NEW YORK, Nov. 2 /PRNewswire/ -- Compellent Technologies Inc. (NYSE: CML) will replace Central Pacific Financial Corp. (NYSE: CPF), and Emergent BioSolutions Inc. (NYSE: EBS) will replace Independent Bank Corp. (Nasdaq: IBCP) in the S&P SmallCap 600 after the close of trading on Monday, November 9. Central Pacific Financial and Independent Bank have market capitalizations below $35 million ranking them 599th & 600th respectively in the index, whereas the minimum market capitalization necessary to be added to the S&P Small Cap 600 is currently $200 million.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com.

Compellent Technologies is a provider of enterprise-class network storage solutions. Headquartered in Eden Prairie, MN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Computer Storage & Peripherals Sub-Industry index.

Emergent BioSolutions Inc. is a biopharmaceutical company. Headquartered in Rockville, MD, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Biotechnology Sub-Industry index.

Following is a summary of the changes:

               S&P  SMALLCAP 600 INDEX  -  NOVEMBER 9, 2009
               --------------------------------------------
             COMPANY       GICS ECONOMIC        GICS
                            SECTOR               SUB-INDUSTRY
             -------       -------------        -------------
    ADDED    Compellent    Information          Computer
             Technologies   Technology           Storage &
                                                 Peripherals
             ------------  -------------        -------------
             Emergent      Health Care          Biotechnology
             BioSolutions
    -------  ------------  -------------        -------------
    DELETED  Central       Financials           Regional
             Pacific                             Banks
             Financial
             ------------  -------------        -------------
             Independent   Financials           Regional
              Bank                               Banks
             ------------  -------------        -------------

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SOURCE Standard & Poor's