Standard & Poor's Announces Change to U.S. Index

NEW YORK, Nov. 22, 2010 /PRNewswire/ -- Synchronoss Technologies Inc. (Nasdaq: SNCR) will replace Bowne & Co. Inc. (NYSE: BNE) in the S&P SmallCap 600 index after the close of trading on Wednesday, November 24.  S&P 500 constituent R. R. Donnelley & Sons Co. (Nasdaq: RRD) is acquiring Bowne in a deal expected to be completed soon, pending final approvals.

Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.

Synchronoss Technologies provides on-demand transaction management platforms.  Headquartered in Bridgewater, NJ, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Application Software Sub-Industry index.  

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – November 24, 2010
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Synchronoss Technologies	Information Technology	Application Software
DELETED	Bowne & Co.	Industrials	Commercial Printing

For more information about S&P Indices, please visit www.standardandpoors.com/indices.

About S&P Indices

S&P Indices, a part of McGraw-Hill Financial, is the world's leading index provider maintaining a wide variety of investable and benchmark indices. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

About McGraw-Hill Financial

McGraw-Hill Financial, a part of The McGraw-Hill Companies (NYSE: MHP), is a leading provider of research and analytical tools for investment advisors, wealth managers and institutional investors. It deploys the latest innovative technology strategies to deliver to customers a portfolio of cross-asset analytics, integrated desktop services, valuation and index benchmarks and investment recommendations in the rapidly growing $16 billion financial information, data and analytics market.

For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
[phone]

SOURCE Standard & Poor's

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