AppliedTheory Added to Russell 2000 Index
GREAT NECK, N.Y., July 13 /PRNewswire/ -- AppliedTheory Corporation (Nasdaq: ATHY - news), the premier provider of end-to-end Internet solutions, announced today that it has been added to the Russell 2000 Index.
''As one of the very first companies in the business-to-business IT market, we have deep roots and a wide breadth of experience in providing Internet-enabling technology to both business and government,'' said Richard Mandelbaum, CEO of AppliedTheory. ''We believe that our inclusion in the Russell 2000 is a positive confirmation of our past performance in these areas and an indicator of future growth as we expand our services nationally.''
AppliedTheory is a leading provider of one-stop Internet solutions to mid-sized businesses, mid-sized departments of larger businesses and public sector institutions.
The company offers an extensive array of high-performance, reliable and scalable Internet technology products and services. AppliedTheory offers the following products and services, either individually or as part of a complete package: Internet integration and enterprise portal development, including custom software application development, Web site design and development and upgrading of systems and databases designed before the emergence of the Internet; Web hosting, consisting of custom hosting solutions and outsourcing, shared server, dedicated server and co-location hosting solutions; and Internet connectivity, including virtual private network (VPN) solutions, network and security consulting and dedicated Internet access.
AppliedTheory is headquartered in Great Neck, New York. For more information, access the company's Web site at www.appliedtheory.com
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