Stock Sectors

Computer Software

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WIPRO LIMITED (WIT)

Wipro Limited provides Information Technology (IT) services worldwide. It offers software solutions, IT services, IT consulting, business process outsourcing services, and research and development services in the areas of hardware and software design. The company operates in three segments: Global IT Services and Products, India and Asia Pac IT Services and Products, and Consumer Care and Lighting. The Global IT Services and Products segment offers enterprise IT services, technology infrastructure support services, research and development services, and business process outsourcing services. This segment markets its products through direct sales force with locations in the United States, France, Germany, Holland, Japan, Sweden, and the United Kingdom. The India and Asia Pac IT Services and Products segment offers technology products, such as personal desktop computers, servers, notebooks, storage products, networking solutions, and packaged software; technology integration, IT management, and infrastructure outsourcing services; custom application development, application integration, package implementation, and maintenance; and consulting services. It also provides enterprise solutions, and research and development services. This segment markets its products through direct sales force and channel partners in India, Asia Pacific, and Middle-East regions. The Consumer Care and Lighting segment manufactures hydrogenated cooking oil, soaps and toiletries, light bulbs and fluorescent tubes, and lighting accessories. This segment markets its products through direct sales force and distribution networks in India. Wipro was incorporated in 1945 and is headquartered in Bangalore, India.

RETALIX LTD - ORDINARY SHARES (RTLX)

Retalix, Ltd. engages in the development, manufacture, and marketing of integrated enterprise-wide, open software solutions for the retail food and fuel industries. The company's portfolio of software solutions includes in-store solutions, enterprise solutions, warehouse management solutions, and application service provider (ASP) and supplier solutions. The in-store solutions support various types of customer service points, provide in-store operational and management tools for POS, front-office and back-office operations, and allow mobile applications that enable in-store personnel to carry out back-office tasks using mobile computing devices. The enterprise solutions centralize operation and management of enterprise-wide and back-office activities, such as product and price management, promotions, merchandising, and reporting and analysis. These enterprise solutions also provide customer management tools and loyalty card-based marketing techniques. The warehouse management solutions provide warehouse management, automated procurement, merchandising, order management, invoice reconciliation, and yard and dock management. The ASP and supplier solutions offer solutions that provide retailers and their suppliers with the ability to exchange data and collaborate electronically on supply chain and merchandising decisions. In addition, Retalix offers project management, implementation, application training, and technical services, as well as development services, ongoing support, and product maintenance services. The company offers its software solutions to supermarkets, convenience stores, restaurants, fuel stations, and independent grocers through direct sales, distributors, and dealers. As of April 1, 2005, it installed its products in approximately 33,000 stores in 50 countries worldwide. The company was formed in 1982. It was formerly known as Point of Sale, Ltd. and changed its name to Retalix, Ltd. in 2000. Retalix is headquartered in Raanana, Israel.

ASTEA INTERNATIONAL INC (ATEA)

Astea International, Inc. engages in the development and marketing of service management software solutions, which are licensed to companies that sell and service equipment, and/or sell and deliver professional services worldwide. The company's primary product offering, the Alliance suite, integrates and automates sales and service business processes. Alliance supports the service lifecycle, from lead generation and project quotation to service, and billing to asset retirement. It integrates business processes for contact center, field service, depot repair, logistics, professional services, and sales and marketing. Astea extends its applications with portal, analytics, and mobile solutions. Alliance Customer Portal enables to perform transactions that customers can perform over the Internet. The Alliance Customer Portal is an entry point that supports e-business transactions for customer self-service and sales. Alliance Analytics provides users with preconfigured business intelligence applications focused on customer and field service, customer satisfaction, and product performance. The company also provides consulting, training, and support services to implement its products. Its consulting services include feasibility studies, process productivity assessments, gap analyses, migration services, project management, seminars, and custom development. Astea also offers business consulting and information technology system integration services. The company's solutions are used in various industries, such as information technology, medical devices and diagnostic systems, industrial controls and instrumentation, retail systems, office automation, imaging systems, facilities management, telecommunications, and other industries with equipment sales and service requirements. The company was founded in 1979 as Applied System Technologies, Inc. and changed its name to Astea International, Inc. in 1992. Astea is headquartered in Horsham, Pennsylvania.

VERSANT CORPORATION (VSNT)

Versant Corporation engages in the design, development, marketing, and support of object database management, data access, and data integration software systems in the United States. Its data management product offerings include Versant Developer Suite (VDS), an object database management system used in real-time applications; FastObjects, an embedded application object data base; and Versant Open Access (VOA), a software product family that provides business application developers an object storage tool. The company also offers various services, including consulting, training, and technical support services to assist users in developing and deploying applications based on VDS, FastObjects, and VOA. Versant markets and sells its products through a direct sales force, value added resellers, distributors, and systems integrators. Its products and solutions are used primarily by enterprises, such as technology providers, telecommunications carriers, government defense agencies and defense contractors, healthcare companies, and companies in the financial services and transportation industries. Versant was incorporated in 1988 under the name Object Sciences Corporation and subsequently changed its name to Versant Corporation. The company is headquartered in Fremont, California.

ANALYSTS INTERNATIONAL CORPORATION (ANLY)

Analysts International Corporation provides information technology (IT) consulting, software development, and other related services in the United States, Canada, and the United Kingdom. Its services include technology integration services for applications and hardware; advisory services for IT investments; outsourcing services; and staffing services. The company's staffing services provide IT supplemental staffing and managed team services, as well as single source staffing of programmers and other software professionals. Its advisory services provide methodologies and processes for implementing technology and managing human capital. Analysts International's outsourcing services include hosting and asset protection. It hosts and maintains various projects, including informational Web sites, as well as integrated systems, including databases, Web front-ends, and connections to suppliers over both public and private networks. The company's asset protection services include incoming/outgoing traffic management and security vulnerability analysis of facilities. In addition, Analysts International offers application and Web site development, and legacy system maintenance services. The company offers its services in the areas of Internet protocol telephony and wireless communications, enterprise resource planning integration, infrastructure services, storage solutions, security and business continuity planning, portals and collaboration, customer relationship management, network design, managed services, offshore advisory, service desk, and warranty services. Analysts International was founded in 1966 by Frederick W. Lang. The company is headquartered in Minneapolis, Minnesota.

TSR INC (TSRI)

TSR, Inc. provides contract computer programming services primarily to Fortune 1000 companies, and state and local government agencies in the New York metropolitan area, New England, and the mid-Atlantic region. It provides technical staff for mainframe and mid-range computer operations, personal computers and client-server support, Internet and e-commerce operations, voice and data communications, and help desk support. TSR was founded in 1969 and is based in Hauppauge, New York.

PERVASIVE SOFTWARE INC (PVSW)

Pervasive Software, Inc. engages in the design, development, and marketing of data infrastructure software worldwide. Its software products enable its customers to manage, integrate, analyze, and secure their data. The company offers a line of data infrastructure products, including Pervasive.SQL for client/server, Web, and mobile mission-critical applications deployed on various operating systems; DataExchange, which offers solutions to data movement and synchronization problems; Backup Agent for customers needing weekly or nightly copies and protection of their data; AuditMaster, which monitors and reports activities occurring in a Pervasive.SQL database; and Postgres, which validates and supports distribution of PostgreSQL. Its data and application integration product line includes Data Migration Toolkit that enables to migrate data between legacy and new applications or data stores; Data Integrator, which aggregates and integrates data for processing; Business Integrator for integrating multiple business applications within or across organizations; Data Profiler that reduces the risk and expenses associated with manually checking data; Integration Manager, which provides single-point administration, performance monitoring, and job scheduling of integration processes running on remote integration engines; Oracle Adaptors, which enable the access to heterogeneous data; and Message Store, a data collection framework allowing companies to receive, integrate, store, audit, and retrieve data sent in message formats. The company also offers and Data Migrator, Data Integrator, and Business Integrator Embedded solutions. It sells its products primarily to small to mid-size enterprises through a channel of independent software vendors, value-added resellers, and systems integrators. Pervasive Software was founded in 1994 and is headquartered in Austin, Texas.

DATAWATCH CORPORATION (DWCH)

Datawatch Corporation engages in the design, development, marketing, and distribution of business computer software products. It offers Monarch, a desktop report mining and business intelligence application that transforms structured text files into a live database so that users can sort, filter, summarize, graph, and export to other applications, such as Excel or Access; Monarch Data Pump, which delivers an enterprise solution to acquire, combine, and monitor customized data, as well as deliver that data in a variety of formats; and Monarch|RMS, a Web-based report mining and analysis solution. The company provides Datawatch|ES, a Web-enabled business information portal that provides report management, business intelligence, content management, and the ability to analyze data within reports; and Datawatch|Researcher, which finds and gathers inter-related data, documents, and communications scattered over multiple and disparate repositories, and then merges, analyzes, and delivers the results for use in business processes or applications. It offers Visual|QSM, an internet-enabled information technology (IT) support solution; Visual|Help Desk, a help desk and call center solution that supports an organization's existing IT infrastructure; and VorteXML, a software that converts structured text output into valid XML for Web services. The company also provides consulting services, such as implementation and support of its software products, as well as training on their use and administration. It offers its products through distributors and resellers. The company was founded in 1985 and is headquartered in Lowell, Massachusetts.

PINNACLE DATA SYSTEMS INC (PNS)

Pinnacle Data Systems, Inc. (PDSi) provides products and technical services to original equipment manufacturers (OEMs) in the medical, telecommunications, defense, imaging, and computer equipment industries. It offers computer and related product development and manufacturing services. PDSi's products include intelligent network products, which are designed to facilitate the convergence of PSTN and IP networks; application specific systems, designed to facilitate specific medical and enterprise computing applications; custom design engagements include design and development of custom hardware products for specific OEM programs; and product lifecycle management that provide complete products lifecycle support. The company's services include depot repair, which offer testing, diagnostics, and board and system-level depot repair service; field support services, which include contact center support, advanced exchange and on-site service; and supply chain management services, including warranty administration, inventory management, vendor/freight management, and electronic tracking systems. PDSi was founded in 1989 and is headquartered in Columbus, Ohio.

THE DESCARTES SYSTEMS GROUP INC (DSGX)

The Descartes Systems Group, Inc. engages in the development, marketing, implementation, and support of software and services for supply chain management. The company's technology-based solutions offer connectivity and business document exchange, route planning and wireless dispatch, inventory and asset visibility, transportation management, carrier contract management, and warehouse optimization. It also provides various related services, including consulting, implementation, training, and maintenance and support. The company sells its products worldwide to retail, consumer product goods, manufacturing, and transportation companies through direct sales force, distributors, and value-added resellers. The Descartes Systems Group has a strategic alliance with Remote Dynamics, Inc. to offer REDIview with Descartes Routing and Scheduling. The company was founded in 1981 and is headquartered in Waterloo, Canada.

BITSTREAM INC (BITS)

Bitstream, Inc. engages in the development and marketing of software products and technologies that enable customers worldwide to render text, browse the Web on wireless devices, select fonts online, and customize documents over the Internet. The company categorizes its products and technologies into three product lines: Fonts and Font Technology, Browsing Technology, and Publishing Technology. The Font Technology line includes font rendering and display software. Its software products are used in mobile and smart phones, handheld and wireless devices, gaming software, graphics applications, Internet and corporate Intranet software, interactive TV and set-top boxes, high-definition digital theater and television, and embedded systems. The company also sells fonts and font-related products developed and designed by third party foundries and designers. The Browsing Technology line includes ThunderHawk, a wireless Web browsing technology for small wireless devices, including Pocket PCs and cell, and smart phones. ThuderHawk has three editions: ThunderHawk Enterprise Server, ThunderHawk SmartPhone, and ThunderHawk PocketPC. The Publishing Technology line offers Web publishing products. The company sells its products directly and through resellers to original equipment manufacturers, independent software vendors, corporations, wireless carriers and operators, device manufacturers, and consumers. It also operates MyFonts.com, a Web site that provides a collection of fonts. It also provides other services, such as custom design and development, and training. The company's customers are located principally in the United States, Canada, Japan, and the United Kingdom. The company's strategic partners include Electronics for Imaging, Xerox, and Creo. Bitstream was founded in 1981 and is headquartered in Cambridge, Massachusetts.

MEDIWARE INFORMATION SYSTEMS INC (MEDW)

Mediware Information Systems, Inc. engages in the development, marketing, licensing, implementation, and support of clinical management information software systems for hospitals. The company operates through three divisions: Medication Management Systems, Blood Bank Systems, and Operating Room Systems. The Medication Management Systems division provides information and management software systems to hospitals, mental health facilities, penal institutions, and other institutions. Its software provides specialized tools for the management of all aspects of pharmaceutical care, including order entry, billing, education, and utilization primarily in the United States and the United Kingdom. The Blood Bank Systems division supplies information and management software systems to blood donor and transfusion centers primarily in the United States. It also provides blood centers with full function tools for blood collection and processing, donor recruitment, testing, and inventory control. The Operating Room Systems division supplies information and management software systems to hospitals for use in the operating room setting primarily in the United States. Its software provides scheduling tools and other important tools needed to capture and document the entire operating room event. The software also offers a database that can assist operating room management personnel with management tools, information, and reports that are needed to identify performance improvement opportunities. The company's systems comprise its proprietary application software, third party licensed software, and third-party computer hardware. It also sells implementation, training, and annual software support services with each software system. Mediware was incorporated in 1970 and is headquartered in Lenexa, Kansas.

FUNDTECH LTD - ORDINARY SHARES (FNDT)

Fundtech, Ltd. provides global electronic payment, settlement, and cash management solutions to financial institutions primarily in the United States and Europe. The company's cash management solutions enable small, mid, and large-tier financial institutions to deliver cash management services through the Internet and other delivery channels. Its payment solutions automate the funds transfer, including foreign exchange, compliance, settlement, and customer notification process. Fundtech also develops, implements, maintains, and operates systems for the automated processing and transport of data in the finance industry. The company also provides interbank gateway services. Its products include system solutions for interbank applications, as well as integration modules for host connections. The company has strategic alliances with Aurum Technology, BEA Systems, Compaq, EDS Japan, Hewlett-Packard, IBM, Microsoft, Oracle, Sun Microsystems, and Surecomp. Fundtech was co-founded by Reuven Ben Menachem and was incorporated as Fundtrust Technologies Limited in 1993. Subsequently, it changed its name to Fundtech, Ltd. in 1994. The company is based in Ramat-Gan, Israel.

EXCEED COMPANY LTD (EDS)

Electronic Data Systems Corporation (EDS) provides information technology and business process outsourcing services worldwide. It offers infrastructure services, such as hosting, workplace, storage services and mobile information protection, security and privacy, and communications services; applications services that helps organizations plan, develop, integrate, and manage custom applications, packaged software, and industry-specific solutions; and business process outsourcing services, which include enterprise shared services, fiscal agent services, decision support services, integrated pharmacy services, Health Insurance Portability and Accountability Act compliance services, immunization registry and tracking services, and case management services, as well as fraud, waste, and abuse protection services. The company, through its A.T. Kearney subsidiary, provides clients with supply management, maintenance, repair and operations management, and executive search services. EDS serves manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries, as well as the governments. EDS has strategic alliances with Cisco Systems, Dell, EMC, Microsoft, Oracle, SAP, Siebel Systems, Sun Microsystems, and Xerox. EDS is headquartered in Plano, Texas.

