NewsEdge Corporation Fuels International Expansion With New Syndicated European Content
Explosive Growth in Europe Drives Demand for Leading Publisher's News
GENEVA--(BUSINESS WIRE)--April 18, 2000--NewsEdge Corporation, a leading provider of e-content applications for business web sites, today announced new and expanded relationships with the BBC, the Daily Telegraph, eFinancial News, Les Echos, ATS Swiss National News, PR Line France, AFX News, and UK-based Press Association. NewsEdge continues to aggressively syndicate global content to fuel the dramatic growth it is experiencing in the European markets.
NewsEdge's European operations, established six years ago, more than doubled its new business growth in 1999, with many large global companies licensing NewsEdge e-content solutions for their internets, enterprise, extranets, communities and marketplaces.
"With over 1,400 customers world-wide, NewsEdge is committed to providing strong, effective global e-content to our customers and partners," said Cliff Pollan, Chief Executive Officer, NewsEdge Corporation. "We continue to aggressively syndicate content to meet the needs of our readers and match those needs with award-winning products, services and e-content solutions."
These publishers join an impressive roster of global providers of English and native language content. The list includes Dow Jones, Financial Times, Reuters, Agence France Presse, Bloomberg, Bridge News, Comtex, Deutsche Press Agentur Gmbh, The Economist Magazine, the Globe & Mail, Het Financieele Dagblad, Kyodo, Nikkei and Asia Pulse.
As a global company, NewsEdge has sales offices established throughout North America, Europe, the Middle East, Africa and Asia. The European headquarters are based in Geneva, Switzerland. The company's US headquarters is located in Burlington, Massachusetts.
About NewsEdge Corporation
NewsEdge Corporation (NASDAQ: NEWZ) is a leading provider of e-content applications for business web sites. NewsEdge serves approximately 1,450 organisations, including 43 of Business Week's 50 largest global companies with award-winning news and information products including NewsEdge Insight(TM), NewsEdge Live(TM), and NewsEdge Review(TM) topics. For more information about NewsEdge Corporation, please visit the company's Web site at newsedge.com.
(c)NewsEdge Corporation, 2000, all rights reserved. NewsEdge is a registered trademark of NewsEdge Corporation. All other product or service marks mentioned herein are those of NewsEdge or their respective owners.
Certain of the above statements on the Company's future revenue and financial performance, are forward-looking statements that involve risks and uncertainties. Actual results could differ materially as a result of a variety of factors, including, risks associated with acquisitions, the timely development and acceptance of new products, competitive developments, the success of relationships with third parties, and other risk factors described from time to time in the Company's SEC reports.
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Contact:
NewsEdge Corporation
Sheila McGarrigle
+41 22 849 0550
Sheila.mcgarrigle@newsedge.com
or
NewsEdge Corporation
Paul Joyal
781-229-3342
Paul.joyal@newsedge.com
or
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