Chase Global Markets Signs Agreement With Datalink.net for Wireless
Distribution of Market Data to Chase Trading Professionals
Tuesday July 11, 7:18 am Eastern Time
SAN JOSE, Calif. & NEW YORK--(BUSINESS WIRE)--July 11, 2000--The Global Markets Division of The Chase
Manhattan Bank (NYSE:CMB - news) today announced an agreement with Datalink.net (AMEX:DLK - news), a leading Wireless Application Service Provider
(w-ASP), to provide wireless distribution of market data to its Global Markets trading professionals. With the agreement, Chase Global Markets is the first customer
for Global Market Pro(TM), a wireless application designed for traders and financial professionals in the global capital, derivative and foreign exchange markets.
Datalink.net developed Global Market Pro in cooperation with The Chase Manhattan Bank's Global Markets Data Division. The application meets the specifications
of Chase Global Markets professionals for sophisticated data accessible from a variety of wireless platforms. In addition, Global Market Pro is capable of advanced
customization based on the unique preferences of each individual. Chase Global Markets trading professionals participated in the development process and took part
in the final beta test of the application.
``Traders work at an incredible pace, and they have a tremendous need for connectivity to the markets at all times,'' said John Ropas, senior vice president, Chase
Global Markets Technology. ``This great need led us to work closely with Datalink.net to develop a customized wireless application for our trading professionals. In
the future, Chase Global Markets expects to continue to build on this platform.''
``The Chase Manhattan Bank is a top tier global financial services company. As such, it recognized that it needed an advanced wireless solution to empower its
trading professionals to make informed decisions at a moment's notice,'' said Datalink.net chairman and CEO, Anthony N. LaPine. ``Through Chase Global Market's
input and enthusiasm, we have developed an application that is far more advanced than any other currently in the market. That Global Market Pro meets its stringent
guidelines attests to the fact that this is a wireless application that re-defines excellence in the financial services arena.''
Global Market Pro provides real-time financial data from leading news and information sources, including Reuters, Market News International and GovPX. This
product has been engineered for all device platforms including, RIM Inter@ctive 950, two-way pagers, WAP phones and the Palm VII. The application features a
portfolio customization Web site interface, allowing users to set event or time driven push alerts based on specific criteria or establish custom portfolios for real-time
on-demand data requests. Chase Global Markets plans to continue to work with Datalink.net to expand the product's features and capabilities.
About The Chase Manhattan Corp.
The Chase Manhattan Corp. (www.chase.com) is a premier global financial services firm with assets in excess of $390 billion. Chase combines the best of
commercial and investment banking, offers world-class information and transaction processing services, and has a leading U.S. consumer franchise that serves 30
million customers. Through its newly formed business unit Chase.com, Chase is successfully creating innovative business models for the New Economy. Chase, with
offices in more than 45 countries, has a presence in all of the principal financial centers around the world.
Datalink.net -- Where the Web Meets Wireless(TM)
Datalink.net is a leading wireless application service provider (w-ASP) that delivers end-to-end wireless data solutions to enterprises and custom data applications to
their customers. As today's premier provider of consumer wireless data, and the first to deliver real-time wireless financial information, Datalink.net pioneered the
development of wireless information technology. Today, Datalink.net enables a new generation of wireless devices that allow enterprises and consumers to
customize, respond and interact with critical data. Its XpressLink technology processes high-speed data content feeds or corporate databases for wireless
applications that are compatible with the entire range of wireless devices, networks and protocols.
Founded in 1993, Datalink.net is based in San Jose with research facilities in Vancouver, British Columbia. For more information: datalink.net.
This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Although the Company
believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can
give no assurance that such expectations and assumptions will prove to have been correct.
Contact:
Datalink.net, San Jose
Pamela LaPine, 408/367-1707
pamela@datalink.net
or
Chase
Lisa Selkin Lupo, 212/270-5246
lisa.selkinlupo@chase.com
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