International Rectifier Named to Clean Energy Index.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif. -- International Rectifier International Rectifier Corp. (NYSE: IRF) is a manufacturer of power semiconductors (MOSFET, IGBT, diodes and thyristors), located in El Segundo, California, USA. It has a market capitalization of 2.48 billion USD and is listed on the S&P Midcap 400. Corporation (IR) (NYSE NYSE See: New York Stock Exchange :IRF IRF Interferon Regulatory Factor IRF International Religious Freedom IRF Institut for Rationel Farmakoterapi (German) IRF Inherited Rights Filter (Novell) IRF Inherited Rights Filter ), a world leader in power management technology, today announced it has been named to the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on (R) Clean Edge(R) U.S. Index, a stock index of 47 publicly-traded companies who make it their business to advance clean-energy technologies. "We're proud to be recognized for our efforts in solving the global challenge to save energy. It's one of the company's founding principles and one that continues to chart our course as we continue to develop energy-efficient technologies capable of saving up to one-third of the global energy being consumed today," said Alex Lidow, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of International Rectifier. In addition to developing power management semiconductors making everyday products such as lighting and automobiles more energy efficient, International Rectifier pioneered the development of iMOTION(TM), an integrated motion control platform setting the stage for mass adoption of energy-saving motors throughout appliances. In speaking about the formation of the index, NASDAQ executive vice president John Jacobs said, "This index will bring much needed attention, focus and definition to a sector that is already playing a lead role in addressing the global energy crisis." In association with leading research and publishing firm Clean Edge, NASDAQ formed the clean energy index to track the performance of companies engaged in the manufacturing, development, distribution, and installation of emerging clean-energy technologies. The new index trades on the NASDAQ under the ticker symbols CLEN (price return basis) and CLNX (total return basis). In addition to CLEN and CLNX, International Rectifier is also among the companies included in the WilderHill Clean Energy Index and the Distributed Energy Stock Index. Trademark Notice iMOTION(TM) and IR(R) are trademarks of International Rectifier Corporation. Other trademarks referenced are the property of others. About International Rectifier International Rectifier, a world leader in power management technology, maintains operations in 20 countries throughout North America, Europe, Japan and Asia. The company's headquarters are located in El Segundo, California
El Segundo is a city in Los Angeles County, California on the Santa Monica Bay, incorporated on January 18, 1917. The population was 16,033 at the 2000 census. . Its digital, analog, and mixed-signal ICs; advanced circuit devices; integrated power systems; and components are relied upon by the world's leading makers of next-generation laptops, servers, energy-efficient appliances, automobiles, lighting, aircraft, satellites, and advanced defense systems. International Rectifier's stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the ticker symbol IRF. The company's website is located at www.irf.com. |
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