Intellicheck Joins Russell 2000 and Russell 3000 Indexes

Key Terms

russell 2000 financial

An index that tracks the performance of roughly 2,000 smaller publicly traded U.S. companies, ranked by their size measured in market value. Investors use it like a thermometer for the small‑company segment of the stock market: it shows how that part of the market is doing, serves as a common benchmark for small‑cap funds, and helps gauge risk appetite and economic trends that often affect smaller businesses more than large ones.

russell 3000 financial

A broad stock-market index made up of the roughly 3,000 largest publicly traded U.S. companies, ranked by their total market value. It serves as a wide “basket” of American stocks that reflects the overall performance of the U.S. equity market, so investors use it as a benchmark or to gain broad exposure through index funds and ETFs—similar to watching an economy-sized shopping cart to judge how an entire store is doing.

saas financial

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

market capitalization financial

Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.

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Inclusion Marks An Important Capital Markets Milestone as Intellicheck Advances Its Growth Strategy and Expands Visibility With Institutional

MELVILLE, N.Y.--(BUSINESS WIRE)-- Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering proprietary on-demand digital and physical identity validation solutions, today announced that it has joined the Russell 2000^® and Russell 3000^® Indexes effective upon the U.S. market close on June 26, 2026.

The Russell 2000^® Index is widely used by investment managers and institutional investors as a leading benchmark for small-cap U.S. companies. Membership in the Russell 2000^® Index results in automatic inclusion in the Russell 3000^® Index and the applicable Russell growth and/or value style indexes, as determined by FTSE Russell's style methodology.

"We are pleased to join the Russell 2000^® and Russell 3000^® Indexes. This milestone reflects Intellicheck's continued growth and execution. We continue to expand across key market verticals, most notably banking, credit issuance, automotive, and title insurance. Our SaaS business model is designed to support scalable growth and long-term shareholder value. We believe inclusion in these indexes will increase our visibility among institutional investors and broaden awareness of the significant opportunity ahead," said Intellicheck CEO Bryan Lewis.

Intellicheck provides both digital and physical identity verification solutions to industries where speed and certainty is crucial. Intellicheck’s proprietary approach to proving identity is unique. It enables a frictionless customer experience that seamlessly fits into current workflows using existing technology, scanning devices or Intellicheck’s mobile app. This creates a competitive advantage for every business by facilitating rapid customer acquisition and on-going customer retention with minimal implementation costs.

The annual Russell U.S. Indexes reconstitution ranks eligible U.S. companies by total market capitalization as of the rank date. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

About Intellicheck

Intellicheck (Nasdaq: IDN), the industry leader in identity verification management, prevents the use of unauthorized IDs to stop identity-based fraud. Intellicheck is the only SaaS-based validation and proofing service that uses a unique and proprietary analysis of DMV-issued IDs to create trusted, real-time customer identity verification experiences across a wide variety of sectors, both in-person and digitally. Intellicheck is processing identity transactions for almost half the adult population in the United States and Canada annually with state-of-the-art technology solutions that are providing a seamless, invisible ID verification experience while delivering 99.975% decisioning in under a second when a customer is using our tools to capture the document. For more information on Intellicheck, visit us on the web and follow us on LinkedIn, X, Facebook, and YouTube.

Safe Harbor Statement

Statements in this news release about Intellicheck’s future expectations, including the expected benefits of inclusion in the Russell 2000^® and Rusell 3000^® Indexes, the advantages of our products, future demand for Intellicheck’s existing and future products, whether revenue and other financial metrics will improve in future periods, whether sales of our products will continue at historic levels or increase, whether brand value and market awareness will grow, whether the Company can leverage existing partnerships or enter into new ones, whether the Company will expand across key market verticals, and all other statements in this release, other than historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.

These statements, which express management’s current views concerning future events, trends, contingencies, or results, may use words such as “anticipate,” “assume,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “future,” “intend,” “plan,” “potential,” “predict,” “project,” “strategy,” “target,” “could,” “may,” “might,” “should,” “will,” and “would,” and similar terms. Actual results and ultimate corporate actions could differ materially from those expressed in or implied by forward-looking statements based on risks and uncertainties detailed from time to time in Intellicheck’s filings with the Securities and Exchange Commission. Intellicheck does not assume any obligation to update forward-looking statements, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260619835151/en/

Intellicheck Media and Public Relations: Sharon Schultz (302) 539-3747/ sschultz@intellicheck.com
Intellicheck Investor Relations: Gar Jackson (949) 873-2789/ gjackson@intellicheck.com

Source: Intellicheck, Inc.