BRENTWOOD, Tenn.--(BUSINESS WIRE)--Jun. 22, 2009--
America Service Group Inc. (NASDAQ:ASGR) announced today that, according
to a preliminary list of additions posted on Russell Investments’
website (www.russell.com)
on June 12, 2009, and updated June 19, 2009, the Company expects to join
both the Russell 3000® Index and the Russell Global Index when Russell
Investments reconstitutes its comprehensive set of United States
(“U.S.”) and global equity indexes on June 26, 2009.
According to Russell Investments, annual reconstitution of Russell’s
U.S. indexes captures the largest U.S. stocks as of the end of May,
ranking them by total market capitalization. Membership in the Russell
3000 remains in place for one year and means automatic inclusion in the
large-cap Russell 1000® Index or small-cap Russell 2000® Index as well
as the appropriate growth and value style indexes. The Company expects
to be included in the Russell 2000® Index.
Russell Investments indicated that the Russell 3000 also serves as the
U.S. component to the Russell Global Index, which it launched in 2007.
Membership in the Russell Global Index will last for one year and
features automatic inclusion in the appropriate large-cap, small-cap,
all-cap indexes as well as the applicable style, sector and country
indexes.
America Service Group Inc., based in Brentwood, Tennessee, is a leading
provider of correctional healthcare services in the United States.
America Service Group Inc., through its subsidiaries, provides a wide
range of healthcare programs to government agencies for the medical care
of inmates. More information about America Service Group can be found on
the Company’s website at www.asgr.com.
This press release contains “forward-looking” statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Statements in this release that
are not historical facts, including statements about the Company’s or
management’s beliefs and expectations, constitute forward-looking
statements and may be indicated by words or phrases such as
“anticipate,” “estimate,” “plans,” “expects,” “projects,” “should,”
“will,” “believes” or “intends” and similar words and phrases. Forward-looking
statements involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ materially from
those contained in any forward-looking statement.
A discussion of important factors and assumptions regarding certain
statements and risks involved in an investment in the Company is
contained in the Company’s Annual Report on Form 10-K and other filings
it makes with the Securities and Exchange Commission. These
forward-looking statements are made as of the date of this release. The
Company assumes no obligations to update or revise them or provide
reasons why actual results may differ.
Source: America Service Group Inc.
America Service Group Inc.
Richard Hallworth, 615-373-3100
President
and Chief Executive Officer
or
Michael W. Taylor, 615-373-3100
Executive
Vice President and Chief Financial Officer