Bridge Announces Agreement With CNNfn.com; BridgeNews To Enhance CNNfn.com's Extensive Financial News Offerings.NEW YORK--(BUSINESS WIRE)--March 31, 1998--Bridge Information Systems, the world's fastest growing provider of financial information services See Information Systems. , announced today that it has reached an agreement with CNNfn to provide real-time financial news via BridgeFeedSM to its web site, CNNfn.com. The deal enables CNNfn to employ BridgeNewsSM, BRIDGE's proprietary news service, to complement the range of business news and free personal finance tools available on CNNfn.com. "We believe that the teaming of CNNfn and BRIDGE, two leaders in providing financial news and information, will provide CNNfn online users with superior financial news that is both informative and useful," said Craig Forman, Vice President of CNNfn Interactive. "CNNfn.com is one of the world's most popular web sites for financial information," said Tom Wendel, Chairman, President 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 BRIDGE. "Providing critical financial markets information to CNNfn is consistent with BRIDGE's strategy to be the "information chip" inside other company's Internet sites." "This agreement further establishes CNNfn.com as the pre-eminent world class site for financial information," said Tim Kelly Timothy Patrick Kelly (January 13, 1963 - February 5, 1998) was the guitarist for the band Slaughter. He was tragically killed in an auto accident in 1998. Jeff Blando replaced Kelly's guitar spot in Slaughter in 1998. , Senior Vice President of BRIDGE. "BRIDGE's Internet tool kit and data feeds (BridgeFeed) allows CNNfn.com to seamlessly integrate our world class information into their web site." Since 1953, BridgeNews has provided up-to-the-minute financial and commodity market news and analysis to banks, brokerage firms and other financial institutions, corporations, and government agencies. BridgeNews provides business professionals with financial news and analysis from more than 450 specialists in over 90 countries. CNNfn.com is the Internet's leading and most comprehensive source for business news and financial intelligence, averaging 50 million page views per month. The site is a companion to CNNfn, the financial network, which was the first network to launch simultaneously on television and the Web. CNNfn.com offers breaking business and financial news, as well as U.S. and international market reports, continuously updated stock quotes, and in-depth coverage of the technology sector, small business, and the economy. In addition, offerings like Quicken.com on fn, the Investment Tracker, and BizTravel, make CNNfn.com the complete source for free personal finance tools and services available on the Web. BRIDGE is a global market data company. Through its terminal and feed products it supplies over 75,000 users representing over 6,500 institutions, with information and news on equities, fixed-income, and technology center in St. Louis operates a broadband, state-of-the-art communications system In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. that collects and disseminates market data, news and applications to clients such as 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. , broker/dealers, exchanges, corporations, and state and local governments. BRIDGE is the co-producer of the Nightly Business Report Nightly Business Report is a financial news television program that is broadcast live, weekday evenings on most of the public television stations in the United States. Frequently abbreviated to NBR, the show is produced by public television station WPBT-TV in Miami, Florida, and and is a leading provider of news and information to media companies worldwide. BRIDGE is 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. with major regional centers in Europe, the Middle East, Africa, and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. and has news bureaus in over 90 locations around the world which report on market moving news. For more information, visit BRIDGE's web site at http://www.bridge.com. CONTACT: Bridge Information Systems, 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 Tim Kelly, (212) 372-7117 (212) 372-7148 (fax) tkelly@bridge.com |
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