OraSure Technologies Announces Inclusion in the Russell 3000 Index
OraSure Technologies Announces Inclusion in the Russell 3000 Index
June 20, 2001 at 6:03 AM EDT
BETHLEHEM, Pa., Jun 20, 2001 (BW HealthWire) -- OraSure Technologies, Inc.
(Nasdaq:OSUR) today announced that its stock has recently been included in the
Russell 3000(R) Index.
This index is compiled by the Frank Russell Company and is a ranking of the 3,000 largest U.S. stocks by market capitalization. At the close of trading on May 31, 2001, OraSure's market capitalization was approximately $413.9 million.
"We're pleased to be included in this widely recognized market index," said Robert D. Thompson, Chief Executive Officer of OraSure Technologies. "This is solid evidence that we are being recognized by investors as we continue to implement our strategies and grow our revenues."
OraSure Technologies (Nasdaq/NM:OSUR) Investment Data ------------------------------------------------------- 52-Week Range $5.56 - $15.93 Market Capitalization $413.9 million Institutional Ownership 30% Shares Outstanding 36.6 million Float 26.0 million FY 2000 Revenue $28.8 million
About OraSure TechnologiesOraSure Technologies, Inc. develops, manufactures and markets medical devices and diagnostic products for use by public- and private-sector clients, clinical laboratories, physicians' offices and workplace testing. OraSure Technologies is the leading supplier of oral fluid collection devices and assays to the life insurance industry and public health markets for the detection of antibodies to HIV. In addition, the company supplies oral fluid testing solutions for drugs-of-abuse testing. For more information on the company, please go to www.orasure.com.
CONTACT: OraSure Technologies Mr. Rich Hooper, 610/882-1820 investorinfo@orasure.com www.orasure.com