The following is a press release I received this morning from RATL's Bill Durling at corporate relations. I believe (hope) that this will bode well for us shareholders. It is yet another sign that RATL continues to grow, gaining well deserved recognition while it does.
Dusty
VERBATIM REPOST OF ARTICLE:
Rational Software to Join NASDAQ-100 Index Beginning December 18, 2000
December 11, 2000
(LEXINGTON, Mass. -- December 11, 2000) -- Rational Software® , (NASDAQ: RATL), the e-development company, announced today it will become a component of the Nasdaq-100 Index®, effective at the beginning of trading Monday, December 18, 2000. Rational will also be included in the Nasdaq-100 Index Tracking StockSM (Amex:QQQ).
Rational Software, with a market capitalization of approximately $8.4 billion, helps organizations develop and deploy software for e-business, e-infrastructure, and e-devices through a combination of tools, services and software engineering best practices.
Rational's e-development solution helps organizations overcome the e-software paradox by accelerating time to market while improving quality. Rational's integrated solution simplifies the process of acquiring, deploying and supporting a comprehensive software development platform, reducing total cost of ownership. IDC has recognized Rational as the market revenue leader in multiple segments of the software development life-cycle management market for four years in a row. Founded in 1981, Rational, one of the world's largest Internet software companies, had revenues of $684 million in its twelve months ended September, 2000 and employs more than 3,400 people around the world. Additional information is available on the Internet at www.rational.com.
The Nasdaq-100 Index, launched in January 1985, has risen over 37 percent from December 1998 through November 2000, although past performance is not necessarily indicative of future performance and Index performance does not represent the performance of the Nasdaq-100 Index Tracking Stock. The Nasdaq-100 Index Tracking Stock represents ownership in the Nasdaq-100 Trust. The Trust holds a portfolio of equity securities that compose the Nasdaq-100 Index and aims to provide investment results that generally correspond with its performance.
The Nasdaq Stock Market lists nearly 5,000 companies, has the largest dollar volume of trades of any financial market, and trades more shares per day than any other U.S. market. Current market capitalization is more than $3.9 trillion. Nasdaq is a subsidiary of the NASD, the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.
Rational, Rational ClearCase, Rational Suite, and the Rational logo are trademarks or registered trademarks of Rational Software Corporation in the United States and in other countries. All other names are used for identification purposes only and are trademarks or registered trademarks of their respective companies. |