CLARUS CORPORATION (BDE)

Bois d'Arc Energy, Inc., an exploration company, engages in the discovery and production of oil and natural gas in the Gulf of Mexico. As of December 31, 2004, it had proved reserves of 305.3 billion cubic feet of natural gas equivalent, as well as owned interests in 104 producing oil and natural gas wells in the federal and state waters of the Gulf of Mexico. The company was formerly known as Bois d'Arc Energy, LLC and changed its name to Bois d'Arc Energy, Inc. in May 2005. Bois d'Arc Energy is headquartered in Houston, Texas. Bois d'Arc Energy, Inc. is a majority owned subsidiary of Comstock Offshore LLC.

INNOVATIVE SOLUTIONS AND SUPPORT INC (ISSC)

Innovative Solutions and Support, Inc. engages in the design, development, manufacture, and marketing of flight information computers, flat-panel displays, and advanced monitoring systems. The company provides air data and reduced vertical separation minimum systems and components, such as digital air data computers, integrated air data computers and display units, altitude displays, airspeed displays, and altitude alerter. These systems calculate and display various measures of air data, such as aircraft speed, altitude, and rate of ascent and descent. The company offers flat panel display systems, which display air data, engine and fuel data, altitude, and heading and navigational data, as well as alternative source information. It also provides engine and fuel displays that convey information with respect to fuel and oil levels, as well as engine activity, such as oil and hydraulic pressure and temperature. The company serves the department of defense, government agencies, defense contractors, commercial air transport carriers, original equipment manufacturers, and corporate/general aviation markets in the United States. Innovative Solutions and Support was founded by Geoffrey S. M. Hedrick in 1988. The company is headquartered in Exton, Pennsylvania.

DYNAMICS RESEARCH CORPORATION (DRCO)

Dynamics Research Corporation provides information technology, engineering, logistics, and other consulting services to federal defense, civil, and state agency customers in the United States. The company operates in two segments, Systems and Services, and Metrigraphics. The Systems and Services segment provides technical and information technology (IT) solutions to government customers. Its solutions include design, development, operation, and maintenance of business intelligence systems, business transformation services, defense program acquisition management services, training and performance support systems and services, automated case management systems, and IT infrastructure services. The Systems and Services segment offers business, financial, engineering, and logistic services to support the acquisition and management of systems throughout their life cycle, as well as provides services to support the design, development, installation, operation, and management of networks and other IT infrastructures. The Metrigraphics segment develops and builds components for original equipment manufacturers in the computer peripheral device, medical electronics, telecommunications, and other industries, with the focus on the custom design and manufacture of miniature electronic parts through the use of electroforming, thin film deposition, and photolithography technologies. The Metrigraphics segment applies its technologies in four applications: inkjet printer cartridge nozzle plates and hard drive test devices; medical applications for micro-flex circuits used in angioplasty and for blood testing; electrical test device for application in flexible interposers and 3-D microstructures; and devices used in the manufacture of fiber optic system components requiring precision alignment and 3-D microstructures. Dynamics Research Corporation was founded in 1955 and is headquartered in Andover, Massachusetts.

INTELLICHECK MOBILISA INC (IDN)

Intelli-Check, Inc. engages in the development, manufacture, and marketing of document verification system for identity management. The company's ID-CHECK technology authenticates the validity of driver licenses, state issued nondriver cards, and military identification cards that are used as proof of identity. Its C-Link software product, which runs on a personal computer was created to work in conjunction with the ID-Check unit, allows a user to instantly view the encoded data for further verification, analyze the data, and generate various reports where permitted by law. In addition, Intelli-Check offers ID-Check SDK, which is capable of reading the smart chip contained in the military common access card; ID-Traveler, a software solution that can electronically compare two forms of government issued ID's instantaneously and determine whether the common fields match; and ID Prove product offering provides out of wallet questions to assist in proving a users claimed identity. The company sells its products directly through sales force and distributors in the United States and Canada. Intelli-Check has strategic alliances with Bioscrypt, Inc., Identix Corporation, Ultra-Scan, Inc., Cross-Match Technologies, Si-Vault biometric companies; Lenel Systems International, and Northrop Grumman and Anteon. Intelli-Check was founded in 1994 and is based in Woodbury, New York.

MIND CTI LTD - ORDINARY SHARES (MNDO)

MIND C.T.I., Ltd. engages in the development, manufacture, and marketing of mediation, rating, billing, and customer care software products for wireless, wireline, and other carriers that provide voice, data, and Internet protocol services. Its billing and customer care software, known as MIND-iPhonEX, is used for voice, data, video, and content services in both prepaid and post-paid payment models. It enables communication providers to launch, manage, charge, and bill multiple services. The company also offers two call management systems, PhonEX and MEIPS, used by organizations for call accounting, traffic analysis, and fraud detection. In addition, it provides professional services, primarily to billing and customer care customers. These services include installation, customer support, training and maintenance, customization, and project management, as well as turnkey project implementation services. Its customers include traditional telecommunications service providers, Internet telephony service providers, and Internet service providers. The company offers its products and services through its direct sales force, alliances, distributors, and resellers primarily in the Americas, Asia, Africa, and Europe. MIND C.T.I. was founded by Monica Eisinger in 1995 and is headquartered in Yoqneam, Israel.

AWARE INC (AWRE)

Aware, Inc. engages in the design, development, licensing, and marketing of intellectual property for broadband communications. The company offers asymmetric digital subscriber line (ADSL) technology for the telecommunications industry. ADSL technology enables telephone companies to use their existing copper telephone lines to offer broadband services. Its hardware products primarily include ADSL test and development systems, modules, and modems, as well as standard off-the-shelf software products for biometric, medical imaging, and digital imaging applications, as well as DSL test and diagnostics software. Aware licenses its broadband technology to semiconductor companies worldwide. The company was founded in 1986 and is headquartered in Bedford, Massachusetts.

SONIC FOUNDRY INC (SOFO)

Sonic Foundry, Inc. engages in the development and provision of automated rich media applications and scalable solutions that enable media owners to deploy, manage, index, and distribute video content on Internet-based networks primarily in the United States. Its solutions are based on technologies that enhance media communications through the use of its ‘rich media' that combines graphics, text, video, audio, and metadata in a single data file. The company's principal product includes the family of ‘Mediasite' presentation recording systems for live or on-demand viewing over the Internet; intranet; or recording to physical media, such as compact disks, digital versatile discs, or flash. Its related products and services include server software applications and customer support, installation, training, and content hosting services. The company's Mediasite solution family includes Mediasite rich media recorders, Mediasite rich media servers, Mediasite rich media enabling services, and SmartServe services. The Mediasite solution addresses a range of communications, including executive briefings, product marketing, sales presentations, public safety/emergency management, community outreach, online lectures, and distance learning. The company sells its products through its sales force, resellers, system integrators, consultants, and distributors. Sonic Foundry was founded in 1991 and is headquartered in Madison, Wisconsin.

EDGEWATER TECHNOLOGY INC (EDGW)

Edgewater Technology, Inc. operates as an information technology management consulting company in the United States. Its services include business intelligence/business activity monitoring/corporate performance management, customer service, data services, enterprise architecture services, program/project management, and supply chain management. The company offers its services to various industries, including consumer packaged goods/manufacturing, financial services, healthcare, higher education, insurance, life sciences, retail, and travel/entertainment. Edgewater Technology, Inc. has a strategic partnership with Everypath, Inc. to deliver mobility solutions across specific vertical industries with a focus on the life sciences area. The company also has a strategic partnership with SeaTab Software to offer business integration solutions that enable the integration of enterprise-wide data for analysis. Edgewater Technology was founded in 1992 and is headquartered in Wakefield, Massachusetts.

DIGIMARC CORPORATION (DMRC)

Digimarc Corporation supplies secure identity solutions and advanced technologies for use in media management. Its solutions enable governments and businesses worldwide to deter counterfeiting and piracy, enhance traffic safety and national security, combat identity theft and fraud, facilitate voter identification programs, and manage media content. It supplies majority of driver licenses in the United States. Digimarc also owns a portfolio of intellectual property, including a signal processing technology known as digital watermarking, which allows imperceptible digital codes to be embedded in all forms of media content, including personal identification documents, financial instruments, photographs, movies, music, and product packages. The embedded codes within various types of media content can be detected and read by software or hardware detectors in personal computers and other digital devices. Digimarc's major customers comprise government agencies, primarily U.S. state government agencies engaged in the issuance of driver licenses; a consortium of central banks; and national governments of certain foreign countries, as well as others, such as movie studios and music labels, television and radio broadcasters, corporations, and creative professionals. Digimarc was incorporated in 1995 and is based in Beaverton, Oregon.

AMERICAN SOFTWARE INC - CLASS A (AMSWA)

American Software, Inc. engages in the development, marketing, and support of a portfolio of software and services that deliver enterprise management and collaborative supply chain solutions to the global marketplace. It operates through three segments: Collaborative Supply Chain Management, Enterprise Resource Planning (ERP), and Information Technology (IT) Consulting. The Collaborative Supply Chain Management segment provides collaborative supply chain solutions to streamline and optimize the market planning, management, production, and distribution of products for manufacturers, suppliers, distributors, retailers, carriers, and other organizations and their respective trading partners. The ERP segment provides purchasing and materials management, customer order processing, financial, e-commerce, flow manufacturing, and traditional manufacturing solutions, as well as industry-specific business software to retailers and manufacturers in the apparel, sewn products, and furniture industries. The IT Consulting segment offers IT staffing and consulting services, as well as support for its software products, such as software enhancements, documentation, updates, customer education, consulting, systems integration services, and maintenance. The company offers its products to retail, apparel, consumer-packaged goods, chemicals, pharmaceuticals, industrial products, and other manufacturing industries. American Software was founded in 1970 by James C. Edenfield and Thomas L. Newberry and is headquartered in Atlanta, Georgia.

RADCOM LTD - ORDINARY SHARES (RDCM)

RADCOM, Ltd. engages in the design, manufacture, marketing, and support of network test and quality management solutions for service providers, developers, and enterprises worldwide. The company specializes in performance measurement and voice quality management systems for voice over Internet protocol and cellular converged networks, as well as in a line of high quality, integrated, multitechnology WAN/LAN/ATM test solutions. Its primary product lines comprise the Performer series of performance analyzers, including monitoring solutions for the cellular networks; the Omni-Q voice quality management solution; and the Prism series of multitechnology analyzers. The company's products include GEAR, a proprietary silicon chip for testing high speed links in full line rate and online; and a Private Network to Network Interface (PNNI) simulation product, which is a software application used to test ATM switches running the PNNI protocol. RADCOM's products are used in the development and manufacturing of network equipment, the installation of networks, and the ongoing maintenance of operational networks to facilitate fault management, performance monitoring and analysis, troubleshooting, and premediation. The company sells its products through independent manufacturer's representatives and a network of distributors. Its customers include data communications and telecommunications equipment developers and manufacturers, labs of telecommunication service providers, public telecommunications service providers, and large network owners. RADCOM was co-founded by Yehuda Zisapel and Zohar Zisapel. The company was incorporated in 1985 and is based in Tel Aviv, Israel.

RADISYS CORPORATION (RSYS)

RadiSys Corporation engages in the development, production, and marketing of computer system products for embedded computer applications in the manufacturing automation, medical, transportation, telecommunications, and test equipment marketplaces. It designs and manufactures a range of products at various levels of integration, including turn-key systems for the service provider, commercial, and enterprise systems markets; embedded subsystems and functional platforms using ATCA, COM Express, CompactPCI, PCI Industrial Computer Manufacturers Group (PICMG) 2.16 packet switching backplane, and customer-specific proprietary platforms; compute, input/output, inter-networking, and packet processing blades; and software, middleware, and microcode, including embedded operating systems, basic input output system, service availability forum-hardware platform interface, and intelligent platform management interface, as well as various protocol stacks, such as signaling, management, and data plan protocols. RadiSys sells its through direct sales, distributors, and sales representatives in North America, Europe, Israel, and the Asia Pacific. The company was founded in 1987 and is headquartered in Hillsboro, Oregon.

GSE SYSTEMS INC (GVP)

GSE Systems, Inc. provides simulation solutions and services to the power generation industry, the process industries, and the U.S. Government. In addition, the company provides plant monitoring, and signal analysis monitoring and optimization software primarily to the power industry, and develops software applications for emerging technologies. The company's services for power generation industry include development, marketing, and support of simulation software for electric utilities, as well as building and modification of simulators that serve nuclear power plants. Services for process industries include simulation capabilities for operator training. GSE Systems's services for the U.S. Government include Real-time Emergency Management Interactive Training System (REMITS), a PC-based simulation software for training emergency operations center staff for emergency response. The company markets its simulation products and services through a network of direct sales staff, sales agents and representatives, systems integrators, and strategic alliance partners. GSE Systems has strategic alliances or partnerships with Automation Systems Co. Inc., China; All Russian Research Institute for Nuclear Power Plant Operation, Russia; Kurchatov Institute, Russia; Macmet, Ltd., India; PowerGen, England; Risk Engineering, Ltd., Bulgaria; Samsung Electronics, Korea; Toyo Engineering Corporation, Japan; and the Institute for Information Industry, Taiwan. The company was formed in 1994 and is headquartered in Columbia, Maryland. GSE Systems, Inc. is a subsidiary of GP Strategies Corporation.

COSTAR GROUP INC (CSGP)

CoStar Group, Inc. provides information services to the commercial real estate industry in the United States and the United Kingdom. Its Property Professional service provides subscribers inventory of office, industrial, and retail properties, including for-lease and for-sale listings, historical data, building photographs, maps, and floor plans; Property Express service offers base-building information, photos, floor plans, maps, and reports; COMPS Professional service provides coverage of sales information in the U.S. commercial real estate industry; Tenant, an online business-to-business prospecting and analytical tool offers the real estate-related U.S. tenant information; and FOCUS service offers information on the U.K. commercial real estate market. The company's other services include Connect, which allows commercial real estate firms to license CoStar's technology and information to market their U.S. property listings on their corporate Web sites; Advertising that offers space for lease or sale directly to the individuals looking for that type of space through interactive advertising; NRB Shopping Center Directory, which offer access to a database of the U.S. shopping center information, including names, locations, tenants, space availability, and contact information; Exchange that provides a database of commercial real estate properties listed for sale; Professional Directory, which provides contact information for commercial real estate professionals; Market Report that provides current and historical analytical information, including vacancy and rental rates, average sales prices, and capitalization rates; Metropolis service, a single interface that combines commercial real estate data from multiple information providers; and News service, which provide commercial real estate news, such as major leasing transactions, acquisitions, new construction activity, and industry events. CoStar Group was founded in 1987 and is headquartered Bethesda, Maryland.

