2008-07-18 19:03:07 -
- Titan Machinery Inc. (NASDAQ:TITN) announced today that it has been added to the Russell 2000(R) index.
David Meyer, the Company's Chairman and Chief Executive Officer, stated, "We are pleased to have joined the Russell 2000(R) Index as it provides greater awareness and visibility of our stock among institutional and retail investors."
The Russell 2000(R) Index measures the
performance of the small-cap segment of the U.S. equity universe. The Russell 2000(R) Index is a subset of the Russell 3000(R) Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership.
About Titan Machinery Inc.
Titan Machinery Inc., founded in 1980 and headquartered in Fargo, North Dakota, owns and operates one of the largest networks of full service agricultural and construction equipment stores in North America. The current Titan Machinery network consists of 48 dealerships in North Dakota, South Dakota, Minnesota, Iowa and Nebraska, including two outlet stores, representing one or more of the CNH Brands (NYSE:CNH) CaseIH, New Holland Agriculture, Case Construction, New Holland Construction, Kobelco and CNH Capital. Additional information about Titan Machinery Inc. can be found at www.titanmachinery.com.
ICR, Inc.
John Mills, 310-954-1100
jmills@icrinc.com 
