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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)
NEWZ 27.89-2.5%Nov 6 1:39 PM EST

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To: Ms. Baby Boomer who wrote (2167)8/11/1999 12:21:00 PM
From: Ms. Baby Boomer  Read Replies (1) of 2365
 
8/10/99 NEWSEDGE CORP (NEWZ, Quarterly Report (SEC form 10-Q)

biz.yahoo.com

-----------------------------------------------------------------------------------------------------------------

Wednesday August 11, 11:48 am Eastern Time

Company Press Release

NewsPage.com Names Michael H. Welles Vice
President, Product Development and Operations

Veteran Executive to Drive Personalization Features of Leading
Internet News Service for Business People

BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 11, 1999-- NewsPage.com, the leader in delivering personalized news and information to business people over the Internet, today announced the appointment of Michael H. Welles to the position of vice president, product development and operations. He will report to Ilene H. Lang, president and chief executive officer, NewsPage.com.

Welles brings extensive business, product, marketing and operations experience to NewsPage.com. Most recently, he served as vice president, news operations at NewsEdge Corporation, the parent company of NewsPage.com. He helped lead the integration process that created NewsEdge, formed from the combination of Desktop Data, Individual Inc. and ADP/ISS. Today, NewsEdge is the leading independent provider of global news and current awareness services.

''As NewsPage.com's user base and business grow, Michael's role is critical,'' said Ilene Lang, president and chief executive officer, NewsPage.com. ''His considerable skills across many business disciplines are indispensable as we continuously improve NewsPage, which already provides the most highly personalized news and business information service available on the Internet today.''

In his new position, Welles will be responsible for NewsPage.com's engineering, quality assurance, product management and operations functions, as well as interfacing with counterparts in these areas at NewsEdge Corporation.

Prior to his role at NewsEdge, Welles served as vice president, engineering at Individual Inc. Before joining Individual, he held several senior level management positions with Lotus Development Corporation. As general manager of Lotus' Next Generation products, he created the business that develops and sells OCX/ActiveX components electronically over the Internet. He also led the development of Improv, an award-winning multidimensional spreadsheet. In addition, Welles has held a variety of marketing and development positions at Symbolics, Data Architects and Data General.

Welles holds a BA degree from Harvard College and an MBA degree from the Tuck Business School at Dartmouth University. He is a member of the Board of Directors of Forrester Research.

About NewsPage.com

NewsPage.com is a free individualized Internet service that continuously adapts to provide business people with the best news, information and services to put them ahead in work and life.

Unlike other alternatives, NewsPage.com offers the Web's largest collection of business, financial, industry, trade and company-specific news and information uniquely personalized to deliver better targeted, better customized and more relevant news and information to the business professional. Visit the site and sign up for a free personalized news service at newspage.com. NewsPage.com is a wholly owned subsidiary of NewsEdge Corporation, (NASDAQ: NEWZ - news).

Contact:

NewsEdge Corporation
David Scott
781-229-3000
david.scott@newsedge.com
or
TheJelly Public Relations
Bob McWade
781-729-5350
bob@thejelly.com
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