From the press release Sept 7th...this is the way TSCN now describes the Company...:
About Telescan, Inc.
Houston-based Telescan (http://www.telescan.com) is an industry leader in providing Internet services to the financial and publishing industries and proprietary analytics and content to individual investors. Telescan's Consumer Division, based in Menlo Park, California, manages a collection of Web sites, including INVESTools.com and WallStreetCity.com, with the common goal of simplifying and enriching the investing consumer's financial life. The group manages more than 1.2 million active users and more than 50,000 paying subscribers. Revenue is generated through both advertising and subscription sales. Telescan also provides Internet services via private-label and co-branded versions of its proprietary Internet technology to many of the nation's leading financial services and media companies, including America Online, American Express, CNBC.com, Fidelity Investments, Forbes, GlobalNetFinancial, Quick & Reilly and Time Inc. New Media (Fortune).
Telescan recently announced the signing of a definitive merger agreement with GlobalNetFinancial.com Inc. (Nasdaq: GLBN chart, msgs) (LSE:GLFA) to form a vertically integrated, world class, global B2B and B2C money and Internet company. |
