VLCM Valcom (MM)

NEW YORK, June 12 /PRNewswire-FirstCall/ -- Standard & Poor's will make the following changes to the S&P SmallCap 600 index: -- Stratasys Inc. (NASDAQ:SSYS) will replace Lone Star Technologies Inc. (NYSE:LSS) after the close of trading on Thursday, June 14. Lone Star Technologies is being acquired by S&P 500 constituent United States Steel Corp. (NYSE:X) in a deal expected to close on or about that date, pending final approvals. -- Volcom Inc. (NASDAQ:VLCM) will replace Paxar Corp. (NYSE:PXR) after the close of trading on Friday, June 15. Paxar is being acquired by S&P 500 constituent Avery Dennison Corp. (NYSE:AVY) in a deal expected to close on or about that date, pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. Stratasys engages in the development, manufacture and marketing of rapid prototyping (RP) devices, including three-dimensional printing systems. Headquartered in Eden Prairie, MN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Computer Hardware Sub-Industry index. Volcom engages in the design, marketing, and distribution of men and women's clothing, accessories, and related products. Headquartered in Costa Mesa, CA, the company will be added to the S&P SmallCap 600 GICS Apparel, Accessories & Luxury Goods Sub-Industry index. Following is a summary of the changes: S&P SMALLCAP 600 INDEX - June 14, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Stratasys Information Technology Computer Hardware DELETED Lone Star Energy Oil & Gas Equipment Technologies & Services S&P SMALLCAP 600 INDEX - June 15, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Volcom Consumer Discretionary Apparel, Accessories & Luxury Goods DELETED Paxar Information Technology Electronic Equipment Manufacturers 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 (NYSE:MHP) 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 280 offices in 40 countries. Sales in 2006 were $6.3 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/

Copyright