ADVISORY, March 20, 2007 (PRIME NEWSWIRE) --
What: Bruce Bond, Chief Executive Officer of PowerShares Capital Management will preside over the opening bell. The Nasdaq Stock Market & PowerShares Capital Management celebrate the transfer of sponsorships for the NASDAQ-100 Index Tracking Stock(r) (Nasdaq:QQQQ), also known as QQQ(r), and the 4 BLDRS Index Funds Trust(sm) (Nasdaq:ADRE) (Nasdaq:ADRD) (Nasdaq:ADRU) (Nasdaq:ADRA) to PowerShares Capital Management, on Wednesday, March 21st. The existing NASDAQ-100 Index Tracking Stock will be renamed the PowerShares QQQ(tm) NASDAQ-100(r) and PowerShares will assume all marketing responsibilities for the funds. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Wednesday, March 21, 2007 at 9:30 a.m. ET Contacts: NASDAQ MarketSite: Jolene Libretto; 646.441.5220; mobile - 347.219.9539 Jolene.Libretto@NASDAQ.com
The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.
A live Webcast of the NASDAQ Opening Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About PowerShares Capital Management:
PowerShares Capital Management LLC is passionate about its goal of efficiently delivering the highest quality institutional investment management services available. PowerShares is Leading the Intelligent ETF Revolution(r), providing investment advisors with institutional caliber asset management that seeks to replicate enhanced indexes in one of the more benefit rich investment vehicles available in the marketplace today, the exchange-traded fund. The firm is committed to theoretically sound portfolio construction and empirically verifiable investment management approaches. PowerShares' asset management philosophy and investment discipline are deeply rooted in the application of intuitive factor analysis and model implementation to enhance investment decisions.