Semi-Annual Changes to the NASDAQ Clean Edge Green Energy Index
September 13 2010 - 7:02AM
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc.
announced today the results of the semi-annual evaluation of the
NASDAQ® Clean Edge® Green Energy Index (Nasdaq:CELS), which will
become effective prior to market open on Monday, September 20,
2010.
The following three securities will be added to the Index:
PowerSecure International, Inc. (Nasdaq:POWR), Tesla Motors, Inc.
(Nasdaq:TSLA), and Vicor Corporation (Nasdaq:VICR).
The Index is designed to track the performance of clean-energy
companies that are publicly traded in the U.S. The Index includes
companies engaged in the manufacturing, development, distribution,
and installation of emerging clean-energy technologies such as
solar photovoltaics, biofuels and advanced batteries. The five
major sub-sectors that the index covers are Renewable Electricity
Generation, Renewable Fuels, Energy Storage & Conversion,
Energy Intelligence and Advanced Energy-Related Materials. The
securities must also meet other eligibility criteria which include
minimum requirements for market value, average daily share volume,
and price. The NASDAQ® Clean Edge® Green Energy Index is re-ranked
semi-annually in March and September. For more information about
the NASDAQ® Clean Edge® Green Energy Index, including detailed
eligibility criteria, visit https://indexes.nasdaqomx.com/.
The NASDAQ Clean Edge Green Energy Index is the
basis for the First Trust NASDAQ Clean Edge Green Energy Index Fund
(Nasdaq:QCLN), which seeks investment results that correspond
generally to the price and yield of the NASDAQ Clean Edge Green
Energy Index before fees and expenses.
As a result of the evaluation, the following five securities
will be removed from the Index:
Ballard Power Systems, Inc. (Nasdaq:BLDP), Capstone Turbine
Corporation (Nasdaq:CPST), Evergreen Solar, Inc. (Nasdaq:ESLR),
FuelCell Energy, Inc. (Nasdaq:FCEL), and UQM Technologies, Inc.
(AMEX:UQM).
About NASDAQ OMX Global Index Group
NASDAQ OMX Global Index Group is engaged in the design,
development, calculation, licensing, and marketing of NASDAQ OMX
Indexes. NASDAQ OMX Global Index Group specializes in the
development of indexes focusing on NASDAQ OMX's brand themes of
innovation, technology, growth, and globalization. NASDAQ OMX
Global Index Group also provides custom index services and design
solutions as a third-party provider to selected financial
organizations. For more information about NASDAQ OMX indexes, visit
www.nasdaq.com/indexes.
About NASDAQ OMX Group
The NASDAQ OMX Group, Inc. is the world's largest exchange
company. It delivers trading, exchange technology and public
company services across six continents, with approximately 3,600
listed companies. NASDAQ OMX Group offers multiple capital raising
solutions to companies around the globe, including its U.S.
listings market; NASDAQ OMX Nordic, including First North, NASDAQ
OMX Baltic and the U.S. 144A sector. The company offers trading
across multiple asset classes including equities, derivatives,
debt, commodities, structured products and ETFs. NASDAQ OMX Group
technology supports the operations of over 70 exchanges, clearing
organizations and central securities depositories in more than 50
countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX Group
exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn,
Riga, and Vilnius. For more information about NASDAQ OMX, visit
www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook
(http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter
(http://www.twitter.com/nasdaqomx).
About Clean Edge
Clean Edge, Inc., founded in 2000, is the world's first research
and publishing firm devoted to the clean-tech sector. The company,
via its publications, events, and online services, helps companies,
investors, and governments understand and profit from clean
technologies. Clean Edge, with offices in the San Francisco Bay
Area and Portland Oregon, offers unparalleled insight and
intelligence on emerging clean-tech trends, opportunities, and
challenges. Among its many activities, the company publishes the
annual "Clean Energy Trends" and "Clean Tech Job Trends" reports;
produces the annual Clean-Tech Investor Summit (along with IBF);
maintains a number of benchmark clean-tech stock indexes with
NASDAQ OMX including CELS, QWND, and QGRD; and produces Clean Edge
Jobs, a leading online jobs board for clean-tech job seekers,
employers, and recruiters. To keep abreast of the latest clean-tech
news; access industry reports; learn more about Clean Edge, or sign
up for the firm's free e-newsletters; visit
http://www.cleanedge.com.
NDAQG
CONTACT: The NASDAQ OMX Group, Inc.
NASDAQ Media Contact:
Wayne Lee
+1.301.978.4875
Wayne.D.Lee@NASDAQOMX.Com
NASDAQ Issuer and Investor Contact:
Lisa Chaney
+1.301.978.8281
Lisa.Chaney@NASDAQOMX.Com
Clean Edge, Inc.
Ron Pernick
+1.503.493.8681
pernick@cleanedge.com
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