BOCA RATON, Fla.–(BUSINESS WIRE)–June 23, 2015– (NYSE MKT:IDI), an information solutions provider and multi-platform media company, today announced that it has been added to the Russell Microcap Index® following the conclusion of the Russell indexes annual reconstitution on June 26, 2015, according to the update of the preliminary list of reconstitution additions and deletions posted on June 19, 2015.
Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell, a leading global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
“We are extremely pleased to join the Russell Microcap Index® as it strongly coincides with our increased efforts to broaden our shareholder base and share our redefined growth strategy with the investment community,” stated Mr. Derek Dubner, Co-CEO of IDI, Inc. “We look forward to building upon our new position within the data fusion space and sharing our progress with now a greater investor audience as we move forward.”
IDI, Inc. is an information solutions provider focused on the multi-billion dollar data-fusion market. IDI delivers otherwise unattainable insight into the ever-expanding universe of consumer- and business-centric data. Through proprietary linking technology, advanced systems architecture, and a massive data repository, IDI will address the rapidly growing need for actionable intelligence to support the entirety of the risk management industry, for purposes including due diligence, risk assessment, fraud detection and prevention, authentication and verification, and more. Additionally, IDI’s cross-functional core systems and processes are designed to deliver an unrivaled level of clarity into consumer data to support advanced marketing analytics. IDI also operates a multi-platform media company operating in China, which provides advertising services in the out-of-home advertising industry, including iScreen Outdoor LCD screens and billboards.