Intellicheck Mobilisa Ranked Top Performer in Russell Microcap Index
Intellicheck Mobilisa, Inc. (NYSE AMEX:IDN), a global leader in access control and wireless security systems, is ranked top performer in the Russell Microcap Index. With a return of 200%, Intellicheck’s stock outperformed the second company on the list by 91.82 points.
Dr. Nelson Ludlow, CEO of Intellicheck Mobilisa, commented, “We are pleased to be part of the Russell Microcap Index and its top performer 2009. In the first month of 2010 we have entered into an agreement for our Defense ID® reader for access control, and two more retail agreements for commercial applications. Our daily focus continues to be growing the company and driving shareholder value, and it is an honor to be recognized for doing so.”
The Russell Microcap Index measures the performance of the microcap segment of the US equity market. It makes up less than 3% of the US 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 and it includes the next 1,000 securities. Russell Microcap Index is constructed to provide a comprehensive and unbiased barometer for the microcap segment trading on national exchanges, while excluding lesser-regulated OTC bulletin board securities and pink-sheet stocks due to their failure to meet national exchange listing requirements. The Russell Microcap Index is completely reconstituted annually to ensure larger stocks do not distort performance and characteristics of the true microcap opportunity set.
About Intellicheck Mobilisa
Intellicheck Mobilisa is a leading technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial markets. Products include the Defense ID system, an advanced ID card access control product currently protecting over 70 military and federal locations, and ID-Check, patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from US and Canadian jurisdictions for the financial, hospitality and retail markets.
Safe Harbor Statement
Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. When used in this press release, words such as "will," "believe," "expect," "anticipate," "encouraged" and similar expressions, as they relate to the company or its management, as well as assumptions made by and information currently available to the company's management identify forward-looking statements. Actual results may differ materially from the information presented here. Additional information concerning forward looking statements is contained under the heading of risk factors listed from time to time in the company's filings with the SEC. We do not assume any obligation to update the forward-looking information.
Source: Business Wire/Yahoo Finance





