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Technology Stocks : Multex.com, Inc. [MLTX] -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (128)5/19/1999 1:07:00 PM
From: Doug Robinson  Read Replies (1) | Respond to of 202
 
More great news for this one!! Multex.com Becomes Exclusive Provider of Broker Research Reports for TheStreet.com

BUSINESS WIRE - May 19, 1999 12:52
NEW YORK (May 19) BUSINESS WIRE -May 19, 1999--In a move that continues a string of partnerships with leading financial and investment sites, Multex.com (NASDAQ: MLTX) announced today an agreement to become the exclusive provider of brokerage research reports for TheStreet.com (NASDAQ: TSCM).

Under the agreement, content from Multex.com's individual investor site, the Multex Investor Network (http://www.multexinvestor.com), will be available on TheStreet.com, a leading online financial and investment news publication. As well, Multex.com will develop a new customized research section for the TheStreet.com called Analyst Reports, which will feature research reports from the Multex Investor Network fully integrated as part of company research pages.

"The addition of Multex.com's reports to TheStreet.com gives our readers access to research from top analysts in each industry," said Kevin English, chairman and CEO of TheStreet.com, Inc. "Our readers are sophisticated investors who demand the best financial news and analytical tools available. This partnership bolsters our offerings and makes TheStreet.com a more complete financial tool for our readers."

Isaak Karaev, president and CEO for Multex.com said, "This is another win for Multex.com. Our rapidly expanding family of relationships with leading online financial information providers from AOL to TheStreet.com has made the Multex Investor Network the leading source of comprehensive online research for the individual investor." About TheStreet.com, Inc.

TheStreet.com, Inc. (NASDAQ: TSCM) is publisher of TheStreet.com, a leading Web-based provider of original, timely, comprehensive, and trustworthy financial news, commentary and information aimed at helping readers make informed investment decisions. TheStreet.com (www.thestreet.com) was founded in 1996 and is based in New York City, with bureaus in San Francisco and London. TheStreet.com's editorial team, with 50 experienced financial journalists and over two dozen outside contributors, publishes approximately 40 original news stories and commentaries every business day, including popular daily columns by James J. Cramer and Herb Greenberg. TheStreet.com, Inc. has established strategic alliances with Yahoo!, America Online, The New York Times Co., Fox News Network L.L.C., Intuit, 3Com, E*TRADE, DLJdirect, and other leading companies. About Multex.com

Multex.com (http://www.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 1.2 million research reports and other investment information on over 20,000 companies published by more than 500 investment banks, brokerage firms and third-party research providers worldwide. More than 900,000 individual investors, institutional investors and financial professionals, including mutual fund managers, portfolio managers, brokers and their clients have access to Multex.com's services.

Multex.com has become the leading provider of commingled brokerage research for individual investors through its Multex Investor Network Web site (http://www.multexinvestor.com). The Multex Investor Network is a unique Internet community that offers individual investors online access to free and premium investment research from over 250 leading brokerage firms, investment banks and independent research providers. More than 350,000 people have become members of the Multex Investor Network since its launch in November 1998. This news release contains statements of a forward-looking nature relating to the future events or the future financial results of Multex.com. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In evaluating such statements, investors should specifically consider the various factors which could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in Multex.com's reports and documents filed from time to time with the Securities and Exchange Commission.