To: SSP who wrote (51103 ) 6/13/2000 10:44:00 AM From: Qone0 Respond to of 150070
Financial Intranet Launches New Website MOUNT KISCO, N.Y.--(BUSINESS WIRE)--June 13, 2000--Financial Intranet, Inc. (OTCBB:FNTN - news) today announced that it has successfully launched its new website, fntv.com . The site offers FNTN-produced streaming media content for individual investors, featuring in-depth interviews with fund managers, analysts, market commentators and corporate executives. Powered by Stockpoint's financial data and applications, fntv.com is also packed with traditional Internet investment tools and information such as quotes, charts, news, mutual fund data, an IPO center and market comment and analysis, giving users immediate access to comprehensive fundamental trading data. Fntv.com also acts as the portal into FNTN's secure, private streaming media Intranet that links the brokerage and mutual fund industries together and connects both to the individual investor. The Company derives revenue from the resale of broadband communications services and streaming media hosting and distribution of proprietary and syndicated content over its network. Michael Sheppard, President of FNTN, commented: ``We are extremely pleased with the launching of the site. It has been a tremendous undertaking completed with the help not only of Stockpoint, but also with the many individuals in the financial community who have given invaluable input into the content, look, feel and functionality of the site. We're also excited that the project is complete, since our March asset acquisition of Longyin Technologies brought with it 800,000 subscribers -- about 10% of the total on-line population in China, where there is a tremendous need for US market data and information. This is indeed an exciting time as we are poised to capitalize on the global need for financial information, and broadband infrastructures worldwide are now in place for the delivery of our streaming media content.'' Certain statements made in this release may contain language describing the plans, goals, strategies, intentions, forecasts and expectations of Financial Intranet that may be referred to as ``forward-looking statements''. Many important factors could cause actual results to differ materially from those in such forward-looking statements and materially affect Financial Intranet's ability to demonstrate competitive market positioning. -------------------------------------------------------------------------------- Contact: Financial Intranet, Inc. Maura Marx mmarx@fntn.com or Corey Rinker crinker@fntn.com E-mail this story - View most popular stories e-mailed