MARLTON, N.J., June 30, 2014 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has been added to the list of public companies that comprise the Russell 2000 Index. Hill's inclusion became effective upon the close of trading on Friday, June 27, 2014, following Russell Investments' annual reconstitution of their index lists. The Russell 2000 Index, a listing of the 1,001st through 3,000th largest U.S. public companies ranked by market capitalization, is a widely-used measure of the performance of the small-cap segment of the U.S. equity markets.
"Hill's inclusion in this year's Russell 2000 is a reflection of our strong stock performance over the past year," said David L. Richter, Hill's President and Chief Operating Officer. "We expect that being part of the Russell 2000 will serve to further elevate and broaden our company's profile among those investors who utilize the Russell indexes in making their investment decisions," added Richter.
Russell Investments is a global asset manager and one of only a few firms that offers actively managed multi-asset portfolios and services that include advice, investment and implementation. Russell stands with institutional investors, financial advisors and individuals working with their advisors—using the firm's core capabilities that extend across capital market insights, manager research, portfolio construction, portfolio implementation and indexes to help each achieve their desired investment outcomes. For more information on Russell, please visit their website at www.russell.com.
Hill International, with 4,300 professionals in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the 9th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
CONTACT: Hill International, Inc. John P. Paolin Senior Vice President of Marketing and Corporate Communications (856) 810-6210 firstname.lastname@example.org The Equity Group Inc. Devin Sullivan Senior Vice President (212) 836-9608 email@example.com
Source:Hill International, Inc.