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Morningstar Named New Provider of Financial Data, Research Tools, and SEC Filings to the NASDAQ OMX Listing Qualifications Group

Posted on: Wednesday, 20 May 2009, 10:06 CDT

CHICAGO, May 20 /PRNewswire-FirstCall/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has been selected as the new provider of data, research tools, and Securities and Exchange (SEC) filings to the NASDAQ OMX(R) Listing Qualifications group. NASDAQ OMX's team of listing qualifications analysts is charged with promoting the integrity and reputation of The NASDAQ Stock Market(R) by reviewing all companies for compliance with the initial and continued listing requirements. Morningstar will be providing NASDAQ OMX with company financials, valuation ratios, and SEC filings for every U.S. market-traded security.

"We're pleased to be selected as the data provider for NASDAQ OMX Listing Qualifications, a group responsible for compliance oversight of the largest U.S. electronic stock market," said Liz Kirscher, president of data services for Morningstar. "We have been building our equity coverage for more than a decade and with the recent acquisition of 10-K Wizard, a leading provider of SEC filings and alert services, we have a robust equity research and monitoring solution to help the Listing Qualifications analysts oversee the more than 2,900 companies listed on the exchange."

"Morningstar has the comprehensive and timely financial data and filings we need to help us monitor and evaluate the companies listed and seeking to trade on our exchange," said Michael Emen, senior vice president of NASDAQ OMX's Listing Qualifications Department.

About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 300,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. The company has operations in 19 countries and minority ownership positions in companies based in three other countries.

About NASDAQ OMX

The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,800 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius.

(C)2009 Morningstar Inc. All rights reserved.

Media Contact: Alexa Auerbach 312-696-6481, alexa.auerbach@morningstar.com

SOURCE Morningstar, Inc.

Source: PR Newswire

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