Perficient Set to Join Russell 2000® Index

AUSTIN, Texas – June 19, 2006 - Perficient, Inc. (NASDAQ: PRFT), a leading information technology consulting firm serving Global 2000 and large enterprise customers throughout the United States, today announced it will join the Russell 2000 index when the Russell Investment Group reconstitutes its family of U.S. indexes on June 30. Russell recently posted a preliminary membership list at

“We’re pleased to join the Russell 2000 Index,” said Perficient chairman and chief executive Jack McDonald. “This is a great milestone for Perficient and should increase our visibility with investors and institutions that rely on the Russell Indexes as a key part of their investment strategy.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.8 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company’s weighting in the particular index.

Annual reconstitution of Russell indexes captures the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization to create the Russell 3000. The largest 1,000 companies in the ranking comprise the Russell 1000 while the remaining 2,000 companies become the widely used Russell 2000.

About Perficient

Perficient is a leading information technology consulting firm serving Global 2000 and large enterprise customers throughout the United States. Perficient helps clients gain competitive advantage by using Internet-based technologies to make their businesses more responsive to market opportunities and threats, strengthen relationships with customers, suppliers and partners, improve productivity and reduce information technology costs. Our solutions enable our clients to operate a real-time enterprise that dynamically adapts business processes and the systems that support them to the changing demands of an increasingly global, Internet-driven and competitive marketplace. Perficient is an award-winning "Premier Level" IBM business partner, a TeamTIBCO partner, a Microsoft Gold Certified Partner, a Documentum Select Services Team Partner and an Oracle-Siebel partner. For more information about Perficient, which employs more than 750 professionals, please visit IBM and WebSphere are trademarks of International Business Machines Corporation in the United States, other countries, or both.

About Russell Investment Group

Russell, a global leader in multi-manager investment services, provides investment products and services in 44 countries. Russell manages more than $167 billion in assets and advises clients worldwide representing $2.4 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Wash., with additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo. For more information, go to

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