DOCUPRO INC. AND PAGING PARTNERS CORPORATION SIGN MEMORANDUM OF UNDERSTANDING FOR FINANCIAL NEWS PRODUCTS.NEW YORK--(BUSINESS WIRE)--April 27, 1995--DocuPro, Inc., a privately-held, Bethesda, MD-based company and leading provider of financial quotes and news to the professional markets, today announced a signed Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. with Paging Partners 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 : PPAR PPAR Peroxisome Proliferator Activated Receptor PPAR Physical Partitions , PPARU, PPARW, PPARZ) to commence negotiations regarding the joint development of new financial news products for transmissions over Paging Partners' existing Northeast Corridor This article is about a rail line. For the agglomeration of metropolitan areas, see BosWash. For the New Jersey Transit line, see Northeast Corridor Line. The Northeast Corridor (NEC wireless data network. DocuPro's current F/X F/X Effects Alert financial quote and news monitoring service, provides information on foreign exchanges, international fixed income, derivatives and commodities markets 24 hours a day. This agreement with Paging Partners Corporation allows DocuPro and Paging Partners to develop products which will eventually meet technology needs for both companies and their customers. Peter Kibler, President of DocuPro, said, "Working with Paging Partners is allowing us to broaden our information coverage and product scope and emerge into more geographical areas with our F/X Alert service as well as broadening our base of clients. We are very impressed with Paging Partners' superior wireless messaging services and are anxious to begin working with them and developing products together." DocuPro, Inc. is the leader in wireless information services See Information Systems. , providing 24-hour coverage of real- time prices of over 150 key financial instruments on a variety of markets. The Company developed and presently markets and sells an advanced financial monitoring service, F/X Alert. CONTACT: Peter Kibler, Pres. DOCUPRO, Inc. 301/951-1733 or Richard J. Giacchi, Pres. PAGING PARTNERS CORP. 908/409-7088 or Gordon H. Wolfe Jennifer Hendrickson Mona J. Walsh WOLFE AXELROD ASSOCIATES 212/370-4500 |
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