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AltaVista Delivers Financial Data From Hoover's and Zacks; New Strategic Alliances to Provide Comprehensive and Up-To-Date Investment Information through AltaVista Finance Channel.


PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif.--(BUSINESS WIRE)--Sept. 9, 1999--

AltaVista Company, the premier new media and commerce network and top 10 Internet site at http://www.altavista.com, has formed strategic alliances with market-leading financial information providers Hoover's Inc. (Nasdaq:HOOV) and Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
.

Both organizations will integrate their content with AltaVista Finance, a channel that provides fast, comprehensive access to financial information and services that allow users to make the most of their investing dollars at http://finance.altavista.com.

"These strategic alliances further fulfill our promise by offering the most robust content in the online finance category," said Ross Levinsohn Ross Levinsohn is the former President of Fox Interactive Media, the Internet and New Media arm of News Corporation, where he reported directly to Rupert Murdoch and News Corp. President Peter Chernin. , vice president and general manager of new media for AltaVista Company. "Now, users can obtain through AltaVista the additional financial data that is critically important when evaluating investment opportunities and decisions."

Hoover's Inc.

Hoover's, a Web-based provider of business information and the publisher of Hoover's Online, now provides AltaVista users with accurate and timely information about the world's largest, most influential and fastest-growing public and private enterprises. AltaVista Finance integrates Hoover's Company Capsules, which contain company descriptions, financials and key competitors for approximately 14,000 public and private enterprises worldwide. It also features Hoover's Industry Snapshots, covering current events, the history and glossary of terms among 45 industries.

"Hoover's has achieved a reputation for providing accurate, relevant and reliable business information to consumer markets via the Web," said Patrick Spain, Hoover's 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. . "Through our alliance with AltaVista, Hoover's will continue its goal to bring the highest quality business information to new audiences through the millions of AltaVista users."

Zacks Investment Research

Zacks Investment Research, a full-service quantitative research Quantitative research

Use of advanced econometric and mathematical valuation models to identify the firms with the best possible prospectives. Antithesis of qualitative research.
 firm, provides earnings estimates, research and fundamental data from 245 Wall Street brokerage firms to AltaVista users. Zacks offers relevant financial information designed to give all levels of investors the tools necessary to make well-informed investment decisions. When users enter a ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 on AltaVista Finance, they are able to access company information compiled by Zacks, including a Company Snapshot, Detailed Research and Research Abstracts.

"Zacks' commitment to providing timely, accurate estimates and reported earnings data has revolutionized the way the finance industry delivers information to investors," said Evan Rullman, executive vice president, strategic partnerships at Zacks Investment Research. "By offering this information to AltaVista's user base, we are continuing our mission to provide individual investors with access to research information previously available only to institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
."

AltaVista Finance Channel

AltaVista Finance delivers the most relevant, personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 financial information to users with speed, convenience and ease-of-use. AltaVista Finance offers one-click access to an array of financial information, including stock quotes, portfolio tracking, market information, investment tools and education sources, as well as important financial and business news and commentary from prominent partners. In addition to Hoover's and Zacks, AltaVista Finance uses advanced technology to bring together "best of breed" finance content in a single resource through leading sources, such as Raging Bull, CBS (Cell Broadcast Service) See cell broadcast.  MarketWatch, Reuters, PR Newswire This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
, and BusinessWire, among others.

Another of its prominent features is a front page display that provides immediate access to timely information and developments about initial public offerings (IPOs) -- critical news for those who follow emerging players in technology markets. True to the AltaVista brand, the AltaVista "Snapshot" feature provides one-click access to in-depth stock quote information, performance charts, research summaries, earnings reports, and recent news, all viewed on a single page.

About Hoover's

Hoover's is a Web-based provider of business information and the publisher of Hoover's Online (http://www.hoovers.com). At the core of Hoover's is a database of company information covering the world's largest, most influential and fastest-growing public and private enterprises and the industries in which they operate. Hoover's accurate, timely information is designed to provide reliable answers to the questions of the businesspeople, academics and investors who visit Hoover's Online and the more than 30 other Internet and online services through which Hoover's Company Information is available.

About Zacks

Zacks Investment Research, Inc. is a privately owned 250 person firm that provides individual and professional investors with weekly summaries and value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 analyses of the research produced by the US brokerage industry. Each week, Zacks evaluates over 15,000 changes in EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format.  estimates and stock recommendations made by the 3,000 stock analysts employed by 230 US brokerage firms. This monumental flow of price driving information is used to produce the Zacks Rank and 35 print, software, On-line, and fax services subscribed to by hundreds of thousands of individual investors, retail brokers, equity traders, portfolio managers, buy side analysts, and investor relations Investor relations

The process by which the corporation communicates with its investors.
 managers worldwide.

About AltaVista Company

AltaVista Company is the premier online media and commerce network. The company integrates unique Internet technology and services to deliver relevant results faster for both individuals and Web-based businesses. By combining distinctive AltaVista brand services with "best of the Web relationships," the AltaVista Network creates the most satisfying Internet experience. AltaVista is building on its heritage of technology and innovation leadership, offering award-winning services including: My AltaVista, AltaVista Finance, The AltaVista MicroPortal combined with FreeAccess service (http://www.microav.com), AltaVista Search, AltaVista Local Portal Services, and AltaVista's Shopping.com. For more information, visit AltaVista at http://www.altavista.com. AltaVista is a majority owned operating company operating company

A business that engages in transactions with outsiders.
 of CMGI CMGI Commonly Maintained Grounds Infrastructures
CMGI College Marketing Group Information (Services) 
, Inc. (Nasdaq:CMGI), Andover, Mass. Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.

Quarterly sales $2499M, profits $210M (Aug 1994).

http://compaq.com/.
 holds the remaining minority stake in AltaVista.

AltaVista and Zip2 are registered with the U.S. Patent and Trademark Office. Shopping.com and Homebase are trademarks of AltaVista Company or its affiliates. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 9, 1999
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