Schawk Joins Russell 2000 and Russell 3000 Indexes
Press release from the issuing company
DES PLAINES, Ill., July 10 - Schawk, Inc. North America's leading provider of digital imaging prepress services to the consumer products industry, announced today that effective July 1, 2001, it has been added to the Russell 2000 and Russell 3000 indexes.
The Russell 3000 index measures the stock performance of the 3,000 largest U.S. companies based on total market capitalization. The Russell 2000 index measures the performance of the 2,000 smallest companies in the Russell 3000 index. Russell allows the market to determine which companies are included in its indices, ensuring the purest representation of stock market performance.
David A. Schawk, president and chief executive officer of Schawk, Inc. commented, "Being added to the Russell indexes is a positive development for Schawk, Inc., as it increases the visibility of the Company. Schawk has been recognized in the markets we serve as a global imaging and brand services supplier to the Fortune 1000 consumer products companies and the major advertising agencies for almost 50 years. Client requirements for global brand consistency and speed-to-market are elevating the importance of the services Schawk provides. In short, we help our clients get their brands and products to market faster, thereby increasing our client's sales and profits.''
Mr. Schawk concluded, "The increase in our market capitalization is the reason we have been added to the Russell indexes. We are looking forward to rewarding our shareholders with even greater shareholder value in the future.''
Schawk, Inc., headquartered in suburban Chicago, is a leading supplier of electronic digitized high resolution color imaging, database management and on-site facility management, as well as related prepress and digital archiving and distribution services. Schawk provides advanced technology services for the food, beverage, and consumer products packaging, point of sale, and advertising markets.
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