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Data Broadcasting, AT&T Wireless Services and Sierra Wireless Announce Unlimited Wireless Access To Real-Time Financial Information
SAN MATEO, Calif., March 25 /PRNewswire/ -- Data Broadcasting Corporation (Nasdaq: DBCC) and AT&T Wireless Services today announced a new wireless service to provide unlimited access to online trading and real-time financial information. The service will utilize Sierra Wireless' award-winning AirCard(TM) wireless modem to receive the data. This new wireless service allows DBC to deliver wireless real-time financial data to StockEdge Online and Signal Online customers via their laptops throughout the continental U.S. Distribution services are provided by MicroAge, Inc., an integrator and nationwide distributor of AT&T wireless Internet Protocol (IP) services.
DBC customers can subscribe to the AT&T wireless IP service and purchase an AirCard(TM) modem through MicroAge. As part of this alliance, the AT&T wireless IP network is available for $49 a month for customers who sign an annual service contract. Through June 30, 1998, the $49 will include charges outside the AT&T coverage areas, after which inter-carrier fees may apply. Customers using Signal Online and StockEdge Online via the wireless data distribution will have the ability to monitor market activity and make time- sensitive trading decisions for as low as $79 monthly.
"This new service provides an unprecedented nationwide wireless solution to our customers for a low, fixed cost," said Mark Imperiale, president of DBC. "Using leading edge technology developed by Sierra Wireless and AT&T, we are able to successfully deliver continuous real-time information which is vital to the mobile trader." David Sutcliffe, president and CEO of Sierra Wireless, adds, "This alliance is consistent with our partnership with industry leading providers to bring complete wireless data solutions. With new markets emerging in financial services and sales automation, Sierra Wireless continues to deliver effective solutions to mobile users."
This service offers flexibility to mobile traders who require access to quotes, news and even the ability to place trades online. Signal Online and StockEdge Online customers will have the ability to receive unlimited access through AT&T's national wireless data network, including major cities in New York, New Jersey, Florida, Texas, Utah, Washington, Oklahoma, Oregon, Colorado and Minnesota, Pittsburgh and the San Francisco Bay area. In addition, AT&T has agreements with other wireless network carriers to give DBC customers wireless access in more than 70 of the top 100 U.S. markets. This extensive coverage allows DBC Signal Online and StockEdge Online traders the ability to monitor market activity and make time-sensitive decisions on-the-go for a fixed fee.
"Unlimited wireless access to essential financial information will change the way DBC customers measure their success," said Kendra VanderMeulen, senior vice president and general manager of AT&T Wireless Data Division. "Our network requires no dial-up connection, so users can be online in an instant and they can stay connected for as long as they need without worrying about mounting airtime costs. Combine this with our robust coverage around the U.S. and you have a wireless solution that can significantly eliminate downtime for the busy trader or investor."
Real-time quotes service will begin immediately and orders for the Sierra Wireless AirCard modem and AT&T wireless IP service will be available through MicroAge, with branches throughout the U.S. In addition to providing the wireless modem and IP service, MicroAge offers full service computer solutions. Signal Online and StockEdge Online subscribers can order a computer laptop system through MicroAge, offering a complete mobile solution to the active trader. MicroAge has two New York City metropolitan locations fully capable of demonstrating this cutting edge technology, one in the heart of Wall Street and a second in Hauppauge, Long Island. For more information call (800) 837-7662 ext. 451.
For more information about this alliance or to order wireless access to Signal Online or StockEdge Online, visit our Web site at dbc.com.
About Sierra Wireless, Inc.
Sierra Wireless is a world leader in cellular data modems and enabling software. The company brings together a world class team that sets new standards in wireless modems. Award winning modem AirCard, the world's first cellular data radio in a true Type II PC card, the 1997 winner of Mobile Insights' Best PC Card Award and Wireless and Mobility 1997 Top Product Awards.
For more information about Sierra Wireless, visit the Web site at sierrawireless.com.
About MicroAge
MicroAge Integration delivers efficient technology solutions through the deployment of people, processes and technology. The company provides ISO-9001 certified multi-supplier integration services and distributed computing solutions to large organizations worldwide. The company serves corporations, institutions and government agencies through its network of branches and alliance partners spanning 34 countries. MicroAge Integration is a part of MicroAge, Inc., a Fortune 500 provider of global technology solutions. MicroAge Integration is based in Phoenix, Arizona. More information can be found on the World Wide Web at www.microage.com.
For more information about MicroAge, visit the Web site at www.microage.com or to order, call (800) 837-7662 ext. 451.
About AT&T Wireless Services, Wireless Data Division
The Wireless Data Division of AT&T Wireless Services is a recognized world leader in the development of wireless data communications networks designed to meet the entire spectrum of business data communications requirements, from short transactions, such as messaging, data entry and dispatch, to longer sessions typical of file transfers and interactive computing. For more information, customers can contact AT&T Wireless on the Web at www.attws.com/nohost/data.
About Data Broadcasting Corporation
Data Broadcasting Corporation is America is leading provider of real-time market data to the individual trader and investor. The company delivers real- time stock quotes, financial and sports news and gaming information to 250,000 users via PCs, wireless FM, cable satellite and the Internet (http://www.dbc.com and cbs.marketwatch.com). With its Capital Management Sciences division, Data Broadcasting also is the leading provider of fixed income portfolio analytics used for valuation and risk management purposes.
For more information on DBC's line of financial information products, visit our press room on the Internet at dbc.com.
SOURCE Data Broadcasting Corporation
CO: Data Broadcasting Corporation; AT&T Wireless Services; Sierra Wireless; MicroAge, Inc.
ST: California
IN: TLS
SU: PDT
03/25/98 08:19 EST prnewswire.com
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