Boulder/Helsinki, July 24, 2008 - Vaisala, a global leader in
environmental and industrial measurement, has been selected by the
Cleantech Group(TM), LLC to join its prestigious Cleantech Index
(CTIUS) of public clean technology companies. CTIUS is a stock market
index intended to reflect the surging global demand for cleantech
products and services.
Cleantech products are defined as knowledge-based products and
services that add economic value by reducing cost, raising
productivity and/or product performance while reducing resource
consumption and their negative impact on the environment and public
health. The Cleantech Index is comprised of stocks of publicly traded
companies worldwide that are leaders in cleantech innovation and
commercial deployment across a broad range of industry sectors: from
alternative energy and energy efficiency to advanced materials, clean
air & water, ecofriendly agriculture/nutrition, clean manufacturing,
and more.
Only 76 companies globally have qualified for the Index so far, of
them approximately half are non-US based. Vaisala now joins this
elite group that must meet 18 screening criteria just to be
shortlisted for selection - including profitability, growth,
environmental impact, industry leadership, intellectual property,
strategy, management quality, liquidity, and more.
There are several investment funds that track the Cleantech Index,
such the PowerShares Cleantech ETF (PZD) and the KSM Cleantech ETF in
Israel (KSMCTIUS).
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Further information:
Helena Marjaranta, Communications Director, tel. +358 9 8949 2832,
helena.marjaranta (a) vaisala.com (Helsinki, Finland)
Cleantech Index: http://www.cleantechindex.com/
Vaisala is a global leader in environmental and industrial
measurement, providing services, products and solutions for
meteorology, environmental sciences, aviation, traffic and industry.
Built on science-based innovation, advanced technology and over 70
years of experience, Vaisala is committed to providing a better
quality of life through environmental measurement. Headquartered in
Finland, Vaisala employs over 1100 professionals and is listed on the
Nordic Exchange, Helsinki. www.vaisala.com
Copyright © Hugin AS 2008. All rights reserved.
