BRIDGE, Weigel Broadcasting Form WebFN.com to Create Streaming `Financial Super Station'; Venture to Produce and Broadcast Internet Network and Television Programming.

Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 3, 2000

Bridge Information Systems, the largest financial information services provider in North America, and Weigel Broadcasting Co., one of the nation's oldest financial broadcasters, announced today a partnership to form WebFN.com, LLC. WebFN will focus on the creation and dissemination of digitally delivered financial video news.

BRIDGE and Weigel also announced the appointment of Bob Reichblum as Chief Executive Officer of WebFN. Reichblum previously served as Vice President for prime-time programming at CNBC and has held a number of other senior management and producing positions in broadcasting including Executive Producer of Good Morning America.

WebFN will offer both a continuous global financial news telecast and video on demand, combined with an array of investment tools. WebFN will feature a multi-screen format, connecting anchored video reports, text updates and archived information. Distribution will be through traditional broadcast channels and new media, as well as through BRIDGE and its Telerate affiliate.

&uot;BRIDGE has the most comprehensive market data and news offerings bundled with the infrastructure and technology to power this initiative,&uot; said Thomas M. Wendel, Chairman and CEO of BRIDGE. &uot;Coupled with Weigel's experience as a financial broadcaster, WebFN will be armed with formidable resources.&uot;

&uot;The opportunity to redefine the way financial video is produced and consumed is truly exciting,&uot; said Bob Reichblum, CEO of WebFN. &uot;BRIDGE and Weigel provide all the essential ingredients to build a compelling offering for the broadband environment.&uot;

&uot;Together we have created WebFN in response to the needs of consumers, institutions and broadcasters for streaming video financial content,&uot; said Angus Robertson, Executive Vice President of BRIDGE. &uot;We are very fortunate to have Bob Reichblum, with his impressive track record at the highest levels of broadcast production, to lead this new enterprise. In addition to Weigel's resources, Bob and his WebFN team will have access to the network of 600 BridgeNews professionals in over 100 locations to help drive this multi-media offering to the forefront of web-based financial broadcasting.&uot;

About BRIDGE

BRIDGE, together with its principal operating units, Bridge Information Systems, Telerate, BridgeNews, and Bridge Trading is the largest provider of financial information and related services in North America -- and one of the fastest growing in the world.

BRIDGE information products include a wide range of workstations, market data feeds and web-browser-based applications, combined with comprehensive market data, in-depth news, powerful analytic tools and trading room integration systems. BridgeNews leverages a network of 600+ BRIDGE journalists in more than 100 locations that break news that affect securities markets globally. BRIDGE is the co-producer of the Nightly Business Report and is a leading provider of financial news and information to media companies worldwide.

BRIDGE, with 5000+ employees worldwide, and over a quarter of a million users in over 65 countries, is headquartered in New York City with the BRIDGE Trading and Technology center in St. Louis, and major regional centers in Europe, the Middle East, Africa, and the Pacific Rim. For more information visit the BRIDGE web site at http://www.bridge.com.

About Weigel

Weigel Broadcasting Co., headquartered in Chicago, owns nine broadcast stations in four markets including the CBS and Telemundo affiliates in Milwaukee, the ABC, UPN and Warner Bros. affiliates in South Bend and independent WCIU in Chicago. Weigel's stations cover approximately four-and-a-half percent of the U.S. population. Weigel is also one of the nation's oldest financial broadcasters. Its locally produced Stock Market Observer is the nation's longest running financial news program. Broadcast from Chicago, The Stock Market Observer extends its coverage to a four-state area and is carried on cable in approximately two million households.

Weigel's CBS affiliate, WDJT, began local news in 1996, and was the first station in the country to integrate Avid's complete digital news room computer system from the desktop to on-air stories, and won the Associated Press Award for best newscast in Milwaukee in 1998. Weigel's ABC and UPN affiliate was one of the first in the country to be run remotely with the broadcast signal sent via fiber optic from Chicago to South Bend. In the last several years, Weigel has won a number of awards for its productions and public service including Midwest Emmys, various Wisconsin awards for news and public service, and was a finalist for a National Emmy.