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Oakbrook Terrace, IL (January 7, 2009) - AeA,
the nation's largest high-tech trade association representing all segments of
the high-tech industry, announced today that the NASDAQ OMX AeA Illinois Tech
Index (Nasdaq ILTI) outperformed the Dow Jones Industrial Average (.INDU), S&P
500, and NASDAQ Composite Index (COMP) since its inception in 2008.
On May 19, 2008, AeA and The NASDAQ Stock Market, a subsidiary of the NASDAQ OMX
Group, Inc, officially unveiled the NASDAQ OMX AeA Illinois Tech Index, the
first state-wide public technology index in the U.S., developed to promote
Illinois' leading technology companies and outstanding technology resources. The
index is a public-private partnership supported by the Illinois Department of
Commerce and Economic Opportunity, Grant Thornton LLP, Baker & McKenzie, and the
Illinois Biotechnology Industry Organization (iBIO), and tracks all public
companies headquartered in Illinois from major sectors including high tech
manufacturing, information technology, biotech, alternative fuels, and life
sciences.
The NASDAQ OMX AeA Illinois Tech Index is a market capitalization-weighted index
that began with a base value of 1000.00. As of December 31, 2008, the index
value decreased in value to 728.92, a net change of -27.11%, and outperformed
the Dow Jones Industrial Average (.INDU), S&P 500, and NASDAQ Composite Index
(COMP).
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NASDAQ OMX AeA Illinois Tech Index (ILTI) |
728.92, net change of -27.11% |
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Dow Jones Industrial Average (.INDU)
S&P 500 (SPX) |
8,776.39, net change of -32.42%
903.25, net change of -36.63% |
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NASDAQ Composite Index (COMP) |
1,577.03, net change of -37.64% |

As of December 31, 2008, there were fifty-eight
companies listed on the Illinois Technology Index with a combined market value
of more than $221 billion. There were several constituent deletions in 2008 due
to mergers and acquisitions. Significant events included the acquisition of
Eagle Test Systems, Inc. by Teradyne, Inc. (NYSE: TER), the acquisition of
NAVTEQ Corporation by Nokia Corporation (NYSE: NOK; Helsinki: NOK1V), and
acquisition of APP Pharmaceuticals, Inc. by Fresenius SE (German: FRE). There
were no additions to the index in 2008.
The top ten index constituents include Abbott Laboratories 37.40%, Baxter
International Inc. 15.01%, Boeing Company (The) 14.12%, Archer-Daniels-Midland
Company 8.35%, Illinois Tool Works Inc. 8.09%, Motorola, Inc. 4.53%, Hospira
Inc. 1.93%, United States Cellular Corporation 1.06%, IDEX Corporation 0.90%,
and Telephone & Data Systems Inc. .76%.
The Illinois Technology Index is calculated during the trading day and is
disseminated every 15 seconds from 09:30:15 to 17:16:00 ET. For a live quote, or
for more information on the index, visit
http://www.aeanet.org/illinoistechindex.
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About AeA
AeA, the nation's largest technology trade association representing all
segments of the high-tech industry, is dedicated solely to helping our members' top line and bottom line. We do this in partnership with our small, medium, and
large member companies by lobbying governments at the state, federal, and
international levels, providing access to capital and business opportunities,
and offering select business services and networking
programs. For more information, please visit
www.aeanet.org.
AeA
merged with the Information Technology Association of America (ITAA) as of
January 1, 2009.
This page was last updated on
01/07/09.
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