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Bloomberg Financial Markets Delivers Financial Markets News and Information via AT&T Wireless Services New Cellular Phone.


KIRKLAND, Wash.--(BUSINESS WIRE)--April 28, 1997--AT&T Wireless Services and Bloomberg Financial Markets today announced that financial news and market updates will soon be available to users of the new AT&T PocketNet(TM) phone.

"In an environment where information providers look for faster, more convenient and effective ways to connect with their customers and extend their services, Bloomberg is constantly raising the bar," said Kendra VanderMeulen, vice president and general manager of AT&T Wireless Services, Wireless Data Division. "Combine the quality and depth of Bloomberg's information with the ease-of-use and immediacy im·me·di·a·cy  
n. pl. im·me·di·a·cies
1. The condition or quality of being immediate.

2. Lack of an intervening or mediating agency; directness: the immediacy of live television coverage.
 of the AT&T PocketNet phone, and you've got an indispensable tool for business professionals."

"The combination of Bloomberg's superior news and data and the functionality of AT&T's PocketNet service is the match that many consumers have been anticipating," said Elisabeth DeMarse, director of marketing at Bloomberg L.P. "Now the mobile institutional or consumer investor can have access to the information they value at any time on the go."

The AT&T PocketNet phone is an integrated cellular phone and wireless Internet appliance Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup.  that provides people on the go with fast and convenient access to Internet information and two-way messaging services.

In July 1997, PocketNet users will have quick, wireless access to specially formatted information hosted on the Bloomberg Online website at www.bloomberg.com . Using simple menu picks, they will be able to select and view daily financial, general, and company news; market index performance, including percentage change, volume and news summaries for the Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Industrials and S&P 500, NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 and other domestic and international indices.

All information will be formatted for real time delivery and viewing on the PocketNet phone via the AT&T wireless IP network. The AT&T PocketNet service can be used in more than 70 major metropolitan areas across the U.S.

"The AT&T PocketNet technology provides the best capability for linking our Bloomberg Online Information to a portable platform," said Jonathan Fram, director of new media for Bloomberg L.P. "In the landscape of wireless technologies, AT&T's wireless IP services fits with our distribution strategy."

"Bloomberg has one of the best defined strategies for delivering late-breaking financial information on the Internet," said Stephen Stribley, manager of strategic relations at AT&T's Wireless Data Division. "We are thrilled with the synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action.  we see in bringing wireless access to Bloomberg's research. Busy, mobile professionals and investors who need to stay on top of constantly changing financial conditions will be the real winners here."

The AT&T PocketNet phone is currently available to corporations directly from AT&T Wireless Services. The phone is slated for retail availability later in 1997. The phone sells for $549. An AT&T PocketNet service account, which includes access to Bloomberg Financial Markets information, costs approximately $40 per month, not including cellular voice service and activation costs. For more information, customers can contact AT&T Wireless Services Customer Support at (800) 552-3373.

This is another example of AT&T's commitment to focus on building long-term shareholder value by delivering innovative technology to better meet the needs of our customers.

About Bloomberg Financial Markets

Bloomberg Financial Markets provides multimedia, analytical and news services to more than 70,000 terminals at investment and securities firms in almost every country with significant capital markets or money management activities. Headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, Bloomberg's other interests include the nationally and internationally syndicated Bloomberg News Radio; Bloomberg Personal, a monthly magazine for the institutional investor 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.
; Bloomberg Small Business and Bloomberg TV airing on the USA networks USA Network is a popular American cable television network with about 89 million household subscribers as of 2005. The network shows a variety of original and second-run programming, from syndicated TV series to edited movies. ; Bloomberg Information Television, a 24 hour direct broadcast channel; and Bloomberg Business News, airing on public television stations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

About AT&T

AT&T Corp. is the world's premier communications and information services See Information Systems.  company, serving more than 90 million customers, including consumers, businesses and government. The company has annual revenues of more than $52 billion and 130,000 employees. It runs the world's largest, most sophisticated communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software.  and is the leading provider of long-distance and wireless services. AT&T operates in more than 200 countries around the world.

The company also offers on-line services and access to home entertainment, and has begun to deliver local telephone service. In addition, AT&T offers outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , consulting, systems-integration and customer-care services to large businesses and manages one of the world's largest credit card programs. -0-

NOTE TO EDITORS: PocketNet is a trademark of AT&T Corporation.

CONTACT: Bloomberg Financial Markets

Elisabeth DeMarse, 212/318-2024

edemarse@bny1.bloomberg.com

or

Brian Bailey This article or section resembles a .
Please help [ improve this article] by removing excessive trivia, irrelevant praise and criticism, lists and collections of links that are of .
, 212/843-9258

bbaile@rubenstein.com

or

AT&T Wireless Services

Brad Stevens Brad Stevens is the head men's basketball coach at Butler University. He took over the position vacated by Todd Lickliter in 2007. Head coaching record

Season Team Overall
Butler (Horizon League) (2007 — )
, 206/803-4020

brad.w.stevens@airdata.com

or

Jennifer Gehrt, 206/803-7976

jennifer.gehrt@airdata.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Apr 28, 1997
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