WEST PALM BEACH, Fla., April 19, 2010 (GLOBE NEWSWIRE) -- World Market Media, Inc. ("WMM"), a high traffic stock market, news data website providing cutting new media products and services to publicly traded companies worldwide announced today the launch of the WMM NanoCap Index and the WMM MicroCap Index.
Stephen E. Kanaval, Executive Editor on the WMM Editor's Desk (which authors insightful real-time coverage on the economy, the capital markets and their listed companies) stated, "We are extremely excited about the launch of our Cap Weighted Indices and the future additions to the WMM Family of Indices, which are coming soon."
MagneGas Corporation (OTCBB:MNGA), GTX Corp. (OTCBB:GTXO), COPsync, Inc. (OTCBB:COYN), and Converted Organics, Inc. (Nasdaq:COIN) were new additions to the WMM NanoCap Index while Onstream Media Corp. (Nasdaq:ONSM) was removed. Additions to the WMM MicroCap Index included AgFeed Industries, Inc. (Nasdaq:FEED) and Rexahn Pharmaceuticals, Inc. (AMEX:RNN) while our Editor's Desk dropped coverage of Rick's Cabaret International, Inc. (Nasdaq:RICK).
All Indices are managed by FinancialContent.com. The WMM NanoCap Index includes select companies up to $50 million in market cap. The WMM MicroCap Index contains companies that fall between $50 million and $300 million in market cap.
World Market Media is a high traffic stock market, news data website providing cutting new media products and services to publicly traded companies worldwide. Our Editor's Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. For more information visit: www.worldmarketmedia.com - The Global Online Investment Community.
The World Market Media logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6519
DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements containing the words "believes," "anticipates," "expects," "intends" and words of similar import. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that the Company believes might cause such differences include: (1) concentration of the Company's assets into one industry segment; (2) the nature of the Company's business (as defined herein); (3) the impact of changing economic conditions; and (4) the actions of competitors, including pricing and new product introductions.