SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : California Amplifier - 2 -- Ignore unavailable to you. Want to Upgrade?


To: Duane L. Olson who wrote (2169)6/27/2000 2:45:00 PM
From: Mr. Miller  Read Replies (1) | Respond to of 2267
 
California Amplifier Selected To Join Russell 3000 Index

biz.yahoo.com

Monday June 26, 9:01 am Eastern Time
Company Press Release
SOURCE: California Amplifier Inc.
CAMARILLO, Calif., June 26 /PRNewswire/ -- California Amplifier Inc. (Nasdaq: CAMP - news) today announced that the Company has been included on the final preliminary list of additions issued June 23, 2000 by the Frank Russell Company to join the Russell 3000© Index when it is rebalanced on June 30, 2000. Index membership will go into effect July 1, 2000 and remain in place for one year.

The Frank Russell Company, a full-service investment management and consulting firm, employs its indexes in evaluating external investment managers as part of its research-driven investment approach. The indexes are adjusted annually in order to accurately rank the 3,000 largest companies in the U.S. stock market by market capitalization. For additional information, visit Russell's web site at www.russell.com.

``Our inclusion in this index reflects the increase in shareholder value that has occurred over the last year as a result of our improved operating performance driven by strong sales growth,'' said Fred Sturm, Chief Executive Officer of California Amplifier.

California Amplifier, ISO 9001 certified, designs, markets and manufactures a broad line of microwave amplifiers, downconverters, antennas, and integrated fixed point solutions used primarily in conjunction with satellite video and terrestrial broadband applications. The Company's satellite business unit designs and markets reception components for the worldwide DBS television market as well as consumer and commercial products for both C-band and Ku band applications. The Wireless access business unit designs and markets integrated reception and two-way transmission MMDS solutions for video, voice, data, telephony and networking applications. Micro Pulse, a consolidated 50.5% ownership investment, designs, markets and manufactures antennas for a broad range of wireless applications historically for GPS applications. For additional information, visit California Amplifier's web site at www.calamp.com.

SOURCE: California Amplifier Inc.