Merit Medical Systems Inc. Added to S&P SmallCap 600 Index
NEW YORK, March 9 /PRNewswire/ -- Merit Medical Systems Inc. will replace
Rainbow Technologies Inc. in the S&P SmallCap 600 after the close of trading on
Monday, March 15, 2004. SafeNet Inc. is acquiring Rainbow Technologies in a
transaction anticipated to close on or about that date. The deal is still
subject to shareholder approval, and the combined company will not be added to
an S&P index at this time.
Standard & Poor's continues to monitor this transaction, and will post any
relevant updates on its website: http://www.standardandpoors.com/.
Merit Medical Systems makes and markets disposable proprietary medical products
used primarily in the diagnosis and treatment of cardiovascular disease.
Headquartered in South Jordan, UT, the company will be added to the S&P SmallCap
600 GICS (Global Industry Classification Standard) Health Care Supplies
sub-industry.
Following is a summary of the changes: S&P SMALLCAP 600 INDEX - March 15, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Merit Medical Health Care Health Care Supplies
Systems DELETED Rainbow Information Technology Computer Storage &
Technologies Peripherals
Inc.
Additions to and deletions from an S&P equity index do not in any way reflect an
opinion on the investment merits of the companiesconcerned.
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