To: Ms. Baby Boomer who wrote (924 ) 11/9/1998 9:03:00 PM From: Regeloney Read Replies (1) | Respond to of 2365
Monday November 9, 07:01 AM Eastern time Company Press Release 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.