CRYPTOLOGIC LIMITED (CRYP)

CryptoLogic, Inc. engages in the development and provision of online gaming software and services for the worldwide Internet gaming market. The company also provides licensing, e-cash management, and customer support services for its Internet gaming software to third-party gaming operators. Its gaming solution comprises an Internet-based gaming software suite featuring casino table and slot games, multiplayer bingo, player-to-player poker, multiple languages, multiple currencies, multiple platforms, play-for-fun and play-for-cash mode, and an integrated, proprietary e-cash management system, as well as customer support services. The company operates in Canada, Cyprus, and the United Kingdom. CryptoLogic was founded by Andrew and Mark Rivkin in 1995. The company is headquartered in Toronto, Canada.

EPIQ SYSTEMS INC (EPIQ)

EPIQ Systems, Inc. provides technology-based products and services for fiduciary management and claims administration applications. Its products are used by attorneys, trustees, and corporations primarily engaged in bankruptcy, class action, mass tort, and other legal proceedings. The company operates in two segments, Case Management and Document Management. The Case Management segment offers proprietary technology platform and professional services for the administration of class action and mass tort proceedings and Chapter 11 bankruptcy restructurings; TCMS, a solution installed in Chapter 7 bankruptcy trustee offices to facilitate the management of asset liquidations, creditor distributions, and government reporting; CasePower, a proprietary software designed to enable Chapter 13 bankruptcy trustees to manage debtor payments, creditor distributions, and government reporting; and database processing, maintenance, and management products and services. It also provides database conversion and software upgrades; professional and support services, including case management, claims processing, claims reconciliation, and customized programming and technology services; and call center support. The Document Management segment provides legal noticing services, reimbursement of costs incurred on postage, media campaign and advertising management, and document custody services. EPIQ Systems was incorporated in 1988. It was formerly known as Electronic Processing, Inc. and changed its name to EPIQ Systems, Inc. in 2000. The company is headquartered in Kansas City, Kansas.

PERFICIENT INC (PRFT)

Perficient, Inc. designs, builds, and delivers e-business integration solutions for large and medium-sized companies, principally in the central United States. Its e-business integration solutions include eBusiness Infrastructure, eCommerce Platforms, eCRM (Customer Relationship Management), Supply Chain Web Enablement, and Enterprise Portals. These solutions are based on open standards, such as the Java 2 Enterprise Edition and include application servers, enterprise application integration platforms, business process management, business activity monitoring, business intelligence applications, and enterprise portal software. Perficient conceives, builds, and implements these solutions through a set of services, including business strategy, user-centered design, systems architecture, custom application development, technology integration, package implementation, and managed services. The company primarily offers its services to the financial services, including insurance, banking, and brokerage; healthcare, such as pharmacy benefit managers and pharmaceutical manufacturers; and commodity markets. Perficient has strategic relationships with IBM Corporation; TIBCO Software, Inc.; Microsoft Corporation; Art Technology Group, Inc.; Wily Technology, Inc.; Bowstreet; Adobe Systems Incorporated; and Stellent, Inc. The company was incorporated in 1997 and is headquartered in Austin, Texas.

CAI INTERNATIONAL INC (CAP)

CAI International, Inc., together with its subsidiaries, operates as an intermodal freight container leasing and management company. It leases, re-leases, and disposes containers and contract for the repair, repositioning, and storage of containers. The company leases its containers to lessees under long-term leases, short-term leases, and finance leases. It also manages containers under management agreements that cover portfolios of containers. As of March 31, 2007, CAI International's fleet comprised 684,000 twenty-foot equivalent units. The company was founded in 1989 as Container Applications International, Inc. and changed its name to CAI International, Inc. in 2007. CAI International is headquartered in San Francisco, California with additional offices in Belgium, Hong Kong, Japan, Malaysia, Singapore, Taiwan, and the United Kingdom.

VASCO DATA SECURITY INTERNATIONAL INC (VDSI)

VASCO Data Security International, Inc., through its subsidiaries, engages in the design, development, marketing, and support of open standards-based hardware and software security systems that manage and secure access to information assets worldwide. Its identity authentication products enable secure financial transactions to be made over private enterprise networks and public networks, such as the Internet. VASCO's identity authentication software is delivered via its Digipass security products, small calculator hardware devices carried by an end user, or in a software format on mobile phones, other portable devices, and personal computers. The company's security solutions are sold through its direct sales force, as well as through distributors, resellers, and systems integrators. The company operates in the United States, Belgium, Australia, Singapore, and Shanghai. VASCO Data Security International was founded in 1996 and is headquartered in Oakbrook Terrace, Illinois. VASCO Data Security International, Inc. acquired A.O.S. Hagenuk B.V. in February 2005.

INTERACTIVE INTELLIGENCE INC (ININ)

Interactive Intelligence, Inc. provides software applications for contact centers worldwide. Its suite of contact center applications includes multimedia customer contact for phone calls, Web chat, Web callback, email queuing, customer defined queues, and integrated speech recognition applications. The company's software applications are also preintegrated into business applications, such as financial, customer relationship management, and enterprise resource planning software, thereby automating and tracking business transactions to customer interactions. Interactive Intelligence also provides technical support, education, and professional services. The company sells its products through direct sales force and value-added resellers. Interactive Intelligence was founded in 1994 by Donald E. Brown. The company is headquartered in Indianapolis, Indiana.

BOTTOMLINE TECHNOLOGIES INC (EPAY)

Bottomline Technologies (de), Inc. provides software products and services for financial process solutions. Its products enable businesses and financial institutions to make and collect payments, send and receive invoices, and conduct electronic banking. The company offers payment systems capable of producing various domestic and international payment instructions along with consolidated bank reporting of cash activity, including automated clearing house, financial electronic data interchange, fed wire transfer, and BACS and BACSTEL-IP, as well as SWIFT messaging and paper checks in most currencies. It offers Web-based invoice processing systems for businesses; In View A/P, a payer side solution that electronically aggregates, formats, and transfers invoice data into customers' accounting systems; and Legal eXchange, a legal bill receipt service that automates the receipt, reconciliation, review, approval, and management of legal invoices. The company also provides Createform, an electronic document solution that manages, distributes, and archives business documents, such as invoices, checks, statements, purchase orders, and other transactional documents. Its electronic banking solutions allow financial service providers to deploy Internet-based services, as well as support various cash management functions, including balance and transaction reporting, lockbox reporting, controlled disbursements, positive pay, check imaging, stop payments, and electronic funds transfer instructions. In addition, the company provides professional services; consumable products for laser check printing, including magnetic ink character recognition toner and blank-paper check stock; and printers and printer-related equipment. Bottomline serves customers in various industries, such as financial services, insurance, health care, technology, communications, education, media, manufacturing, and government. The company was founded in 1989 and is headquartered in Portsmouth, New Hampshire.

SYNTEL INC (SYNT)

Syntel, Inc. provides information technology (IT) services serving financial, manufacturing, healthcare, transportation, retail, and information/communication industries worldwide. It operates in four segments: Applications Outsourcing, e-Business, TeamSourcing, and Business Process Outsourcing (BPO). The Applications Outsourcing segment provides outsourcing services for ongoing management, development, and maintenance of customers' business applications. The e-Business segment provides development and implementation services for Web development, data warehousing, e-commerce, customer relationship management (CRM), and enterprise applications integration (EAI). Web solutions involve services in the areas of Web architecture, Web-enabling legacy applications, and the creation of Web portals. CRM involves customizing and implementing CRM software packages. Data warehousing involves gathering and analyzing business data to make decisions through data mining. EAI involves consulting and applications outsourcing services designed to integrate front office and back-office applications. The TeamSourcing segment provides professional IT consulting services to customers on a staff augmentation basis. Its services include systems specification, design, development, implementation, and maintenance of IT applications involving computer hardware, software, data, and networking technologies and practices. The BPO segment provides outsourced solutions for a client's business processes in the areas of financial services, healthcare, and insurance. In the area of financial services, it focuses on the middle and back-office business processes of the transaction cycle. Its healthcare BPO services comprise aspects associated with revenue cycle management, including claim appeals, provider enrollment assistance, payment posting, and coding. Its insurance BPO services include claims processing and policy administration. Syntel was founded in 1980 and is headquartered in Troy, Michigan.

TIER TECHNOLOGIES INC (TIER)

Tier Technologies, Inc. provides electronic payment and other transaction processing services to federal, state, and local government, as well as other public sector customers in the United States. It offers electronic payment processing options, including payment of taxes, fees, and other obligations owed to government entities, educational institutions, utilities, and other public sector customers. The company also provides call center interactive voice response systems and support services, including customization, installation, and maintenance; certain health and human consulting services to state agencies; and services to support the design, development, and implementation of pension applications for state, county, and city governments. Tier Technologies was founded in 1991 and is headquartered in Reston, Virginia.

FACTSET RESEARCH SYSTEMS INC (FDS)

FactSet Research Systems, Inc. supplies economic and financial data and analytics to the investment community worldwide. The company's applications provide users access to company analysis, multicompany comparisons, industry analysis, company screening, portfolio analysis, predictive risk measurements, alpha and backtesting, portfolio optimization, and real-time news and quotes. It combines approximately 200 databases, including content regarding various companies and securities from markets worldwide into a single online platform of information and analytics. FactSet Research Systems' wide area network provides a direct link between the client's local network, data content, and applications on the company's mainframes. The company also provides the tools to download, combine, and manipulate financial data for investment analysis. Its customers include analysts, investment banks, and other investment professionals primarily in the United States, Europe, and Asia Pacific. FactSet Research Systems was founded in 1978 by Howard E. Wille and is headquartered in Norwalk, Connecticut.

MANHATTAN ASSOCIATES INC (MANH)

Manhattan Associates, Inc. (MAI) provides technology-based solutions. It offers software, services, and hardware that improve distribution and transportation through the integration of supply chain constituents. Its software solutions comprise warehouse, transportation, trading partner, distributed order, and reverse logistics management. Warehouse management solutions include the performance of processes that take place in the warehouse and distribution center, such as order and order fulfillment process. Transportation management solutions include functionality that allows a company to procure, plan, and execute transportation services. Trading partner management solutions provide synchronization of key processes and their associated information flows across the supply chain. The distributed order management solutions manage the order fulfillment lifecycle across the supply chain. The reverse logistics management solutions manage and automate the returns process, tracking, storing, referencing, and reporting on returned merchandise. Its performance management solutions use analytic tools and alerting processes that allow distribution center managers to monitor events within the supply chain cycle, analyze historical data, and generate reports. MAI's radio frequency identification (RFID) solution provides integration and reporting platform between RFID readers and supply chain execution, and enterprise resource planning systems. It also provides services, such as design, configuration, implementation, product assessments and training services, customer support services, and software enhancement subscriptions. The company serves manufacturers, distributors, retailers, and transporters in the retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, technology and electronics, life sciences, and government markets. MAI was founded in 1995 and is headquartered in Atlanta, Georgia.

DST SYSTEMS INC (DST)

DST Systems, Inc. provides information processing, and computer software services and products in the United States. It operates through four segments: Financial Services, Output Solutions, Customer Management, and Investments and Other. Financial Services segment provides design, management, and transaction processing services for consumer equipment maintenance and debt protection programs. Its software systems include mutual fund shareowner and unit trust recordkeeping systems; a defined-contribution participant recordkeeping system; securities transfer systems; investment management systems; a workflow management and customer contact system; recordkeeping systems to support ‘managed account' investment products; and recordkeeping systems to support consumer risk transfer programs. Output Solutions segment provides single source, integrated print, and electronic communications solutions. It also offers customized and personalized bill and statement processing services, electronic bill payment and presentment solutions, document automation, and computer output archival solutions. Customer Management segment provides customer management, billing, and marketing solutions to the video/broadband, direct broadcast satellite, wire-line and Internet protocol telephony, Internet, and utility markets. Investments and Other segment holds investments in equity securities, certain financial interests, and in its real estate subsidiaries and affiliates. The company offers its products and services to the financial services industry, including mutual funds, investment managers, and corporations; communications industry; video/broadband/satellite TV industry; and other service industries. It distributes services and products in North America, the United Kingdom, Canada, Europe, Australia, South Africa, and Asia-Pacific region. DST Systems is based in Kansas City, Missouri.

CIMATRON LIMITED - ORDINARY SHARES (CIMT)

Cimatron, Ltd. engages in the design, development, manufacture, marketing, and support of a family of computer-aided design/computer aided manufacturing (CAD/CAM) software products. Its products primarily include Cimatron E, which provides tools, applications, and process-automation solutions for the tooling industry; Cimatron IT, a family of integrated software tools for mechanical engineering and manufacturing automation; and QuickConcept, a preliminary design and review package that allows tool designers and their suppliers to hold virtual review meetings over the Internet. The company also offers Designer Solution that provides users with 3D design and modeling capabilities, and associative 2D drawing and sketching functions; NC Solution, which offers comprehensive milling, drilling, simulation, and verification capabilities up to 2.5 axes + 2X Positioning; Master Solution that includes various features of the Designer Solution and the NC Solution integrated into an end-to-end system. In addition, Cimatron provides Electrode Solution that includes various tools necessary to create and design electrodes out of a given part model; Electrode Pro Solution, which includes the tools necessary to create, design, and manufacture electrodes; Cimatron Student Package, a limited Cimatron package for students' home use; and View Only System that provides tools to view and check CAD/CAM projects. The company sells its products to a range of industries, including automotive, aviation and aerospace, household goods, mold and die making, machinery and tools, and telecommunications. It markets products directly in Israel, and through distributors, as well as through subsidiaries and network providers in the United States, the United Kingdom, Canada, Germany, China, and France. Cimatron was founded in 1982 and is headquartered in Givat Shmuel, Israel.

MICROSTRATEGY INCORPORATED (MSTR)

MicroStrategy Incorporated provides business intelligence software that enables companies to analyze the raw data stored across their enterprise to identify the trends and insights. The company offers an integrated business intelligence platform known as MicroStrategy 8, which enables organizations to consolidate business intelligence applications onto a single platform for reporting, analysis, and delivery applications. Its software delivers information to workgroups, the enterprise, and extranet communities through email, Web, fax, wireless, and voice communication channels. In addition, it offers consulting, education, technical support, and technical advisory services for its customers and strategic partners. The company offers its products to various industries, including retail, telecommunications, financial services, insurance companies, pharmaceutical companies, healthcare, manufacturing, technology, consumer goods, and government and public services worldwide. MicroStrategy was founded by Michael J. Saylor in 1989. The company is headquartered in McLean, Virginia.

ECHELON CORPORATION (ELON)

Echelon Corporation engages in the development, marketing, and support of hardware and software products and services that enable original equipment manufacturers (OEMs) and systems integrators to design and implement open, interoperable, distributed control networks. It offers transceivers, concentrator products, control modules, routers, adapters, IP connectivity products, network interfaces, development tools, and software tools and toolkits. The company markets its products and services to OEMs and systems integrators in the building, industrial, transportation, utility/home, and other automation markets. Echelon sells its products primarily through a direct sales force in North America and other countries, as well as through distributors in Europe, Japan, and various Asia Pacific countries. It has strategic alliances with Cypress Semiconductor; Toshiba; Enel Distribuzione S.p.A.; and STMicroelectronics S.r.L. The company was founded in 1988 and is headquartered in San Jose, California.

