NETSCOUT Systems Joins Russell 3000 Index; Leading Network Management Solutions Company Added to Benchmark Equity Index

13 Jul 2000
WESTFORD, Mass.--(BUSINESS WIRE)--July 13, 2000--NetScout Systems, Inc. (NASDAQ: NTCT), the leader in real-time network and application performance management for e-business, today announced that it has been added to the Russell 3000(R) Index.

The Russell 3000 Index measures the performance of the 3,000 largest U.S.-based companies, based on total market capitalization, which represents approximately 98% of the investable US equity market. The major stock index is widely used as a benchmark for investment strategies by institutional and individual investors. More than $175 billion is invested in funds that rely on Russell's U.S. indexes as investment models.

The Russell 3000 is reconstituted annually as of May 31. Based on the latest reconstitution, the average market capitalization was approximately $5.1 billion; the median market capitalization was approximately $791.1 million. The index had a total market capitalization range of approximately $520 billion to $178 million.

Frank Russell Company ( offers investment-planning services and diversified funds to individual and institutional investors in 35 countries. Russell advises clients on the investment of more than $1 trillion in assets, and serves over 1300 organizations and millions of individuals through its investment management business. Today, $60 billion is invested in Russell funds globally.

About NetScout Systems, Inc.

NetScout Systems, Inc. (NASDAQ: NTCT) is a leading provider of network and application performance management solutions. NetScout's solutions ensure e-business applications stay up and running at optimum performance through real-time, system-wide visibility and actionable information for fault isolation. NetScout's products are deployed worldwide in industries such as e-commerce, finance, healthcare, government, manufacturing and others. NetScout serves approximately half of the Fortune 500 and counts among its customers 3M Corporation, AT&T, Datek Online, Brystol-Myers Squibb,, Webhire, Intel Online, Fidelity Investments, Xerox and Sun Microsystems.

NetScout's unique Application Flow Management (AFM) technology collects and presents the rich set of application and web traffic information via NetScout's application-aware instrumentation and reporting and analysis software. Headquartered in Westford, Massachusetts, NetScout has approximately 250 employees and offices in North America, Europe and Asia.