BIG NEWS? PHOENIX--(BUSINESS WIRE)--Jan. 26, 1999--WavePhore Inc.
(NASDAQ:WAVO.O) Tuesday launched the addition of a new service from
Multex.com Inc. (http://www.multex.com) that will provide its
customers access to investment research reports from more than 250 of
the world's leading financial institutions.
Multex.com is a leading provider of online investment research
and information services. The agreement allows corporate subscribers
to Wavephores Newscast the ability to quickly and seamlessly link to
the Multex Research-On-Demand database and purchase reports online
through a new e-commerce site.
Through this service each user can access over 400,000 research
reports on over 15,000 companies worldwide. "This ground breaking
agreement provides Newscast users a powerful, yet easy tool for
researching and purchasing critical investment information online
through the innovation of e-commerce," said David E. Deeds, chairman,
president and chief executive officer of WavePhore Inc.
"As the leading new media content integrator and architect of
digital delivery systems, WavePhore is once again, leading the way as
the premier business information service where corporate users can
have fast, easy access to extensive new sources of business
intelligence information."
Multex Research-On-Demand is seamlessly embedded into WavePhore's
flagship business intelligence service, Newscast Today. Multex.com
reports are automatically linked to each user's customized stock
portfolios.
These reports are updated by contributing sources on a daily
basis to ensure timeliness and significance. In addition, the
Web-based delivery platform enables subscribers to buy research
reports at substantial savings as compared to other distribution
sources or vendors.
"In today's market, Multex.com equips corporations with the best
tools to make the most informed decisions," said Isaak Karaev,
president and chief executive officer of Multex.com. "We welcome the
opportunity to join forces with WavePhore in delivering the most
pertinent and timely investment news, research and information to
their subscribers."
Research reports and other investment information provided
through Multex Research-On-Demand will be delivered in Adobe Acrobat
format to enable the viewing and printing of reports in their
entirety, complete with full color graphics and charts.
These reports are available for purchase, and may be subject to
certain embargo periods prior to release and sale. Pay-per-view with a
credit card is one option; or customers can subscribe annually by
paying a flat fee.
ABOUT MULTEX.COM
Multex.com is a leading provider of online investment research
and information services designed to meet the needs of individual and
institutional investors, including investment banks, brokerage firms
and corporations.
Multex.com's services enable timely online access to over 900,000
research reports and other investment information on over 15,000
companies published by more than 400 investment banks, brokerage firms
and independent researchers worldwide.
More than 600,000 individual investors, institutional investors
and financial professionals, including mutual fund managers, portfolio
managers, brokers and their clients have access to Multex.com's
services. For the individual investor market, Multex.com has recently
launched the Multex Investor Network, an Internet service targeting
the rapidly growing online individual investor market.
Multex.com has established distribution relationships for the
Multex Investor Network with other Internet portals and financial
sites, including American Online, The Wall Street Journal Interactive,
CNNfn, CBS MarketWatch, Hoovers and Edgar On-Line.
ABOUT WAVEPHORE
WavePhore Inc. (NASDAQ: WAVO.O) is the leading new media content
integrator and architect of digital delivery systems. It partners with
the foremost providers of news, business data, Internet based content
and multimedia programming todeliver selective intelligence and
quality content to an information-dependent society.
WavePhore (www.wavephore.com) enables people and enterprises to
more efficiently receive, manage and productively use all types of
urgent, insightful, or relevant information.
The company's technologies and services aggregate, filter,
customize and distribute digital content (text, graphics, music, and
video) using a wide range of reliable, low-cost broadcast
(FM sideband, TV-VBI), satellite and Internet based delivery systems.
It has technology sourcing and strategic alliances with
Microsoft, Intel, Compaq, Sony, Gateway, STB, ADS and PBS National
Datacast, in addition to information service agreements with some two
hundred Fortune 1,000 companies worldwide.
Additional information on WavePhore is available via the Internet
at www.wavephore.com. Information on its business units can be found
at www.wavetop.net, www.wavephore.net and www.newscast.com and
www.ewatch.com.
Note to Editors: Certain of the above statements regarding
WavePhore constitute forward-looking statements, which may involve
risks and uncertainties. Actual results could differ materially from
such forward-looking statements as a result of a variety of factors,
including, but not limited to, technology changes, competitive
developments, industry and market acceptance of new products and
services, and risk factors listed from time to time in WavePhore's SEC
filings.
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CONTACT: WavePhore Inc., Phoenix
Jennifer Schreier, 602/952-5500 x239
(Investor Relations)
jschreier@wavephore.com
or
Neale-May & Partners
Bernadette Callahan, 650/328-5555 x120 (Media)
callahan@nealemay.com
or
Middleberg + Associates
Courtney Darby or Michael Fox, 212-888-6610
courtney@middleberg.com
mikef@middleberg.com
KEYWORD: ARIZONA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET
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