SAPIENS INTERNATIONAL CORPORATION NV - COMMON SHARES (SPNS)

Sapiens International Corporation N.V., through its subsidiaries, provides information technology (IT) solutions for the insurance industry. It primarily offers INSIGHT, a suite of modular business software solutions for the general, including property and casualty; and life insurance markets. The company's products include provides INSIGHT for Property & Casualty, a general insurance policy administration solution for brokers and agents; INSIGHT for Life & Pension, a life and pensions solution that serves companies administering life insurance, pension funds, health insurance, and saving plans; INSIGHT for Underwriting, an underwriting solution for life, health, and disability insurance; and INSIGHT for Reinsurance, a solution for carriers and reinsurers in the management of various types of reinsurance for the general and life insurance markets. Sapiens also offers INSIGHT for Claims, a solution that manages the information flow of claim handling in an insurance provider's organization; and INSIGHT for Closed Books solution for life insurance companies and pension funds. In addition, it provides outsourcing services; and IT services in various areas, including project management and technical assistance. The company markets its solutions primarily to corporate clients and government entities, such as insurance companies, banks, and other companies offering financial services, as well as manufacturing and transportation sectors. It sells products primarily through a direct sales force and relationships with system integrators, as well as through distributors in North America; Asia Pacific; and Europe, Middle East, and Africa. Sapiens has partnership agreements with IBM Corporation and Electronic Data Systems Corporation. The company was founded in 1982 and is based in Willemstad, Netherlands Antilles.

PDF SOLUTIONS INC (PDFS)

PDF Solutions, Inc. provides infrastructure technologies and services for integrated circuits. Its solutions comprise proprietary manufacturing process simulation software, yield and performance modeling software, design-for-manufacturability software, test chips, a proprietary electrical wafer test system, yield and performance enhancement methodologies, yield management systems, and professional services. The company sells its technologies and services to semiconductor companies, including integrated device manufacturers, fabless semiconductor companies, and foundries through direct sales team in the United States, as well as through semiconductor sales and distribution companies in Japan, Taiwan, China, and Korea. PDF Solutions was founded by John K. Kibarian and Kimon Michaels. The company was incorporated in 1992 and is headquartered in San Jose, California.

BSQUARE CORPORATION (BSQR)

BSQUARE Corporation provides software and engineering service solutions to smart device makers. It targets smart devices, such as set-top boxes, home gateways, point-of-sale terminals, kiosks, voting machines, gaming platforms, personal digital assistants, personal media players, and smartphones that utilize embedded versions of the Microsoft Windows family of operating systems. The company's proprietary software products include Secure Digital Input Output solution (SDIO Now!), which enables peripheral and memory cards to be used with smart devices; universal serial bus interfaces; a suite of applications for CE.NET-based devices, including bFax, bFile, and bBackup; and board support packages. The company's engineering services include device solution strategy consulting, software and hardware design and development services, systems integration, application development, quality assurance, customer technical support, and platform development training. BSQUARE also provides third party software products through multiple license and distribution agreements. It markets its products and services to original equipment manufacturers, original device manufacturers, device component suppliers, retailers, and wireless operators through its direct sales force located in the United States and in Taipei, Taiwan. BSQUARE Corporation has strategic marketing relationship with Microsoft Corporation. The company was incorporated in 1994 and is headquartered in Bellevue, Washington.

CSG SYSTEMS INTERNATIONAL INC (CSGS)

CSG Systems International, Inc. provides billing and customer care solutions for the cable television, direct broadcast satellite, advanced Internet protocol services, mobile, and fixed wireline markets worldwide. The company operates through two divisions, The Broadband Services and The Global Software Services. The Broadband Services division provides customer care and billing services to cable television and satellite industries in the United States and Canada. It offers a suite of processing, software, and professional services, which enable clients to automate their customer care and billing functions, including set-up and activation of customer accounts, sales support, order processing, invoice calculation, production and mailing of invoices, management reporting, electronic presentment and payment of invoices, and deployment and management of the client's field technicians. The Global Software Services division provides convergent billing and customer care software and services that enable telecommunications service providers to bill their customers for services, including mobile, Internet, wireline, cable television, and satellite. The company was co-founded by Neal C. Hansen and George F. Haddix in 1994. CSG Systems International is headquartered in Englewood, Colorado.

HMS HOLDINGS CORP (HMSY)

HMS Holdings Corp. furnishes cost containment, revenue recovery, cost reporting, and business office outsourcing services to healthcare providers and payors. The company operates through its two wholly owned subsidiaries, Health Management Systems, Inc. (Health Management Systems) and Accordis, Inc. (Accordis). Health Management Systems works on behalf of government healthcare programs to contain costs by recovering expenditures. Its customers include state and county Medicaid programs, their managed care plans, child support enforcement agencies, state prescription drug programs, and other public programs. Accordis offers business office outsourcing services, including identifying third-party resources, submitting bills to third-party payors and patients, recovering and accounting for the amounts due, responding to customer service questions from patients, and securing cost-based reimbursement from entitlement programs. It provides these services to hospitals, emergency medical transport agencies, and other healthcare providers. The company was founded in 1974 and is headquartered in New York City.

TYLER TECHNOLOGIES INC (TYL)

Tyler Technologies, Inc. (TTI) engages in the development and marketing of software products and services to address the information technology (IT) needs of cities, counties, schools, and other local government entities primarily in the United States, Canada, Puerto Rico, and the United Kingdom. Its financial and city solutions include modular fund accounting systems, such as modules for general ledger, budget preparation, fixed assets, purchase orders, bid management, accounts payable and receivable, contract and investment management, inventory control, project and grant accounting, work orders, job costing, GASB 34 reporting, payroll, and human resources. TTI also offers products to automate various city functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management. It also provides courts and justice solutions that include a suite of products from the initiation of incidents in computer-aided dispatch/emergency 911 systems through the process of arrest, court appearances, and final disposition to probation. In addition, the company's property appraisal and tax solutions provide systems and software that automate the appraisal and assessment of real and personal property; inquiry and protest tracking; appraisal and tax roll generation; tax statement processing; and electronic state-level reporting. Additionally, its document management systems record and index information for various documents maintained at the courthouse, such as deeds, mortgages, liens, and UCC financing statements. Further, TTI provides IT services, including software and hardware installation, data conversion, training, and product modifications, as well as offers outsourced property appraisal services for taxing jurisdictions. TTI was founded in 1966 and is based in Dallas, Texas.

SYKES ENTERPRISES INCORPORATED (SYKE)

Sykes Enterprises, Incorporated and its subsidiaries provide outsourced customer contact management solutions and services worldwide. It offers its services through multiple communications channels, including phone, email, Web, and chat. The company also provides various enterprise support services, including client's internal support operations, technical staffing services, and outsourced corporate help desk services. In addition, the company provides fulfillment services, including multilingual sales order processing via the Internet and phone, inventory control, product delivery, and product returns handling. Sykes offers its services to communications, technology/consumer, financial services, healthcare, transportation, and leisure industries. The company was founded by John H. Sykes in 1977 and is headquartered in Tampa, Florida.

IMATION CORPORATION (IMN)

Imation Corp. engages in the development, manufacture, marketing, and distribution of magnetic and optical removable data storage products to information technology systems users worldwide. Its products primarily include magnetic tape cartridges, magnetic diskettes, recordable optical disks, and universal serial bus removable flash drives. The company's removable storage media products are used in conjunction with hardware devices, including tape libraries; floppy disk and optical disc drives; certain consumer electronic devices; and desktop and laptop computers developed and sold by other companies. Imation's data storage media products are used in various application areas, such as enterprise data centers; the network server environment at the midrange and entry-level; and personal storage applications for consumer electronics devices, and desktop or laptop computers. It offers its products primarily through distributors, value-added resellers, original equipment manufacturers, and retailers to business and individual consumers primarily in the United States, Europe, Asia, Latin America, and Canada. Imation is headquartered in Oakdale, Minnesota.

QUALITY SYSTEMS INC (QSII)

Quality Systems, Inc. and its subsidiary NextGen Healthcare Information Systems, Inc. engage in the development and marketing of healthcare information systems that automate medical and dental group practices, community health centers, physician hospital organizations, management service organizations, and dental schools. Its software systems include general patient information, appointment scheduling, billing, insurance claims submission and processing, managed care plan implementation and referral management, treatment outcome studies, treatment planning, drug formularies, electronic patient records, dental charting, and letter generation. In addition, the company offers its clients hardware and software maintenance and support services, system training services, and electronic claims submission services. Quality Systems was founded in 1974 and is headquartered in Irvine, California.

MICROS SYSTEMS INC (MCRS)

MICROS Systems, Inc. engages in the design, manufacture, marketing, and servicing of enterprise information solutions for the hospitality and specialty retail industries worldwide. Its enterprise solutions include hotel information systems consisting of software encompassing property management systems, sales and catering systems, central reservation systems, customer information systems, revenue management systems, an Internet/global distribution system-based hotel reservation service called myfidelio.net, and installation and support services associated with the various software products; restaurant information systems comprising hardware and software for point-of-sale (POS) and operational applications, as well as a suite of back office applications that include inventory, labor and financial management, and other centrally hosted enterprise applications; and specialty retail systems consisting of software encompassing POS, loss prevention, business analytics, customer gift cards, and enterprise applications. The company also provides spare parts, media supplies, network products, printers, installation services, operator and manager training, onsite hardware maintenance, customized software development, application software support, credit card software support, systems configuration, network support, help desk, and consulting. In addition, the company offers software hosting capabilities, which allows customers to use the software without investing in hardware and a network. The company distributes its products through subsidiaries, independent dealers/distributors, and company-owned sales and service offices primarily in the United States, Europe, the Pacific Rim, and Latin America. MICROS Systems was incorporated in 1977 as Picos Manufacturing, Inc. and changed its name to MICROS Systems, Inc. in 1978. The company is headquartered in Columbia, Maryland.

INTERMEC INC (IN)

Intermec, Inc. engages in the design, development, manufacture, integration, sale, resell, and service of wired and wireless automated identification and data collection (AIDC), mobile computing, bar code printers, label media, and radio frequency identification (RFID) products in North America, Europe, the Middle East, and Africa. It offers bar code scanning products, which include wireless handheld computers and terminals, linear and area imagers incorporating active pixel technology, and badge and laser scanners; and manufactures rugged handheld computers for use in warehouses and industrial environments. The company also offers enterprise wireless network technology and services, such as wireless local area network systems; device management software that allows centralized management of its wireless products on the network; and wireless AIDC products, including radio technologies, such as synthesized UHF, 900 MHz, 802.11a/b/g, and Bluetooth. Its mobile computing products include handheld and vehicle-mounted mobile computers, and accessories and related services that facilitate local-area and wide-area wireless and wired data communications; AIDC devices; specialized peripherals; and printer products. The company's printer and label media products include a line of bar code printers; and pressure-sensitive bar code labels and thermal transfer ribbons, as well as specialized labels. Its RFID products consist of RFID tags, readers, software, and related equipment. Further, the company provides customer support, professional, and installation services. It serves manufacturing, warehousing, direct store delivery, retail, consumer packaged goods, field service, government, and transportation and logistics markets. The company was founded in 1997. It was formerly known as UNOVA, Inc. and changed its name to Intermec, Inc. in 2006. Intermec is headquartered in Everett, Washington.

PEGASYSTEMS INC (PEGA)

Pegasystems, Inc. engages in the development, marketing, licensing, and support of software to manage an array of business processes. The company provides software to automate complex and changing business processes. Its Business Process Management (BPM) solutions provide organizations with the agility to manage growth, productivity, and compliance. The company's solution unifies pure-play BPM software with a Business Rules Engine to drive business effectiveness. This patented technology enables organizations to ‘build for change' and overcome the execution gap that occurs as evolving business objectives outpace the ability of business systems to respond. Its BPM solution combines the capability to solve a range of business process challenges with the opportunity to leverage existing technology investments. BPM software is used by companies to automate decision making and the processes implementing those decisions. This software runs on a range of computer platforms, interfaces with various other applications. The company also provides implementation, consulting, training, and technical support services to facilitate the use of its software. It primarily operates in North America, Europe, and the Pacific Rim. The company has strategic partnerships with Accenture, BearingPoint, IBM, Cognizant Technology Solutions, Computer Sciences Corporation, and Satyam Computer Services, Ltd. Pegasystems was founded by Alan Trefler in 1983. The company is headquartered in Cambridge, Massachusetts.

MANTECH INTERNATIONAL CORPORATION (MANT)

ManTech International Corporation provides technologies and solutions for national security programs in the United States and internationally. It offers systems engineering, systems integration, software development, enterprise security architecture, information assurance, intelligence operations support, network and critical infrastructure protection, information technology, and communications integration and engineering support. The company delivers information technology, technical, and other services; and solutions for enterprise information technology and communication systems through secure systems and infrastructure, information technology, and systems engineering. ManTech's secure systems and infrastructure include intelligence operations, communication systems and infrastructure support, safeguarding critical infrastructures, information assurance, and secrecy management and program security architecture. The company's information technology solutions consist of enterprise systems engineering, systems design and integration services, enterprise application solutions, and systems/network maintenance services. Its systems engineering solutions comprise systems engineering services, testing and evaluation, and independent validation and verification. The company offers its products and services to U.S. federal government intelligence, military and civilian agencies, state and local governments, and commercial customers. ManTech International was founded in 1968 and is headquartered in Fairfax, Virginia.

ALLIANCE DATA SYSTEMS CORPORATION (ADS)

Alliance Data Systems Corporation and its subsidiaries provide transaction services, credit services, and marketing services in North America. The company facilitates and manages transactions between its clients and their customers through multiple distribution channels, including instore, catalog, and the Internet. Its transaction services include card processing, billing and payment processing, and customer care for specialty and petroleum retailers; customer information system hosting, customer care, and billing and payment processing for regulated and deregulated utilities; and point-of-sale services and merchant bankcard services. The company's credit services include provision of private label receivables financing, including underwriting and risk management, merchant processing, and receivables funding. Its marketing services include loyalty programs, such as the coalition loyalty, one-to-one loyalty, and database marketing services. The company serves specialty retailers, petroleum retailers, utilities, supermarkets, and financial services companies. Alliance Data Systems was founded in 1996 and is headquartered in Dallas, Texas.

ADVENT SOFTWARE INC (ADVS)

Advent Software, Inc. offers integrated software solutions for automating and integrating data and work flows across investment management organizations, as well as the information flows between the investment management organization and external parties. The company operates in two segments, Advent Investment Management and MicroEdge. The Advent Investment Management segment engages in the development, marketing, and sale of stand-alone and client/server software products, data interfaces, and related maintenance and services that automate, integrate, and support certain functions of investment management organizations. The MicroEdge segment offers software and services for grant management, matching gifts, and volunteer tracking for the grantmaking community worldwide. The company also provides support, maintenance, and professional services, including project management, implementation, data conversion, integration, custom report writing, and training. In addition, Advent Software provides independent research and brokerage services to institutional investors and registered investment advisors. The company offers its services to investment advisors, brokerage firms, banks, hedge funds, corporations, public funds, foundations, universities, and nonprofit organizations worldwide. Advent Software was founded by Stephanie DiMarco in 1983. The company is headquartered in San Francisco, California.

