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CoStar's NASDAQ goal.

CoStar Group, Inc. announced that it has been added to the NASDAQ Financial-100 Index effective at the beginning of trading on July 1.

The NASDAQ Financial-100 Index includes 100 of the largest domestic and international financial companies listed on the NASDAQ Stock Market based on market capitalization.

The Index contains financial institutions and related holding companies, insurance companies, real estate companies, broker dealers, investment companies and financial services.

CoStar has produced strong revenue and earnings growth since its IPO in 1998. In its most recent reported public financials, the company had more than $100 million in annualized revenues and its market capitalization has currently grown to more than $800 million.

"'We are pleased to be included in this prestigious Index," stated CoStar Group president and CEO Andrew C. Florance.

"It is very gratifying to have such prominent recognition of our strong financial achievement."
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Title Annotation:Update
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 7, 2004
Words:143
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