Data Broadcasting Continues to Execute Internet Strategy With eSignal Product -- Company Partners With Sunstate Equity Trading to Provide Online Trading Solution.Business Editors HAYWARD, Calif.--(BUSINESS WIRE)--Feb. 29, 2000 As part of a strategic effort to expand its Internet presence and subscriber base, Data Broadcasting Corp. (Nasdaq:DBCC DBCC Daytona Beach Community College (Florida) DBCC District Business Conduct Committee (NASD) DBCC Desert Breeze Community Church (Glendale, AZ, USA) ) today announced it has partnered with discount brokerage firm discount brokerage firm A brokerage firm that discounts commissions for individuals to trade securities. Most discount brokerage firms offer limited advice but reduce their fees by 50% or more compared with full-service brokerage firms. Sunstate Equity Trading In finance, equity trading is the buying and selling of company stock shares. Shares in large publicly-traded companies are bought and sold through one of the major stock exchanges, such as the New York Stock Exchange, London Stock Exchange or Tokyo Stock Exchange, which serve as Inc. to provide a private-labeled version of DBC's eSignal real-time market data service to Sunstate clients. A full-service brokerage firm full-service brokerage firm A brokerage firm that provides a wide range of services and products to its customers, including research and advice. Compare discount brokerage firm. , Sunstate Equity offers one of the premier online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. platforms for today's active traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. . Sunstate's platform provides superior order routing that empowers the customer with fast order placement and confirmation of execution, enabling them greater control over trades. With the addition of eSignal to its product offerings, Sunstate can now provide its online clients with a complete trading solution, combining both information and execution, all directly from their desktop. "We are committed to transforming our company into the leading Internet information provider," said Mark Imperiale, president and chief executive officer of DBC See dBA. (language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD. E-mail: <maya@super.org>. . "The most recent partnership with Sunstate Equity demonstrates our continued focus on our Internet strategy, as we together provide the investment community with an advanced and essential online trading tool. "These alliances are an important part of our sales and marketing efforts, and we expect the momentum to continue." "By joining forces with DBC's eSignal, our clients receive a significantly enhanced trading platform," said Michael Millette of Sunstate Equity Trading Inc. "DBC is the premier data vendor for the Internet user Internet user n → internauta m/f Internet user Internet n → internaute m/f , and we are excited about the new alliance." eSignal delivers streaming real-time financial data over the Internet using Active-Push(tm) technology to continuously update data at the user's workstation. eSignal supports Windows(R) 95/98/NT and is available for downloading downloading - download at http://www.eSignal.com. About Data Broadcasting Corp. Data Broadcasting Corp. is a leading provider of real-time market data to the individual trader and investor. The company delivers real-time stock quotes, financial news and information to 3 million users via PCs, wireless FM, cable, satellite and the Internet. With its Capital Management Sciences division, Data Broadcasting also is the leading provider of fixed income portfolio analytics used for valuation and risk management purposes. DBC's Internet presence includes http://www.dbc.com, http://www.eSignal.com, http://cbs.marketwatch.com, http://insite.dbc.com, http://www.bondedge.com, http://sports.dbc.com and http://www.dbceuro.com. About Sunstate Equity Trading Inc. Sunstate Equity Trading Inc. is a full-service discount brokerage firm offering online and Level II access to both experienced and new traders. The brokerage can be found on the World Wide Web at http://www.TradeStockAmerica.com. Sunstate is a member of the NASD/SIPC. Matters discussed in this release include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include the response of competitors to the company's new services, acceptance of the Internet as a valid real-time distribution platform by institutional customers, activity levels in the securities markets and other risk factors listed in the company's 10-K and 10-Q reports to the Securities and Exchange Commission. |
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