Counsel Connect and Quote.com team up to offer online news and financial information.NEW YORK--(BUSINESS WIRE)--March 12, 1997-- Web's Largest Online Service For Attorneys Adds Top Brand Financial Market News & Information Counsel Connect, the nation's leading online service exclusively for attorneys, and Quote.com, Inc. (http://www.quote.com), the leading Internet provider Internet provider - Internet Service Provider of financial market information for serious investors, have announced plans to jointly offer news and financial market data to Counsel Connect's more than 40,000 lawyer members. Counsel Connect members will have access to the Quote.com features later this month, when Counsel Connect moves from a system of proprietary technology to one based on standard Internet technologies and establishes its paid-subscription service on the World Wide Web at http://www.counsel.com. Through Quote.com, a leading provider of online financial market information, Counsel Connect members will have access to price quotations on more than 15,000 securities, including mutual funds. The Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Industrials, NASDAQ Composite The Nasdaq Composite is a stock market index of all of the common stocks and similar securities (e.g. ADRs, tracking stocks, limited partnership interests) listed on the NASDAQ stock market, meaning that it has over 3,000 components. It is highly followed in the U.S. , S&P 500, and other market indices will be included. The quotes, subject to a 15-minute delay, will include the opening price, high, low, last, price change, volume, bid, ask and the four most recent prices. Stock quotes will also include balance sheet data, including price/earnings ratio, yield, dividend and 52-week price range. Counsel Connect members will have the option of building personal portfolios so they can track the performance of their holdings. Quote.com will also provide Counsel Connect members with a full range of business, legal and general news from Reuters, Business Wire, 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 Newsbytes. Members will be able to search for articles on particular industries and companies. Counsel Connect members will receive the Quote.com stock and news package as part of their Counsel Connect subscription, which costs as little as $9.95 a month. In addition, members can sign up for additional Quote.com services at discounted rates. "We look forward to providing our members with access to Quote.com's financial and news offerings," says Mark Obbie, 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. , Counsel Connect. "Quote.com will be a strong feature of our service and is a great example of the kind of value we will provide our customers as we move to the World Wide Web." "We are delighted that Counsel Connect has chosen Quote.com as its source for timely financial information for the online legal community," says Noosheen Hashemi, vice president, marketing and business development, Quote.com. "Quote.com has become the standard offering for financial market news and information, and is the content provider to some of the largest Web sites on the Internet. We think our comprehensive content will meet the demands of the Counsel Connect subscriber, and provide them with the most in-depth coverage available on the Internet." One of the most successful subscription services on the Internet, Quote.com's subscriber base has grown steadily to more than 180,000. Quote.com has continually increased the number of features and offerings for its users, and partners, and recently enhanced its content-rich news with QNews, delivering personalized news from 500 leading sources through e-mail, or directly to the screen, live on the Web site (subscribers choose the method they prefer, and indicate a choice of full text, summary news article, or headlines only). Counsel Connect is in the process of migrating to a system based on standard Internet technologies. The new system, debuting this month, will enable all Counsel Connect members to access the service using a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. , rather than proprietary software. As a private subscription-based service, Counsel Connect's site will be secured with both passwords and encryption technology to preserve the privacy of Counsel Connect's lawyer-to-lawyer system. Because of the 4-year-old service's large installed base of members, Counsel Connect moves to the Web as one of the largest paid sites of its kind. About Counsel Connect Counsel Connect, a division of American Lawyer Media ALM (formerly American Lawyer Media), is a leading integrated media company, focused on the legal and real estate communities. ALM owns and publishes 33 national and regional magazines and newspapers focused on the legal and real estate communities, including , L.P., is an online communications and information service for lawyers. The service offers online discussion groups and seminars in more than 200 areas of law, personalized daily news reports, libraries of legal briefs Legal Briefs is an interactive television program aired on CablePulse24 and CourtTV Canada, hosted by Lorne Honickman, a lawyer and journalist, as he discusses the ins & outs of the Canadian legal system and provides free legal advice. and memos, Internet access See how to access the Internet. , and e-mail. Counsel Connect's World Wide Web site is located at www.counsel.com. About Quote.com Quote.com, Inc., founded in 1993, is a one-stop premier service for stock quotes; detailed market data on options; commodity futures; mutual funds, bonds; real-time business news, market analysis, fundamental financial (balance sheet) data, and company profiles. The Quote.com site provides state-of-the-art integration for tracking and gathering investment information for serious investors. Quote.com serves 180,000 registered users at its www.quote.com site, and hundreds of thousands of users through its network of affiliates and partners across the Internet. Key alliances include Charles Schawb, E-TRADE, Prudential Securities, Infoseek, Excite!, the Los Angeles Times Los Angeles Times Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name). , Netscape, PointCast and the 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 Times. Quote.com, Inc. is a privately-held company that is venture funded by Sequoia Capital Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. Corp., of Menlo Park Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , CA. Quote.com is based in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , and its services can be accessed via the World Wide Web at http://www.quote.com, by sending a blank e-mail to info@quote.com or by calling 408-327-0700. CONTACT: Rebecca Kramer/Lloyd Trufelman Trylon Communications, Inc., 212-818-9151 ltrufelm@counsel.com or Nola Armijo Jona Group, 415-552-1515 nola@jonagroup.com or Karen Steele Quote.com, 408-327-0700 karen@quote.com |
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