A Global and Platform-Neutral Research Player; IDEAglobal Announces New Partnership With Sila & LycosAsia.Business Editors & High-Tech Writers NEW YORK--(BUSINESS WIRE)--Nov. 28, 2000 After over a decade of being a leading provider of independent analysis and intelligence on global capital markets to the professional banking and trading community, IDEAglobal has focused much of its recent efforts on providing research to an ever broadening audience of retail investors Retail Investor Individual investors who buy and sell securities for their personal account, and not for another company or organization. Notes: Retail investors buy in much smaller quantities than larger institutional investors. . In the process the company's equity research group has become IDEAglobal's fastest expanding area of content production. With the acquisition of StreetAdvisor.com, on July 12, 2000, the company realized its ambition of becoming a global leader in online content origination, targeting the retail investor. By combining IDEAglobal's financial analysis for the professional user with StreetAdvisor's real-time equity content for the retail investor, IDEAglobal moved closer to its goal of becoming the only fully vertical research provider for traders, investors and money managers at all levels. The company now operates multiple equity research hubs including centers in Singapore, London, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Miami. "In an era when many companies are claiming to be democratizing financial markets, we feel we can claim that we are one of the few with the core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
The company's IDEAadvisor site (http://www.IDEAadvisor.com), formerly StreetAdvisor, is currently one of the most trafficked financial market websites in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. with a reputation for providing independent Wall Street-level research for the demanding individual investor. In an attempt to replicate IDEAglobal's successful growth model worldwide, while optimizing the talented staff IDEAglobal acquired from StreetAdvisor, certain members will be relocated to IDEAglobal's New York, Singapore and London offices. "It is very important to combine and filter StreetAdvisor's experience and expertise throughout IDEAglobal and accelerate the development of our offerings to benefit the global retail investor community," said Chris Turner
Chris Turner (born September 15, 1958 in Sheffield, where he attended Myers Grove School) is an English football manager. , IDEAglobal's Senior Vice President, Content. In addition to the US market, IDEAglobal offers its content in Asia, and Europe via its core syndication agreements with British Sky Broadcasting British Sky Broadcasting (BSkyB — formerly two companies, Sky Television and BSB) is a company that operates Sky Digital, a subscription television service in the UK and the Republic of Ireland. It produces TV content, and owns several TV channels. and LycosAsia. These agreements represent IDEAglobal's unique position and ability to partner with the most prominent and visible players in every country to offer its research. In its efforts to expand its retail presence, IDEAglobal signed a co-branded content distribution agreement with BskyB, where the company will offer base level financial research on BskyB's portal that reaches over 9 million households in the UK and Ireland. In addition, IDEAglobal's agreement with LycosAsia will capture the Internet audience of markets such as Singapore, Malaysia, Taiwan and others. Commenting on the company's syndication strategy, IDEAglobal's Turner noted; "the proposition is a fairly simple one, IDEAglobal's valuable content provides an effective way for its distribution partners to create/increase their customer value." IDEAglobal has also existing syndication agreements with CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. .com, Bloomberg.com, Pacific Internet, and China.com. Raising the benchmark for the wireless financial content industry, IDEAglobal signed a strategic partnership with Sila Communications, a leading provider of wireless data services to mobile devices in Europe and Asia, backed by Reuters and Aether aether: see ether, in physics and astronomy. Aether god of whole atmosphere. [Gk. Myth.: Jobes, 42] See : Air Systems, to market IDEAglobal's products across Sila wireless platforms. This will give mobile customers access to original content covering every liquid market on a 24-hour basis, through its IDEAadvisor site. The number of wireless subscribers with Internet-enabled devices is expected to reach seven million in the US by the end of this year and increase to approximately 61% of the US population by 2005; whereas a third of all Europeans will use the Net through mobile phones in 2004. Being one of the first pure financial content originating companies to offer content on the wireless platform, IDEAglobal is on track to become one of the leading niche wireless content providers. "We will now be able to take full advantage of our superior content to gain additional market share. For over ten years, our company has supplied financial content and intelligence to the world's largest financial institutions and the most demanding traders of the world, and now with a broad range of partnerships and alliances our content will be