Star Data and Classwave Wireless form alliance to provide real-time
market information to the financial community
TORONTO, April 13 /CNW/ - Star Data Systems Inc. (STY/TSE) and Classwave
Wireless Inc. today announced that they have established a strategic alliance
that leverages Star Data's StarQuote PRO(TM) real-time stock quotation and
news services by linking market information with wireless communications
providers.
"We are extremely pleased with this agreement. This alliance will enable
Star Data's customers to achieve freedom of movement by utilizing their
wireless handsets to alert them to market indictors that have been
predetermined through StarQuote PRO(TM)," says Paul R. Pryde, senior vice
president, general manager information services, Star Data Systems Inc.
"Wireless communications and the Internet continue to play a more
significant role in the advisor/investor relationship. This agreement with
Classwave will ensure that the collaborative relationship between Star Data's
broker/advisor customers and the over 2.5 million investor clients they serve
remains intact in today's mobile business environment."
To meet the demands of the financial industry, real-time market
information must be available on a continuous basis.
"Through Classwave's wireless server platform technology, Star Data will
be able to offer its clients real-time stock quotes, anytime, anywhere," says
Tom Sweeney, president and CEO, Classwave Wireless Inc.
"This strategic alliance will not only leverage Star Data's position as a
wireless information provider today, it prepares the company for the future of
wireless data delivery."
About Classwave Wireless
------------------------
Classwave Wireless Inc. is a Canadian company with a global strategy to
transform the way wireless data is delivered to and from mobile devices such
as digital cellular phones and Personal Digital Assistants. The company has
operations based in Toronto with plans to aggressively expand its operations
into the U.S. and Europe. For more information, please visit
www.classwave.com.
About Star Data
---------------
Star Data provides real-time information services and wealth management
services and solutions to the Canadian financial services industry. Star Data
is based in Toronto, with offices in Vancouver, Calgary, Winnipeg, London,
Markham, Montreal, Halifax and London, UK. The company employs more than 400
people and is listed on the Toronto Stock Exchange under the symbol STY. For
more information on the company's products, services and investor relation's
activities, visit www.stardata.com.
StarQuote, StarQuote PRO, e-settlement, Star Data and the Star Data logo
are trademarks of Star Data Systems Inc. Unauthorized use of Star Data's
trademarks is strictly prohibited.
/For further information: contact: Julie Rusciolelli or Sheila
Wisniewski, Maverick Public Relations Inc., (416) 640-5525; Paul Pryde, Star
Data Systems Inc., (416) 363-7827 ppryde(at)stardata.ca; Tamara Malone, Star
Data Systems Inc., (905) 479-7827, tmalone(at)stardata.ca/
(STY.) |
