Good Morning all---NEWS!!! Could this be the beginning of something big for the MFSI faithful???
Telescan and MicroCap1000.com Form Content Alliance; Companies to Provide Exclusive MicroCap and SmallCap Data on Wall Street City Financial Supersite
PR Newswire - March 15, 1999 07:45
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Small Market Cap Stock Information Easily Available in One Click
HOUSTON and SANTA MONICA, Calif., March 15 /PRNewswire/ -- Telescan, Inc. (Nasdaq: TSCN) and MicroCap Financial Services.com, Inc. (OTC Bulletin Board: MFSI), announced today a co-branding agreement whereby MFSI's web-site (http://www.microcap1000.com) will provide an exclusive online Investment Center, dedicated to MicroCap and SmallCap market sectors on Telescan's Wall Street City(R) (http://www.wallstreetcity.com) financial supersite. The Center is to include daily news articles and interviews with Wall Street analysts, the MC1000 Index, and stock and investment information for Wall Street City subscribers.
"We are pleased to partner with MicroCap1000, and offer our users the ease and flexibility of accessing additional rich content on microcap and smallcap stocks through just one mouse click on the Wall Street City site," said David Brown, Telescan chairman and chief executive officer. "I'm impressed with the MicroCap1000 Web site, and the news and coverage niche that they have successfully carved," said Brown.
Jay Matulich, Chairman of MicroCap1000 said, "We are meeting the need of the online investor by providing focused and timely MicroCap and SmallCap information on companies with market caps under $500 million. Telescan is a proven leader in recognizing and addressing market gaps. Through Wall Street City, Telescan demonstrates its commitment to providing sophisticated investors with a full range of analytical tools and research capabilities all in one financial supersite," said Matulich.
MicroCap1000 has focused on similar alliances in the recent past, realizing that sites like Wall Street City are model financial supersites for quality and timely information. "Our co-branded Investment Center on Wall Street City is representative of what we can provide other financially oriented sites. We accomplish this by enhancing their already dynamic financial content with Micro Cap and Small Cap information," said Lisa Taylor, Director of Business Development for MicroCap1000.
Based in Houston, Texas, Telescan, Inc. (http://www.telescan.com) is an industry leader in providing Internet services, innovative solutions for online technology and data retrieval tools.
The company develops and operates Internet sites and major online networks serving the financial, publishing, entertainment and technology-transfer industries. Telescan's Wall Street City supersite (http://www.wallstreetcity.com) provides the most comprehensive suite of search tools, technical analysis and financial data on the Internet.
Telescan provides private-label versions of its proprietary Internet technology to many leading financial institutions including Fortune Investor, PointCast, Playboy, American Express, Fidelity Investments and Standard & Poor's.
MicroCap Financial Services.com, Inc. is an international multimedia provider of online financial news and information services to the investment community through its wholly owned subsidiaries MicroCap1000.com and UK-iNvest.com. MicroCap1000.com, which was fully launched in early October 1998, provides comprehensive, Internet-based electronic publishing of unique content on the U.S. MicroCap sector with a specific focus on identifying issues, trends and investment ideas. Currently with more than 140,000 free subscribers, MicroCap1000.com is recognized for its cutting-edge news and commentary and was rated by Barron's (11/23/98) as one of the top financial Web sites. MFSI has initiated its global internet expansion through an alliance with the UK's largest and fastest growing internet service provider, Freeserve Limited a subsidiary of Dixons Group, plc, the UK's largest electronics retailer. Next month MFSI will be launching its investment web site, UK-iNvest.com as the exclusive provider of investor information and services within the financial channel of Freeserve.
"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.
For additional information regarding Wall Street City please contact:
Jerry Smith, Vice President, Internet Sales, Telescan, Inc.
Phone: 281-588-9219; jerry.smith@telescan.com
Telescan Media and Investor Relations, please contact:
Keith Lanigan or Jeffrey Goldberger of Stern & Co., 212-888-0044
Jennifer Mundine of Telescan, 281-588-9829;
investor.relations@telescan.com
For additional information regarding MicroCap Financial Services, Inc., please contact Michael Jacobs at the Boca Raton, Florida office:
7280 W. Palmetto Park Road
Suite 202
Boca Raton, FL 33433
561-417-8053 (tel)
561-417-8054 (fax)
Email: mjacobs300@microcap1000.com
For additional information regarding MicroCap1000.com, please contact Lisa Taylor at the Los Angeles, California office:
2425 Olympic Boulevard
Suite 660E
Santa Monica, CA 90404
310-828-8838 (tel)
310-828-7218 (fax)
Email: ltaylor@microcap1000.com
For additional information regarding MicroCap1000.com in the financial community, please contact:
Richard Carpenter or Jeff Lamberson
at American Financial Communications
2420 "K" Street, Suite 220
Sacramento, CA 95816
916-552-6532 (tel)
916-552-6537 (fax)
SOURCE Telescan, Inc.
/CONTACT: Wall Street City - Jerry Smith, Vice President, Internet Sales
of Telescan, Inc., 281-588-9219, or jerry.smith@telescan.com; Telescan Media
and Investor Relations - Keith Lanigan, or Jeffrey Goldberger, both of Stern &
Co., 212-888-0044; or Jennifer Mundine of Telescan, 281-588-9829, or
investor.relations@telescan.com; Michael Jacobs of MicroCap Financial
Services, Inc., - Florida, 561-417-8053, or fax, 561-417-8054, or
mjacobs300@microcap1000.com; or Lisa Taylor of MicroCap1000.com - Los Angeles,
310-828-8838, or fax, 310-828-7218, or ltaylor@microcap1000.com; or
MicroCap1000.com - financial community, Richard Carpenter, or Jeff Lamberson,
both of American Financial Communications, 916-552-6532, or fax, 916-552-6537/
/Web site: wallstreetcity.com
/Web site: microcap1000.com
/Web site: telescan.com
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