ASPEN TECHNOLOGY INC (AZPN)

Aspen Technology, Inc. and its subsidiaries supply software and services to the oil and gas, petroleum, chemicals, pharmaceutical, and other industries that manufacture and produce products from a chemical process. The company develops software to design, operate, manage, and optimize its customers' key business processes, including plant and process design, economic evaluation, production, production planning and scheduling, and managing operational performance. It offers engineering and innovation solutions that include products, such as Aspen Plus, Aspen HYSYS, and Aspen Icarus; plant operations solutions, such as Aspen PIMS, Aspen Orion, and Aspen Plant Scheduler; and supply chain management solutions that include products, such as Aspen DMC Plus, Aspen Advisor, and Aspen InfoPlus.21. The company also offers professional services, such as implementation and configuration services, consulting services, and modeling and design services. As of June 30, 2005, its software solutions were installed at 1,500 customer's facilities worldwide. Aspen Technology has strategic alliances with Accenture, Intergraph, Microsoft, and Schlumberger. The company was founded in 1981 and is headquartered in Cambridge, Massachusetts.

PROGRESS SOFTWARE CORPORATION (PRGS)

Progress Software Corporation engages in the development, marketing, and distribution of software and services for the development, deployment, integration, and management of business applications deployed in a distributed, Web-based or client/server environment. Its products include development tools, databases, application servers, messaging servers, application management tools, data connectivity products, and integration products for distributed and Web-based applications, as well as for client/server applications. The company also provides consulting, education, and technical support services. It develops, markets, and distributes its products to finance, manufacturing, distribution, retail, government, healthcare, and telecommunications companies through direct sales force and independent distributors. The company was co founded by Joseph W. Alsop in 1981 and is headquartered in Bedford, Massachusetts.

ORBOTECH LTD - ORDINARY SHARES (ORBK)

Orbotech, Ltd. engages in the design, development, manufacture, and marketing of production support solutions for specialized applications in the supply chain of the electronics industry worldwide. The company offers automated optical inspection (AOI) products for specialized applications in the manufacture of bare printed circuit boards (PCBs), assembled PCBs, and flat panel displays (FPDs). Its AOI systems use Orbotech's proprietary machine vision, electro-optics, precision mechanics, artificial intelligence and imaging technology to detect, automatically, flaws and defects in products being manufactured or assembled by its customers. The bare PCB product lines consist of PCB-AOI systems, verification and repair stations, imaging products, and computer-aided manufacturing systems for PCB production. The assembled PCB product line consists of AOI solutions for each production stage of assembled PCBs, verification and repair stations, and process control tool solutions. The FPDs are used as display screens in laptop and desktop computers, televisions, digital telephones, car navigation systems, video cameras, and various devices for technical, medical, military, aerospace, and consumer electronics applications. The company also develops and markets automatic check reading products to banks and other check processing organizations. It sells its products through wholly owned subsidiaries in the United States, Europe, the Pacific Rim, and Japan. Orbotech was founded by Shlomo Barak in 1981. The company was formerly known as Optrotech, Ltd. and changed its name to Orbotech, Ltd. in 1992. Orbotech is headquartered in Yavne, Israel.

ACXIOM CORPORATION (ACXM)

Acxiom Corporation provides customer and information management services for various companies worldwide. It offers data and database services, data warehousing, data management, list processing services, data integration, consulting and analytic services, data content and software, and customer marketing services. The company offers AbiliTec, a software solution to integrate and manage customer data and customer relationships. Acxiom Corp. also provides consumer, property, business, and telephone marketing data; risk management solutions; and digital marketing solutions. In addition, the company provides information technology (IT) outsourcing and facilities management for data center management, network management, client/server management, and other complementary IT services. The company offers its services to companies in the financial services, insurance, information services, direct marketing, publishing, retail, and telecommunications industries. It operates primarily in the United States, the United Kingdom, France, Australia, and Japan. Acxiom was founded in 1969 and is headquartered in Little Rock, Arkansas.

SOURCEFIRE INC (FIRE)

Sourcefire, Inc. provides real-time network defense solutions for information technology (IT) infrastructures of commercial enterprise, healthcare, manufacturing, technology, educational, and federal and state organizations. The company's appliance products and software products provide a network defense system that unifies intrusion detection, intrusion prevention, and vulnerability management technologies. Sourcefire offers Snort, an open-source intrusion detection technology. The Snort technology is incorporated into the Sourcefire 3D (Discover, Determine, Defend) product suite that includes the Sourcefire Intrusion Sensors and Agents, Sourcefire RNA Sensors, and the Sourcefire Defense Center. The real-time network awareness, or RNA, network intelligence product provides visibility into the composition, behavior, topology, and risk profile of the network; the intrusion sensors utilize open source Snort and the company's proprietary technology to monitor network traffic; and the defense center aggregates, correlates, and prioritizes network security events from RNA sensors and intrusion sensors to synthesize multipoint event correlation and policy compliance analysis. The company also provides technical support and professional services, including on-site network security deployment consulting, and classroom and online training for managing a network security solution. Sourcefire markets and sells its appliances, software, and services through its direct sales organization and indirectly through the resellers, distributors, and original equipment manufacturers worldwide, primarily in the United States. The company was founded in 2001 and is headquartered in Columbia, Maryland.

DATALINK CORPORATION (DTLK)

Datalink Corporation serves as an architect of enterprise-class information storage infrastructures of data intensive industries in the United States. It analyzes, designs, implements, and supports information storage infrastructures that store, protect, and provide continuous access to information. Datalink offers solutions for storage area networks, network-attached storage, direct-attached storage, and IP-based storage. The company's solutions include hardware products, such as disk arrays, tape systems, and interconnection components, as well as storage management software products. It also offers assistance in the installation of solutions and support services subsequent to the installation, as well as provides consulting services. The company has partnerships with ADIC, Brocade Communications Systems, Inc., Cisco Systems, Inc., Crossroads Systems, Inc., Diligent Technologies Corporation, EMC Corporation, Hitachi Data Systems, LEGATO Systems, Inc., Managed Storage International, Inc., McData Corporation, Network Appliance, Inc., Quantum Corporation, Spectra Logic Corporation, Storage Technology Corporation, and VERITAS Software Corporation. Datalink was founded in 1958 and is headquartered in Chanhassen, Minnesota.

JDA SOFTWARE GROUP INC (JDAS)

JDA Software Group, Inc. provides integrated software solutions designed for the retail industry and its suppliers in the United States. The company's solutions address the requirements of demand and supply chain management, business process, decision support, e-commerce, inventory optimization, collaborative planning and forecasting, and store operations. Its solutions include strategic merchandise management solutions that provide tools for retailers and suppliers to manage and optimize the planning, buying, supply, and promotion of their products to consumers; merchandise operations systems provide solutions for enterprise management of inventory throughout the retail demand chain; and in-store systems offers point-of-sale tilling functions, and in-store inventory management functions, such as receiving, transfers, price management, and physical inventory. The company's in-store systems offerings include customer relationship management and workforce management solutions. It sells its products and services through direct sales force to retail and consumer package goods manufacturers and wholesalers. The company was co-founded by James D. Armstrong in 1985 and is headquartered in Scottsdale, Arizona.

PARAGON SHIPPING INC CLASS A COMMON SHARES (PRGN)

Paragon Shipping, Inc. engages in the ocean transportation of cargoes worldwide through the ownership and operation of the bulk carrier vessels. It provides international seaborne transportation services, carrying various drybulk cargoes, including iron ore, coal, grain, bauxite, phosphate, and fertilizers. As of September 17, 2007, the company's fleet consisted of 9 vessels with a total carrying capacity of 557,196 deadweight tons. Paragon Shipping, Inc. was founded in 2006 and is based in Athens, Greece.

DIGITAL RIVER INC (DRIV)

Digital River, Inc. provides e-commerce outsourcing solutions. The company offers e-commerce site development and hosting, site merchandising, order management, fraud prevention, denied parties screening, export controls, tax management, digital and physical product fulfillment, multilingual customer service, email marketing and advanced reporting, and Web analytics services. In addition, it offers search advertising, search engine optimization, affiliate marketing, site/store optimization, and email optimization. The company provides its services primarily to online store development and hosting, transaction processing, electronic software delivery, fraud screening, customer service, and analytical marketing industries. Digital River was founded by Joel A. Ronning in 1994 and is headquartered in Eden Prairie, Minnesota.

SMITH MICRO SOFTWARE INC (SMSI)

Smith Micro Software, Inc. and its subsidiaries engage in the development and marketing of wireless communication software products and services. It manufactures, markets, and sells wireless connectivity products to the original equipment manufacturers market, primarily wireless service providers and mobile phone manufacturers, as well as to consumer. The company offers software products primarily for Windows XP, Windows 2000, WindowsME, Windows 98, Windows CE, pocket PC, Mac, Palm, and Unix and Linux operating systems. Its products include QuickLink Mobile, which turns data capable wireless phones into wireless modems; QuickLink Mobile Phonebook that enables users to be able to edit wireless phonebooks on a PC computer and copy, email, or PIM databases to the phone; and FAXstf X and FAXstf X Pro, which enables users to exchange faxes and data files with remote modems, fax/modems, and fax machines on the Mac OS X operating environment. The company's products also comprise HotFax MessageCenter and HotFax, an integrated voice, fax, and data communication software program that enables users to receive voice mail and exchange faxes and data files with remote modems, fax/modems, and fax machines; WebDNA that provides the tools necessary to develop a Web site or an e-business site supporting Windows, Mac, Unix, and Linux; and CheckIt Utilities, which provides end-users the hardware information they need to evaluate, fine-tune, and manage their systems. Smith Micro Software also sells eBusiness and utility software and professional consulting services related to eBusiness applications. The company was co-founded by William W. Smith. Smith Micro Software was incorporated in 1983 and is headquartered in Aliso Viejo, California.

EBIX INC (EBIX)

Ebix, Inc. provides software and Internet-based solutions for the worldwide insurance industry. It primarily offers software development services to insurance carriers, brokers, and agents, as well as involves in the customization, development, implementation, and support of Business Reinsurance and Insurance Company System that provides insurance-specific automation solutions for insurance companies. The company also sells and supports agency management systems, including EbixASP and e.global, as well as provides connectivity between consumers, agents, carriers, and third party providers through Ebix.com, LifeLink, INS-Site, and Ebix.Exchange. In addition, Ebix offers business process outsourcing services, which include call center and back office services. The company was founded as Delphi Information Systems in 1976 and changed its name to Ebix.com in 1999. Further, Ebix.com changed its name to Ebix, Inc. in 2003. Ebix is headquartered in Schaumburg, Illinois.

JACK HENRY & ASSOCIATES INC (JKHY)

Jack Henry & Associates, Inc. offers integrated computer systems that provide data processing and management information to banks, credit unions, and financial and nonfinancial institutions in the United States. It offers data processing system solutions used by customers for the management of their back-office and customer/member interaction processes. The company develops software applications designed primarily for use on hardware supporting IBM and UNIX/NT operating systems. Its bank systems and services include Silverlake System, CIF 20/20, and Core Director. The company's credit union systems and services include Episys and Cruise. It also offers the IBM eServer systems; IBM workstations; Dell servers and workstations; NCR, BancTec, and Unisys check transports; and various other devices that complement its software solutions. In addition, the company offers complementary products and services, such as business intelligence, retail delivery, business banking, Internet banking, electronic funds transfer, asset management and protection, item and document imaging, and professional services and education. Further, the company performs data conversion and hardware and software installation for the implementation of systems and integrated applications. As of June 30, 2005, the company provided outsourcing services through a network of 6 data centers and 22 item-processing centers in the United States. The company has strategic relationship with IBM. Jack Henry & Associates was founded in 1969 and is based in Monett, Missouri.

RADWARE LTD - ORDINARY SHARES (RDWR)

Radware, Ltd. engages in the development, manufacture, and sale of intelligent application switching solutions worldwide. The company's application switching solutions enable its customers to manage their network infrastructure, bypass systems failures, and scale their network infrastructure to accommodate increasing Internet protocol traffic. It provides nine types of products: Web Server Directory, FireProof, Cache Server Directory, LinkProof, LinkProof Branch, DefensePro, Peer Director, Content Inspection Director, and CertainT Transaction Accelerator. The Web Server Director product provides availability, redundancy, security, and operation of servers. The FireProof product provides availability, redundancy, and operation of security tools across the network. The LinkProof product manages Internet traffic for networks, commonly referred to as multihomed networks. The DefensePro product protects against worms, viruses, malicious intrusions, and denial of service attacks. The certainT Transaction Accelerator product performs HTTP compression and multi gigabit speed transactions. The Content Inspection Director product provides fault tolerant and anti-virus scanning and content filtering. The Peer Director product controls, manages, and optimizes Internet routing. The company markets and sells its products through an indirect sales channel that include distributors located in North America, Europe, and Asia. Its customers include banks, insurance companies, manufacturing and retail, government agencies, media companies, and service providers. The company also offers its products to e-commerce businesses, such as e-commerce Web sites, publishing Web sites, and portals. Radware was co-founded by yehuda Zisapel and Zohar Zisapel in 1996. The company is headquartered in Tel Aviv, Israel.

CGI GROUP INC (GIB)

CGI Group, Inc. provides information technology (IT) and business process outsourcing services worldwide. Its IT services include management of IT and business processes on an outsourced basis, as well as systems integration and consulting. The company's business process outsourcing services include business processing for the financial services sector, as well as payroll services, document management services, and finance and administration services. These services also include facilities management, such as data centers, call centers, network, and desktop services; application maintenance and support; and development and integration of new projects and applications. The company offers its IT services in various sectors, including financial services, manufacturing, retail and distribution, government, and healthcare, as well as telecommunications and utilities. As of September 30, 2005, it operated approximately 100 offices. CGI Group was founded in 1976 and is headquartered in Montreal, Canada.

CONCUR TECHNOLOGIES INC (CNQR)

Concur Technologies, Inc. provides business services and software solutions that automate corporate expense management solutions. The company's solutions are designed to automate and streamline corporate expense reimbursement processes, improve internal controls, and enable businesses. Its flagship product Concur Expense solution offers services and software for automating the travel and entertainment expense management process. The company also provides value-added services and software that integrate with Concur Expense, such as Concur Payment, Concur Imaging Service, Concur Business Intelligence, Concur Total Access, Concur Travel Integration, Concur Benchmarking Service, and Concur Compliance Solution. In addition, it offers consulting, customer support, and training services in connection with corporate expense management solutions. The company serves Global 100 companies, Fortune 1000 companies, global public companies, and single-location private companies. Concur Technologies markets and sells its solutions through direct sales organization and indirect distribution channels, such as strategic reseller and referral partners. The company was founded in 1993 and is headquartered in Redmond, Washington.

