CUI Global, Inc. Included in the MSCI Global Microcap Indices
TUALATIN, Ore., Nov. 30, 2012 /PRNewswire/ -- CUI Global,
Inc. (NASDAQ: CUI), a platform company dedicated to the
acquisition, development, and commercialization of new, innovative
products and technologies, today announced that, effective
November 30, 2012, it has been added
to the MSCI Global Microcap Indices. The company became a
member of the MSCI Indices during its semi-annual review in which
certain companies are added or removed from the Indices.
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MSCI is a leading provider of investment decision support tools
to around 6,200 clients worldwide, ranging from large pension plans
to boutique hedge funds. It offers a range of products and services
- including indices, portfolio risk and performance analytics, and
governance tools - from a number of internationally recognized
brands such as Barra, RiskMetrics and ISS. Located in 20
countries around the world, and with over 2,400 employees, MSCI is
dedicated to supporting the increasingly complex needs of the
investment community with groundbreaking new products, high quality
data, superior distribution and dedicated client support.
"CUI Global's addition to the highly respected MSCI Global
Microcap Indices is another milestone for the company," explained
CUI Global's president & CEO, William
Clough. "Much like our listing on the Wilshire 5000 Index
and inclusion in the Russell Microcap Index earlier this year, this
MSCI listing will enhance awareness of CUI Global to a larger
number of institutions and individual investors by increasing the
visibility of our company."
"Listings on the Wilshire 5000 Index, the Russell Microcap
Index, and the MSCI Global Microcap Indices continue our strategic
goal of building a larger shareholder base to increase volume,
awareness, and, thereby, share value," Clough concluded.
About CUI Global, Inc.
Delivering Innovative
Technologies for an Interconnected World . . . . .
CUI
Global is a publicly traded platform company dedicated to
maximizing shareholder value through the acquisition and
development of innovative companies and technologies. From its
Vergence GasPT2 platform targeting the energy sector, to its
subsidiary CUI Inc.'s industry leading digital power platform
targeting the networking and telecom industries, CUI Global has
built a diversified portfolio of industry leading technologies that
touch many markets. As a publicly traded company, shareholders are
able to participate in the opportunities, revenues, and profits
generated by the products, technologies, and market channels of CUI
Global and its subsidiaries. CUI Global prides itself on operating
with the same level of integrity, respect, and philanthropic
dedication that was put in place by CUI Inc.'s founder more than 20
years ago. It is these values that allow the company to make a
difference in the lives of their customers, their community, their
employees, and their investors. Recently, a move was made to merge
and streamline resources with its subsidiary CUI Inc. in order to
create a unified, international brand that now positions CUI Global
for further strategic expansion.
About CUI, Inc.
CUI Inc is a technology company
dedicated to the development and distribution of electro-mechanical
products. Their broad power and component product portfolios allow
customers to address design challenges across a range of industries
and applications. Built on a solid foundation of core operating
principals, CUI seeks to maximize value for customers through their
engineering, manufacturing, and supply chain capabilities. As an
industry leader, CUI continues to invest in the future through new
technologies, talented employees, expanded manufacturing
capabilities, and a growing global reach.
For more information, please visit www.cuiglobal.com and
www.cui.com.
Important Cautions Regarding Forward Looking
Statements
This document contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Such statements are subject to risks and
uncertainties that could cause actual results to vary materially
from those projected in the forward-looking statements. The company
may experience significant fluctuations in future operating results
due to a number of economic, competitive, and other factors,
including, among other things, our reliance on third-party
manufacturers and suppliers, government agency budgetary and
political constraints, new or increased competition, changes in
market demand, and the performance or reliability of our products.
These factors and others could cause operating results to vary
significantly from those in prior periods, and those projected in
forward-looking statements. Additional information with respect to
these and other factors, which could materially affect the company
and its operations, are included in certain forms the company has
filed with the Securities and Exchange Commission.
SOURCE CUI Global, Inc.