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Newsedge Corp.
November 9, 1998
NewsEdge Delivers The Power Of Real-Time News In A Browser
BURLINGTON, Mass.--(BUSINESS WIRE)--Nov. 9, 1998--
With breakthrough technology, Live 4.0 provides live scrolling
news throughout businesses large and small
NewsEdge Corporation (Nasdaq:NEWZ), the leader in global news and
current awareness solutions, today announced a product breakthrough that
delivers streaming news feeds and business alerts through commonly
available browser software. NewsEdge Live 4.0 breaches significant
technology barriers to the delivery of real-time news, and, according to
NewsEdge president and CEO Don McLagan, eliminates the previous
tradeoffs between Web access and proprietary news feeds.
"Live 4.0 signals the democratization of the real-time news," said
McLagan. "Current awareness is no longer confined to Wall Street brokers
and news reporters. Now business people throughout organizations of all
sizes can be immediately alerted to breaking news that affects their
jobs, through commonly available browsers."
Used by the world's top financial, business and government
organizations, NewsEdge Live integrates news and information from
thousands of sources and delivers it in real time through a single,
consolidated news solution. Individually personalized profiles allow
users to track news on their own organization, customers, competitors,
partners, suppliers, governments, local and global events and more.
NewsEdge Live provides personalized alerting capabilities that can
notify users when particular news breaks, allowing them to extract the
highest value from the information. Powerful, full-text searching on the
news by ticker symbol, key word or phrase, subject code or company name
yields fast and accurate results.
"Delivering our high-end, sub-second news capabilities in a Web browser
is a technical tour de force and a natural extension of our product
leadership," said John Moss, vice president, development at NewsEdge
Corporation. "We are using the browsers that nearly everyone has on the
desktop to deliver live news previously available only through
proprietary client software. Now virtually anyone can have access to the
most powerful news solution available anywhere."
In addition, the new version of NewsEdge Live allows extensive
customization of the user interface, including colors, fonts, alert
banners and sounds, to help users track the breaking news that is most
important to them. Ease of use combined with the familiar browser
interface allow the product to be easily adopted across an entire
organization. NewsEdge Live vastly simplifies administration by
automating much of the activity that used to require a system
administrator's intervention.
A Live 4.0 server can be located on site at the customer organization,
or can be hosted by NewsEdge Corporation. This flexibility speeds
deployment and reduces the cost of operation for organizations of all
sizes. Live. 4.0 also supports Internet delivery of news resources, or
distribution via leased-line systems, virtual private networks, or the
Company's NewsEdge Network high availability delivery system.
Contact a NewsEdge representative for a free 30-day trial of NewsEdge's
latest innovative offering, at 800-255-3343. About NewsEdge Corporation
NewsEdge Corporation (Nasdaq:NEWZ) is a leader in global news and
current awareness solutions for business. The Company's mission is to
make news valuable for busy people at work. NewsEdge provides clients at
approximately 1,250 organizations - including 78 of Business Week's 100
largest global companies (based on market capitalization) - with a
powerful combination of customized, authoritative content; cutting-edge
technology; editorial, value-added capabilities; and unparalleled client
support and consulting services. NewsEdge helps business people find the
most important, relevant stories from an overwhelming volume of daily
news and enables them to act on the most current information possible.
NewsEdge is headquartered in Burlington, Massachusetts with sales
offices throughout North America, Europe and Japan. For more information
about NewsEdge Corporation, visit the company's Web site at
newsedge.com .
(c)NewsEdge Corporation, 1998, 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.
CONTACT: NewsEdge Corporation
Sarah Garnsey, (781) 313-5891
sgarnsey@newsedge.com
Or
Mullen PR
Krista Thomas
(978) 468-1155
kthomas@mullen.com
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