THE WOODLANDS, Texas,
June 29, 2018 /PRNewswire/ --
RiceBran Technologies (NASDAQ:
RIBT and RIBTW) ("RBT"), a global leader in the production and
marketing of value added products derived from rice bran, today
announced that that it has been added to the Russell
Microcap® index as part of the Russell indexes annual
reconstitution, which took effect after the US market closed on
Friday, June 22nd .
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, a leading global
index provider, determines membership for its Russell U.S. Indexes
primarily by objective, market-capitalization rankings and style
attributes. Approximately $9 trillion
in assets are benchmarked against Russell US Indexes.
"We are pleased to have been included in the Russell Microcap
Index," said Brent Rystrom, COO and
CFO of RiceBran Technologies. "The Russell US Indexes are some of
the leading US equity benchmarks for institutional investors and
are widely used by investment managers and institutional investors
for index funds and as benchmarks for active investment strategies.
Inclusion in the Russell Microcap Index will help to further
increase our visibility in the financial marketplace and broaden
our shareholder base as we continue to execute on our strategic
plan focused on value creation for our stockholders."
About RiceBran Technologies
RiceBran Technologies is a specialty ingredient company
servicing the food, animal nutrition, and specialty ingredient
products markets. We utilize our proprietary and patented
intellectual property to convert rice bran, one of the world's most
underutilized food sources, into a number of highly nutritious and
clean label ingredient products. The global target markets for our
products include food and animal nutrition manufacturers and
retailers, as well as specialty food, functional food and
nutritional supplement manufacturers and retailers. More
information can be found in the Company's filings with the SEC and
by visiting our website at http://www.ricebrantech.com .
Forward-Looking Statements
This release contains forward-looking statements, including, but
not limited to, statements about RiceBran Technologies'
expectations regarding growing its business and maximizing
shareholder value. RiceBran Technologies does not undertake to
update forward-looking statements in this news release to reflect
actual results, changes in assumptions or changes in other factors
affecting such forward-looking information. Assumptions and
other information that could cause results to differ from those set
forth in the forward-looking information can be found
in RiceBran Technologies' filings with the Securities and
Exchange Commission, including its most recent periodic
reports.
Investor Contact:
Ascendant Partners, LLC
Richard Galterio
(732)-410-9810
rich@ascendantpartnersllc.com
SOURCE RiceBran Technologies