BOCA RATON, Fla.--(BUSINESS WIRE)--IDI, Inc. (NYSE MKT:IDI), a data and analytics company, today announced that it has been added to the 2016 MSCI Global Micro Cap Index following the conclusion of the annual reconstitution on May 31, 2016, according to the update of the preliminary list of reconstitution additions and deletions posted on May 12, 2016.
The MSCI Global Micro Cap Index captures micro cap representation across 23 Developed Markets (DM) countries. With 5,784 constituents, the index covers approximately 1% of the free float-adjusted market capitalization in each country.
“We are pleased to be selected for inclusion in the 2016 MSCI Global Micro Cap Index,” stated Derek Dubner, CEO of IDI, Inc. “This has been an exciting year for IDI, and we expect this milestone to increase our visibility to the global investor community.”
About IDI, Inc.
At IDI, we believe that time is your most valuable asset. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most – running their organizations with confidence. Through leading-edge, proprietary technology and a massive data repository, our data and analytical solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. We empower clients across markets and industries to better execute all aspects of their business, from managing risk, conducting investigations, identifying fraud and abuse, and collecting debts, to identifying and acquiring new customers. At IDI, we are dedicated to making the world a safer place, to reducing the cost of doing business, and to enhancing the consumer experience. For more information visit http://www.ididata.com/.
FORWARD-LOOKING STATEMENTS:
This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward looking statements include statements about whether inclusion in the 2016 MSCI Global Micro Cap Index will increase our visibility to the global investor community. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading “Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Report on Form 10-K, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q and other SEC filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
