picked some DBCC on good news with PHONE.COM (PHCM). DBCC has been beaten down quite a bit in the last several trading sessions - some mms obviously knew about this in advance and were driving the price down to obtain cheap shares. The float is relatively large, but at this price level it's not a real concern.
(BSNS WIRE) Data Broadcasting and Phone.com Join Forces to Deliver Marke
Data Broadcasting and Phone.com Join Forces to Deliver Market Quotes to
Internet-Enabled Wireless Phones
Business/High-Tech Editors
HAYWARD, Calif.--(BUSINESS WIRE)--Nov. 22, 1999--
Data Broadcasting's eSignal and Phone.com's MyPhone Service
Allow Mobile Users Access to Financial Data
Data Broadcasting Corp. (Nasdaq:DBCC), America's leading provider
of real-time financial market data to traders and individual
investors, and Phone.com, Inc. (Nasdaq:PHCM), a leading provider of
software and services for the delivery of Internet-based content to
mass-market wireless phones, today announced that Data Broadcasting
Corp. (DBC) will supply eSignal's(TM) market quotes to the
Phone.com(TM) MyPhone(TM) Service, a platform that enables wireless
network operators to create branded portal sites.
The integration of eSignal's financial information into the
MyPhone platform allows mobile phone users to receive instant
financial market data and market quotes -- all from the screen on
their phone.
MyPhone is a mobile portal platform enabling network operators to
rapidly enter the Internet economy by offering their own branded
portal sites for wireless subscribers. The MyPhone service includes a
robust set of mobility-centric information services and applications
for both PCs and microbrowser-capable wireless phones. MyPhone
provides the carrier with a framework for aggregation, presentation,
personalization, and delivery of Internet-based content and
wireless-network integrated applications.
"The addition of DBC's content to the MyPhone service creates
considerable subscriber value," said Ben Linder, vice president of
marketing for Phone.com. "Stock quotes and financial information are
very popular applications and the ability to access information from
the phone gives individual investors more control over their
investments."
"We're excited to provide eSignal's market-leading quotes to
Phone.com," said Mark Imperiale, president of DBC. "As more and more
individuals take increased control of their investing, it's essential
that they also have access to timely, accurate market data --
anywhere, anytime on any device."
DBC's experience in establishing and managing direct connections
to the exchanges can be seen in the speed and reliability of the
financial information and market quotes it provides to customers. Over
the years, this information has been provided through a number of
technologies from FM and satellite to high-speed Internet. This
experience is expected to make DBC a valuable partner in helping
Phone.com strengthen its service by providing the reliable financial
content it needs to satisfy customers' demands for current information
and complete services.
MyPhone, a service from Phone.com is a complementary offering to
Phone.com's WAP-compatible UP.Link(TM) Server Suite that reinforces
Phone.com's strategy to lead the convergence of mobile telephony and
the Internet. MyPhone is expected to accelerate consumer adoption of
WAP-based services by enabling network operators to rapidly rollout
compelling new information services and applications.
MyPhone is a hosted solution for network operators that
emphasizes the operators' brands to enable them to strengthen customer
loyalty through their own Internet presence. Portals deployed by
network operators under their own brands will be co-branded as
"Powered by Phone.com(TM)".
About Data Broadcasting
Data Broadcasting is the leading provider of real-time market
data to the individual trader and investor. The company delivers
real-time stock quotes, financial information and news to the PCs,
laptops and hand-held devices of millions of users via the Internet,
dedicated lines, FM, cable and satellite.
With the BondEdge service from its Capital Management Sciences
division, Data Broadcasting also is the leading provider of fixed
income portfolio analytics used for valuation and risk management
purposes. Data Broadcasting's infrastructure and applications have
been extensively tested to ensure Y2K compliance.
Data Broadcasting's Internet presence includes
dbc.com, esignal.com,
cbs.marketwatch.com, insite.dbc.com,
bondedge.com, sports.dbc.com and
dbceuro.com.
Matters discussed in this release include forward-looking
statements that involve risks and uncertainties, and actual results
may be materially different. Factors that could cause actual results
to differ include the response of competitors to Data Broadcasting's
new services, acceptance of the Internet as a valid real-time
distribution platform by institutional customers, activity levels in
the securities markets and other risk factors listed in Data
Broadcasting's 10-K and 10-Q reports to the Securities and Exchange
Commission.
About Phone.com
Phone.com (Nasdaq:PHCM) is a leading provider of software
and services that enable the delivery of Internet-based services to
mass-market wireless telephones. Using its software, wireless
subscribers have access to Internet- and corporate intranet-based
services, including e-mail, news, stocks, weather, travel and sports.
In addition, subscribers have access via their wireless telephones to
network operators' intranet-based telephony services, which may
include over-the-air activation, call management, billing history
information, pricing plan subscription and voice message management.
Phone.com has headquarters in Silicon Valley, Calif. and has regional
offices in London, Belfast and Tokyo. Visit phone.com for
more information.
Except for the historical information contained herein, the
matters discussed in this news release are forward-looking statements
involving risks and uncertainties that could cause actual results to
differ materially from those in such forward-looking statements.
Potential risks and uncertainties include, but are not limited to,
Phone.com's limited operating history, potential fluctuations in
Phone.com's operating results, uncertainties related to the
Phone.com's long sales cycle and reliance on a small number of
customers, Phone.com's dependence on the acceptance of its products by
network operators and wireless subscribers, Phone.com's ability to
adequately address the rapidly-evolving market for delivery of
Internet-based services through wireless telephones, the need to
achieve widespread integration of Phone.com's browser in wireless
telephones, competition from companies with substantially greater
financial, technical, marketing and distribution resources and the
ability of Phone.com to manage a complex set of engineering, marketing
and distribution relationships. Further information regarding these
and other risks is included in Phone.com's Form 10-K dated Sept. 24,
1999, and in its other filings with the Securities and Exchange
Commission.
The Phone.com name and logo, MyPhone and the family of terms
carrying the "UP." prefix are trademarks of Phone.com, Inc. All Rights
Reserved. All other company, brand and product names may be marks that
are the sole property of their respective owners.
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