SYNOPSYS INC (SNPS)

Synopsys, Inc. provides electronic design automation (EDA) software for semiconductor design in the United States and internationally. It offers semiconductor design and verification software platforms and integrated circuit (IC) manufacturing software products to electronics markets. The company's IC design solutions primarily include IC Compiler, Design Compiler, Physical Compiler, PrimeTime, and Star-RCXT. It also offers discovery verification platform products and solutions, which primarily include VCS, Vera, NanoSim, and Verification IP. In addition, the company develops and markets design for manufacturing, and analog and mixed-signal IC design and verification products and initiatives, which primarily include Technology-CAD products, Proteus OPC/InPhase optical proximity correction products, SiVL, and Virtual Stepper. Further, it offers a portfolio of IP products and components that primarily include DesignWare Foundation Library and DesignWare Verification Library. Additionally, the company provides consulting services. Synopsys was co-founded by Aart J. de Geus in 1986. The company is headquartered in Mountain View, California.

MAGIC SOFTWARE ENTERPRISES LTD - ORDINARY SHARES (MGIC)

Magic Software Enterprises, Ltd. engages in the development, marketing, and support of software development, deployment, and integration technologies, as well as business solutions that enable enterprises to build and deploy applications that can be customized and integrated with existing systems. The company offers eDeveloper technology, which enables developers to create and modify applications by filling in forms and tables that define data structures, business rules, and program logic; and iBOLT technology that provides integration and connectivity capabilities, including database interoperability and the capacity to deploy on a range of systems on varied platforms. The company also develops, markets, and supports vertical application software for the long term care industry; CarPro for managing various functions, such as purchasing and selling vehicles, reservations management, leasing and rental arrangements, and fleet control and management; solutions in the areas of infrastructure design and delivery, application development, technology planning, and supplemental staffing; and Hermes, a solution for cargo handling and inventory control. Magic Software also provides a range of consulting and software development project management services. The company markets and supports its products through direct sales force, a network of distributors, and system integrators in the United States, the United Kingdom, Europe, Israel, South Africa, India, Japan, and other countries. Magic Software has strategic alliances with SAP AG; IBM; IDS Scheer AG; Pervasive Software; iWay Software; Sabratech, Ltd.; W4; and Enformia Software, Ltd. The company was co-founded by David Assia in 1983 as Magic Software (1983), Ltd. It changed its name to Magic Software Enterprises, Ltd. in 1991. The company is headquartered in Or-Yehuda, Israel. Magic Software Enterprises, Ltd. is a subsidiary of Formula Systems (1985) Ltd.

VANGUARD BOND INDEX FUNDS VANGUARD BOND INDEX FUNDS VANGUARD TOTAL BOND MARKET ETF (BND)

The investment seeks to track the performance of a broad, market-weighted bond index. The fund invests by sampling the index. It invests at least 80% of assets in bonds held in the index. The fund maintains a dollar-weighted average maturity consistent with that of the index, ranging between 5 and 10 years.

ANSYS INC (ANSS)

ANSYS, Inc. engages in the development and marketing of engineering simulation software and technologies used by engineers and designers in aerospace, automotive, manufacturing, electronics, and biomedical industries in the United States and internationally. It primarily offers ANSYS Simulation Suite, which incorporates design simulation and virtual prototyping into a product development process; ANSYS Physics Verticals that focuses towards specific industries to solve problems, such as electromagnetic interference, antenna design, aerodynamic design, crash dynamics, metal forming, and product design reliability; and ANSYS Workbench Environment, which provides integration with Computer-Aided Design systems enabling bi-directional interaction between the CAD model and the analytical solution provided by it. The company also provides ANSYS ICEM CFD Suite that consists of geometry acquisition, mesh generation, post-processing, and mesh optimization tools; and ANSYS CFX Suite that allows companies to solve the computationally intensive problems. ANSYS distributes products directly or through a network of channel partners in 40 countries. It has strategic alliances with Autodesk, Inc.; Dassault Systemes; Parametric Technology Corporation; Solid Edge; Solid Works; and UGS PLM Solutions. The company was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

SAPIENT CORPORATION (SAPE)

Sapient Corporation operates as a business consulting and technology services company. It plans, designs, implements, and manages information technology solutions. The company offers business processes, data warehousing and business intelligence solutions, e-business and Web-based solutions, enterprise architecture and integration, and industry-focused package and custom solutions. It also manages client's technology applications utilizing its Global Distributed Delivery model. In addition, Sapient offers various services, including application management, quality assistance and testing, and other long-term outsourcing services. The company provides its solutions to automotive, industrial, aerospace, defense, and heavy equipment manufacturing industries; healthcare industries; education; financial services; technology and communications markets; retail, direct marketing, consumer packaged goods, and consumer products industries; travel and hospitality sectors; and government agencies in defense, transportation, health, and postal services industries. It operates in Canada, Germany, India, the United Kingdom, and the United States. The company was co-founded by Jerry A. Greenberg and J. Stuart Moore in 1991, and is based in Cambridge, Massachusetts.

COMPUTER SCIENCES CORPORATION (CSC)

Computer Sciences Corporation (CSC) provides information technology (IT) outsourcing, consulting and systems integration services, and other professional services worldwide. The company's outsourcing services involves operating customer's technology infrastructure, including systems analysis, applications development, network operations, desktop computing, and data center management. CSC also provides business process outsourcing, such as procurement and supply chain, call centers, and customer relationship management; credit services; claims processing; and logistics. Its IT and professional services include systems integration, consulting, and other professional services. Systems integration includes designing, developing, implementing, and integrating complete information systems. Consulting and professional services include advising clients on the strategic acquisition and utilization of IT, and on business strategy, security, modeling, simulation, engineering, operations, change management, and business process re-engineering. CSC also licenses software systems for the financial services markets and provides various end-to-end e-business solutions to the commercial and government clients. The company offers its services to various customers in the aerospace/defense, automotive, chemical and energy, consumer goods, financial services, healthcare, manufacturing, retail or distribution, telecommunications, and utilities industries primarily in the North America, Europe, Asia, and Australia. The company was founded by Roy Nutt and Fletcher Jones in 1959. CSC is headquartered in El Segundo, California.

QUEST SOFTWARE INC (QSFT)

Quest Software, Inc. engages in the development, sale, and support of database management, windows management, and application management software products worldwide. Its products enable users to develop, deploy, and manage packaged and custom software applications, as well as associated software infrastructure components, such as databases, application servers, and operating systems. The company also provides consulting, training, and support services. Quest sells its products and services through its direct sales organization. The company was founded in 1987 and is headquartered in Aliso Viejo, California.

CERNER CORPORATION (CERN)

Cerner Corporation supplies healthcare information technology solutions worldwide. The company designs, develops, markets, installs, hosts, and supports software information technology and content solutions for healthcare organizations and consumers. It offers software solutions and hardware that gives healthcare providers secure access to clinical, administrative, and financial data in real time. The company provides access to an individual's electronic medical record at the point of care, and organizes information for the specific needs of the physician, nurse, laboratory technician, pharmacist, and other care providers, as well as for front and back office professionals. In addition, it offers installation services, which include project-scoping services, conducting pre-installation audits, and creating initial environments. Cerner's implementation and consulting services include database consulting, system configuration, project management, testing assistance, network consulting, post conversion review, and application management services. The company markets its products and services to integrated delivery networks, physician groups and networks, and their managed service organizations; managed care organizations; hospitals; medical centers; free-standing reference laboratories; home health agencies; blood banks; imaging centers; pharmacies; pharmaceutical manufacturers; employer coalitions; and public health organizations. Cerner was founded in 1979 and is headquartered in North Kansas City, Missouri.

UNISYS CORPORATION NEW (UIS)

Unisys Corporation provides information technology (IT) services and solutions to businesses and governments worldwide. It operates in two segments, Services and Technology. The Services segment provides various services and solutions, including systems integration and consulting; outsourcing, including the management of a customer's internal information systems and management of specific business processes, such as check processing, insurance claims processing, health claims processing, mortgage administration, and cargo management; and infrastructure services involving the design and support of customers IT infrastructure, including desktops, servers, mobile and wireless systems, and networks. It also offers enterprise-wide security solutions to protect systems, networks, applications, and data, as well as provides core maintenance services. The Technology segment develops servers and related products that operate in various environments. It primarily offers enterprise-class servers based on the Unisys Cellular MultiProcessing architecture, such as the ClearPath Plus family of servers, which integrates proprietary and open platforms; the ES7000 family of servers, which provide enterprise-class attributes on Intel-based servers; operating system software and middleware; and other technologies, such as payment systems, chip testing, and third-party products. It offers its products and services to financial services, public sector, communications, transportation, commercial, and media markets, as well as to sports organizations through direct sales force and distributors. Unisys was founded in 1886 and is based in Blue Bell, Pennsylvania.

STERLITE INDUSTRIES (INDIA) LIMITED AMERICAN DEPOSITARY SHARES (SLT)

Sterlite Industries (India) Limited engages primarily in the production of copper in India. Its products include copper cathodes; and cast copper rods, including 11 mm and 12 mm rods used in the transformer industry, and 8 mm rods used by the wires and cables industry with applications in housing wires, electrical cables, and telecom cables. The company also engages in the mining of bauxite, and the production of aluminum conductors and various aluminum products, as well as in the mining of zinc ore, and in the manufacture of zinc ingots and lead ingots. In addition, Sterlite Industries produces various chemical products, such as sulphuric acids, phosphoric acids, phospho gypsum, hydro fluo silicic acids, and granulated slag. Further, the company involves in trading gold, as well as in paper business. It markets its copper products directly to original equipment manufacturers and traders. The company is based in Mumbai, India. Sterlite Industries (India) Limited is a subsidiary of Vedanta Resources plc.

MENTOR GRAPHICS CORPORATION (MENT)

Mentor Graphics Corporation provides electronic hardware and software design solutions, providing products, consulting services, and support for electronics and semiconductor companies worldwide. The company develops, manufactures, markets, sells, and supports electronic design automation products and provides related services, which are used by engineers to design, analyze, simulate, model, implement, and verify the components of electronic systems. The company's customers use its products in the design of wire harness systems and semiconductors, such as microprocessors, field programmable gate arrays, printed circuit boards, and memory and application specific integrated circuits. The company's products are used in the design of various set of electronic products, including automotive electronics, video game consoles, telephone-switching systems, cellular handsets, computer network hubs and routers, signal processors, personal computers, video conferencing equipment, 3-D graphics boards, digital audio broadcast radios, smart cards, and products enabled with the Bluetooth short-range wireless radio technology and 802.11 wireless networking technology. The company markets its products and services primarily to companies in the military/aerospace, communications, computer, consumer electronics, semiconductor, networking, multimedia, and transportation industries. Mentor Graphics Corporation was founded in 1981 and is headquartered in Wilsonville, Oregon.

NCR CORPORATION (NCR)

NCR Corporation provides technology and services that enable businesses to interact, connect, and relate with their customers worldwide. It operates in seven segments: Data Warehousing, Financial Self Service, Retail Store Automation, Customer Services, Systemedia, Payment and Imaging, and Other. The Data Warehousing segment provides database, data mining, and analytical applications; hardware; and consulting and support services. The Financial Self Service segment provides self service technologies, such as automated teller machines (ATMs), cash dispensers, and software solutions, including the APTRA application suite to financial institutions, retailers, and independent deployers. The Retail Store Automation segment provides point of sale (POS) terminals, self-checkout systems, self-service kiosks, bar-code scanners, software, and services to retailers. The Customer Services segment provides maintenance and support services for NCR's solutions, and various third party companies. It also provides site assessment and preparation, staging and implementation, and complete systems management services. The Systemedia segment produces a line of printer consumables, including paper rolls for ATMs and POS workstations, inkjet and laser printer supplies, thermal transfer ribbons, labels, ink ribbons, laser documents, business forms, and retail office products. Payment and Imaging segment provides solutions for both paper-based and image-based check and item processing. The Other segment resells third party computer hardware, and related professional and installation services. NCR Corp. has a strategic alliance with Pay By Touch Solutions that combines both companies' hardware and software solutions to offer merchants a single point of contact for their merchant and consumer biometric needs. The company was founded in 1884 by John H. Patterson as National Cash Register Company and changed its name to NCR Corporation in 1974. NCR Corp. is headquartered in Dayton, Ohio.

THQ INC (THQI)

THQ, Inc. engages in the development and publishing of interactive entertainment software for the hardware platforms in the video game market. It offers a portfolio of titles playable on the platforms, such as home video game consoles, handheld platforms, and personal computers. The company's titles span entertainment software genres, including action, adventure, children's, driving, fighting, puzzle, role-playing, simulation, sports, and strategy. THQ produces products internally based on original and licensed content, as well as contracts with third-party developers to develop products. In addition, THQ provides games, ringtones, wallpapers, and other content for wireless devices. It distributes games directly to mass merchandisers, consumer electronic stores, discount warehouses, and retail chain stores in North America, as well as through its sales network to retail shelves in approximately 75 countries worldwide. The company was incorporated in 1989 under the name Trinity Acquisition Corporation and changed its name to THQ, Inc. in 1990. THQ is based in Calabasas Hills, California.

FISERV INC (FISV)

Fiserv, Inc. provides integrated data processing and information management systems to financial services providers in the United States and internationally. It operates in three segments: Financial Institution Outsourcing, Systems, and Services; Health Plan Management Services; and Investment Support Services. The Financial Institution Outsourcing, Systems, and Services segment provides account and transaction processing systems and services to financial institutions and other financial intermediaries, including banks, credit unions, financial planners and investment advisers, insurance companies and agents, self-insured employers, leasing companies, lenders, and savings institutions. The Health Plan Management Services segment provides services primarily to employers who self-insure their health plan, including services, such as handling payments to healthcare providers. The Investment Support Services segment provides various administrative, custodial, and processing services to individual investors, third-party retirement plan and pension administrators, investment advisors and financial planners, and financial intermediaries. Its products include self-directed retirement plan administration services and mutual fund custody trading services. The company operates support centers for full-service financial data processing, software system development, item processing and check imaging, technology support, and related product businesses in the United States, as well as in Argentina, Australia, Canada, Colombia, Indonesia, the Philippines, Puerto Rico, Poland, Singapore, and the United Kingdom. In addition, it provides plastic card issuance, design, personalization and mailing services, and document management products. Fiserv was formed in 1984 and is headquartered in Brookfield, Wisconsin.

ELECTRONICS FOR IMAGING INC (EFII)

Electronics for Imaging, Inc., through its subsidiaries, engages in the design and marketing of digital imaging and print management solutions. Its technologies offer document management tools production workflow, print management information software solutions, output management solutions, print servers and controllers, and enterprise and mobile printing solutions. The company's products include stand-alone servers, which are connected to digital copiers and other peripheral devices; and controllers and chip designs, which are embedded in digital copiers, desktop color laser printers, and multifunction devices. It offers design-licensed solutions to printer and copier manufacturers and software to the printing industry. The company's software products and services help customers to automate their print processes and streamline workflow. Its products support a range of printers, copiers, and multifunctional devices. The company sells its products primarily to original equipment manufacturers, major distribution partners, and directly to print shops in North America, Europe, Asia Pacific, and Japan. Electronics for Imaging was founded by Efi Arazi in 1988 and is headquartered in Foster City, California.

