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NASDAQ OMX to List PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (LDRI)

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NEW YORK, Sept. 8, 2014 (GLOBE NEWSWIRE) -- NASDAQ OMX today announced that Invesco PowerShares is preparing to launch a new exchange-traded fund (ETF), the PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (Symbol:LDRI), which will be listed on The NASDAQ Stock Market® (NASDAQ®). LDRI will begin trading on NASDAQ on Wednesday, September 10, 2014.

"We are excited to partner with the NASDAQ OMX to expand our smart beta fixed income family with an equal weighted annual maturity ladder strategy," said Lorraine Wang, Invesco PowerShares Global Head of ETF Products and Research. "Investors looking to preserve capital and generate income in an uncertain interest rate environment may want to consider LDRI as a possible solution given its short-term nature and laddering approach."

PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (LDRI) seeks to track the NASDAQ LadderRite® 0-5 Year USD Corporate Bond Index (LadderRite Index), which is comprised of investment-grade corporate bonds with maturities of five years or less. The LadderRite index uses a rules-based index methodology that has the potential to reduce turnover and transaction costs and provide a more efficient means of managing interest rate volatility while maintaining a consistent maturity profile.

"We are thrilled to list another innovative PowerShares exchange-traded product on NASDAQ," said Walt Smith, Vice President, Head of U.S. Equities & Group Revenue Management at NASDAQ OMX. "We value our partnership with Invesco PowerShares and will continue to offer our support as they expand their robust product offering and grow their footprint into new markets across the globe."

NASDAQ OMX operates an efficient platform for successfully introducing a product suite into one of the single largest pools of liquidity, including market participants which represent a full spectrum of investors. ETF issuers benefit from an end-to-end solution that provides ongoing product support at every level including index licensing, listings opportunities, data offerings and trading services. As the home to some of the world's most innovative ventures, NASDAQ OMX generates opportunities for issuers to access new markets and deliver new concepts that change the way the industry develops, manages and applies ETFs.

About Invesco PowerShares:

Invesco PowerShares is leading the Intelligent ETF Revolution through its family of more than 140 domestic and international exchange-traded funds (ETFs). PowerShares ETFs seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. For additional information on PowerShares, please visit their website at https://www.invesco.com/portal/site/us/investors/etfs.

About NASDAQ OMX:

NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients.  To learn more, visit www.nasdaqomx.com.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

The PowerShares LadderRite 0-5 Year Corporate Bond Portfolio ETF has not been passed on by NASDAQ OMX as to its legality or suitability, and it is not issued or sold by NASDAQ OMX. NASDAQ OMX MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE POWERSHARES LADDERRITE 0-5 YEAR CORPORATE BOND PORTFOLIO ETF.

Nothing contained herein should be construed as investment advice from NASDAQ OMX, either on behalf of a particular financial product or an overall investment strategy. NASDAQ OMX makes no recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Investors should undertake their own due diligence and carefully evaluate financial products before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

Investments in fixed-income securities, such as notes and bonds, carry interest rate and credit risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. Credit risk is the risk of loss on an investment due to the deterioration of an issuer's financial health.

NDAQG

CONTACT: Invesco PowerShares Media Contact: Kristin Sadlon Porter Novelli (212) 601-8192 (office) Kristin.Sadlon@porternovelli.com NASDAQ OMX Media Contact: Alexa Sugrue +1 (212) 231-5552 (office) +1 (646) 577-3157 (mobile) Alexa.Sugrue@NASDAQOMX.com

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