Thursday October 2 8:00 AM EDT
Company Press Release
WavePhore Newscast to Become Premier Business Channel For Microsoft
Internet Explorer 4.0
SAN FRANCISCO, Oct. 2 /PRNewswire/ -- Fast-growing online business intelligence service Newscast Today will become
a premier business channel for Microsoft Internet Explorer 4.0, today announced WavePhore Newscast, a division of
WavePhore, Inc. (Nasdaq:WAVO).
WavePhore Newscast reached an agreement with Microsoft Corp. for users of Internet Explorer 4.0 to have ``one-click''
access to the Web-based Newscast Today, which is the emerging leader in delivering business intelligence services to
corporate subscribers for enterprise-wide use. Newscast Today will become available as a premier business channel for
Internet Explorer 4.0 in December of this year.
Through the alliance with Microsoft, Newscast Today subscribers using Internet Explorer 4.0 will have immediate access to
the online service, as well as to an Active Desktop component that displays a personalized set of headlines and stock quotes
which scroll across a user's desktop. This alerting feature will help Newscast Today users stay abreast of breaking news and
financial market conditions throughout the business day.
The Newscast Today channel will also be available to users of the Internet Explorer Administration Kit. The Internet Explorer
Administration Kit is version 4.0 of Microsoft's utility program for Internet Explorer, which enables customization of Internet
Explorer for distribution within an organization and/or to third parties. This will allow businesses who wish to utilize premier
business channels, such as Newscast Today, to readily customize Internet Explorer to receive these channels, including placing
the Newscast Today channel directly on the Channel Bar on the Internet Explorer Active Desktop.
``We are excited to have been chosen as a premier business channel through our alliance with Microsoft,'' said David E.
Deeds, Chairman, President and CEO of WavePhore, Inc. ``Internet Explorer 4.0 is expected to become a major force in the
corporate computing environment, and the easy access to Newscast Today through Internet Explorer 4.0 will be a real catalyst
for our service's continued growth.''
``We're very pleased to have WavePhore Newscast Today as a premier Active Channel partner for Microsoft Internet
Explorer 4.0,'' said Brad Chase, vice president, application and Internet client group at Microsoft. ``The high caliber of its
up-to-the-minute business intelligence content provides an engaging Web experience for Internet Explorer users.''
Newscast Today offers business news and information drawn from more than 3,000 leading newswires, newspapers, business
publications, broadcasts, financial data providers, and government regulatory authorities, as well as information posted on
thousands of business-oriented Internet newsgroups. The service includes features that allow each user to customize profiling
filters that automatically capture and display relevant documents from the flow of more than 30,000 articles, reports, and
transcripts added to the system each day. Newscast Today also includes the capability to e-mail articles and reports to others
within a corporation.
Newscast Today currently serves more than 143,000 corporate users worldwide. Combining real-time alerting, current
awareness and archival retrieval, the service is a key component of subscribing corporations' internal knowledge management
programs. Newscast Today currently is available to corporations through the World Wide Web, and may be configured as
part of a company's Intranet or Extranet.
About WavePhore
WavePhore, Inc., the industry leader in data broadcasting, is comprised of three divisions: WavePhore Newscast, WavePhore
Networks and WaveTop(TM). WavePhore Newscast delivers web-based enterprise solutions for customized business
intelligence to more than 143,000 corporate knowledge workers across the U.S., Canada and Europe providing a strategic
information advantage. WavePhore Networks provides flexible, high speed data delivery for information providers to more
than 60,000 sites worldwide. WaveTop will utilize push technology to deliver information and entertainment to
multimedia-ready home PCs over the VBI portion of TV signals. Additional information on WavePhore is available via the
Internet at www.wavephore.com, www.newscast.com and www.wavetop.com. Based in Phoenix, Arizona, WavePhore, Inc.
is a publicly traded company (Nasdaq:WAVO - news).
Certain of the above statements regarding WavePhore constitute forward- looking statements which may involve risks and
uncertainties. Actual results could differ materially from such forward-looking statements as a result of a variety of factors,
including, but not limited to, technology changes, competitive developments, industry and market acceptance of new products
and services, and risk factors listed from time to time in WavePhore's SEC filings.
SOURCE WavePhore Inc.
More news for referenced ticker symbols: WAVO, and related industries: computer, internet.
Additional news and quotes: Microsoft Corp - MSFT. |
