Mad Catz® Announces Inclusion in Russell Microcap® Index
SAN DIEGO–(BUSINESS WIRE)– Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today its stock was added to the Russell Microcap® Index, a subset of the Russell 3000® Index, effective after the market close on Friday, June 24, 2011.
“Mad Catz’ inclusion in the Russell Microcap Index reflects both our continued positive business momentum and tangible progress over the past year in creating enhanced shareholder value,” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “We expect this development to increase our visibility with investors and institutions, particularly those that utilize Russell indexes in their investment strategy. We welcome our new Russell Index investors and remain focused on executing our long-term strategic growth initiatives in fiscal 2012.”
The Russell 3000 index and Russell 2000® index measure the performance of the largest companies in the U.S. equity market. The Russell Microcap Index, a subset of the Russell 3000 and Russell 2000 indices, measures the performance of the microcap segment of the U.S. equity market. It includes 1,000 of the smallest securities in the small-cap Russell 2000 Index based on a combination of their market cap and current index membership as well as the next 1,000 securities. These indices are widely used by investment managers and investors for various investment strategies and provide a comprehensive benchmark for evaluating small-cap stock performance in the U.S. equity markets.
About Mad Catz
Mad Catz Interactive, Inc. (AMEX/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed primarily under its Mad Catz® (casual gaming), Cyborg™ (pro gaming), Tritton® (gaming audio), Saitek® (simulation), and Eclipse™ (home and office) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios™; operates flight simulation centers under its Saitek brand; operates a videogame content website under its GameShark® brand; publishes games under its Mad Catz brand; and distributes games and videogame products for third parties. Mad Catz distributes its products through most leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia. For additional information please go to www.madcatz.com.
