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Affymetrix,
Inc. Added to
KLD's Domini 400 Social Index
BOSTON,
MA - October 4, 2004 - KLD Research & Analytics, Inc.,
an independent investment research firm, announced today
that Affymetrix, Inc. (AFFX) has been added to KLD's Domini
400 SocialSM Index. Affymetrix, Inc. is headquartered
in Santa Clara, California.
Affymetrix, Inc. develops systems for acquiring,
analyzing, and managing complex genetic information used
by researchers in the diagnosis and treatment of hereditary
diseases such as cancer and cystic fibrosis. The company
markets its products to pharmaceutical, agrochemical,
and biotechnology companies, government research laboratories,
academic research centers, and clinical reference laboratories.
Reasons KLD added the company
to the Domini 400 Social Index
- Affymetrix has a strong
reputation for innovation in the field of genetic research.
- In October 2003, Affymetrix
and Agilent announced success in a joint effort to double
the number of genes they are able to apply to one micro-chip,
thereby reducing the cost to researchers. Researchers
use the chips to analyze genetic makeup and search for
genes that may cause disease. In November 2003, the
company's gene chip technology was chosen as the tool
for several research grants for the next phase of the
Human Genome Project, which is to create an encyclopedia
of the human DNA elements. The company spent 22.7% of
FY 2003 revenues on research and development.
- One woman, Susan Siegel,
serves among the company's five principal senior line
executives. She is president of the company.
About the KLD Family of Indexes
KLD’s
family of social, environmental and sustainability indexes
include: the Domini 400 SocialSM
Index (DS 400 Index), launched in 1990, is the established
benchmark for measuring the impact of social screening
on financial performance; the KLD Catholic Values 400SM
Index, launched in 1998, is modeled on KLD's DS 400; the
KLD Broad Market SocialSM
Index (KLD BMS Index), launched in 2001, is the screened
subset of the Russell 3000® Index; the
KLD Large Cap SocialSM
Index (KLD LCS Index), launched in 2001, is the screened
subset of the Russell 1000® Index; the
KLD NASDAQ Social Index (KLD NS Index), launched in 2002,
is modeled on the NASDAQ Composite Index; the KLD Select
SocialSM Index, launched
in 2004, is the first US index maximizing sustainability
factors.
About KLD Research & Analytics,
Inc.
KLD Research & Analytics, Inc. is an independent investment
research firm providing investment management tools used
by professionals to serve clients requiring investment
strategies based on social and environmental responsibility.
KLD products and services, including Socrates (a web-based,
company research tool) are used for screening, compliance
and asset gathering.
For more information about KLD or its family of Indexes,
please see our website (www.kld.com)
or contact Karen Agredo by phone (617.426.5270) or via
e-mail (kagredo@kld.com).
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