COMTEX Partners With PR Line to Offer European Financial News; Extends News Infomediary's Global Reach.Business Editors/Hi-Tech Writers ALEXANDRIA, Va.--(BUSINESS WIRE)--Sept. 18, 2000 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 ) announced today it has signed an agreement with PR Line, a premier European-based online financial information service, to distribute financial activity information on companies listed on the Paris, Brussels, Madrid, Milan and Luxembourg exchanges. COMTEX will receive updated press releases, translated into English, delivering financial analysts, fund managers, journalists and individual investors the latest news from the European markets. COMTEX' future plans include adding PR Line's non-English offerings, including a selection of the day's top stories in French, Spanish and Italian, to COMTEX' product mix. COMTEX will distribute PR Line's news through a variety of products and services. Content will be carried through COMTEX' International, International Business and World Affairs Noun 1. world affairs - affairs between nations; "you can't really keep up with world affairs by watching television" international affairs affairs - transactions of professional or public interest; "news of current affairs"; "great affairs of state" CustomWires(R) that offer subscribers real-time, subject-specific news uniformly formatted and enhanced with stock ticker Stock ticker A letter designation assigned to securities and mutual funds that trade on US financial exchanges. symbols and keywords for easy data management. Select PR Line stories will also be available through COMTEX' Newsroom and Publisher Full-Feed products. "PR Line is excited to partner with an industry leader such as COMTEX," said Gerard Dogimont of PR Line. "PR Line news will be easily accessible to the financial analysts, fund managers, journalists and individual investors COMTEX reaches through its large and diverse distribution network." "PR Line's European-based financial information will strengthen our existing financial and global news offerings," 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. "This partnership reinforces COMTEX' commitment to provide customers with the most useful news, wherever and whenever it's reported." About PR Line (ubiqus) specializes in infosourcing - the generation of high-value business-to-business content that it produces or collects, and its subsequent generation over a variety of networks (Internet, Intranets). (ubiqus) relies on the know-how of its subsidiaries to generate content. Through PR Line, http://www.prline.com/main.asp, (ubiqus) has become the leader in France and Benelux in the collection of press releases issued by quoted companies. Its services allow major companies to maximize the effectiveness of their communication efforts. (ubiqus) entered the Paris Stock Market's Marche Libre in April 1999 and will be transferred to the Nouveau Marche Nouveau Marche An equity market unit of the Paris Bourse that deals solely in innovative, high-growth companies. in the second quarter of 2000. At that time, the Group will perform a capital increase in order to finance its development and become the standard on the European infosourcing market. About 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 1,400 diverse, global sources to create its subject-specific, value-added headline and vertical-market news products for distribution to over 750 information services See Information Systems. and re-distributors throughout the world, reaching millions of end users. COMTEX' products include CustomWires(R), Newsroom Enhanced Products, Newsroom Direct, Publisher Full-Feeds and Processing Services. Select publishers include All Africa, The Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. , Business Wire, Bridge Information Systems, Knight Ridder/Tribune, Newsbytes, ON24, PR Newswire Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , South American Business Information, The Sports Network, UPI UPI abbr. United Press International and Xinhua. 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. that 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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