FRTI SHOULD NOW MOVE: FreeRealTime.com Announces Record Traffic Levels for Most Recent Quarter... www.freerealtime.com Reaches Record 182 Million Page Views in December
Page Views and Registered Members Reach Record Levels
Ranks #2 in 'stickiness' in December, according to Nielsen//NetRatings
IRVINE, Calif., Feb. 11 /PRNewswire/ -- FreeRealTime.com. Inc.,
(OTC Bulletin Board: FRTI), a leading provider of online, real-time stock
market data and financial services, today announced dramatic increases in its
Web site traffic for the fiscal 3rd quarter ended December 31, 1999. During
the fiscal 3rd quarter, the company saw a 60% increase in traffic at its Web
site, freerealtime.com. Monthly page views increased from
114 million page views in September 1999 (the last month of the fiscal 2nd
quarter) to 182 million page views for the month of December 1999. The
overall member base continued to grow rapidly as well, averaging more than
2,000 new registrations per market day, and totaling almost 900,000 members at
December month end, an increase of over 130,000 new registrations for the
quarter.
"Our traffic results for the 3rd quarter were extremely strong, continuing
the rapid expansion of our business that began when we launched in February
1998," commented Brad Gunn, President, Co-CEO and Founder. "It is extremely
exciting to be on the verge of one million registered members as we approach
the site's second birthday. Our mission at FreeRealTime.com has always been
to empower independent and institutional investors, and to provide them with
valuable tools and content in order to make savvy investment decisions. Our
continued growth and success suggests that our members have come to rely on
the speed, reliability and value of our information."
In addition, Nielsen//NetRatings' December "Audience Measurement Report"
shows that the average visitor to FreeRealTime.com spent 2 hours and 9 minutes
(2:09:00) on the site over the course of the month, based on home-use tracking
(i.e. not including "in-the-office" tracking). This makes FreeRealTime.com the
2nd "stickiest" Web property of all sites on the Internet measured by the
service. By comparison, auction Web site eBay ranked #4 in the Report, at 1
hour 42 minutes (1:42:00) per month.
About FreeRealTime.com
FreeRealTime.com, Inc. is a digital financial media company providing an
array of real-time 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 FreeRealTime.com's web site at
freerealtime.com.
Certain matters discussed in this news release relating to the Company's
traffic, business expansion and subscriber growth, and site usage reflect
current information and involve certain risks and uncertainties, including,
without limitation, changes in product demand, changes in competition and
other economic conditions. These statements may or may not be indicative of
future demand. FreeRealTime.com undertakes no obligation to release publicly
the result of any revisions to these statements that may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
SOURCE FreeRealTime.com, Inc.
-0- 02/11/2000
/CONTACT: Jeffrey Goldberger of Stern & Co., 212-888-0044, for
FreeRealTime.com, Inc.; or Michael Neufeld of FreeRealTime.com, Inc., Chief
Financial Officer, 949-833-2959, ext. 120/
/Web site: freerealtime.com
(FRTI)
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