Rica Foods, Inc. proudly announced today that its stock was included in the Ray- Russell 3000 Index (“Russell 3000”). The Russell 3000 is composed of 3000 large U.S. Companies, as determined by market capitalization. This portfolio of securities represents approximately 98% of the investable U.S. equity market.
The Russell 3000 Index is comprised of stocks within the Russell 1000 and the Russell 2000 Indices. The index was developed with a base value of 140.00 as of December 31, 1986.
Some of the new additions to the Russell 3000 are: Quokka Sports, Inc., Red Hat, Inc., and PurchasePro.com, Inc.
“The inclusion of RCF as part of the Russell 3000 represents a recognition for the good work we’ve done since our inception, and most specifically over the past year,” said Calixto Chaves, Chairman, President, and CEO of Rica Foods, Inc. “We believe our dedicated personnel and their mission of producing quality products at reasonable costs have proven to be the strong base of our success,” Mr. Chaves concluded.
“We are going to continue our efforts to produce and deliver quality products, build value to our shareholders, aim on new acquisition targets, and focus on our core business opportunities,” added Mr. Chaves.
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RCF is the parent Company of the largest poultry producers in Costa Rica. RCF’S subsidiaries supply poultry products in Costa Rica to Burger King, Pizza Hut, Subway, KFC, Price Smart, Gerber Products, and to McDonald’s restaurants in Central America.
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties or other factors which may cause actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. For more complete information concerning factors that could affect the Company’s results, please refer to the Company’s registration statements, reports, or other documents filed with the Securities and Exchange Commission.