Standard & Poor's Announces Changes to U.S. Index

NEW YORK, May 2, 2011 /PRNewswire/ -- S&P will make the following changes to S&P SmallCap 600 Index:

• Select Comfort Corp. (NASD:SCSS) will replace Tollgrade Communications Inc. (NASD:TLGD) after the close of trading on Thursday, May 5. Private equity firm Golden Gate Capital is acquiring Tollgrade Communications in a deal expected to be completed on or about that date pending final approvals.

• Cirrus Logic Inc. (NASD:CRUS) will replace Epicor Software Corp. (NASD:EPIC) after the close of trading on Friday, May 6. Private equity firm Apax Partners is acquiring Epicor Software in a deal expected to be completed soon, pending final conditions.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com.  

Select Comfort develops, manufactures, markets, and distributes adjustable-firmness beds and other sleep-related accessory products.  Headquartered in Minneapolis, MN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Homefurnishing Retail Sub-Industry index.

Cirrus Logic develops high-precision analog and mixed-signal integrated circuits. Headquartered in Austin, TX, the company will be added to the S&P SmallCap 600 GICS Semiconductors Sub-Industry index.

Following is a summary of the changes:

For more information about S&P Indices, please visit www.standardandpoors.com/indices.  

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907

SOURCE Standard & Poor's

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