Dale Richards to Head FAME's New Financial Markets Division.NEW YORK--(BUSINESS WIRE)--Nov. 15, 1999-- Richards Leads FAME's Financial Customers Into E-Data Frontier FAME Information Services, Inc., the pre-eminent provider of historical data and intra-day information management solutions, announced today the appointment of Dale Richards to Executive Vice President of the firm's Financial Markets Division. Richards' appointment spearheads FAME's reorganization into two vertically-oriented business units, Financial Markets and Energy. "Dale's appointment is the first step in solidifying FAME's new market-oriented strategy," says FAME 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. Gerald D. Mintz. "His deep and broad knowledge of information technology in the financial markets will be invaluable in helping our customers achieve their business goals." In his new role, Richards will drive FAME Financial Markets' efforts to seek new business opportunities for our customers to provide value-added e-business services to their customers. "Our financial services customers are now clearly in the information business. As experts in information management and with new OpenFAME Web-enabled Java tools such as TimeIQ, we can help our customers gain a significant competitive edge in the e-business world," Richards explains. "Our customers are developing portals and applications to service to their customers. Using the power of FAME's industrial strength information management and analysis platform we can help our customers dramatically enhance their e-presence value-add. We see ourselves becoming their e-data partner, enabling them to use FAME in ways they never thought of before. FAME's traditional expertise and new focused market strategy coupled with open Web-enabled tools implemented in Java will dramatically reduce our clients' time to market. We are offering customized end-to-end solutions that blend technology prowess with business savvy to help get customers where they need to be-fast." Richards joined FAME in 1998 when it acquired Benton Associates, a consulting company that he founded in 1991 and served as CEO for until the acquisition. Prior to founding Benton, Richards was director of business development and marketing for Algorithmics, Inc. He joined Algorithmics having held several senior positions with Reuters, including manager of global strategic accounts and national sales manager of historical data and consulting. Prior to Reuters, Richards was senior product manager for Interactive Data Corporation and consulting manager for a small, private mathematical modeling specialty firm. About FAME Information Services, Inc. FAME Information Services, Inc. is the pre-eminent provider of historical information solutions for storing, analyzing, and publishing large volumes of time-oriented corporate, economic, and financial market data. In addition to its software, FAME offers its clients one-stop data delivery solutions for over 50 commercial database providers, such as IDC/Extel Pricing, Standard & Poor's DRI See Digital Research. and Compustat, Primark's Worldscope, Disclosure , and I/B/E/S International, and Thomson Financial Services' First Call Corporation. FAME software is made available on Microsoft (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 :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 UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). platforms including Sun Microsystems (NASDAQ:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ), IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE NYSE See: New York Stock Exchange :IBM), and Hewlett Packard (NYSE:HWP HWP Height (and) Weight Proportionate HWP Half-Wave Plate HWP Highway Patrol HWP Height Weight Proportional HWP Hewlett-Packard Corporation (stock symbol) HWP Hydrolyzed Whey Peptides ). FAME supplies technology, data integration, applications, and consulting services to more than 500 clients in 40 countries. FAME provides technology and consulting through Benton Associates and energy information solutions through Saladin. FAME sales and support offices are in New York, London, Toronto, Walton-on-Thames, Boston, Frankfurt, Hong Kong, Houston, Princeton, San Francisco, and Singapore, with development and operations in Ann Arbor, MI and Livingston, NJ. For further information about FAME products and services, please contact: Dale Richards at 212-506-0300 or visit FAME's Web site at http://www.fame.com For information on FAME subsidiaries, please visit Benton's Web site at http://www.benton.com and Saladin's Web site at http://www.saladin.com. The following are FAME partners and/or data providers: Primark Corporation (NYSE: PMK), SunGard Data Systems Inc. (NYSE:SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ), The McGraw-Hill Companies (NYSE:MHP), Thomson Financial Services (Toronto:TOC), Reuters Holding PLC (Nasdaq:RTRSY), Oracle Corporation (Nasdaq:ORCL ORCL Oracle (stock symbol) ), Sybase Inc. (Nasdaq:SYBS). |
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