available to the leading financial e-marketplaces to be used by our clients and the retail investor," said Shandi Modi, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of IDEAglobal. About IDEAglobal.com Established in 1989, privately held IDEAglobal.com is a financial market and macroeconomic mac·ro·ec·o·nom·ics n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. research company providing independent and impartial analysis. IDEAglobal.com helps investors, institutions and professionals manage money, and trade markets and quickly reach confident trading decisions in all major liquid markets worldwide, including stocks, bonds, currencies, financial futures financial futures Obligations to buy or sell particular positions in financial instruments. The features of financial futures are identical to those of any futures contract except that the asset for delivery is of a financial nature. , options and mutual funds. A research and strategy team of over 165 full time experts, located in three time zones covering the 24-hour market cycle, originates on average 2200 pieces of analysis in four languages. This output reaches a community of readers in over 800 banking and trading institutions in more than 80 countries worldwide. The Company's products are delivered in real-time over all key digital distribution channels, including Internet and on-line proprietary networks. About Sila Communications Sila Communications, headquartered in London, is a joint venture between Aether Systems (60% owner) a leading provider of wireless applications and Reuters (40%) the worldwide financial information provider. In the new company, Aether Systems has contributed $15 million cash and its recent $85 million acquisition of IFX IFX - ["Type Reconstruction with First-Class Polymorphic Values", J. O'Toole et al, SIGPLAN Notices 24(7):207-217 (Jul 1989)]. Group, Europe's biggest provider of mobile financial data. Reuters has contributed $22 million cash and its wireless applications company Futures Pager 1. (hardware, communications) pager - (Or "beeper", "bleeper" (UK?)) A small wireless receiver that, when triggered (generally via phone), will beep or vibrate (un)pleasantly. , owner of mini-Reuters a professional portable information system. Through IFX and Futures Pagers, Sila has a significant corporate structure in place in Europe and Asia with offices in the UK, Denmark, France, Finland, Germany, Netherlands, Norway, Portugal, Spain, Sweden and Singapore. Sila Technology operates over European GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992. wireless networks as well as the next generation high-speed networks including GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. and UMTS (Universal Mobile Telecommunications System) The GSM implementation of the 3G wireless phone system. Part of IMT-2000, UMTS provides service in the 2 GHz band and offers global roaming and personalized features. . About LycosAsia Lycos Asia, a joint venture between Lycos Inc. and Singapore Telecommunications Singapore Telecommunications Limited (SGX: T48, ASX: sgt) (commonly abbreviated as SingTel) and formerly known as Telecom Equipment, is Singapore's largest telecommunications company. Ltd. It was formed in September 1999 to jointly deliver localized versions of Lycos.com, Tripod, Mailcity and other services to more than 10 markets. LycosAsia provides leading Web search and navigation, communication and personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. tools, homepage building and Web community services. Each portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. contains local content and is presented in the principal language of the local market. The current sites in operation include Singapore, Malaysia, Hong Kong, Taiwan, China, India, Indonesia and the Philippines. More localized sites will be launched later this year. About BskyB British Sky Broadcasting is a leading provider of sports, movies, entertainment and news to more than 9 million households throughout the UK and Eire. The launch of the UK's first digital television service, Sky digital, on October 1, 1998, signaled the start of a new era in British broadcasting, with new features including TV-based interactivity and enhanced channels. It remains the fastest, most successful rollout of any digital TV service in Europe, attracting 4.08 million customers by the end of September 2000. Sky is also delivering on its promise to make its compelling content available to consumers at all times -- whether they are at home or on the move. The company provides sports, entertainment and breaking news via mobile phones, personal digital assistants and portals, including sky.com and skysports.com, which have combined monthly page impressions totaling over 75 million. Further information about Sky can be found on the web at http://www.sky.com/corporate. This press release contains statements of a forward-looking nature relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future events of future financial results of IDEAglobal.com. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In calculating such statements, investors should specifically consider various factors which could cause actual events or results to differ materially from those indicated from such forward looking statements. |
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