Kofax® Limited (NASDAQ and LSE: KFX), a leading provider of smart
process applications for the business critical First Mile™ of customer
interactions, today announced that it has been added to the Russell 2000®
& Russell 3000® Indexes. This inclusion resulted from the
annual reconstitution of the Russell family of indexes that took place
on June 27, 2014 following the close of U.S. markets, and the Company
believes it caused the high level of trading volume on NASDAQ that day.
The Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for active
investment strategies. Membership in the Russell 3000®, 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. Russell
determines inclusion in its indexes primarily by objective, market
capitalization rankings and company attributes. The Russell 3000 also
serves as the U.S. component for the Russell Global Index.
About Kofax
Kofax is a leading provider of smart process applications for the
business critical First Mile of customer interactions. These begin with
an organization’s systems of engagement, which generate real time,
information intensive communications from customers, and provide an
essential connection to their systems of record, which are typically
large scale, rigid enterprise applications and repositories not easily
adapted to more contemporary technology. Success in the First Mile can
dramatically improve an organization’s customer experience and greatly
reduce operating costs, thus driving increased competitiveness, growth
and profitability. Kofax software and solutions provide a rapid return
on investment to more than 20,000 customers in financial services,
insurance, government, healthcare, business process outsourcing and
other markets. Kofax delivers these through its own sales and service
organization, and a global network of more than 800 authorized partners
in more than 75 countries throughout the Americas, EMEA and Asia
Pacific. For more information, visit kofax.com.
© 2014 Kofax Limited. Kofax is a registered trademark and First Mile
is a trademark of Kofax Limited. All other registered trademarks are the
property of their respective owners.
Source: Kofax
Copyright Business Wire 2014