PARAMETRIC TECHNOLOGY CORPORATION (PMTC)

Parametric Technology Corporation engages in the development, marketing, and support of product lifecycle management (PLM) and enterprise content management (ECM) software solutions and related services worldwide. The PLM consists of the mechanical computer-aided design, manufacturing and engineering, and the collaboration and data management solutions, as well as product data management, component and supplier management, visualization and digital mockup, enterprise application integration, program and project management, after market service and portfolio management, requirements management, customer needs management, manufacturing planning, and technical and marketing publications. The ECM offers technologies for business process management, compliance management, document management, dynamic publishing, document archival and retrieval, knowledge management, records management, and Web content management. It also offers maintenance services, and consulting and training services. The company serves life sciences, publishing, government, and financial services markets. It products are sold through direct sales force, third-party distributors, and Internet, as well as through indirect distribution channel, such as through alliances with resellers. Parametric Technology Corp. has a partnership with HIS, Inc. to deliver electronic components content to users of PTC Windchill. The company was founded in 1985 and is headquartered in Needham, Massachusetts.

CIBER INC (CBR)

CIBER, Inc. and its subsidiaries provide information technology (IT) system integration consulting and other IT services to governmental agencies, and Fortune 500 and middle market companies from offices located throughout the United States and Europe, as well as Canada and India. It offers a range of services to its clients, including staff supplementation services, custom application development services, implementation services of enterprise resource planning packages, application maintenance outsourcing services, resale of hardware and software products, managed hosting, and call center support. CIBER's IT hardware and software products include switches and routers, fileservers, application and database servers and related software, data storage systems, security appliances, and security software. The company serves its clients in the manufacturing, telecommunications, healthcare, automotive, education, and services and other industries, as well as in the finance, banking, and insurance industries. CIBER was founded in 1974 by Bobby G. Stevenson and is headquartered in Greenwood Village, Colorado.

SAP AG ADS (SAP)

SAP AG engages in the development, marketing, sale, and support of enterprise application software products for corporations, governmental agencies, and educational institutions worldwide. Its mySAP Business Suite enables companies to manage value chain across business networks. mySAP Business Suite solutions also manage company's information technology infrastructure and can be deployed on various computer hardware types and software operating systems. The company's mySAP Customer Relationship Management solution provides support for sales, marketing, channel management, interaction center, and service management. Its mySAP enterprise resource planning solution enables organizations to run their business functions, including analytics, human resources, financials, operations, corporate services, and planning. The company's mySAP Product Lifecycle Management offers product, project, and portfolio management; research and development; life-cycle data management; and corporate services. Its mySAP Supply Chain Management solution provides supply chain planning, execution, collaboration, and coordination enabling organizations and their partners to view inventory levels, orders, supplier and customer allocations, forecasts, production plans, and key performance indicators. In addition, SAP provides consulting, custom development, education, hosting, and support services. The company was founded in 1972 and is headquartered in Walldorf, Germany.

IGATE CORPORATION (IGTE)

iGate Corporation provides information technology and offshore outsourcing services to large and medium-sized organizations. The company operates through two segments, iGate Solutions and iGate Professional Services. The iGATE Solutions segment offers outsourcing of information technology (IT) and business process outsourcing services (BPO). Its IT services include enterprise data management and data warehousing; business intelligence and analytics; design, development, system integration, and package evaluation and implementation; and re-engineering and maintenance; and BPO services, such as contact center services and transaction processing services. The iGate Professional Services segment provides various client-managed and supervised IT staffing services. These service offerings include design, development, and maintenance of custom applications, as well as implementation, integration, and support of enterprise packaged applications, such as ERP and CRM software. In addition, the company, through its subsidiaries, offers recruiting and placement services for outside customers; and contracts with pharmaceutical companies to conduct clinical trials. The company operates in the United States, India, Canada, Europe, Singapore, Malaysia, Japan, China, and Australia. The company was founded by Sunil Wadhwani and Ashok Trivedi. iGate was incorporated in 1996. It was formerly known as iGate Capital Corporation and Mastech Corporation. iGate Corporation is headquartered in Pittsburgh, Pennsylvania.

NETSCOUT SYSTEMS INC (NTCT)

NetScout Systems, Inc. engages in design, development, marketing, sale, and support of network and application performance management products and solutions under the nGenius brand. Its hardware and software product suite, The nGenius Performance Management System, monitors, collects, and publishes information on the traffic flow of individual software applications, such as voice-over-Internet protocol, e-commerce, supply chain management, and customer relationship management, as well as on the performance of the underlying network and its users' behavior. The system is comprised primarily of two components, data collection via NetScout's network monitoring appliances, called nGenius Probes, software agents, and network devices; and information filtering, aggregation, recording, analysis, and presentation via its software application, nGenius Performance Manager. nGenius Performance Manager is a management solution implemented in a single, integrated application that monitors and reports on network and application traffic, troubleshoots performance problems, and provides information for capacity planning. In addition, the company provides nGenius Flow Collector and nGenius Flow Recorder for the collection and capture of NetFlow information. It sells its products worldwide to financial services, technology, healthcare, retail, telecommunications, and manufacturing companies, as well as government agencies through own sales force, original equipment manufacturers, distributors, resellers, service providers, and systems integrators. The company has a strategic alliance with OPNET to develop models of joint customers. NetScout was co-founded by Anil K. Singhal and Narendra Popat, and was incorporated under the name Frontier Software Development, Inc. in 1984. The company changed its name to NetScout Systems, Inc. in 1997. The company is headquartered in Westford, Massachusetts.

INFORMATICA CORPORATION (INFA)

Informatica Corporation provides enterprise data integration software that handles a range of enterprise-wide integration initiatives, including data warehousing, data migration, data consolidation, master data management, and data synchronization. Its products enable its customers to simplify their information technology infrastructure by providing a single platform for enterprise data integration initiatives. The company's products include PowerCenter, an enterprise data integration product for accessing, integrating, and delivering data to systems, people, or processes; PowerExchange, which provides access to critical enterprise data systems, including mainframe, midrange relational databases, and file-based systems as a standalone solution or as a tightly integrated product; SuperGlue, a software that provides the ability to catalog, view, and analyze metadata assets; PowerAnalyzer, a software for data integration and data delivery processes. It also offers a set of professional services, including product-related customer support, consulting services, and education services. Informatica Corporation has approximately 2,100 customers from various industries, including technology, financial services, manufacturing, educational, and telecommunications. It markets and sells its software and services through its direct sales force in the United States, Canada, France, Germany, the Netherlands, Switzerland, the United Kingdom, and Japan. Informatica Corporation also has relationships with distributors in various regions, including Europe, Asia-Pacific, Australia, Japan and Latin America, who sublicense its products and provide service and support within their territories. Informatica Corporation was founded in 1993 and is headquartered in Redwood City, California.

INFOSYS TECHNOLOGIES LIMITED - AMERICAN DEPOSITARY SHARES EACH REPRESENTED BY ONE EQUITY SHARE (INFY)

Infosys Technologies Limited provides consulting and information technology services primarily in North America, Europe, and the Asia-Pacific region. Its solutions include custom application development, maintenance and production support, software re-engineering, package evaluation and implementation, and information technology consulting. The company also provides testing services, operations and business process consulting, engineering services, business process management, systems integration, and infrastructure management services. In addition, Infosys Technologies provides software products to the banking industry and business process management services. It also provides business process management services, such as offsite customer relationship management, finance and accounting, and administration, and sales order processing. Infosys Technologies was co-founded by N. R. Narayana Murthy, Nandan M. Nilekani, S. Gopalakrishnan, K. Dinesh, and S. D. Shibulal in 1981. It was formerly known as Infosys Consultants Private Limited and changed its name to Infosys Technologies Private Limited in April 1992, and further to Infosys Technologies Limited in June 1992. The company is headquartered in Bangalore, India.

TOTAL SYSTEM SERVICES INC (TSS)

Total System Services, Inc. (TSYS), through its subsidiaries, provides electronic payment processing and related services to financial and nonfinancial institutions in the United States, Canada, Mexico, Honduras, Puerto Rico, and Europe. Its services include processing retail, commercial, government services, stored value, and debit cards, as well as student loans. TSYS also offers merchant services in Japan; other products and services, including risk management tools and techniques, such as credit evaluation, fraud detection and prevention, and behavior analysis tools; and revenue development tools and customer retention programs, such as loyalty programs and bonus rewards. The company, through its wholly owned subsidiary, Vital Processing Services, provides technology-based commerce-enabling services, which include authorizing and capturing electronic payments at the point-of-sale, and clearing and settling merchant transactions; merchant terminal management; and information services to acquirers and their merchants for processing credit, debit, and other card transactions. Through online accounting and electronic payment processing systems, TSYS provides electronic payment processing and other related services to card issuing institutions. The company is headquartered in Columbus, Georgia. Total System Services, Inc. operates as a majority owned subsidiary of Synovus Financial Corp., as of December 31, 2004.

NUANCE COMMUNICATIONS INC (NUAN)

Nuance Communications, Inc. provides speech and imaging solutions for businesses and consumers worldwide. It delivers speech solutions that use the human voice to interact with information systems and devices; and imaging solutions that converts and manages information as moved from paper formats to electronic systems. The company's speech technologies enable voice-activated services over a telephone, transform speech into written word, and permit the control of devices and applications by speaking. The speech solutions are used by automobile, mobile phones, entertainment, consumer electronics, navigation systems, and aftermarket system manufacturers. It offers network speech, embedded speech, and dictation solutions. The company's imaging solutions eliminate the need to manually reproduce documents, automate the integration of documents into business systems, and enable the use of electronic documents and forms within database, Internet, mobile, and other business applications. Nuance Communications markets and distributes its products indirectly through a network of resellers, comprising system integrators, independent software vendors, value-added resellers, hardware vendors, telecommunications carriers, and distributors; and directly to businesses and consumers through direct sales force and e-commerce Web site. It serves healthcare, telecommunications, financial services, legal, and government markets. The company was founded in 1992 as Visioneer, Inc. It changed its name to ScanSoft, Inc. in 1999 and to Nuance Communications, Inc. in October 2005. Nuance Communications is headquartered in Burlington, Massachusetts.

BMC SOFTWARE INC (BMC)

BMC Software, Inc. and its subsidiaries develop software that provides systems and service management solutions for large enterprises. It offers its products in four categories: mainframe management, distributed systems management, service management, and identity management. The mainframe management product category includes products designed for managing database management systems on mainframe platforms. It includes MAINVIEW solutions, which manage, automate, and optimize the depth and breadth of z/ OS, DB2, CICS, IMS, Linux, middleware, the Web, and storage. The distributed systems management product category includes systems management and monitoring, distributed data management, scheduling, and output management solutions. The service management product category includes service delivery management, service impact management, information technology (IT) service management for the enterprise, IT service support for the small and mid-sized business, IT service management for outsourcers, and IT discovery and software configuration management solutions. The identity management product category includes products that facilitate user administration and provisioning, password administration, enterprise directory management, Web access control, and audit and compliance management. The company also provides maintenance, enhancement, and support for its products; and performs software implementation, integration, and education services. Its customers include manufacturers, telecommunications companies, financial service providers, educational institutions, retailers, distributors, hospitals, service providers, government agencies, and value-added resellers. The company markets its products directly through its sales force, as well as indirectly through channel partners, including resellers, distributors, and systems integrators. BMC Software has a strategic alliance with Sybase, Inc. The company was founded in 1980 and is headquartered in Houston, Texas.

TAKE-TWO INTERACTIVE SOFTWARE INC (TTWO)

Take-Two Interactive Software, Inc. (TTIS) engages in publishing, developing, and distributing interactive entertainment software, hardware, and accessories. The company publishes interactive software games for personal computers, video game consoles, and handheld platforms. It also publishes games developed internally and by third parties. The company also distributes games for video game consoles and handheld platforms published internally and by third parties, as well as hardware and accessories manufactured by third parties. In addition, TTIS manufactures and markets video game accessories in Europe, North America, and the Asia Pacific region. It sells its software titles to retail outlets in North America and Europe through direct relationships with retail customers and third-party distributors. TTIS was incorporated in 1993 and is headquartered in New York City.

SONUS NETWORKS INC (SONS)

Sonus Networks, Inc. supplies packet voice infrastructure solutions for wireline and wireless service providers. The company's products include switching equipment and software that enable voice services to be delivered over packet-based networks. It offers a suite of voice infrastructure solutions that include the GSX9000 open services switch, which enables voice traffic to be transported over packet networks; and the Insignus Softswitch, which offers network intelligence in next-generation networks, including call control, signaling, core network routing, and a management foundation. The company also provides the Sonus Insight Management System, which includes the Element Management System, the DataStream Integrator, the Subscriber Management System, the Network Traffic Manager, and the Sonus Insight Developer's Kit, that together offer configuration, provisioning, security, alarm reporting, performance data, and billing mediation capabilities. It serves various communications service providers, including long distance carriers, local exchange carriers, Internet service providers, wireless operators, cable operators, international telephone companies, and carriers that provide services to other carriers. Sonus Networks was founded in 1997 and is headquartered in Chelmsford, Massachusetts.

ELECTRONIC ARTS INC (ERTS)

Electronic Arts, Inc. engages in the development, publishing, and distribution of interactive software games that are playable by consumers on in-home video game players, personal computers, mobile video game players, and the Internet, worldwide. It publishes products in various categories, such as sports, action, strategy, simulations, role playing, and adventure. The company develops games internally, and also engages third-parties to develop games on its behalf at its development and production studios located near San Francisco, Los Angeles, Orlando, Chicago, Vancouver, Montreal, London, and Tokyo. Electronic Arts also teams with other game developers who develop their own interactive software games with the company's assistance, which it then publishes, markets, and distributes. Further, the company distributes interactive software games that are developed by other companies. Its products, designed to play on consoles and handhelds, are published under license from the manufacturers. Electronic Arts offers free games on its Web site under four brands: Pogo, EA GAMES, EA SPORTS, and EA SPORTS BIG. The company was founded in 1982 and is headquartered in Redwood City, California.

ACTIVISION BLIZZARD INC (ATVI)

Activision, Inc. publishes interactive entertainment software products. It maintains a portfolio of products that spans various categories and markets, and is used on various game hardware platforms and operating systems. The company's products cover game categories, such as action or adventure, action sports, racing, role-playing, simulation, first-person action, and strategy. Activision offers its products primarily in versions that operate on the Sony PlayStation 2, Nintendo GameCube, and Microsoft Xbox console systems; Nintendo Game Boy Advance, Sony PlayStation Portable, and Nintendo Dual Screen hand-held device; and the personal computer. The company develops, markets, and sells products directly, by license, or through its affiliate label program with certain third-party publishers. It provides logistical and sales services to third-party publishers of interactive entertainment software and manufacturers of interactive entertainment hardware in Europe. The company operates in the United States, Canada, the United Kingdom, Germany, France, Italy, Japan, Australia, Sweden, and the Netherlands. Activision was incorporated in 1979 and is headquartered in Santa Monica, California.

