S&W Seed Company Added to the MSCI Global Micro Cap Index
FIVE POINTS, Calif., May 31, 2013 /PRNewswire/ -- S&W Seed Company (Nasdaq: SANW) today announced it will be added to the MSCI Global Micro Cap Index, effective at the close of the markets on May 31, 2013. The MSCI Global Micro Cap Indices cover approximately 5,000 micro cap securities across developed markets throughout the world, including the U.S., using size and liquidity requirements specific to this size segment.
Mark Grewal, president and chief executive officer of S&W Seed Company, commented, "We have taken major steps to position S&W for growth and profitability since a year ago, when we were included in the Russell Microcap® Index. Over the year we've become the world's largest non-dormant, alfalfa seed company. We've tailored our superior seed genetics, geographically diversified production, and global sales and distribution platform to fit the needs of alfalfa hay farmers internationally. The S&W team now includes Imperial Valley Seeds and Seed Genetics International. We are pleased to be recognized by an index, like the MSCI Global Micro Cap, which is international in scope."
About S&W Seed Company
Founded in 1980, S&W Seed Company is a global agricultural company, headquartered in the Central Valley of California. The company is the largest producer of non-dormant alfalfa seed varieties in the world, with production operations in the San Joaquin and Imperial Valley's of California, as well as in South Australia. The company has worldwide sales and distribution through both a direct sales force as well as dealer-distributors. The company's proprietary varieties are designed to meet the shifting needs of farmers that require high performance in poor and highly saline soil conditions and have been verified over decades of university-sponsored trials. Additionally, the company is utilizing its research and breeding expertise to develop and produce U.S.-based stevia leaf. Stevia is an all-natural, zero calorie sweetener from the food and beverage industry. For more information, please visit www.swseedco.com.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in the company's Annual Report on Form 10-K for the fiscal year ended June 30, 2012, and in other filings made by the Company with the Securities and Exchange Commission.
SOURCE S&W Seed Company