NASDAQ to Ace 20th Year for NASDAQ-100 Open and Fifth Year for QQQ
March 24 2004 - 9:00AM
PR Newswire (US)
NASDAQ to Ace 20th Year for NASDAQ-100 Open and Fifth Year for QQQ
MIAMI, March 24 /PRNewswire/ -- The NASDAQ-100 Open, the largest
titled sponsorship in tennis, begins today in Miami. In its third
year as title sponsor, the NASDAQ-100 Index Tracking Stock(SM)
(QQQ) is planning an expanded on-site presence to celebrate the
Tournament's 20th year and the 5th year of QQQ(SM). This includes
the QQQ pavilion featuring commemorative promotional giveaways, a
co-hosted World Series of Exchange Traded Funds conference and
special activities for local youth during the tournament's "Kids
Day." The NASDAQ-100 Open takes place at the Tennis Center at
Crandon Park in Miami from March 24th to April 4th. The NASDAQ-100
Open is named for its sponsor, the NASDAQ-100 Index Tracking Stock
which trades under the symbol QQQ. QQQ is the most actively traded
Exchange Traded Fund in the world(1) and the most actively traded
listed security in the United States(2). It tracks the NASDAQ-100
Index(R), which represents NASDAQ's top 100, non-financial
companies. Various industries are covered in QQQ, ranging from
computer hardware, software and telecommunications to retail and
wholesale trade and biotechnology. "The NASDAQ-100 Open remains one
of the world's most visible and dynamic sports events -- fitting
for the largest electronic stock market in the U.S. and the most
actively traded exchange traded fund in the world, QQQ," said Bob
Greifeld, President and Chief Executive Officer of NASDAQ. "The
Tournamentprovides us with a platform to showcase our industry
leading companies that comprise the NASDAQ-100 Index." Expanded
sponsorship activities include: * The NASDAQ-100/QQQ Pavilion,
centrally-located adjacent to the stadium, has been designedto
serve as a hub for activity during the tournament. -- Throughout
the tournament, fans will be treated to autograph signings with top
players. -- The first 10,000 visitors to the pavilion each day will
receive a free8x10 collector card highlighting some of the greatest
moments in Tournament History, information on NASDAQ-100 companies
and QQQ and NASDAQ-100 company trivia. -- New creative for NASDAQ's
QQQ ad campaign will also be on display. * For the first time, the
World Series of Exchange Traded Funds will take place in Key
Biscayne on March 28-30 coinciding with the NASDAQ-100 Open. -- The
longest running and best-attended conference of its kind, The World
Series of Exchange Traded Funds specifically addresses exchange
traded fund-related issues relevant to financial planners, advisors
and other wealth management professionals. * Scholastic character
Geronimo the Mouse will appear at the QQQ Pavilion during Kids Day
on March 24th for autographs and special giveaways. * NASDAQ
partnered with NASDAQ-100 company Apple to provide iPods as player
gifts for every player participating in the Tournament (250 total).
* NASDAQ will hand out lanyards during the first weekend and
baseball hats during finals weekend at the front gates. * Live
Broadcast of the NASDAQ-100 Open men's and women's finals on the
MarketSite(R) screen in Times Square. About the NASDAQ-100 Open
Celebrating its 20th year, the 2004 NASDAQ-100 Open will be played
March 24-April 4 at the Tennis Center at Crandon Park in Miami. The
12-day event, founded by Butch Buchholz in 1985, is owned by IMG.
The NASDAQ-100 Open is one of nine Tennis Masters Series events on
the ATP calendar, a top tier event on the WTA TOUR calendar, and
features the top men's and women's tennis players in the world. In
2003, Serena Williams and Andre Agassi repeated as champions.
Agassi won his record third straight title and sixth overall, while
Williams defeated Jennifer Capriati for the second consecutive year
in the final. Call (305) 442-3367 for tickets and more information.
About The NASDAQ Stock Market NASDAQ is the largest U.S. electronic
stock market. With approximately 3,300 companies, it lists more
companies and, on average, trades more shares per day than any
other U.S. market. It is home to industry-leading companies that
are leaders across all areas of business includingtechnology,
retail, communications, financial services, transportation, media
and biotechnology. NASDAQ is the primary market for trading NASDAQ
listed stocks. Approximately 54% of NASDAQ-listed shares traded are
reported to NASDAQ systems. For more information about NASDAQ,
visit the NASDAQ Web site at http://www.nasdaq.com/ or the NASDAQ
Newsroom(SM) at http://www.nasdaqnews.com/. About the NASDAQ-100
Index Tracking Stock (QQQ) QQQ offers investors a simple way to
diversify their portfolio withthe opportunity to buy NASDAQ-100
companies in a single security. QQQ is a simple way to diversify
your investment portfolio. With one stock, you can own 100 of
NASDAQ's top, non-financial companies-companies you know like
Starbucks(R), Microsoft(R), Amazon.com(R), and Costco(R)-companies
that have changed the way we work, live and play. QQQ represents
nine diverse industries from technology to health care to retail.
As an exchange traded fund, QQQ tracks the performance of the
NASDAQ-100 Index(R). It is the most actively traded exchange traded
fund in the world and the most actively traded listed security in
the U.S. With the ease of trading like a stock, you can buy it or
sell QQQ any time during market hours. It's tax efficient and low
cost; of course, ordinary brokerage commissions apply. The
NASDAQ-100 Index Tracking Stock is subject to risks similar to
those of stocks, including those regarding short selling and margin
account maintenance. Investors should consider investment
objectives, risks, charges and expenses before investing. For this
and more complete information about QQQ, a unit investment trust,
obtain a prospectus from your broker, or call 888.627.3837. Read it
carefully before you invest. ALPS Distributors, Inc. is a
distributor for the Trust. (1) Source: Morgan Stanley Equity
Research Europe: Exchange Traded Funds, February 5, 2004. Data as
of 2/29/04. (2) Source: FactSet Research Systems, Inc. as of
2/29/04 DATASOURCE: NASDAQ CONTACT: Wayne Lee of NASDAQ,
+1-301-978-4875; or Larry Koffler of Edelman, +1-212-704-8162, for
NASDAQ Web site: http://www.nasdaqnews.com/ http://www.nasdaq.com/
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