To: Morpher who wrote (6290 ) 1/25/1999 2:06:00 PM From: TFF Read Replies (1) | Respond to of 12617
Quote.com Teams With Exodus to Deliver Real-Time Financial Information And Services Over the Internet Companies Plan to Architect and Deploy a Faster, More Reliable Network for Delivering Quotes, Charts and Services to Leading Brokerages, Banks And Investors Over the Internet SANTA CLARA, Calif., Jan. 25 /PRNewswire/ -- Exodus Communications(TM), Inc. (Nasdaq: EXDS - news), a leading provider of Internet system and network management solutions for enterprises with mission-critical Internet operations, today announced it has been selected by Quote.com to help the company quickly and reliably deliver real-time financial information and services to some of the nation's largest brokerages, banks and media outlets as well as to individual investors. Exodus(TM) and Quote.com will jointly design a distributed system of Web servers and routers that will be deployed throughout Exodus' network of Internet Data Centers. ''Our customers stake their reputations and base their investment decisions on the data we provide so it is absolutely essential that the information be delivered as quickly and reliably as possible,'' said Robert Honeycutt, president and chief executive officer of Quote.com. ''We are very impressed by Exodus' facilities, their cost-effective solutions and their stellar reputation in the financial services arena. We will rely heavily on our relationship with Exodus as we continue to upgrade our offerings and ensure the highest level of customer satisfaction.'' Quote.com is the premier provider of financial information and services on the Internet. The company has more than 300,000 registered users on its own Web site (www.quote.com) and provides the means for market research and information for more than 350 others including the sites of leading brokerages such as Charles Schwab and Waterhouse Securities; banks such as Atlanta Internet Bank; and Internet media outlets including BusinessWeek and Forbes. By leveraging Exodus' best-of-breed network and high-speed, direct connections to the Internet, Quote.com will be assured that its service stays up and running 24x7 and that its information is delivered to customers in the fastest, most efficient way possible. ''Financial data is the epitome of mission-critical, time sensitive information,'' said Ellen M. Hancock, president and chief executive officer of Exodus. ''Exodus enables companies to cost-effectively deploy and distribute over the Internet mission-critical information that was once trusted only to proprietary networks.'' Quote.com's customers range from some of the biggest players in the global financial markets that stake their reputation on the accuracy and timeliness of Quote.com's information to individual investors -- who now have access to financial information once reserved only for professional traders over expensive closed systems. Despite their differences, however, for every one of Quote.com's customers even the slightest time delay or shortest outage can translate directly to missed opportunities. To avoid this, Exodus and Quote.com are working together to offer an Internet-based, cost-effective solution for businesses and individuals that rivals the speed and reliability of a proprietary network. Serving as the foundation for this service is Quote.com's Continuum product, a system of routers and applications that receives and monitors market information and news from numerous exchanges and instantly delivers it to Quote.com's tens of thousands of simultaneous users. By deploying Continuum throughout Exodus' network, Quote.com creates ultimate redundancy in the system, moves its data closer to its users and both doubles the bandwidth and increases the number of pathways through which users can access the site. All in all, this creates the fastest, most reliable distribution network for Quote.com's information, meaning better overall customer satisfaction.