ValueVision Media Added to the Russell 2000 Index

ValueVision Media

today announced its stock was added to the Russell 2000® Index, a subset of the Russell Global and Russell 3000® Indexes, effective after the market close on Friday, June 24, 2011. "ValueVision's inclusion in the Russell 2000 Index reflects our continued positive business momentum and our tangible progress over the past year in creating shareholder value," said Keith Stewart, ShopNBC's Chief Executive Officer. "We expect our addition will help increase our visibility with investors and institutions, particularly those that utilize Russell indexes in their investment strategy. We welcome our new Russell Index investors and remain focused on executing on our long-term strategic growth initiatives."