To: MoneyMade who wrote (23169 ) 12/7/1998 1:57:00 PM From: EyeDrMike Respond to of 119973
DBCC Monday December 7, 11:53 am Eastern Time Company Press Release CMS Launches Enterprise-Wide BondEdge Solution Next Generation of Server Technology Solves Difficult Problem for Large Organizations LOS ANGELES--(BUSINESS WIRE)--Dec. 7, 1998--Capital Management Sciences, a division of Data Broadcasting Corp. (Nasdaq: DBCC - news), Monday announced the release of a new enterprise-wide version of its BondEdge portfolio analytics software package. Designed for larger institutions, the new BondEdge Enterprise Solution solves an ongoing technical challenge that until now has made sharing portfolio applications across people or geographic locations time-consuming. Using Intranet technology, this new Enterprise Solution enables portfolio information and analytical applications to be made available to BondEdge users within an organization regardless of their location. The BondEdge Enterprise Solution uses a single server as the processing engine. Calculations are performed faster and passed on to the end user's PC. Software support and database maintenance is minimized by having one installation of BondEdge on a central server. ''Consolidation among financial institutions continues to alter the landscape of the investment management industry. Ongoing organizational changes often create barriers to operating efficiency,'' said Laurie Adami, chief operating officer of CMS. ''We believe that this technology will greatly enhance the operation of BondEdge within larger institutions and will reduce the amount of support required by individual users.'' About CMS Founded in 1979, CMS is the recognized leader in fixed income analytical software with more than 500 institutional investor clients. Long known for BondEdge, CMS is considered an independent source of research, analytics and valuation tools. CMS is a division of Data Broadcasting, a leading provider of real-time market data, stock quotes, and financial news and information delivered via the Internet. More information on CMS and BondEdge is available at www.cms-info.com. Corporate information on Data Broadcasting is available at www.dbc.com.