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CLEANTECH INDEX (CTIUS) EXPANDS GLOBALLY,
ADDS 34 NEW COMPANIES
NEW YORK, June 30, 2008 The
Cleantech Group™, LLC in conjunction with the American
Stock Exchange (Amex), today announced its Cleantech Index™ (AMEX: CTIUS) added 34
companies to its portfolio of global cleantech leaders. The changes are also reflected in funds
based upon CTIUS, including the PowerShares Cleantech Portfolio ETF (Amex: PZD) and KSM
Cleantech ETF (Bloomberg: KSMCLNT: IT) in Israel.
“This expansion augments the Index’s coverage of the surging world demand for clean
technology solutions in the face of resource and environmental challenges,” said Rafael Coven,
Managing Director of Cleantech Indices for the Cleantech Group, LLC, and Index Advisor.
“Many of the best cleantech companies trade on foreign exchanges, so the additions ensure
CTIUS remains the premier index reflecting the growth of cleantech across a broad range of
industry sectors and geographies.
The Cleantech Group’s Cleantech Index is the first, and only, equity index to offer investors and
index licensees an easy, liquid, and costeffective
way to track and invest in the broad cleantech
category. Unlike indices that specifically track narrow sectors such renewable energy or water,
the Cleantech Index includes leading companies from a broad range of sectors such as advanced
materials, agriculture, transportation, manufacturing, in addition to energy efficiency, renewables
and water.
“The broad cleantech category has shown superior performance than more volatile and narrowly
defined vertical or sector products,” said Coven.
CTIUS is the industry gold standard upon which a growing range of financial products are based.
In 2007, the Index outperformed the S&P 500 by 37.4 percent, over the last 12 months by 26.3
percent and in 2008 (through June 27) by 6.5 percent.
NonUS companies now comprise approximately half of the 76company Index. The expansion
includes 24 European companies, six from Asia and four from North America. Index companies
must derive at least half of their operating profits or revenues from clean technology businesses,
and pass 16 other quantitative and qualitative screens.
The companies joining the Index are:
Accsys Technologies, UK (AXS.L)
Arcadis, Netherlands (ARCAD.AS)
Asahi Pretec, Japan (5855:JP)
Best Water Technology, Austria (BWT.VI)
Centrotherm PV, Germany (CTN.DE)
Chloride Group, UK (CHLD.L)
Christ Water Technologies, Austria (CWT.VI)
Energy Development Co., The Philippines (EDC:PM)
Eurofins Scientific, France (ERF.PA);
Fuel Systems Solutions, USA (FSYS)
Gamesa, Spain (GAM.MC)
Grontmij, Netherlands (GRONT.AS)
Gurit Holding, Switzerland (GUR.SW)
Hansen Transmissions International, Belgium (HSN.L)
Horiba, Japan (6856:JP)
Hyflux, Singapore (600.SI)
Iberdrola Renovables, Spain (IBR.MC)
Kingspan Group, Ireland (KRX.IR)
Kurita Water Industries, Japan (6370:JP)
Meyer Burger Technology, Switzerland (MBTN.SW)
Novozymes, Denmark (NZYM.CO)
Plant Health Care, UK (PHC.L)
Renewable Energy Corp., Norway (REC.OL)
Roth & Rau, Germany (R8R.DE)
Saft Groupe, France (SAFT.PA)
Schneider Electric, France (SU.PA)
Solar Millennium, Germany (S2M.DE)
Suzlon Energy, India (SUZLON.NS)
Tomra Systems, Norway (TOM.OL)
Vaisala, Finland (VAIAS.FH)
Vestas Wind Systems, Denmark (VWS.CO)
Waterfurnace Renewable Energy, USA (WFI.TO)
Westport Innovations, Canada (WPT.TO)
Xantrex Technology, Canada (XTX.TO)
The complete list of Cleantech Index companies is listed at http://www.cleantechindex.com
SOURCE:
Cleantech Group, LLC.
MEDIA CONTACT:
Caroline Venza
Antenna Group Public Relations
(+1 415) 9771939
caroline@antennagroup.com
WEB SITES:
http://www.cleantech.com
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