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Continuous, Wireless Personal Stock Tracking for PC Users Introduced by AirMedia Live.


LOS ANGELES--(BUSINESS WIRE)--March 12, 1997--

True Push Technology Expedites Stock Prices and Financial

News Alerts to Desktop Computers for $9.95 Per Month

Without a Modem or Phone Line

AirMedia, Inc. announced today the release of its Personal Portfolio, a breakthrough new application for the AirMedia Live Internet Broadcast Network. Personal Portfolio is a small, powerful application that listens to the constant, near-real-time broadcast of financial information from the AirMedia Live wireless network. It delivers stock prices, alerts to changes in price levels and late-breaking news customized to reflect the investment portfolio of individual subscribers.

"AirMedia Live's Personal Portfolio service expedites financial information to the individual investor more effectively than any other technology," said David S. Rose For other persons named David Rose, see David Rose (disambiguation).
David S. Rose (1856 – 1932) was an American politician and was twice elected mayor of the city of Milwaukee, Wisconsin serving from 1898 to 1906 and from 1908 to 1910.
, AirMedia's Founder and Chairman. "It constantly monitors a subscriber's portfolio in the background, using optional audio and visual alerts to signal price changes without the user ever having to go on-line to check. AirMedia Live puts knowledge at the fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States.  of individual investors and provides them with the kind of instant information tools that professional traders use, but at a fraction of the cost.

"Personal Portfolio is an extension of AirMedia's collaboration with Quote.com, one of the most successful and fastest-growing information providers on the Internet. "Quote.com is the leading provider of financial information to Internet users. Through our partnership with AirMedia, we are able to extend the full reach of our services in near-real time to the 70% of Internet users who connect with a modem and are offline most of the day," said Chris Cooper Famous people called Chris Cooper include:
  • Chris Cooper (actor) - American actor
  • Chris Cooper (football player) - NFL player
, Founder of Quote.com. Founded in 1993, Quote.com operates on the Internet at http://www.quote.com.

Once the application is set up, it operates in the background or foreground according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the user's preference, maintaining a constant snapshot of the investors portfolio and monitoring the rise and fall of the price of each security. The information arrives through an inexpensive wireless receiver such as the Global Village NewsCatcher(R) (widely available for under $99.00), even when the subscriber's modem is not connected and tying up a phone line. High and low price thresholds can be entered to activate multimedia buy and sell alerts which are monitored throughout the day.

When an alert signals a change in an issue's price, a single click on that security in the portfolio launches an online session via the user's regular Internet Service Provider Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
 and executes a search of all pertinent breaking news and announcements regarding that issue from sources including the Reuters Securities feed (2,500 stories daily), Newsbytes, PR Newswire This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 and Business Wire. Another click takes the user directly to his or her online broker's Web site for instant execution of a buy or sell order.

Personal Portfolio is available immediately as a free upgrade to all current AirMedia Live subscribers, and can be downloaded from AirMedia's Web site at http://www.airmedia.com.

AirMedia wireless service, including Personal Portfolio and expedited news delivery from more than 40 other sources, is available for only $9.95 per month, providing a 24-hour-a-day connection to the wireless network which delivers news, prices, sports scores, E-Mail alerts and more. Receivers for the AirMedia network, such as the Global Village NewsCatcher(R), plug into the serial port on any Windows 95 compatible PC. Global Village Communication (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
: GVIL) is a leading licensee and manufacturer of technology for the AirMedia network, and NewsCatchers are available widely at computer and consumer electronics retail stores, as well as from AirMedia.

AirMedia Live represents the only true push delivery method among the many applications being marketed today as push technology. Information is received as it happens by powerful Internet servers in AirMedia's Network Operations Center See NOC.

Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems.
 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.
. Within seconds, it is beamed up to a satellite which delivers the information to local broadcast towers covering 90.5% of the population of the US. These towers push the information instantly through the last mile to the desktop of AirMedia subscribers in small offices, home offices, homes and to telecommuters and mobile workers across the country.

