Global Indexes
Published in Science and Technology on Wednesday, June 20th 2012 at 5:15 GMT by Market Wire
June 20, 2012 08:00 ET
iPass to Be Added to Russell 2000 and Russell Global Indexes
REDWOOD SHORES, CA--(Marketwire - Jun 20, 2012) - iPass Inc. (
"We are delighted to be included in the 2012 reconstitution of the Russell Indexes. Our presence in the Russell 2000 and Global indexes recognizes the strategic importance and compelling value creation that's taken place at iPass," said Steven Gatoff, senior vice president and chief financial officer of iPass. "iPass is at the center of a Wi-Fi maelstrom and with our [ Open Mobile Platform ] we're uniquely addressing the rising costs of network bandwidth and operational costs for enterprises and global telecom service providers; our new [ Open Mobile Exchange ] -- for mobile operators who want to avail themselves of our global Wi-Fi footprint, the largest commercial [ Wi-Fi network ] worldwide -- continues to add to stockholder value."
Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.9 trillion in institutional assets currently are benchmarked to them. For more information on Russell, please visit their website at [ www.russell.com ].
[ About iPass Inc. ]
iPass helps [ enterprises ] and [ telecom service providers ] ensure their employees and subscribers stay well connected. Founded in 1996, iPass delivers the world's largest commercial-grade [ Wi-Fi network ] and trusted connectivity platform. With more than 780,000 Wi-Fi hotspots across 120 countries and territories, iPass gives its customers always-on, frictionless connectivity anywhere in the world -- simply, securely and cost-effectively. Additional information is available at [ www.iPass.com ] or on [ Smarter Connections ], the iPass blog.
iPass® is a registered trademark of iPass Inc. Open Mobile Exchange and OMX are trademarks of iPass Inc. Wi-Fi® is a registered trademark of the Wi-Fi Alliance. All other trademarks are owned by their respective owners.
