BridgeNews LiveWire - The Company News Service Tops 50,000 Professional Users; Prudential Securities Becomes Largest Client With 10,000 Users.Business Editors NEW YORK--(BUSINESS WIRE)--June 21, 2000--(SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor Booth No. 2201) BRIDGE Information Systems, Inc. (BRIDGE(R)) announced today that more than 50,000 financial professionals have adopted the BridgeNews LiveWire company news service in less than a year. Introduced in October 1999, BridgeNews LiveWire provides timely and comprehensive coverage of U.S. company news. Prudential Securities recently chose LiveWire as the primary source of company news in its retail brokerage offices, via BRIDGE's PowerPartner product. Prudential provided essential feedback to BridgeNews during the rollout, which included personal visits to more than 80 Prudential offices by BridgeNews managers, editors and reporters. This feedback led to several additions and improvements to the service, resulting in Prudential becoming the largest client of LiveWire with around 10,000 users. "Quick and timely information is essential to our business," said Bill Anderson, Chief Information Officer for Prudential Securities. "After thoroughly researching various providers of domestic news, we concluded that Bridge offered the most comprehensive and accessible source of this critical data." "We are delighted with the market's response to BridgeNews LiveWire," said Angus Robertson Angus Robertson, born 28 September 1969, Wimbledon, London, England, is a politician in Scotland. He is the Scottish National Party (SNP) Member of Parliament (MP) for Moray, Scotland, first elected in 2001. , BRIDGE Executive Vice President. "The success of LiveWire in such a short time showed the need for a comprehensive professional company news service delivered at a fair price. I am particularly gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that our strategy of developing news products in close cooperation with our clients has paid off. While we guard our editorial independence very carefully, we believe that the key to our success lies in encouraging our clients to work with us in developing services that meet their specific needs." Under the direction of Executive Editor Paul Lowe Paul Lowe' (born September 27, 1936 in Homer, Louisiana) is a retired American football running back who played for the Los Angeles/San Diego Chargers and Kansas City Chiefs of the American Football League from 1960 to 1969. and Managing Editor for Equities Dan Blake, BridgeNews has built a first-class company news staff of some 100 journalists. LiveWire also draws on the worldwide resources of hundreds more BridgeNews reporters and editors providing economic and other financial news and analysis. BridgeNews reporters make extensive use of data and tools from BRIDGE's extensive array of products, generating more than 4,000 LiveWire stories each day. Company news content from BridgeNews is also widely distributed Adj. 1. widely distributed - growing or occurring in many parts of the world; "a cosmopolitan herb"; "cosmopolitan in distribution" cosmopolitan bionomics, environmental science, ecology - the branch of biology concerned with the relations between organisms through web partners via the BridgeNews Business Bulletins service, delivering more than 1,000 company news stories each day. BridgeNews Bulletins has already extended the BridgeNews brand to additional millions of readers each day via the internet and intranet solutions. BridgeNews, the news-gathering arm of Bridge Information Systems, generates over 8,000 news items each day with its editorial staff of 600 in more than 100 locations around the world. BridgeNews delivers real-time, 24-hour coverage of the world's markets, including breaking news, analysis, statistics, forecasts, calendars and summaries. ABOUT BRIDGE BRIDGE, together with its principal operating units operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon , Bridge Information Systems, Telerate, Bridge Trading, e-Bridge and BridgeNews is the largest provider of financial information and related services in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. -- 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 The notion of "trading room" (sometimes used as a synonym of "trading floor", see below) is widely used in financial markets to refer to the office space where market activities are concentrated in investment banks or brokerage houses. 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 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 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 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 the BRIDGE Trading and Technology center in St. Louis, and 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. . For more information visit the BRIDGE web site at http://www.bridge.com. |
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