LEXINGTON, MA, July 13, 2000--
Genta Incorporated (Nasdaq: GNTA) announced today it has been added
to the Russell 2000® Index. This landmark takes place only
two months after Genta's entry on to the Nasdaq National Market
System.
"We are pleased to have so rapidly achieved this significant
benchmark. The Russell 2000 listing attests to the Company's
efforts to deliver increased value to our shareholders and is
further confirmation of management"s ongoing execution of our
goals," commented Dr. Raymond P. Warrell, Jr., Genta's President
and CEO. "We look forward to accelerating the initiation of new
registration-quality clinical trials with our lead compound,
Genasense
TM
, and concluding negotiations with development partners."
Membership in Russell's equity indices - widely used as
benchmarks for both passive and active investment strategies - is
determined by market capitalization rankings and style attributes,
rather than by subjective opinion or committee decisions. The
Russell indices capture the largest U.S. stocks as of the end of
May.