Popular Internet content providers, online services and ISPs who have teamed with AirMedia to provide real-time delivery of breaking news, sports, weather, stock information and E-Mail alerts include CNN CNN
 or Cable News Network

Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world.
 Interactive, The Weather Channel, Reuters, SportsLine USA, LottoWorld Magazine, Freese-Notis - Weather, MovieLink, COMTEX Information, Service, Business Wire, PR Newswire, Ziff-Davis Wire Highlights, Knight-Ridder/Tribune Business News, The Sports Network, TravelGram, Yoyodyne Entertainment, America Online See AOL. , CompuServe, EarthLink and Sprynet.

In a separate announcement at the Spring Internet World trade show today, Microsoft (NASDAQ MSFT MSFT Microsoft (stock symbol)
MSFT Movimento Sociale Fiamma Tricolore (Italy)
MSFT Multi-Stage Fitness Test
MSFT Master of Science in Family Therapy
MSFT Macalester Students for Fair Trade
) and AirMedia announced the integration of AirMedia technology and wireless services, including the new Personal Portfolio, into Microsoft's Internet Explorer Microsoft's Web browser, which comes with Windows starting with Windows 98. Commonly called "IE," versions for Mac and Unix are also available. Internet Explorer is the most widely used Web browser on the market. It has also been the browser engine in AOL's Internet access software.  4.0 and the Active Desktop.

AirMedia Live was awarded the prestigious "Editors Choice" by PC Magazine in its February 18 issue which rated more than a dozen providers of "push" information delivery technology. It was chosen as a finalist by the Software Publishers Association for "Best New Product of the Year" and was a winner of the Innovations '97 Award at this years Consumer Electronics Show. It also won New Media Magazine's 1996 Gold Medal gold medal

traditional first prize. [Western Cult: Misc.]

See : Prize
 Invision Award for technical innovation and creative excellence in interactive multi-media, and was honored as a Premiere Product at InfoWorld's highly respected Demo '96 conference.

AirMedia, Inc. is the operator of the AirMedia Live Internet Broadcast Network and is a leading provider of Internet software and services. The privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 develops and markets products and broadcast services that merge computing and wireless communications technologies. It was recently named one of the 100 most important wireless companies by Mobile Letter, the influential industry publication. More information is available at http://www.airmedia.com .

The company is also the leading provider of software solutions for paging, broadband and narrowband personal communications systems (PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. ) and digital cellular networks through its Notify! Products Group. Its products are sold directly, in the computer and office products retail channels and through OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  relationships with companies such as Intel, Motorola, Glenayre Technologies, Apple Computer, Hewlett-Packard, Global Village Communication, VoiceStream/Western Wireless, PCS PrimeCo, Bell South, Symantec, GTE GTE General Telephone & Electronics
GTE Génie Thermique et Énergie (French)
GTE Gas Turbine Engine
GTE Global Tropospheric Experiment
GTE Geothermal Energy
GTE Gas Turbine Efficiency plc (Sweden & USA) 
, Bell Atlantic/NYNEX, Pacific Bell and Sprint. More information is available at http://www.exmachina.com .

If you are interested in viewing additional information on AirMedia, please visit the AirMedia Web site at http://www.airmedia.com, or call 1-800-AIR-MEDIA (1-800-247-6334).

EDITOR'S NOTE: For information on AirMedia Live, your readers may visit the AirMedia Web site, http://www.airmedia.com, or call 1-800-AIR-MEDIA (1-800-247-6334). All trademarks and brand names are properties of their respective owners.

CONTACT: AirMedia, Inc.

Sandra Sick

714-737-5410 x251

sandras@exmachina.com

or

Technology Solutions, Inc.

Patricia Mozzillo

212-696-2000 x252

pmozzillo@tsipr.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 12, 1997
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