GAINESVILLE, Fla., June 26, 2017 (GLOBE NEWSWIRE) -- SharpSpring, Inc. (NASDAQ:SHSP), a global provider of cloud-based marketing technologies, joined the Russell Microcap® Index at the conclusion of the Russell indexes' annual reconstitution, effective today, according to the FTSE Russell website.
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 determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
“Being added to the Russell Microcap Index represents another major milestone for SharpSpring that we expect will increase awareness of our accomplishments,” said the company’s CFO Edward Lawton. “The greater visibility from the Russell Microcap Index couldn’t be timelier, given the strong demand for marketing automation solutions, coupled with our compelling lifetime value and customer acquisition cost metrics and recent strategic partnerships that collectively have positioned us to grow our future sales and build on our expanding market share.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $8.4 trillion in assets are benchmarked against the Russell U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website.
About SharpSpring, Inc.
SharpSpring, Inc. (NASDAQ:SHSP) is a rapidly growing, highly-rated global provider of affordable marketing automation delivered via a cloud-based Software-as-a Service (SaaS) platform. Thousands of businesses around the world rely on SharpSpring to generate leads, improve conversions to sales, and drive higher returns on marketing investments. Known for its innovation, open architecture and free customer support, SharpSpring offers flexible monthly contracts at a fraction of the price of competitors making it an easy choice for growing businesses and digital marketing agencies. Learn more at www.sharpspring.com.