To: Jay Baca who wrote (1670 ) 7/1/1998 11:43:00 PM From: Garry O'krafka Read Replies (1) | Respond to of 2125
NORTH AMERICAN QUOTATIONS, INC. AND MINDQUAKE SOFTWARE ANNOUNCE STRATEGIC ALLIANCE TO PROVIDE CUSTOM FINANCIAL SOFTWARE AND INTERNET/INTRANET APPLICATIONS. June 23, 1998 - Vancouver, BC - Mindquake Software, Inc. and North American Quotations, Inc. announced a strategic alliance today to co-market each other's services in the area of custom financial software that provides real-time or delayed market information and news. From desktop portfolio managers to websites and intranets with access to real-time market data, this combined effort will deliver complete financial software solutions. Until today, companies attempting to implement such solutions have had to work with several different parties, each using different data formats and delivery mechanisms. Mindquake and NAQ bring a coordinated effort to the marketplace, with Mindquake already registering a client list of 23 companies serving hundreds of thousands of users world-wide with its custom financial software. "Our experiences revealed that companies encounter the same pitfalls again and again when implementing solutions in-house or with a developer inexperienced in the financial sector. By providing an integrated service - software developer and feed provider - our clients receive a turn-key solution unmatched in the industry." Shawn Thomas, VP Technology, Mindquake Software. NAQ has developed two datafeed solutions - The Internet Database Server (IDS), a snapshot quote engine; and NetStream, a streaming market data feed. NAQ also provides end-of-day services, FTP services and dynamic solutions for websites. NAQ has also recently become an authorized redistributor of Dow JonesT Market information. "Our alliance with Mindquake will allow companies to bring their vision to reality faster, as they will be eliminating the learning curve from development time." Carole Olkowski, NAQ. NAQ serves both public websites such as Silicon Investor, Stock Tools, Quote Central, Security APL and Rogers Multimedia with datafeed solutions, and Corporate North America with custom market information. Companies such as Ralston Purina, Cigna, Service Corp Intl, Inco Ltd., BF Goodrich, CDN Airlines and Xerox all keep shareholders and visitors alike informed of their current share price using NAQ's solutions. Mindquake has enjoyed great success in the financial sector and names the likes of Nike, West Coast Energy, Placer Dome, The Loewen Group and Cadence Design Systems as clients of its financial software offerings. Mindquake is also set to announce new tools for web developers including real-time chart generation and an easy-to-use server-side component for retrieving stock data over the Internet. Both are targeted for the finance market. North American Quotations, Inc has been providing real-time and delayed stock, options and futures market data for market watchers, brokers and developers since 1982. NAQ has strategically positioned itself as a premier internet data provider and now serves over 500 websites and 1000 private investors with their own custom software in 50 countries around the world. NAQ has 4 offices in Canada and the U.S. More information on NAQ and its products can be found at naq.com or by calling 1-800-465-4300. Fax 1-519-657-3331. email at sales@naq.com . Mindquake software is a Vancouver based custom software development firm specializing in the development of Internet and Intranet web applications, e-commerce, desktop programs, server-side components and databases for a variety of platforms. Mindquake provides a wide range of Java, C/C++ and VB solutions including the creation of component software, WAN client/server applications, integrated messaging systems and web/database connectivity. Information can be obtained from Mindquake's website atmindquake.com or by calling 604-685-9229. Fax 604-685-9510. Email info@mindquake.com . For more information : Shawn Thomas, VP Technology Mindquake Software, Inc. 604-685-9229 sthomas@mindquake.com Carole Olkowski, Controller North American Quotations, Inc 1-800-465-4300 ext 223 caroleo@naq.com