Standard & Poor's Announces Change to U.S. Index
24 March 2005 - 10:13AM
PR Newswire (US)
Standard & Poor's Announces Change to U.S. Index NEW YORK,
March 23 /PRNewswire/ -- Ditech Communications (NASD: DITC) will
replace DuPont Photomasks (NASD: DPMI) in the S&P SmallCap 600
after the close of trading on a date to be announced. S&P
Global 1200 constituent Toppan Printing Co. is acquiring DuPont
Photomasks in a deal that is still pending regulatory and
shareholder approvals. Standard & Poor's will monitor this
transaction, and post any relevant updates on its website:
http://www.standardandpoors.com/. Ditech Communications is a global
telecommunications equipment supplier for voice networks.
Headquartered in Mountain View, California, the company will be
added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) Communications Equipment Sub-Industry
Index. Following is a summary of the change: S&P SMALLCAP 600
INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED
Ditech Information Technology Communications Communications
Equipment DELETED DuPont Photomasks Information Technology
Semiconductor Equipment 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 6000
employees in 21 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 280 offices in 37
countries. Sales in 2004 were $5.3 billion. Additional information
is available at http://www.mcgraw-hill.com/. DATASOURCE: Standard
& Poor's CONTACT: David M. Blitzer, Ph.D. Managing Director
& Chairman of the Index Committee (212) 438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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