Freerealtime.com Selected by Investor Online as Blue Chip Pick
IRVINE, Calif.--(BUSINESS WIRE)--May 10, 1999--Freerealtime.com. Inc., (OTC BB:FRTI - news), a leading branded content provider of online, real-time stock market quotes and on-line financial services, today announced that it has been named as a ''Blue-chip Pick'' in the May/June issue of Investor On-Line.
The web site, which provides free, real-time quotes, was rated 10 for value, 9 for ease and 7 for design. This selection precedes a recent selection as the ''PowerLunch 'Cool' Web Site of the Day.'' According to PowerLunch host Bill Griffeth's commentary, the freerealtime.com web site is a great example of how white-hot competition is good for consumers and that it wasn't too long ago that all of this real time information was only available to professionals or to wealthy individuals.
Freerealtime.com president and CEO Brad Gunn commented, ''Our registration servers were put to the test following the PowerLunch mention and we are pleased to welcome these new subscribers to our freerealtime.com web site and hope they will take advantage of the myriad of services offered.
''As most of you are aware, the Securities and Exchange Commission has announced that beginning July 1 through December 1999, all companies with publicly traded securities must become a fully reporting company in compliance with the Securities Exchange Act of 1934,'' commented Gunn.
''Consequently, we are currently in the process of preparing disclosure documents to meet the SEC's timetable and criteria for becoming a 'fully reporting' company, including audited financial statements. We are working with our legal counsel and our auditors as we endeavor to complete this process as quickly as possible.''
About Freerealtime.com
Freerealtime.com, Inc. is a specialized investment information services and media firm providing an array of stock market data, business information and sophisticated research, analysis and management tools for analysts, institutional investors, brokers, individual investors and respected resellers.
Freerealtime.com was ranked 15th in a March 1999 survey conducted by 100Hot.com of the top 100 financial web sites, edging out Silicon Investor, CBS Market Watch, Big Charts, theStreet.com, CNBC, Market Guide, Dow Jones, Fidelity Investments, and Barrons. Visit Freerealtime.com's web site at www.freerealtime.com.
Contact:
Investor Relation Resources Marty Tullio or George Logan, 949/622-0320 Marty@InvestorRR.com
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