Datalink.net Introduces Sophisticated Wireless Data Solution for Financial Professionals
Tuesday July 11, 7:19 am Eastern Time
Chase Global Markets Deploys Global Market Pro to Traders
SAN JOSE, Calif.--(BUSINESS WIRE)--July 11, 2000--Datalink.net (AMEX:DLK - news), a leading Wireless Application Service Provider (w-ASP), today
introduced Global Market Pro, a wireless data application developed with the cooperation of The Chase Manhattan Bank (NYSE:CMB - news). Global Market
Pro, with patents pending, is the first professional level wireless product to provide real-time financial data that is fully customizable to the unique preferences of each
individual financial professional. This significantly enhances their ability to stay abreast of dynamic global market conditions from any location.
Global Market Pro is an advanced multi-platform application, designed for market professionals and traders who deal in high-level financial transactions, and require
real-time information on more than just their desktops. Chase Global Markets is the first customer to take advantage of Global Market Pro. Datalink.net will now
begin to market the product to other financial institutions.
``Today's world is truly global and access to timely financial information from international markets is critical,'' said Anthony N. LaPine, chairman and CEO of
Datalink.net. ``Global Market Pro enables financial traders to duplicate their desktop information on a wireless device allowing them to monitor market activity while
away from their desk.''
Chase Global Markets played a key role in the development of Global Market Pro. The same financial data and news feeds used by the bank's traders were
incorporated into the application with customization capabilities designed to meet a global trader's unique needs.
``Wireless applications are innovating the financial services industry. We recognized early on that our trading professionals needed the latest tools to retain their
competitive edge in the marketplace,'' said John Ropas, Senior Vice President, Chase Global Markets Technology. ``Datalink.net, in cooperation with Chase Global
Markets, has developed an end-to-end solution that meets our requirements, and keeps Chase trading professionals ahead of the curve.''
Global Market Pro has been skillfully designed to be fully operational on a variety of wireless devices and is available in three packages: the one-way package,
encompassing market event-driven alerts, Intraday portfolios, as well as Broadcast Bullet Points and financial data; the two-way basic package, which allows users
to pull information and news on-demand; and, the two-way advanced package, which encompasses all of the one-way capabilities plus on-demand services.
The one-way package supports any wireless device capable of receiving text messages. Wireless devices supported for phase one of the Global Market Pro
two-way package include the RIM Inter@ctive 950, WAP phones, and Palm VII devices.
This revolutionary product provides data from premium and trusted news and data sources giving the financial professional critical information when and where they
need it. As a recognized leader in the wireless data delivery arena, Datalink.net has established partnerships with the financial industry's leading data sources including
Reuters, Market News International, and GovPX Treasuries. Additional data providers will be added in phase two of the Global Market Pro evolution.
Financial professionals will gain a competitive edge by using this product to fully customize their data delivery while they are away from their desks. Global Market
Pro delivers customized commodities, currencies, equities, GovPX treasury data, indexes, money market rates and global treasuries directly to the users' device of
choice.
Through Datalink.net's strategic partnership with Market News International, wireless users can receive Foreign Exchange Bullet Points and Treasury Bullet Points.
This is the first time that Market News International has provided this information to their customers via a wireless device.
Unlike other financial enterprise applications, Global Market Pro is capable of advanced customization, enabling market driven alerts pertaining to the specific
financial instruments that users follow. Users customize and maintain their market portfolios through a Web interface created by Datalink.net.
Portfolio customization is possible through an array of filter options offered with Global Market Pro. Product users can set their portfolios to alert them when a
financial instrument increases or decreases by more than a fixed amount or when the instrument has changed in percent value. Alerts can also be customized to
monitor volume levels or when market activity for an instrument reaches an absolute value greater, less than or equal to the value specified by the user. Alerts may
also be customized to notify users at the financial instruments open and close.
Additionally, the product makes the wireless delivery of custom created Intraday portfolios a reality. The financial professional can select from a standard format or
create their own Intraday template. In addition, the trader can create an alert comprised of any combination of instruments and data.
Global Market Pro takes advantage of the special capabilities of two-way wireless devices, allowing on-demand requests for real-time financial data. Whenever a
user needs financial market information, they simply send a request from their pager, ``on demand'', to Datalink.net's servers for real-time quotes, news and other
data. Traders and other financial professionals will be able to `pull' real-time data on demand from these sources from Reuters Markets 2000, GovPX Treasuries,
and Market News FX and Treasury Bullet Points.
Global Market Pro is available through Datalink.net, Inc. The revolutionary financial product can be purchased by calling 800/524-8187 or by visiting us online at
globalmarketpro.com.
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, Calif. 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
Pamela LaPine, 408/367-1707
Mobile: 408/314-3805
pamela@datalink.net
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