Braindock Partners With GlobalNetFinancial.com for Mobile Software Downloads.Business Editors NEW YORK--(BUSINESS WIRE)--June 19, 2000 Financial portals to sell and deliver software directly to users through BrainDock technology BrainDock.com Inc. (LSE LSE - Language Sensitive Editor :BRC BRC Black Rock City (Burning Man) BRC British Retail Consortium BRC Business Resource Center (Small Business Administration) BRC Bisexual Resource Center BRC Black Radical Congress ), the digital distributor of software for the mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. , announced today that it has signed an agreement with GlobalNetFinancial.com (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 : GLBN, LSE: GLFA), the international financial portal, that will enable its users to download software to mobile devices and handheld computers. Under the terms of the agreement GlobalNet, which provides online financial news, content and transaction execution services, will be able to enhance the breadth of its services by offering visitors to its high traffic sites the means to buy and download mobile software titles. BrainDock.com will provide the e-commerce technology, infrastructure and transaction support to GlobalNet behind its expanding family of financial portals. Mobile software titles will be stored in BrainDock's digital warehouse and downloaded to site visitors' mobile devices once a purchase is made through one of GlobalNet's portals. In the three months to March 2000, these portals attracted 58 million page views - an increase of some 120 percent over the previous quarter. "This agreement further expands the BrainDock network and provides mobile software developers additional, valuable channels to market through prestigious and popular financial portals," said BrainDock.com 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. Jonathan Glaser. "Users of mobile devices are increasingly looking to download applications from the Internet rather than buy them in stores. The millions of GlobalNet visitors will now be able to download these applications directly." GlobalNet's sites include UK-Invest.com, the exclusive money channel at Freeserve. Other financial portals in the global group are America-iNvest.com, Italia-iNvest.com, Neder-iNvest.com, Danmark-iNvest.com, Fr-iNvest.com, SolBors.no and Canada-iNvest.com. Paul Steinberg, UK-Invest director of business development, said of the alliance, "We continually seek to provide added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
In addition to enabling software downloads to mobile devices and handheld computers, BrainDock is preparing to deliver this service to the next generation of smart mobile phones, as they become available. About BrainDock.com BrainDock.com Inc. is a digital distributor of software for the mobile technology sector, facilitating the purchase and download of mobile software titles via the Internet. BrainDock provides end-to-end ecommerce solutions to a global network of software e-tailers (online resellers) and software publishers, offering digital rights management, data warehousing and transaction processing services. BrainDock is positioned to deliver digital content and services to Smart Phones and WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. mobile phones via the mobile Internet. The company has established strategic partnerships with mobile technology leaders such as Symbian Ltd, Psion plc and Palmtop palmtop or hand-held personal computer, lightweight, small, battery-powered, general-purpose programmable computer. It typically has a miniaturized full-function, typewriterlike keyboard for input and a small, full color, liquid-crystal display Software Ltd. Headquartered in 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 , BrainDock was spun out of New World Technologies (NWT NWT or N.W.T. abbr. Northwest Territories NWT Northwest Territories (of Canada) ) in March 1999, benefiting from over 8 years of experience and key business relationships. BrainDock had its debut on the Alternative Investment Market of the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. on June 12, 2000. For more information visit www.braindock.com. About GlobalNetFinancial.com GlobalNetFinancial.com is a rapidly expanding international financial portal providing online financial news, investment tools and transaction services. GlobalNet is leveraging its highly trafficked websites by partnering globally with leading ISP's and Internet portals, direct access share trading companies and other brokerage and clearing firms to create an international network of online transaction businesses dealing in North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and European stocks, foreign exchange and other financial services such as insurance. GlobalNet owns substantial stakes in these transaction businesses. The Company is 21 percent owned by strategic partners. GlobalNet's shares are traded on both the NASDAQ National Market System and on the Alternative Investment Market of the London Stock Exchange, following a highly successful placing and UK public offer in December. GlobalNet's family of Money & Finance websites include UK-iNvest.com, America-iNvest.com, Deutsche-finanzmarkt.com, Italia-iNvest.com, Neder-iNvest.com, Danmark-iNvest.com, Globalnetrader.com, MatchbookFX.com, InsuranceWide.com, UK-Wire.com and FR-iNvest.com. For more information visit www.globalnetfinancial.com |
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