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B: COMTEX Adds New Distribution Channels; Demand for Real-Time News Reaches New Heights - Now Over 400 Companies Worldwide Receive COMTEX' News
ALEXANDRIA, Va., Feb 2, 2000 (BUSINESS WIRE) -- COMTEX News Network (OTC BB:CMTX) announced today it has signed a number of new agreements in recent months, expanding its reach of real-time news products to over 400 global companies.
The addition of these companies to COMTEX' distribution channels highlights COMTEX' presence in new markets and its reach to multiple audiences with varying interests.
End-users will be able to read the day's top news from COMTEX while enjoying regular features these Web sites and services offer:
Azurix Waterdesk Corporation (http://www.waterdesk.com) BancInternetGroup, LLC BioMedical Research Laboratories, Inc. (http://www.myhealth123.com) CitiNetwork.com LLC ClockWise Technologies Ltd. CompuServe Interactive Services, Inc. (http://www.compuserve.com) Cosmoz.com (http://www.cosmoz.com) Datacode, Inc. Dong Woo Co. LTD (http://www.usinfo.co.kr) G2 Group Corporation (http://www.psazz.com) internet.com and wsrn.com National Collegiate Athletic Association (NCAA) (http://www.ncaa.org) newshunter.net Prophet Financial Systems, Inc. (http://www.prophetfinance.com) RediNews, Inc. reesegroup.com SalesLogix Corporation (http://www.interactive.com) stocklock.com Teltech Resource Network Corporation traderbot.com tradetrek.com Visual Data Corporation (http://www.thefirstnews.com)
Each of these companies will receive a customized selection of COMTEX' subject-specific news feeds, publisher full-feeds or headline news hand-picked by COMTEX' team of editors. Crafting each contract so COMTEX' customers receive only the news of interest to them is a standard COMTEX feature that has made it the news aggregator of choice for hundreds of companies large and small.
"Joining with these companies to send COMTEX' news to business and sports enthusiasts alike shows how we're diversifying and growing our customer base while maintaining COMTEX' sound business model," said Charles Terry, COMTEX News Network President and CEO. "Our business model works because we give our customers a competitive advantage with the news they need when they need it to better serve their end-users."
About COMTEX News Network
COMTEX News Network, Inc. (OTC BB: CMTX) is a dynamic business-to-business infomediary that aggregates and redistributes diverse real-time global news and information for Internet, Wall Street and corporate markets.
Each day, COMTEX can electronically sort up to 100,000 stories from over 500 global sources, selected from services such as The Associated Press, Phillips, Business Wire, The Sports Network and South American Business Information, to create its subject-specific CustomWires(R), headline and vertical-market news products for distribution to over 400 companies throughout the world.
Located in Alexandria, VA, COMTEX can be found on the World Wide Web at comtexnews.net.
Note: All product and company names may be trademarks or registered trademarks of their respective holders.
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that COMTEX is in a highly competitive industry subject to rapid technological, product and price changes.
Other factors include the possibility that demand for the company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological and other risks, costs and delays associated with the start-up and operation of major capital projects, changing governmental regulations and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission.
COMTEX undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX. -0- CONTACT: COMTEX News Network, Alexandria Press Amy Gutowski, Public Relations, 703/820-2000 Email: agutowski@comtexnews.com or Shandwick Financial Community Gregory Pettit/Jennifer Hendrickson, Investor Relations 212/686-6666 Email: jhendrickson@shandwick.com
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