Standard & Poor's Announces Change to U.S. Index
02 August 2006 - 8:37AM
PR Newswire (US)
NEW YORK, Aug. 1 /PRNewswire/ -- Sykes Enterprises Inc. (NASD:
SYKE) will be added to the S&P SmallCap 600 index after the
close of trading tomorrow, August 2. Sykes will take the place of
Power Integrations Inc. (NASD: POWI), which was removed after this
evening's close of trading. Power Integrations will be delisted
from the NASDAQ Global Market before tomorrow's market open for
failing to comply with listing requirements. Standard & Poor's
will monitor this transaction, and post any relevant updates on its
website: http://www.standardandpoors.com/. Sykes provides
outsourced customer contact management solutions and services to
Fortune 1000 companies. Headquartered in Tampa, FL, the company
will be added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) IT Consulting & Other Services
Sub-Industry index. Following is a summary of the changes: S&P
SMALLCAP 600 INDEX - August 1, 2006 COMPANY GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY DELETED Power Integrations Information Technology
Semiconductors S&P SMALLCAP 600 INDEX - August 2, 2006 COMPANY
GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Sykes Enterprises
Information Technology IT Consulting & 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. About Standard & Poor's Standard & Poor's, a
division of The McGraw-Hill Companies (NYSE:MHP), is the world's
foremost provider of financial market intelligence, including
independent credit ratings, indices, risk evaluation, investment
research and data. With approximately 7,500 employees, including
wholly owned affiliates, located 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/ About The
McGraw-Hill Companies 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,
McGraw-Hill Education, BusinessWeek and J.D. Power and Associates.
The Corporation has more than 290 offices in 38 countries. Sales in
2005 were $6.0 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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