FNTN. One for the list. Impact date 6 weeks.
.Financial Intranet Links With Stockpoint
MOUNT KISCO, N.Y.--(BUSINESS WIRE)--Feb. 29, 1999--Financial Intranet, Inc. (OTCBB: FNTN - news) today announced that it has entered into a long term contract with Stockpoint, Inc. for Stockpoint to provide financial application technology and development services for FNTN's new web site. The site, which is projected to be fully functional within the next six weeks, will host and serve streaming media programming featuring public company & mutual fund executives, as well as on line investment tools and market information. The site will also be the portal into FNTN's secure business-to-business Intranet for investment professionals.
Stockpoint© is a leading business-to-business provider of global online investment tools and market information. The company excels in seamlessly integrating customizable, sophisticated financial content and applications into client web sites. In doing so, Stockpoint allows organizations such as brokerages, commercial and investment banks, mutual funds, 401K providers, portals and media companies to outsource responsibility for essential Web site capabilities, while enjoying industry-leading functionality.
Maura Marx, Executive Vice President of Financial Intranet, acknowledged the confidence the company has in its new provider, saying ``Stockpoint is one of the leading providers of financial web applications today. They excel at delivering custom solutions to some of the Internet's top investment and brokerage sites, and we are very excited to have signed this contract.'
About Financial Intranet
Financial Intranet, having met the requirements of the OTC Bulletin Board Eligibility Rule, is currently a fully reporting SEC company and is quoted on the OTCBB under the symbol FNTN. It has established a proprietary, secured, on-demand data and video information network that links the brokerage and mutual fund industries together and connects both to the individual investor at the Company's web site, fntn.com. The Company also derives revenue from similar communication networks linking individual businesses with their remote location affiliates, in addition to the resale of communications services to the financial and business communities.
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Contact:
Financial Intranet, Inc.
Corey Rinker
Chief Financial Officer & Corporate Counsel
914/242-4848
crinker@fntn.com |
