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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV -- Ignore unavailable to you. Want to Upgrade?

To: AJ Berger who wrote (833)	1/14/1998 12:11:00 PM
From: David Gardiner	Read Replies (1) \| Respond to of 2843

Story about Datacasting and a press release Dave washingtonpost.com:80/wp-srv/WPlate/1998-01/12/024l-011298-idx.html Wednesday January 14, 8:30 am Eastern Time Company Press Release SOURCE: WavePhore Newscast WavePhore Newscast Subscriber Base Exceeds 200,000 at the End of 1997 DALLAS, Jan. 14 /PRNewswire/ -- WavePhore Newscast, a division of WavePhore, Inc. (Nasdaq: WAVO - news) and the fastest-growing provider of mission- critical business information delivered to corporate users through intranets and extranets, today announced that Newscast Today, its flagship web-based service, now serves more than 200,000 corporate business professionals worldwide. The quarterly increase continues WavePhore Newscast's dramatic growth trend for the 1997 year. Over the last 12 months, WavePhore Newscast has added over 150,000 new subscribers -- a growth rate of over 400% for the calendar year 1997. WavePhore Newscast now serves 160 corporate clients. Among the corporations selecting WavePhore Newscast during the fourth quarter of 1997 are Bankers Trust, Sears, Roebuck and Co. [NYSE:S - news], Sybase and UPS. ''Our success is driven by our strategy for supporting users across the enterprise, and by our ability to integrate information into the day-to-day professional lives of our users,'' said WavePhore Newscast Executive Vice President, Thomas White. ''More and more Fortune 500 companies are recognizing the impact that mission-critical business information can have on users at every level of the company.'' ''WavePhore Newscast has continued to grow at a much faster rate than our competitors. By providing innovative solutions for internet, intranet and extranet usage as well as expanded financial, international and industry- specific business information, WavePhore Newscast is positioned for outstanding growth in 1998,'' explains David Deeds, Chairman and CEO of WavePhore, Inc. WavePhore Newscast delivers business news gathered from more than 3,000 publishing, broadcasting, financial and government data sources, along with real-time profiling filters that enable each subscribing company and individual user to create a customized information stream. WavePhore Newscast offers a Web-based service, Newscast Today, for enterprise-wide access. The company also provides integration services that enable companies to incorporate Newscast Today modules of news, market research and financial data directly into their corporate intranets and extranets. Because WavePhore Newscast hosts the information it gathers and distributes at its own processing centers, its subscribing companies can provide personalized business information cost effectively to a larger number of executives and managers across their enterprises. At year-end 1997, WavePhore Newscast continued to have more users per installed company (approximately 1,300) than did its competitors.