SYKESVILLE, MD. – June 30, 2014 – GSE Systems, Inc. (NYSE MKT: GVP), a global energy services solutions provider, today announced that it has joined the Russell Microcap® Index according to the final list of additions posted June 27 on www.russell.com/indexes.
Jim Eberle, Chief Executive Officer of GSE, commented, “Our inclusion in the Russell Microcap Index will elevate our profile and enhance our visibility in the investment community.”
Annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. 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.