National Discount Brokers First Client for HyperFeed's Neosphere E-Business Solution
============================================================
CHICAGO, May 16 /PRNewswire/ -- HyperFeed Technologies, Inc.
(NASDAQ:HYPR), the premiere source for financial market data and
data-delivery solutions, today announced that it will provide its Neosphere
e-business solution to National Discount Brokers Corporation/ndb.com, a
leading Internet brokerage and financial services company. A subsidiary of
National Discount Brokers Group, Inc. (NYSE:NDB), NDB/ndb.com will use
Neosphere, HyperFeed's complete front-end software and back-end administration
solution to provide its own private-labeled market data display and analysis
software via the Internet.
"NDB is an industry leader already able to provide clients with superior
execution and trading services," said Jim R. Porter, HyperFeed Technologies
Chairman and CEO. "NDB can now enhance its internet offering with its own
private display application powered by our robust HyperFeed 2000 real-time
market data. Neosphere's administrative component provides NDB with automated
administrative processing and exchange authorization and reporting. And its
modular design allows for ultimate flexibility and integration with NDB's
existing services. We look forward to the success of their new Internet
offering."
Neosphere seamlessly integrates HyperFeed 2000 financial market data, a
private-label version of Apogee (HyperFeed's new proprietary trading
application), customizable online client sign-up pages and HyperFeed's Account
Administration System (AAS) which performs all administrative functions
including billing, reporting, service authorization and exchange-required VARS
reporting. Ideally suited for broker-dealers, websites and Internet portals,
Neosphere's all-encompassing system automates the customer application,
authorization, data delivery and control, billing and reporting process
significantly lowering the barriers to Internet market data redistribution.
For more information, please call 888- 260-HYPR (Chicago) or
888-340-HYPR (New York).
About HyperFeed Technologies, Inc.
HyperFeed Technologies is the premier financial market source for to days
wired world and the leading innovator of market data solutions for
professional and individual investors.
No other pipeline for financial market data can match the speed, accuracy,
and capacity provided by HyperFeed 2000, North America's premiere equity and
options datafeed, delivering over 600,000 stock, option, and commodity issues
via satellite and circuit. One of the first market data vendors to utilize
the broadcast technology known as IP Multicast, HyperFeed Technologies is
driving the demand for higher standards in data delivery, as it is one of the
only datafeeds able to consistently deliver full options chains in true real-
time. Due to its proprietary compression technologies, HyperFeed has the
capacity to disseminate ever-increasing volumes of market data without
compromising the integrity of the data.
In addition, HyperFeed provides a variety of display application and e-
business solutions to businesses serving the financial community. Neosphere
is a comprehensive financial e-business solution designed to facilitate the
offering of customized market data software applications and trading systems
online. Professional and individual investors use Apogee, the firm's
proprietary Microsoft Windows-based software application to view, analyze and
manipulate HyperFeed 2000 financial market data. In addition, the firm also
offers Microsoft Windows NT, UNIX and LINUX software development tools for
easy integration of HyperFeed 2000 data into a variety of web-based and
software applications.
HyperFeed's subsidiary PCQuote.com is a provider of high performance,
real-time financial data, timely business news, comprehensive research and
analytical tools to online investors. The company's services provide access
to sophisticated and dynamic financial information that allows users to make
informed investment decisions. Professional and individual investors use the
firm's software applications to view, analyze, and manipulate HyperFeed 2000
market data.
For more information, please visit HyperFeed's Web site at
www.hyperfeed.com .
About National Discount Brokers Group, Inc.
Headquartered in Jersey City, New Jersey, National Discount Brokers Group,
Inc., an S&P Small Cap 600 Index company, is the parent company of two
financial services entities: National Discount Brokers Corporation/ndb.com
and NDB Capital Markets Corporation, formerly Sherwood Securities Corp.
National Discount Brokers, which was recently ranked #1 in the Barron's Best
of Online Brokers survey, at February 29, 2000, had 207,900 customer accounts,
with assets of $12.2 billion. NDB Capital Markets main operations are as a
market maker in approximately 4,300 Nasdaq and other OTC securities as of
February 29, 2000. Collectively, the Company and its subsidiaries have
offices in Jersey City, New York, Los Angeles, Chicago, San Francisco, Denver
and Boston. Customers can access National Discount Brokers Corporation/ndb.com
at ndb.com, via the PowerBroker automated touch-tone telephone
system 800-631-8884 or by calling 800-4-1-PRICE.
Contact: Jim R. Porter, Chairman and CEO, 312-913-2800 or Lorelei M.
Lenzen, Vice President, Marketing, 312-913-3517, both of HyperFeed
Technologies.
SOURCE HyperFeed Technologies, Inc.
-0- 05/16/2000
/CONTACT: Jim R. Porter, Chairman and CEO, 312-913-2800 or Lorelei M.
Lenzen, Vice President, Marketing, 312-913-3517, both of HyperFeed
Technologies/
/Web site: ndb.com /
/Web site: hyperfeed.com / |
