CHICAGO, Feb. 9, 2011— Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, and the New York Society of Security Analysts (NYSSA) will hold their second annual healthcare conference in New York City on Feb. 24, 2011. Morningstar equity analysts and healthcare industry executives will discuss their 2011 outlook for the healthcare sector, the MandA landscape, and implications of U.S. healthcare reform.

“While 2010 was a challenging year for healthcare, we believe 2011 should see a recovery in both the underlying demand as well as valuations across the sector. Long-term demographic trends remain favorable, and emerging markets should provide a strong growth pathway that offsets somewhat-maturing demand in the United States and Western Europe,” said Alex Morozov, CFA, director of equity research for Morningstar. “Our second annual healthcare conference is an opportunity to bring institutional investors and healthcare industry leaders together to debate company and industry fundamentals in 2011, as the economy recovers and the industry adapts to changes from healthcare reform.”

Healthcare executives who will present at the conference include:
• Edward Seage, director of investor relations, AstraZeneca (AZN)
• Teri Loxam, director of investor relations, Bristol-Myers (BMY)
• John Watson, corporate senior vice president, president of strategic partnering, and chief commercial officer and Paul Surdez, vice president of investor relations, Covance (CVD)
• Coleman N. Lannum, CFA, vice president, Covidien (COV)

For more information, please visit: http://www.nyssa.org/healthcare. In addition to attending the sessions, institutional investors can also request to meet one-on-one with the presenters.

Attendee Registration Information
To register, please visit: http://www.nyssa.org/healthcare. Attendees can obtain one hour of continuing education (CE) credits as granted by the Certified Financial Planner Board of Standards, Inc.

Complimentary Registration for Journalists
Members of the news media may receive complimentary registration to the Morningstar/NYSSA Healthcare Conference by contacting Nadine Youssef, Morningstar corporate communications, at 312-696-6601 or nadine.youssef@morningstar.com.

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 approximately 370,000 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 26 countries.

This press release is not intended to be an offer or solicitation to buy or sell the above-mentioned securities. Under Morningstar’s editorial policies, equity analysts are prohibited from holding positions in the companies they cover.

About NYSSA
The New York Society of Security Analysts (NYSSA) is a leading forum for the investment community. NYSSA’s mission is to promote best practices and the highest professional and ethical standards in the industry. With over 10,000 members, NYSSA is the largest of the more than 135 societies worldwide that make up CFA Institute, which has more than 100,000 members.

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©2011 Morningstar, Inc. All rights reserved.

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