ValueVision Media Added to Russell 2000(R) Index

ValueVision Media Added to Russell 2000(R) Index 
MINNEAPOLIS, MN -- (Marketwired) -- 07/01/13 --  ValueVision Media,
Inc. (NASDAQ: VVTV), a multichannel electronic retailer that reaches
over 85 million homes via TV, Internet and mobile, today announced
its common stock has been added to the Russell 2000(R) Index, a
subset of the Russell Global and Russell 3000(R) Indexes, for the
next year. ValueVision's inclusion in the respective Russell indexes
was confirmed after the market's close on Friday, June 28, 2013. The
commencement of trading this morning marks the official launch of the
reconstituted indexes. 
The Russell 3000(R) index measures the performance of the largest
3000 U.S. companies in the U.S. equity market. The Russell 2000 index
is the small cap subset of the Russell 3000 index, which includes
approximately 2000 of the smallest securities based on market cap and
current index membership. Members of the Russell 2000 and 3000
Indexes are also included in the Russell Global Index(R). Russell
indexes are widely used by investment managers and institutional
investors as benchmarks for passive and active investment strategies. 
"Inclusion in the Russell 2000 Index reflects the continued progress
we have made in transforming our business," said Keith Stewart,
ValueVision's CEO. "We welcome the distinction and increased
visibility provided by being added to the Russell indexes. The
exposure should complement our efforts to transition, over the
balance of this fiscal year, our consumer brand from ShopNBC to our
new identity as 'ShopHQ -- Your Headquarters For All Things Shop.'" 
About Russell Investments:
 Russell Investments (Russell) is a global
asset manager with $173.5 billion in assets under management across
over 350 investment products. Russell U.S. Indexes have $3.9 trillion
in assets benchmarked to them. More information, including a list of
exchange-traded funds based on Russell Indexes, is available at 
About ValueVision Media, ShopNBC and ShopHQ:
 ValueVision Media, Inc.
is a multichannel electronic retailer that enables customers to shop
and interact via TV, phone, Internet and mobile. The Company is
transitioning its consumer brand from ShopNBC to ShopHQ over the
remainder of fiscal 2013. ValueVision's television network re
over 85 million cable and satellite homes and is also available
nationwide on PCs, tablets and iPhone, Android and other mobile
devices via live streaming at (and ultimately The Company's merchandise categories include Home &
Consumer Electronics, Beauty, Health & Fitness, Fashion &
Accessories, and Jewelry & Watches. Please visit
for more investor information. 
Forward-Looking Information 
 This release contains certain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Any statements contained
herein that are not statements of historical fact may be deemed
forward-looking statements. These statements are based on
management's current expectations and accordingly are subject to
uncertainty and changes in circumstances. Actual results may vary
materially from the expectations contained herein due to various
important factors, including (but not limited to): consumer
preferences, spending and debt levels; the general economic and
credit environment; interest rates; seasonal variations in consumer
purchasing activities; the ability to achieve the most effective
product category mixes to maximize sales and margin objectives;
competitive pressures on sales; pricing and gross sales margins; the
level of cable and satellite distribution for our programming and the
associated fees; our ability to establish and maintain acceptable
commercial terms with third-party vendors and other third parties
with whom we have contractual relationships, and to successfully
manage key vendor relationships; our ability to manage our operating
expenses successfully and our working capital levels; our ability to
remain compliant with our long-term credit facility covenants; our
ability to successfully transition our brand name; the market demand
for television station sales; our management and information systems
infrastructure; challenges to our data and information security;
changes in governmental or regulatory requirements; litigation or
governmental proceedings affecting our operations; significant public
events that are difficult to predict, or other significant
television-covering events causing an interruption of television
coverage or that directly compete with the viewership of our
programming; and our ability to obtain and retain key executives and
employees. More detailed information about those factors is set forth
in the Company's filings with the Securities and Exchange Commission,
including the Company's annual report on Form 10-K, quarterly reports
on Form 10-Q, and current reports on Form 8-K. You are cautioned not
to place undue reliance on forward-looking statements, which speak
only as of the date of this announcement. The Company is under no
obligation (and expressly disclaims any such obligation) to update or
alter its forward-looking statements whether as a result of new
information, future events or otherwise. 
Dawn Zaremba
ValueVision Media
(952) 943-6043 O 
Eric Lentini
David Collins
Catalyst Global
(212) 924-9800 O
(917) 734-0339 M 
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