NEW YORK, April 4, 2008 /PRNewswire/ -- QED International Associates, Inc., administrator for the HealthShares(TM) Indexes, a series of 20 underlying indexes for the HealthShares(TM) Exchange-Traded Funds, today announced that effective at the opening of trading on Monday April 7, 2008, Masimo Corporation (Nasdaq: MASI) will replace Possis Medical, Inc. (Nasdaq: POSS) in the HealthShares(TM) Cardio Devices Index. Possis is being acquired by Bayer AG (NYSE: BAY).
Previously it was reported that BARCO (BAR.BR) was going to replace Possis.
Companies that are included in the HealthShares(TM) Cardio Devices Index are engaged in the manufacture, distribution and commercialization of medical devices for the treatment of cardiac, vascular, and endovascular disorders and diseases.
About QED International Associates
QED International, based in New York, is a leading financial industry consulting firm specializing in quantitative modeling and the design, development and maintenance of indexes and Exchange Traded Funds. For more information, visit the company's website at http://www.qedinternational.com
|SOURCE QED International Associates, Inc.|
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