DURHAM, N.C., June 25, 2010 (GLOBE NEWSWIRE) -- Oxygen Biotherapeutics, Inc. (Nasdaq:OXBT) is set to join the Russell Microcap Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes today. Oxygen Biotherapeutics was named on a preliminary list of additions posted on www.russell.com. Oxygen Biotherapeutics is engaged in the business of developing proprietary products that deliver oxygen to tissues in the body.