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Standard & Poor's Compustat(R) Expands Coverage in Taiwan, India

2007-05-30 09:43 5266

Compustat's Company Data Grows to 17,500 Firms, Adding 500 Businesses in India and 900 in Taiwan, Helping Clients Who Need Indian and Taiwanese Company Information for Their Financial Analysis

NEW YORK, May 30 /Xinhua-PRNewswire/ -- In response to growing customer demand for more fundamental information on Asian companies, Standard & Poor's, the leading provider of financial market intelligence, announced that Compustat(R) has expanded significantly its company coverage in Taiwan and India.

Compustat has added approximately 500 active Indian companies, including between five and 10 years of company history. Compustat has also entered an agreement with TX Investment Consulting Company (TX), a data provider in Beijing, to receive extensive fundamental data for an additional 900 companies in Taiwan. The initial set of Taiwanese data will provide two-to-three years of annual history, including one year of semiannual history, and is expected to grow to five years of history by this summer. The addition of Taiwan-based companies brings Compustat's overall market cap coverage for the Asian market to over 90%.

"Institutional money managers and analysts around the world who use Compustat's vital company, index and industry information to support their financial models and analysis, will appreciate the additional company coverage in Taiwan and India," said Chandra Muliadikara, Compustat Product Manager. "Our partnerships with the data providers of the Indian and Taiwanese company data enable us to capitalize on their expertise and deliver a more robust database to our clients."

For more information, visit http://www.standardandpoors.com or call 800-523-4534.

About Compustat Data

Standard & Poor's Compustat(R) data is used by institutional money managers and analysts around the world. With fundamental and market data on 65,000 global securities, Compustat provides vital company, index and industry information that supports financial models and proprietary company and industry analysis.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com .

Source: Standard & Poor's
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