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THE CONCEPT BEHIND SYNICATEASIA
CNBC.com and Telescan Partner for Syndicated Web Content
PR Newswire - November 06, 2000 17:48
New Product Offering Combines CNBC.com's Brand and Market Commentary with Telescan's Investor Analytics and Hosting Capabilities
FORT LEE, N.J. and HOUSTON, Nov. 6 /PRNewswire/ -- CNBC.com, one of the Internet's most popular destinations for financial market commentary
and analysis, and Telescan, Inc. (Nasdaq: TSCN), the leading provider of financial tools and analytics on the Internet will introduce a customizable
suite of CNBC.com branded applications and analytics for the syndication market, CNBC.com COO Bob Meyers and Telescan CEO Lee Barba
announced today.
Under the partnership, CNBC.com and Telescan have developed and will collaborate to market a syndicated business-to-business financial Web
content product aimed at serving the growing number of businesses wanting to complement their Web sites with deeper, yet "turn-key" financial content
offerings. CNBC.com will lend its recognized brand and leading market commentary and analysis to the joint offering, while Telescan will contribute its
hosting capabilities, rich data stores and sophisticated investment tools.
The syndication alliance will offer quotes and CNBC charts, as well as premium content such as portfolios, advanced charting capabilities, industry
group analysis, reports and Telescan's Quick Search - a feature rich, easy-to-use stock and mutual fund screening tool. Additionally, the alliance will
specifically leverage CNBC.com's unique brand of market, stock, bond, fund, and contributor commentary feeds.
"There is substantial consumer demand for syndicated financial data and commentary, driven by the on-line user's need for more investment
information and the desire to be self-directed in financial transactions. Our partnership with Telescan to deliver a more complete array of content
introduces a formidable solution to the marketplace," said Meyers.
"As the online world continues to attract ever increasing numbers of investors, Web-based financial services offerings have become even richer. The
investor of today is looking for a trusted brand, sound financial guidance and flexible, personalized solutions. By joining our depth and breadth of
financial analytics with CNBC.com's brand and market commentary, we have built a platform that sets a new standard on behalf of personal investors.
We are excited to share this advantage with a premier list of B2B partner Web-sites," said Barba.
Prospective clients should contact sales at cnbc.info@telescan.com for more information.
About CNBC.com
CNBC.com (http://www.cnbc.com), a unit of General Electric (NYSE: GE), is the indispensable financial resource for today's informed investor.
CNBC.com democratizes Wall Street by providing original, personal, and relevant information, which helps investors profit from today's lightning-paced
financial activity. By leveraging access provided by CNBC, the recognized world leader in business news, the site brings users an insider's view of the
financial markets in an interactive format. CNBC.com offers real time data, customized charts, portfolios, and stock tickers, as well as company news,
e-alerts with breaking information, and top quality investing tools and analyses. CNBC.com also assists investors with long-term financial planning and
personal finance by providing information, analysis and tools on mutual funds, new financial products, retirement planning, job hunting, career
management, personal borrowing, tax planning and starting a small business.
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, Forbes, NBC, Quick & Reilly and Time Inc.
New Media (Fortune).
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news
release that may be considered forward-looking statements could be subject to certain risks and uncertainties that could cause the actual results to
differ materially from those projected. These include uncertainties in the market, competition, legal, success of marketing efforts and other risks detailed
from time to time in the company's SEC reports. The company assumes no obligation to update the information in this release.
SOURCE Telescan, Inc.
/CONTACT: Lee Barba, CEO of Telescan, 212-332-3255; or Helen Medvedovsky
of Stanton Crenshaw Communications, 212-780-1900 ext. 581, helen@stanton-
crenshaw.com, for CNBC.com; or Rebecca Tompkins of NBC, 212-664-3505,
rebecca.tompkins@nbc.com/
/Web site: telescan.com
cnbc.com
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