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iTurf Added to Russell 2000 Index
NEW YORK--(BUSINESS WIRE)--July 23, 1999--iTurf Inc. (Nasdaq:TURF - news
), a leading provider of Internet community, content and commerce
services for Generation Y, today announced it has been added to the
Russell 2000 stock index as of July 1, 1999. The Russell 2000 is one of
the key equity indexes used for tracking the performance of
small-capitalization stocks.
Dennis Goldstein, Chief Financial Officer, commented, ''We are very
excited to have been added to the Russell 2000 index. Having only gone
public in April 1999, we view this as a notable accomplishment and a
testament to the support our Company has received from the investment
community. We believe a listing on the Russell 2000 will enhance iTurf's
visibility in the marketplace and broaden current and future investors'
awareness of our growth potential.''
Stephen Kahn, President and Chief Executive Officer, stated, ''The
addition to the Russell 2000 recognizes iTurf for its leadership
position in establishing the premier online destination for Generation
Y, through its network of Web sites.''
iTurf Inc., a subsidiary of dELiA*s Inc. (Nasdaq: DLIA - news), is a
leading provider of Internet community, content and commerce services
focused primarily on Generation Y. iTurf is an online destination, or
network of Web sites, offering interactive magazines, proprietary
content, chat rooms, posting boards, personal homepages, e-mail, and
online shopping consisting of a wide range of apparel, footwear,
athletic gear and home furnishings.
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