To: esecurities(tm) who wrote (4744 ) 3/30/1999 9:04:00 AM From: esecurities(tm) Read Replies (2) | Respond to of 5102
INTERNET (esecurities.W) March 30, 1999 -- DBCC Internet Subscribers Increase More than 500% - HAYWARD, Calif., March 30 /PRNewswire/ -- Marking an important milestone for the company's Internet strategy, Data Broadcasting Corporation (Nasdaq: DBCC - news), America's leading provider of real-time financial market data to traders and individual investors, today announced that subscribers for its Internet-delivered Signal Online service has surpassed 10,000 subscribers, a more than 500% increase from February 1998 to February 1999. DBC launched its Internet-based streaming real-time quotes product known as Signal Online in July 1997, providing the market a powerful service with fast, efficient and reliable delivery. With its exceptional features, this product offers professional level services previously unavailable to individual investors and day traders. Contributing to product awareness and subscriptions for Signal Online are marketing alliances that DBC has formed over the past year with leading purveyors of Internet trading, including Ameritrade (Nasdaq: AMTD - news); Dreyfus, a Mellon Bank company (NYSE: MEL - news); Lind Waldock; Wall Street Access; and other established Internet brokerage firms. ''Our monumental increase in Internet subscribers from last year is testament to the very strong product we have in Signal Online,'' said Mark F. Imperiale, DBC's president and chief operating officer. ''We broke the 10,000 subscriber mark sooner than anticipated, reflecting the widespread interest for this product. Also encouraging is the revenue growth from our Internet products, which is up more than 400% since February 1998. We have aggressively pursued an Internet-centric strategy for our company and are now reaping the rewards..." source: © 1999 Tuesday March 30, 8:15 am Eastern Timebiz.yahoo.com