NCI, Inc. (ticker: NCIT, exchange: NASDAQ Global Market (.O))
News Release -
NCI, Inc. Added to the Russell 3000 Index
RESTON, Va.--(BUSINESS WIRE)--July 1, 2008--NCI, Inc.
(NASDAQ:NCIT), a leading provider of information technology (IT),
engineering, and professional services and solutions to U.S. federal
government agencies, announced today that it has been added to the
U.S. broad-market Russell 3000(R) Index after the equity markets
closed on June 27 as Russell Investments reconstituted its
comprehensive family of global indexes.
NCI is pleased to be included in this prestigious index. We are
proud of our past successes which we attribute to our unwavering
commitment to total customer satisfaction and delivering on our
promises to customers, employees, and stockholders. Our top priority
remains building relationships based on trust, integrity, and
performance, stated Charles K. Narang, Chairman and Chief Executive
The Russell 3000 also serves as the U.S. component to the Russell
Global Index, which Russell launched last year. Russell indexes are
widely used by investment managers and institutional investors for
index funds and as benchmarks for both passive and active investment
strategies. An industry-leading $4.4 trillion in assets currently are
benchmarked to them. These investment tools originated from Russell's
multi-manager investment business in the early 1980s when the company
saw the need for a more objective, market-driven set of benchmarks in
order to evaluate outside investment managers.
About NCI, Inc.:
NCI is a leading provider of information technology (IT),
engineering, and professional services and solutions to U.S. Federal
Government agencies. As an ISO 9001:2000-certified company, NCI's
award-winning expertise encompasses areas critical to its customers'
mission objectives, including enterprise systems management; network
engineering; information assurance; systems engineering and
integration; program management, acquisition, and lifecycle support;
engineering and logistics; medical transformation/health IT; and
distance learning and training solutions. Headquartered in Reston,
Virginia, NCI has approximately 2,200 employees and nearly 100
Forward-Looking Statement: Statements and assumptions made in this
press release, which do not address historical facts, constitute
forward-looking statements that NCI, Inc. believes to be within the
definition in the Private Securities Litigation Reform Act of 1995 and
involve risks and uncertainties, many of which are outside of our
control. Such forward-looking statements are subject to factors that
could cause actual results to differ materially from those anticipated
results. For a discussion of these and other risks and uncertainties,
please refer to the section titled Risk Factors in NCI, Inc.'s Form
10-K filed with the Securities and Exchange Commission for the period
ended December 31, 2007. The forward-looking statements included in
this news release are only made as of the date of this news release
and NCI, Inc. undertakes no obligation to publicly update any of the
forward-looking statements made herein, whether as a result of new
information, subsequent events or circumstances, changes in
expectations or otherwise.
CONTACT: NCI, Inc.
Maureen Crystal, 703-707-6777
SOURCE: NCI, Inc.