MILPITAS, Calif., June 19, 2017 /PRNewswire/ -- Aviat
Networks, Inc. (NASDAQ: AVNW), the leading expert in microwave networking solutions, today announced that the Company is set to
join the Russell Microcap Index at the conclusion of the Russell indexes annual reconstitution, effective after the US market
opens on June 26, according to a preliminary list of additions posted June
9.
Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate
growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective,
market-capitalization rankings and style attributes.
"Our addition to the Russell Microcap Index is a testament to the progress we have made in building shareholder value and we
believe, will help expand awareness of our Company and lead to greater liquidity for our shares," states Michael Pangia, president and CEO, Aviat Networks.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $8.4 trillion in assets are benchmarked against
Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell indexes reconstitution, please visit the FTSE Russell website.
About Aviat Networks
Aviat Networks, Inc. works to provide dependable products, services and support to our customers. With more than one
million systems sold into 170 countries worldwide, communications service providers and private network operators including
state/local government, utility, federal government and defense organizations trust Aviat with their critical applications.
Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support
services enabling customers to drastically simplify both their networks and their lives. For more than 70 years, the experts at
Aviat have delivered high performance products, simplified operations, and the best overall customer experience. Aviat Networks
is headquartered in Milpitas, California. For more information, visit www.aviatnetworks.com or connect with Aviat Networks
on Twitter ,
Facebook and LinkedIn .
About FTSE Russell:
FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic
solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell
indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks
around the world.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally.
Approximately $12.5 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years,
leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their
investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes
also provide clients with tools for asset allocation, investment strategy analysis and risk management.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based
methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and
customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by
London Stock Exchange Group.
For more information, visit www.ftserussell.com
Media Contact: Gary Croke, Aviat Networks, Inc.,
gary.croke@aviatnet.com
Investor Contact: Glenn Wiener, GW Communication s,
gwiener@GWCco.com
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SOURCE Aviat Networks