Net Element Added to Russell 3000 Index

  Net Element Added to Russell 3000 Index

Business Wire

MIAMI & MOSCOW -- July 10, 2013

Net Element International (NASDAQ: NETE), a technology-driven group
specializing in electronic commerce and mobile payment processing, is pleased
to announce today that they have been added to the Russell 3000 Index after
the equity markets closed on June 28 as Russell Investments reconstituted its
comprehensive family of global indexes.

Annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest
U.S. stocks as of the end of May, ranking them by total market capitalization.
Membership in the Russell 3000, which remains in place for one year, means
automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell
2000 Index as well as the appropriate growth and value style indexes. Russell
determines membership for its equity indexes primarily by objective,
market-capitalization rankings and style attributes.

“We are honored to be included in the Russell indexes. It elevates our profile
in the investor community, while bringing our strategy and shareholder value
to the attention of a broader audience”, said Kenges Rakishev, Chairman of Net
Element. “We anticipate that being added to the broadly referenced Russell
Indexes will add important liquidity to our stock by attracting the many index
funds that reference them.”

The Russell 3000 also serves as the U.S. component to the Russell Global
Index, which Russell launched in 2007. Russell indexes are widely used by
investment managers and institutional investors for index funds and as
benchmarks for both passive and active investment strategies. Approximately
$4.1 trillion in assets currently are benchmarked to them. Russell calculates
more than 80,000 benchmarks daily covering approximately 98 percent of the
investable market globally, more than 80 countries and 10,000 securities.
These investment tools originated from Russell’s multi-manager investment
business in the early 1980s when the company saw the need for a more
objective, market-driven set of benchmarks in order to evaluate outside
investment managers.

Total returns data for the Russell 3000 and other Russell U.S. Indexes is
available at
http://www.russell.com/indexes/data/US_Equity/Russell_US_Index_returns.asp.

About Net Element International (NASDAQ: NETE)

Net Element International (NASDAQ: NETE) is a global technology-driven group
specializing in electronic commerce, mobile payments and transactional
services. The company owns and operates a global mobile payments and
transaction processing provider, TOT Group, as well as several popular content
monetization verticals. Together with its subsidiaries, Net Element
International enables ecommerce and content-management companies to monetize
their assets in ecommerce and mobile commerce environments. Its global
development centers and high-level business relationships in the United
States, Russia and Commonwealth of Independent States strategically position
the company for continued growth. The company has U.S. headquarters in Miami
and international headquarters in Moscow. More information is available at
www.netelement.com.

About Russell:

Russell Investments (Russell) is a global asset manager and one of only a few
firms that offers actively managed multi-asset portfolios and services that
include advice, investments and implementation. Russell stands with
institutional investors, financial advisors and individuals working with their
advisors—using the firm’s core capabilities that extend across capital market
insights, manager research, portfolio construction, portfolio implementation
and indexes to help each achieve their desired investment outcomes. Russell
has more than $173 billion in assets under management (as of 3/31/2013) and
works with over 2,500 institutional clients, independent distribution partners
and individual investors globally. As a consultant to some of the largest
pools of capital in the world, Russell has $2.6 trillion in assets under
advisement (as of 12/31/2012). It has four decades of experience researching
and selecting investment managers and meets annually with more than 2,200
managers around the world. Russell traded more than $1.4 trillion in 2012
through its implementation services business.

Forward-Looking Statements

This press 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. Any statements contained in this
press release that are not statements of historical fact may be deemed
forward-looking statements. Words such as “will,” “may,” “could,” “should,”
“expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,”
“predict,” “potential,” and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements include, without
limitation, the extent that being added to the Russell Indexes will elevate
Net Element International's profile in the investor community or bring its
strategy and shareholder value to the attention of a broader audience; whether
being added to the Russell Indexes will add liquidity to Net Element
International's stock; whether being added to the Russell Indexes will attract
index funds; and whether Net Element International or its business continues
to grow. All forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially from those
expressed or implied in the forward-looking statements, many of which are
generally outside the control of Net Element International and are difficult
to predict. Examples of such risks and uncertainties include, but are not
limited to: (i) Net Element International’s ability (or inability) to obtain
additional financing in sufficient amounts or on acceptable terms when needed;
(ii) Net Element International’s ability to maintain existing, and secure
additional, contracts with users of its payment processing services; (iii) Net
Element International’s ability to successfully expand in existing markets and
enter new markets; (iv) Net Element International’s ability to successfully
manage and integrate any acquisitions of businesses, solutions or
technologies; (v) unanticipated operating costs, transaction costs and actual
or contingent liabilities; (vi) the ability to attract and retain qualified
employees and key personnel; (vii) adverse effects of increased competition on
Net Element International’s business; (viii) changes in government licensing
and regulation that may adversely affect Net Element International’s business;
(ix) the risk that changes in consumer behavior could adversely affect Net
Element International’s business; (x) Net Element International’s ability to
protect its intellectual property; and (xi) local, industry and general
business and economic conditions. Additional factors that could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements can be found in the most recent annual report on
Form 10-K and the subsequently filed quarterly reports on Form 10-Q and
current reports on Form 8-K filed by Net Element International with the
Securities and Exchange Commission. Net Element International anticipates that
subsequent events and developments may cause its plans, intentions and
expectations to change. Net Element International assumes no obligation, and
it specifically disclaims any intention or obligation, to update any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as expressly required by law.

Contact:

Net Element International
Dan Bruck, 305-507-8808
dbruck@netelement.com
www.netelement.com
 
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