CHECK POINT SOFTWARE TECHNOLOGIES LTD - ORDINARY SHARES (CHKP)

Check Point Software Technologies, Ltd. engages in the development, marketing, and support of Internet security and virtual private networking solutions for enterprise and networks, service providers, small and medium businesses, and consumers. The company offers solutions that enable secure communications over Internet protocol networks, including the Internet, Intranets, and extranets. Check Point's Internet security solutions include various technologies that enable its customers to define their network and application security policies, enforce these policies across their networks, collect and correlate information, monitor the security and traffic flow, and analyze and update configurations to reflect changes in the Internet security policies. It also provides related software subscriptions, support, training, and consulting services. In addition the company offers endpoint security solutions that protect personal computers from hackers, spyware, and data theft. It sells its software products worldwide through multiple distribution channels, including distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point has a strategic partnership with D-Link to develop unified threat management solutions to small and medium-sized businesses. The company was founded in 1993 and is headquartered in Ramat-Gan, Israel.

AUTOMATIC DATA PROCESSING INC (ADP)

Automatic Data Processing, Inc. (ADP) provides computerized transaction processing, data communication, and information services worldwide. The company primarily offers: Employer Services, Brokerage Services, Dealer Services, and Claims Services. Its Employer Services include human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. ADP's Brokerage Services include transaction processing services, desktop productivity applications, and investor communications solutions to the financial services industry worldwide. Its products and services include: global order entry, trade processing, and settlement systems; and regulatory mailings, tax reporting, and corporate actions/reorganization solutions. The company's Dealer Services provide integrated dealer management systems and business solutions to automotive, heavy truck, and powersports vehicle retailers and manufacturers throughout North America and Europe. It offers a service product that includes computer hardware, hardware maintenance services, licensed software, software support, data integration, system design, and network consulting services. Dealer Services also include Web-enabled business solutions, front-end dealership sales process and business development training services, consulting services, and customer relationship management solutions. ADP's Claims Services include business solutions for clients in the property insurance, auto collision repair, and auto recycling industries. Its Claims Services' products and services include claims management applications; body shop and auto recycler management systems and auto recycler alternative parts locating solutions; other applications, databases, and management information tools and services for the claims process; and insurance broker risk management and insurance distribution services. ADP was founded in 1949 and is headquartered in Roseland, New Jersey.

COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION - CLASS A (CTSH)

Cognizant Technology Solutions Corporation provides custom information technology (IT) services related to IT design, development, integration, and maintenance services in the United States and Europe. The company offers Web-centric applications, data warehousing, component-based development, and legacy and client-server systems. Its IT services include application design, development, integration, and re-engineering and application maintenance. The company provides IT services using an integrated on-site/offshore business model. It primarily offers its services to the companies in the financial, healthcare, and retail/manufacturing/logistics industries. Cognizant Technology has a strategic relationship with The Trizetto Group, Inc. The company was founded in 1988 and is headquartered in Teaneck, New Jersey.

INTUIT INC (INTU)

Intuit, Inc. provides business and financial management solutions for small business, consumer and professional tax, and accountants in the United States, Canada, and Internationally. It offers QuickBooks-Related products include QuickBooks accounting and business management software for small businesses, as well as the products and services that can be added on to QuickBooks. These include financial supplies, QuickBooks Payroll, merchant services, and technical support. The company's Intuit-Branded Small Business products include outsourced payroll and solutions designed to meet the needs of businesses in the property management, wholesale durable goods distribution, and construction industries. The Tax portfolio consists of two segments, Consumer Tax and Professional Tax. Consumer Tax includes TurboTax consumer tax products and services. Professional Tax includes Lacerte and ProSeries professional tax products and services. Its other portfolio includes Quicken personal finance products and services. Intuit markets its products and services directly to its customers through its Web sites, call centers, and direct sales force, as well as through office supply superstores, warehouse clubs, consumer electronics retailers, food and drug retailers, catalogers, and general mass merchandisers. The company was founded in 1983 and is headquartered in Mountain View, California.

COMPUWARE CORPORATION (CPWR)

Compuware Corporation engages in the development, marketing, and support of an integrated set of systems software products. It offers software products that enhance various steps in the application life cycle, from application development and testing to performance management and information technology (IT) governance, for mainframe, distributed, and Web-based platforms. In addition, the company offers a range of IT services for distributed systems and mainframe environments, including technical staffing, application development, quality assurance, project management, and application maintenance, as well as professional services solutions that utilize its products. Compuware' products and professional services are used by the IT departments of various commercial and government organizations worldwide. The company markets its software products primarily in the United States, Canada, Europe, Japan, Asia-Pacific, Brazil, Mexico, and South Africa through a direct sales force and independent distributors. It offers its professional services primarily through account managers located in offices throughout North America, Europe, Asia-Pacific, and Brazil. Compuware was founded in 1973 by Peter Karmanos, Jr., Thomas Thewes, and Allen Cutting. The company is headquartered in Detroit, Michigan.

NETSOL TECHNOLOGIES INC - COMMON STOCK (NTWK)

NetSol Technologies, Inc. engages in the design, development, marketing, and export of software products to customers in the automobile finance and leasing industry worldwide. It develops LeaseSoft, an integrated lease and finance package, which includes LeaseSoft Electronic Point of Sale; Credit Application Processing System; Contract Management System; and Wholesale Finance System. LeaseSoft Electronic Point of Sale, a Web-based point of sale system, for the use of dealers, brokers, agents, and sales officers to initiate credit applications. Credit Application Processing System enables companies in the financial sector to handle the incoming credit applications from dealers, agents, brokers, and the direct sales force. Contract Management System provides business functionality that enables its users to manage and maintain a contract with details throughout its life cycle. Wholesale Finance System automates and manages the floor plan/bailment activities of dealerships through a finance company. The company's products also comprise InBanking, which is used in treasury, capital markets, and wholesale banking systems markets. NetSol Technologies also offers various professional services, comprising bespoke software development, software analysis and design, testing services, and consultancy in quality engineering and process improvement. Its services also include business process reengineering, business process outsourcing, system reengineering, maintenance and support of existing systems, technical research and development, project management, market research, and project feasibilities. The company has a strategic alliance with Intel Corporation. NetSol Technologies was founded in 1997. It was formerly known as NetSol International, Inc. and changed its name to NetSol Technologies, Inc. in 2002. The company is headquartered in Calabasas, California.

AUTODESK INC (ADSK)

Autodesk, Inc. operates as a software and digital content company worldwide. The company provides business solutions through technology products and services, including integrated and interoperable design software, Internet services, wireless development platforms, and point-of-location applications. Its activities are segregated into Design Solutions and Discreet Segments. Design Solutions segment sells design products and services for professionals and consumers who design, build, manage, and own building projects or manufactures goods, as well as the sale of mapping and geographic information systems technology to public and private users. The principal product portfolio of the segment includes AutoCAD and AutoCAD LT products. This segment also offers consulting, support, and training services. Discreet segment develops, integrates, markets, sells, and supports film and television compositing systems; high definition and standard definition broadcast editorial and finishing systems; digital cinema production systems for color grading and film finishing; and animation, visualization, and streaming media products. This segment primarily sells its products to post production facilities, film studios, broadcasters, and creative professionals for various applications, including feature films, television programs, commercials, music and corporate videos, interactive game production, design visualization, Web design, and interactive Web streaming. The company also offers a technology platform designed to deliver location-based applications to wired, mobile, and wireless users. Autodesk markets its product, LocationLogic, primarily to wireless carriers and network operators. The company's customers include companies in the building, manufacturing, infrastructure, and digital media sectors. Autodesk has a strategic alliance with UGS PLM Solutions and Microsoft. The company was founded in 1982 and is headquartered in San Rafael, California.

TIBCO SOFTWARE INC (TIBX)

TIBCO Software, Inc. engages in the development and marketing of software solutions for the integration of business information, processes, and applications in various industries. Its products enable businesses to connect and coordinate their applications, employees, partners, and customers, as well as automate their business processes from within the enterprise. TIBCO's solutions are comprised of four categories of software: Business Process Management Software (BPM), Business Optimization Software (BOS), Business Integration Software (BIS), and Enterprise Backbone Software (EBS). BPMS enables the automation and coordination of the assets and tasks that make up a business process. These products coordinate the human and electronic resources inside a business and their network of customers and partners. BOS routes information to appropriate recipients, lets user access information, and provides users with the ability to analyze and act on information. BIS enables companies to connect several endpoints, coordinate processes, and streamline activities across technological, organizational, and geographical boundaries. EBS enables businesses establish and manage a flow of event-driven information across their enterprise, enabling the delivery of information to various recipients, or the ability to add or modify senders and receivers of data. The company licenses its products to companies operating in various industries worldwide, such as telecommunications, retail, healthcare, manufacturing, energy, transportation, logistics, financial services, government, and insurance. It sells its products through direct sales force, and through alliances with software vendors and systems integrators. TIBCO also offers consulting services, such as systems planning and design, installation, and systems integration, as well as software support and maintenance options, and global training programs. The company was founded in 1985 and is headquartered in Palo Alto, California.

PROSHARES ULTRASHORT S&P500 (SDS)

The investment seeks daily investment results, before fees and expenses, which correspond to the inverse of the daily performance of the S&P 500 index. The fund normally invests 80% of assets to financial instruments with economic characteristics that should be inverse to those of the index. It may employ leveraged investment techniques in seeking its investment objective. It is nondiversified.

COPART INC (CPRT)

Copart, Inc. provides salvage vehicle sale services in the United States. It offers vehicle suppliers, primarily insurance companies, with a range of services to process and sell salvage vehicles over the Internet through its virtual bidding Internet auction-style sales technology. The company's service offerings include online supplier access, salvage estimation services, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, vehicle processing programs, buyer network, sales process, and CoPartfinder. It sells principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters. The company also engages in public sales of used vehicles, where the vehicles are sold directly to the public and automobile dealers on behalf of banks, leasing or financing companies, automobile dealers, and repossession companies. Copart was founded by Willis J. Johnson in 1982 and is headquartered in Fairfield, California.

ORACLE CORPORATION (ORCL)

Oracle Corporation engages in the development, manufacture, marketing, distribution, and servicing of computer software that enables organizations manage their businesses worldwide. It offers database and middleware software, and applications software. Database software and middle ware software is used for developing and deploying applications on the Internet and on corporate Intranets, and includes database management software, application server software, development tools, data hubs, and collaboration software. Applications software is used to automate business processes and to provide business intelligence for financials, projects, marketing, sales, order management, procurement, supply chain, manufacturing, service, and human resources. The company also offers software license updates and product support, and other services, including consulting, advanced product services, and education. The company's consulting services provide the design, implementation, deployment, upgrade, and migration services for its database technology and applications software. Its advanced product services consist of Oracle On Demand and advanced product support services. Its Oracle On Demand offers various services, including hosting, monitoring, administration, up gradation, and maintenance of database, middleware, and applications software. Its advanced product support services assist customers in configuration and performance analysis, personalized support, and annual on-site technical services. In addition, the company provides training to customers and partners. In the United States, the company markets its products and services primarily through its own direct sales and service organization, and internationally through the companies that are members of the Oracle Partner Network. The company was founded by Lawrence J. Ellison in 1977 and is headquartered in Redwood City, California.

ADOBE SYSTEMS INCORPORATED (ADBE)

Adobe Systems Incorporated offers a line of software and services for public and private sectors worldwide. It operates through four segments: Creative Professional, Digital Imaging and Video, Intelligent Documents, and OEM PostScript and Other. The Creative Professional segment provides software tools for professional publishing, Web design, business document publishing, and printing information. Its tools are also used to create printed and online information, including newspapers, magazines, Web sites, catalogs, advertisements, brochures, product documentation, technical manuals, books, memos, reports, and banners. The Digital Imaging and Video segment offers solutions to create and enhance digital images and photographs, digital video, audio, and animations. The Intelligent Documents segment provides desktop and server-based software, which creates documents that can be viewed, interacted with, and integrated into existing business processes. The OEM PostScript and Other segment offers production printing technology for graphics professionals and professional publishers; and also licenses its technology to original equipment manufacturers (OEMs) that manufacture printers and other output devices. The company also provides professional services, technical support, and customer services. In addition, it owns limited partnership interests in venture capital limited partnerships that invest in early stage companies. The company's customers include graphic designers, Web designers, videographers, photographers, and professional publishers; enterprise users, such as knowledge workers, information technology managers, business managers, and executives; and digital imaging and digital video hobbyists. It offers its products through distributors and dealers, value-added resellers, systems integrators, independent software vendors, and OEMs, as well as through its Web site. Adobe Systems Incorporated was founded in 1982 and is headquartered in San Jose, California.

MICROSOFT CORPORATION (MSFT)

Microsoft Corporation provides software products for computing devices worldwide. Its Client segment engages in technical architecture, engineering, and product delivery of Windows product family comprising Windows Vista; Windows XP Professional and Home; Media Center Edition; Tablet PC Edition; and other Windows operating systems. The Server and Tools segment offers integrated server infrastructure and middleware software that support software applications and tools built on the Windows Server operating system. Its products include Windows Server operating system; Microsoft SQL Server; Microsoft Enterprise Services; product support services; Visual Studio; System Center products; Forefront Security products; Biz Talk Server; MSDN; and TechNet. The Online Services Business segment offers personal communications services, such as email and instant messaging, and online information through MSN Search; MapPoint; MSN Internet Access; MSN Premium Web Services; Windows Live; and MSN Mobile Services. The Microsoft Business Division offers Microsoft office product set comprising enterprise content management, collaboration, unified communications, and business intelligence products; and Microsoft Dynamics products that offer business solutions for financial management, customer relationship management, supply chain management, and analytics applications. The Entertainment and Devices Division develops, produces, and markets the Xbox video game system, such as consoles and accessories, third-party games, games published under the Microsoft brand, and Xbox Live operations. It also offers Zune digital music and entertainment device; PC software games; online games; Mediaroom, an Internet protocol television software; and other devices. Further, Microsoft offers online advertising and publishing solutions. It has an alliance with Siemens VDO Automotive AG; and strategic relationship with LogicaCMG plc. Microsoft was founded in 1975 and is headquartered in Redmond, Washington.

CA INC (CA)

Computer Associates International, Inc. (CAI) engages in the design, development, marketing, licensing, and support of software products worldwide. The company's products include Unicenter, eTrust, BrightStor, AllFusion, Advantage, and CleverPath. Unicenter products, used for infrastructure management, identify and resolve problems within a customer's information technology (IT) infrastructure. These products also automate software installation, tracking computing assets, and managing customers' databases. These products serve operations, service, and resource management areas. eTrust products, used for security management, protect information assets and resources; provide appropriate system and information access to employees, customers, and partners; and manage security-related administration. BrightStor products, used for storage management, enable companies to centrally manage enterprise storage data. AllFusion products, for application life cycle management, automate the life cycles of systems and applications. These products integrate with existing environments and infrastructures, and provide management of the software development process for any platform. Advantage products, for data management and application development, enable customers store and manage large amounts of data; and automate and standardize processes for building and maintaining company information. CleverPath solutions, for portal and business intelligence, enable businesses to centralize information access; refine, analyze, and sort data; create and distribute informative reports; and develop executive dashboards. CAI also provides professional services, such as consulting and education. The company distributes its products through its sales force; and a network of independent, value-added resellers, original equipment manufacturers, distributors, and dealers. CAI was founded by Charles B. Wang and was incorporated in 1974. The company is headquartered in Islandia, New York.