ScanSource Inc. Added to S&P SmallCap 600 Index

Date : 04/28/2004 @ 5:43PM
Source : PR Newswire
Stock : Scansource (MM) (SCSC)
Quote : 15.38  0.56 (3.78%) @ 8:00PM
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ScanSource Inc. Added to S&P SmallCap 600 Index

ScanSource Inc. Added to S&P SmallCap 600 Index

NEW YORK, April 28 /PRNewswire/ -- ScanSource Inc. will replace American Management Systems Inc. in the S&P SmallCap 600 Index after the close of trading on Thursday, April 29, 2004. American Management Systems is being acquired by S&P/TSX MidCap constituent CGI Group in a tender offer anticipated to be completed on or about that date. Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.

ScanSource is a wholesale distributor of specialty technology products, including automatic identification and point of sale products. The company, headquartered in Greenville, SC, will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Technology Distributors Sub-Industry Index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX - April 29, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED ScanSource Inc. Information Technology Technology Distributors DELETED American Management Information IT Consulting & Systems Technology Other Services

Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. With 5000 employees located in 20 countries, Standard & Poor's is an essential part of the world's financial infrastructure, and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/.

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 322 offices in 33 countries. Sales in 2003 were $4.8 billion. Additional information is available at http://www.mcgraw-hill.com/.

DATASOURCE: Standard & Poor's

CONTACT: David M. Blitzer, Ph.D.

Managing Director & Index Committee Chairman

+1-212-438-3907

Web site: http://www.standardandpoors.com/

http://www.mcgraw-hill.com/

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