ArcaEx Tech 100 Index(R) Announces Change to Index Components
January 23 2006 - 4:00PM
PR Newswire (US)
CHICAGO, Jan. 23 /PRNewswire/ -- The Archipelago Exchange(R)
(ArcaEx(R)), the nation's first totally open, all-electronic stock
exchange, today announced that the ArcaEx Tech 100 Index(R) will
replace three constituents in the index as a result of recent
mergers and acquisitions. The changes are effective as of index
open on January 30, 2006. Leaving the index as a result of recent
corporate actions: Chiron Corporation (NASDAQ:CHIR);
Scientific-Atlanta, Inc. (NYSE:SFA) and Siebel Systems, Inc.
(NASDAQ:SEBL). New constituents to the Index: Hyperion Solutions
Corporation (NASDAQ:HYSL); Jabil Circuit, Inc. (NYSE:JBL) and
Novartis AG (NYSE:NVS). About The ArcaEx Tech 100 Index(R) The
ArcaEx Tech 100 Index(R), formerly the PSE Tech 100 Index, has been
in existence since 1982, and is commonly referenced as a benchmark
for the U.S. tech sector. This price weighted index is comprised of
100 listed and over-the-counter securities. Companies from
different industries that produce or deploy innovative technologies
to conduct their business are considered for inclusion. Leading
companies are selected from several industries, including computer
hardware, software, semiconductors, telecommunications, data
storage and processing, electronics and biotechnology. Modeled as a
multi-industry technology index, the objective of the ArcaEx Tech
100 Index is to provide a benchmark for measuring the performance
of companies using technology innovation across a broad spectrum of
industries. More information about the index can be found:
http://www.archipelago.com/marketdata/market_arcatech100.asp About
ArcaEx Archipelago Holdings (PCX:AX) operates the Archipelago
Exchange(R) (ArcaEx(R)) the first totally open all-electronic stock
exchange in the United States. ArcaEx trades all Nasdaq-listed
equity securities and exchange listed equity securities, including
those listed on the New York Stock Exchange(R), American Stock
Exchange(R), and ArcaEx(R). In addition to offering core execution
services, ArcaEx provides corporate clients with listing services
and innovative data products. In September 2005, Archipelago
acquired PCX Holdings, Inc., parent company of the Pacific Exchange
and PCX Equities, Inc. allowing Archipelago to bring together the
all-electronic trading of equity securities and options products
thereby expanding and diversifying Archipelago's business lines.
For more information please visit http://www.archipelago.com/.
Archipelago Contact: Todd Swearingen 312-442-7747 DATASOURCE: The
Archipelago Exchange CONTACT: Todd Swearingen of The Archipelago
Exchange, +1-312-442-7747 Web site: http://www.archipelago.com/
http://www.archipelago.com/marketdata/market_arcatech100.asp
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