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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)

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To: Ms. Baby Boomer who wrote (864)10/29/1998 10:01:00 AM
From: Ms. Baby Boomer  Read Replies (1) of 2365
 
NEWZ ALERT >> Thursday October 29, 08:48 AM Eastern time
Company Press Release

NewsEdge Announces High-Availability Delivery Solution for Mission-Critical Business News

BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 29, 1998--NewsEdge Corporation (Nasdaq:NEWZ), the leader in global news and current awareness solutions, today announced the release of NewsEdge Network, a unique, high-availability news delivery system targeted at environments where news is mission critical. NewsEdge Network, a service of the most comprehensive news and information solution in the world, offers a method to reliably deliver premier news sources, and help to ensure that customers won't lose important news content due to technical failure.

The roll-out of NewsEdge Network raises the bar for media companies everywhere. "With 78 of the BusinessWeek Global 100 companies as our customers, our charter is to deliver competitive advantage through mission-critical news," explained NewsEdge's president and CEO Don McLagan, "We will continue to earn both our partners' and our customers' trust by providing the highest quality service."

A new kind of media company, NewsEdge makes news valuable by gathering, filtering, personalizing, and delivering breaking news and analysis from the most trusted information providers in the world, rather than by creating its own content. With NewsEdge Network, customers are protected from common failures that would result in the loss of important market insight and industry-specific intelligence that empowers their decisions every day.

"NewsEdge Network is the final puzzle-piece that makes NewsEdge the most robust solution," said Cliff Pollan, vice president of sales and marketing at NewsEdge Corporation. "It redefines our leadership in news aggregation, underscoring our commitment to making news valuable to our customers."

An integrated feed delivery service, NewsEdge Network delivers news to customers in a consolidated format over a highly reliable private frame relay system. Any news stories that are not received are automatically retransmitted to the customer's network seamlessly and transparently, without human intervention.

User benefits of NewsEdge Network include:

--120 News Feeds: NewsEdge Network offers a consolidated feed of more than 120 separate news products, including branded content sources.

--Content Enhancement: With NewsEdge Network, NewsEdge is the only news delivery service with improved tagging to ease sorting and searching, and to increase relevancy.

--URL Links: NewsEdge has added Web URL links so that users can link directly to key sites for more information.

--Uncompromised Security: NewsEdge Network supports a variety of firewall configurations to ensure the integrity of each customer's network.

--High Transmission Performance: All transmission is controlled by NewsEdge and is not subject to delays due to third party vendor or bandwidth issues.

About NewsEdge Corporation

NewsEdge Corporation (Nasdaq:NEWZ) is a leader in global news and current awareness solutions for business. The Company's mission is to make news valuable for busy people at work. NewsEdge provides clients at approximately 1,250 organizations - including 78 of Business Week's 100 largest global companies (based on market capitalization) - with a powerful combination of customized, authoritative content cutting-edge technology editorial, value-added capabilities and unparalleled client support and consulting services. NewsEdge helps business people find the most important, relevant stories from an overwhelming volume of daily news and enables them to act on the most current information possible. NewsEdge is headquartered in Burlington, Massachusetts with sales offices throughout North America, Europe and Japan. For more information about NewsEdge Corporation, visit the company's Web site at newsedge.com .

--------------------------------------------------------------------------------
Contact:
NewsEdge Corporation Mullen PR
Sarah Garnsey Krista Thomas
(781) 313-5891 (978) 468-1155
sarah.garnsey@newsedge.com Kthomas@mullen.com
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