COMTEX Announces New Application to the News Solutions Product Line; NewsDesk Application Provides More Options and Flexibility to Editors.Business Editors/Hi-Tech Writers ALEXANDRIA, Va.--(BUSINESS WIRE)--July 25, 2001 COMTEX News Network, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CMTX CMTX Charcot-Marie-Tooth Disease, X-Linked ) today launched NewsDesk, an editor's tool kit application available as part of the News Solutions product line. NewsDesk is a state-of-the-art application created to enhance the customer's ability to perform specialized filtering, targeting, customization and delivery of content. NewsDesk puts the controls in the hands of the COMTEX customer. The NewsDesk application delivers News Solutions(R) users with four new enhanced options: -- Provide an "E-mail this story" hyperlink -- Rank appearance of stories in order of relevance to them -- Select specific stories to be displayed -- Choose the location within the Web site where both headlines and new stories will be displayed "COMTEX is committed to delivering new, revolutionary products and services to the industry," said Charles Terry, 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 COMTEX. NewsDesk is another example of COMTEX innovation." "News Solutions was developed for businesses who needed to provide content to their customers, but may not have the technical resources to do so. The NewsDesk application grants customers an additional level of control over the content, as well as the look and feel of their Web sites while still maintaining minimal technical requirements." continued Terry. The News Solutions product line instantly creates content communities on a Web site by simply cutting and pasting a few lines of News Solutions generated code provided by COMTEX. Users are not required to develop content databases or cost prohibitive pro·hib·i·tive also pro·hib·i·to·ry adj. 1. Prohibiting; forbidding: took prohibitive measures. 2. infrastructure. News Solutions includes four different filtering and search functions that utilize COMTEX' proprietary taxonomy taxonomy: see classification. taxonomy In biology, the classification of organisms into a hierarchy of groupings, from the general to the particular, that reflect evolutionary and usually morphological relationships: kingdom, phylum, class, order, and metadata including U.S. stock ticker Stock ticker A letter designation assigned to securities and mutual funds that trade on US financial exchanges. symbols and standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. keywords, ultimately enabling end-users to receive relevant news and information. COMTEX News Network, Inc. COMTEX News Network, Inc. (OTC BB:CMTX), a full service, business-to-business infomediary (INFOrmation interMEDIARY) An information provider that gathers content from several sources and functions as a data aggregator for a target audience. , aggregates and redistributes diverse, real-time global news and information to resellers in the Internet, Wall Street and corporate markets. COMTEX' innovative technology gathers nearly 20,000 stories a day from over 10,000 diverse, global sources to create its subject-specific, value-added headline and vertical-market news products for distribution to over 1100 information services See Information Systems. and re-distributors throughout the world, reaching millions of end users. COMTEX' products include CustomWires(R), Newsroom Enhanced Products, News Solutions, Publisher Full-Feeds and Processing Services. Located in Alexandria, VA, COMTEX can be found on the World Wide Web at http://www.comtexnews.net. Note: All product and company names may be trademarks or registered trademarks of their respective holders. Except for the historical information contained herein, this press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. including those about COMTEX' anticipated financial performance for the 2001 fiscal year, demand for the company's products, performance of the sales force, customer retention, etc. These statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the fact that COMTEX is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the Company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological and other risks, costs and delays associated with the start-up and operation of major capital projects, changing governmental regulations and other risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. COMTEX undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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