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HearUSA Set to Join the Russell Microcap Index Today


Published on 2010-06-25 12:42:02 - Market Wire
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WEST PALM BEACH, FL--(Marketwire - June 25, 2010) - HearUSA, Inc. (NYSE Amex: [ EAR ]), a leader among the nation's hearing care providers, will join the Russell Microcap® Index when Russell Investments reconstitutes its family of U.S. indexes later today, according to a preliminary list of additions posted on [ www.russell.com ].

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

"Inclusion in the Russell indexes expands awareness among institutional investors and the investment community of our accomplishments as well as our potential," said Stephen Hansbrough, CEO and chairman of HearUSA. "Our recently announced roll out of our new national hearing care program, which has been exclusively endorsed by one of the largest membership organizations in the country, is an important game-changer for our 178 company-owned centers and the 2,000 hearing care providers in our network."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.9 trillion in assets currently are benchmarked to them.

Annual reconstitution of Russell Indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization to create the Russell 3000® Index and Russell Microcap. These investment tools originated from Russell's multi-manager investment business in the early 1980s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.

Total returns data for the Russell Microcap and other Russell Indexes is available at [ http://www.russell.com/Indexes/performance/default.asp ].

About Russell
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $179 billion in assets under management as of March 31, 2010, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.

About HearUSA
HearUSA is the recognized leader in hearing care for the nation's top managed care organizations through its 178 company-owned centers and network of more than 2,000 hearing care providers. HearUSA is the nation's only hearing care provider accredited by URAC, an independent, nonprofit health care accrediting organization dedicated to promoting health care quality through accreditation, certification and commendation. HearUSA is also the administrator of the AARP Hearing Care program, designed to help millions of Americans aged 50+ who have untreated hearing loss. For more information about HearUSA visit [ www.hearusa.com ], or go to [ www.hearingshop.com ] for a wide selection of hearing related products available for purchase online.

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