CSK Software Announces Plans to Develop News-Enabled Application Based on Desktop Data's NewsOBJECTS Technology.NEW YORK--(BUSINESS WIRE)--Oct. 10, 1997--CSK Software today announced development plans to use Desktop Data, Inc.'s NewsOBJECTS technology to integrate real-time news delivery into +Arena 2.2, the financial desktop for 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. and financial information workstations running Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. NT. NewsOBJECTS enables fully-customizable, plug-and-play integration of NewsEDGE news profiling and searching into any Java, HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. or ActiveX-aware component. As a charter member of Desktop Data's Alliance Partner Program, CSK Software can facilitate delivery of customized real-time news and business information as an integral and context-sensitive part of +Arena's core application, further leveraging the business value provided to competitive enterprise organizations. "+Arena is built as a powerful core application that can house or link to the greatest variety of objects used on trading floors today, and its ability to integrate with NewsOBJECTS is a significant enhancement to real-time enterprise computing," said Paull Robathan, executive vice president of product strategy at CSK Software. "NewsOBJECTS is helping to keep CSK Software on the leading edge of technology innovation," said Cliff Pollan Pol´lan n. 1. (Zool.) A lake whitefish (Coregonus pollan), native of Ireland. In appearance it resembles a herring. , vice president of sales, marketing and customer support for Desktop Data. "We're glad that CSK Software has recognized the power of integrating real-time news into its product, and that they've elected to partner with Desktop Data to add this value for their customers." About Desktop Data Founded in 1988, Desktop Data, Inc. (http://www.desktopdata.com) is the independent leader in enterprise delivery of real-time news and information. Desktop Data operates as a value-added news integrator to organizations. The company's unique combination of diverse, authoritative content, innovative on-line delivery technologies, and customization and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services empower its clients to transform news and information into a centrally-managed, competitive business resource. Desktop Data's flagship product, NewsEDGE, is used by over 150,000 business professionals in nearly 400 corporations, financial institutions, and government offices worldwide, who receive it over their corporate intranets. Desktop Data is headquartered in Burlington, Massachusetts, with sales offices throughout North America and Europe. About CSK Software CSK CSK see chronic superficial keratitis. Software's primary business is providing customized financial systems for investment banks, commercial banks, securities companies, insurance companies and large multinational financial firms. 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 , CSK Software focuses its solutions on reducing operating costs, minimizing risk and improving profitability and competitive advantage for its clients. Among its products are +Arena, an open platform for building the next generation of financial desktop systems; Slingshot (networking, business, tool, product, protocol) Slingshot - CSK Software's real time financial server for the Internet. Slingshot allows the delivery of real time market data across the Internet and private intranets quickly, cheaply and securely. , a Web-based agent for delivering and publishing data in real time; and a range of solutions that address real-time credit and market risk, and operational efficiency. CSK Software is the global financial information technology solutions arm of CSK Corporation (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 ADR ADR - Astra Digital Radio stock symbol:CSKKY), which is based in Tokyo. Additional information on CSK Software is available on the World Wide Web at www.csksoftware.com CONTACT: Spring, O'Brien & Co. (for CSK Software) Procter Lippincott, 212-620-7100 x228 (New York) procter@spring-obrien.com OR Lois Paul & Partners (for Desktop Data) Joanna Eastman, 617/238-5718 joanna_eastman@lpp.com |
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