FRTI looking at it again, under $5.
IRVINE, Calif.--(BUSINESS WIRE)--November 5, 1999-- FreeRealTime.com, Inc., (OTCBB:FRTI - news), a digital
financial media company, and a leading provider of on-line, real-time stock market quotes and on-line financial services,
announced today an update on its pursuit of becoming a ''fully reporting'' public company with the SEC. As previously
announced, to meet the SEC requirements, the Company filed by the end of September 1999 its Form 10-SB with the
Securities and Exchange Commission (SEC) in preparation of becoming a fully reporting public company trading on the OTC
Bulletin Board (OTC-BB). The Company is awaiting comments from the SEC and still expects to be declared effective on or
prior to December 1, 1999. While the Company believes it has complied with the SEC guidelines, any delays in the review
process could hinder the Company's ability to be declared a fully reporting company by the SEC by December 1, 1999.
In a related matter, the NASD has included the Company on a listing of OTC-BB companies for whom an ''E'' will be
appended to these companies' ticker symbols on November 5, 1999. This ''E'' merely indicates that these companies are 30
days or less away from their December 1, 1999 deadline for being declared effective as a fully reporting company by the SEC.
If the NASD receives notification that the Company has achieved fully reporting status, the ''E'' will be removed. As stated
above, the Company believes it has complied with the requirements to become a fully reporting company and will work
diligently to respond to the SEC's comments, if any, when they are provided to the Company. While the Company has an ''E''
appended to its symbol, market makers may continue to quote the security.
''We would like to assure our shareholders that we believe we have met the various guidelines as provided by the SEC. We
are currently waiting for comments from the SEC which, if there are any, must be addressed prior to our 10-SB being declared
effective,'' commented FreeRealTime.com President and CEO Brad Gunn. ''We and our counsel, Latham and Watkins, are in
communication with the SEC and we currently expect to meet the December 1, 1999 deadline.''
About FreeRealTime.com
FreeRealTime.com, Inc. is a digital financial media company providing an array of stock market data, business information, and
sophisticated research, analysis, and management tools for institutional investors, brokers, independent investors and respected
resellers. CNBC's Power Lunch selected FreeRealTime.com as its 'Cool Web Site of the Day' on April 27, 1999.
FreeRealTime.com was also featured in Online Investor's May/June 1999 issue, as a ''Blue Chip Pick'' for market data. Visit
our FreeRealTime.com web site at www.freerealtime.com.
Contact:
Investor Relation Resources
Marty Tullio, 949/566-9860
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