Boots & Coots Joins New Russell Microcap Index
HOUSTON, June 28 /PRNewswire-FirstCall/ -- Boots & Coots International
Well Control, Inc. (Amex: WEL), the premier pressure control company for the
oil and gas industry, will join the Russell Microcap(TM) Index when Russell
Investment Group reconstitutes its family of U.S. indexes on June 30,
according to a preliminary membership list posted Friday, June 16 on
http://www.russell.com .
'We continue to make significant progress in our services around the globe
-- through organic growth as well as the recent strategic acquisition of
Hydraulic Well Control, we have improved our financial results and are well
poised to expand our services both domestically and internationally,' said
Jerry Winchester, president and chief executive officer of Boots & Coots.
'This progress has resulted in an increase in the company's exposure to the
financial community, so we are pleased to join the new Russell Microcap Index
and believe it is a further affirmation of the positive trend that the company
is on.'
Russell Indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. An industry-leading $3.8 trillion in assets are
currently benchmarked to them. Investment managers who oversee these funds
purchase shares of member stocks according to that company's weighting in the
particular index.
Russell, a global leader in multi-manager investment services, provides
investment products and services in 44 countries. Russell manages more than
$167 billion in assets and advises clients worldwide representing $2.4
trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and
is headquartered in Tacoma, Wash., with additional offices in New York,
Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo.
About Boots & Coots
Boots & Coots International Well Control, Inc., Houston, Texas, provides a
suite of integrated oilfield services centered on the prevention, emergency
response and restoration of blowouts and well fires as well as hydraulic
workover/snubbing and hot tapping services around the world. Boots & Coots'
proprietary risk management program, WELLSURE(R), combines traditional well
control insurance with post-event response as well as preventative services,
giving oil and gas operators and insurance underwriters a medium for effective
management of well control insurance policies. The company's SafeGuard
program, developed for regional producers and operators sponsored by Boots &
Coots, provides dedicated emergency response services, risk assessment and
contingency planning, and continuous training and education in all aspects of
critical well management. For more information, visit the company's web site
at http://www.boots-coots.com .
Certain statements included in this news release are intended as 'forward-
looking statements' under the Private Securities Litigation Reform Act of
1995. Boots & Coots cautions that actual future results may vary materially
from those expressed or implied in any forward-looking statements. More
information about the risks and uncertainties relating to these forward-
looking statements are found in Boots & Coots' SEC filings, which are
available free of charge on the SEC's web site at http://www.sec.gov .
Investor Contact: Jennifer Tweeton
VOLLMER
713-970-2100
jennifert@vollmerpr.com
Stan Altschuler / Miri Segal
Strategic Growth International
212-838-1444
info@sgi-ir.com
SOURCE Boots & Coots International Well Control, Inc.
