To: Francois Goelo who wrote (401 ) 9/25/1999 12:33:00 AM From: scouser Read Replies (1) | Respond to of 565
Francois, just got this back from FRTI, :-) Recent Developments: 1. In June FRTI announced that it has signed a contract with San Francisco-based Critical Path, Inc. (Nasdaq:CPTH). Critical Path is a leading provider of email outsourcing services to corporations, Internet service providers (ISPs), web hosting companies and web portals. Under the terms of the contract, members of freerealtime.com's web site will be provided a fully featured, private, web-based email account allowing them to send and receive their mail from any computer in the world utilizing a web browser and access to the Internet. 2. In June FRTI announced that it has been named as a ‘Blue-chip Pick' in the May/June issue of On-Line Investor. The web site, which provides free, real-time quotes, was rated 10 for value, 9 for ease and 7 for design. This selection precedes a recent selection as the “PowerLunch ‘Cool' Web Site of the Day. 3. In May FRTI announced that it has been named in the March 23 issue of PC Magazine as the best free real-time provider of stock quotes. According to the article, “Fire Your Broker,” Freerealtime.com was the only site found by the PC Magazine research team that provided an unlimited number of free real-time stock quotes for an unlimited amount of time by simply registering on the freerealtime.com web site. 4. Apr 1999, FRTI said that it has signed a multi-year contract with Reuters, the global news and information group. Under the terms of the contract Reuters will supply news pertaining to public companies in North America to FRTI's web site. Reuters is one of the world's largest news organizations providing news and information to hundreds of Internet sites reaching millions of viewers per month. 5. Mar 1999, FRTI said that its previously announced on-line trading venture with FarSight Financial Services, LP, a member of the D. E. Shaw group of companies, has been substantially impacted by the sale of the assets of D. E. Shaw Financial Technology, LP, (DESoFT) to Merrill Lynch & Co. The company is evaluating other alternatives.