Part of New Agreement with Revere Data LLC to Use Proprietary Databases and Classification System

New York, June 2, 2005 - The American Stock Exchange (Amex) announced today the launch of the first nine Industry Group Intellidex Indexes as part of a new agreement with Revere Data LLC. These indices will more than double the number of Intellidex Indexes calculated by the Amex.

These Intellidex Indexes are calculated using a modified, equal-dollar weighting methodology, which is applied to 30 stocks selected from targeted industry universes based on Revere Data’s proprietary research. They are designed to identify stocks from a given market segment that have capital appreciation potential using the Amex’s proprietary Intellidex stock selection and portfolio construction methodology. Eligible companies are ranked quarterly, based on criteria including fundamentals, valuation, timeliness and risk factors - which then are selected based on cumulative score.

Robert Tull, Vice President of New Product Development, at the Amex, said, “We are excited to be able to use Revere Data’s information and classification system as well as its screening tools in developing Intellidex Indexes. These new indexes are the first Industry Group Intellidex Indexes that we will be introducing as part of our new relationship with Revere Data. Revere Data’s extensive research on the product and market categories allows us to create customized industry universes to enhance the Intellidex model and selection process.”

“We are pleased to be working with the American Stock Exchange and appreciate its recognition of the value of our comprehensive research database as well as the ease of use of our products,” said Revere Data CEO Glen Wolyner. “Our goal is to make it easier for the end user to select stocks or pools of stocks that accurately reflect defined parameters - in this case as a tool for the Amex to create ETFs like the Industry Group Intellidex Indexes.”

The new indexes include: Dynamic Pharmaceutical Intellidex Index (Symbol: DZR); Dynamic Biotech & Genome Intellidex Index (Symbol: DZO); Dynamic Food & Beverage Intellidex Index (Symbol: DZF); Dynamic Leisure & Entertainment Intellidex Index (Symbol: DZL); Dynamic Media Intellidex Index (Symbol: DZM); Dynamic Networking Intellidex Index (Symbol: DZN); Dynamic Semiconductor Intellidex Index (Symbol: DZE); Dynamic Software Intellidex Index (Symbol: DZC); and Dynamic Hardware & Consumer Electronics Intellidex Index (Symbol: DZH).

Revere’s research provides a detailed analysis of business sectors in which companies compete. Instead of using the typical top-down classification system where each company is assigned to a single broad category, the Revere Hierarchy works from the bottom up by mapping companies to multiple, highly-specific Product Levels based on their actual products. The Hierarchy’s 12,000 Product Levels then roll up into an easily navigable structure of Product Groups, Subsectors, Sectors, and Industries. Revere classifies companies based on revenue generated in a particular sector, product line, or service in order to include all players in a given market.

The previous eight Intellidex Indexes served as benchmark indices for exchange traded funds offered by PowerShares Capital Management. PowerShares is becoming a premier provider using the Intellidex indices as core products. Powershares is expected to introduce ETFs based on these Intellidex Indexes in the near future, pending regulatory approval.


The American Stock Exchange® (Amex®) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 156 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.


Revere Data, LLC, provides finance and business professionals with superior data and analytics for companies traded publicly on U.S. exchanges. The Revere Data approach is based on precise product and industry classification and identification of key business relationships. Revere Data’s datafeeds and its research and real-time trading applications feature unique content derived from Revere Data’s own independent research: the Revere Hierarchy™, a patented classification system that provides unmatched detail in specifying a company’s business activities and identifying exact competitors, and Revere Relationships™, a database mapping a company to its key competitors, customers, suppliers, and strategic partners. For more information, please visit www.reveredata.com.


Media Contact:
Mary Chung
American Stock Exchange
212-306-1641
mary.chung@amex.com