Data Broadcasting Posts Shareholder Voting Information for Proposed Merger On Company Web Site, www.dbc.com.Business &Technology Editors/Internet Writers JACKSON, Wyo.--(BUSINESS WIRE)--Feb. 2, 2000 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) ) (DBC See dBA. (language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD. E-mail: <maya@super.org>. ) today announced the posting on its Web site, www.dbc.com, of relevant shareholder information for its annual meeting, at which shareholders will be asked to vote on DBC's proposed merger with Financial Times Asset Management (FTAM (File Transfer Access and Management) A communications protocol for the transfer of files between systems of different vendors. FTAM - File Transfer, Access, and Management: an application layer protocol for file transfer and remote manipulation )/Interactive Data Corporation, currently part of Pearson plc, the leading international media company. The combination will create one of the world's leading sources of securities pricing and specialist financial information to global institutional, professional and individual investors. Mark Imperiale, president and chief executive officer of Data Broadcasting, said: &uot;We expect that the merger will nearly triple our annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues to approximately $325 million and more than double cash flow per share. This strengthened financial position should accelerate our ability to develop new products, as well as enhance our position as an Internet incubator and our ability to make strategic acquisitions. &uot;Accordingly, our company's board of directors has concluded that this merger is in the best interests of our shareholders and has approved the merger agreement. We urge all shareholders to review the materials that have been mailed to them and to vote their approval of this important and exciting transaction.&uot; Stuart Clark Stuart Rupert Clark (born 28 September 1975, Sutherland, New South Wales) is an Australian Test cricketer who plays for the New South Wales Blues and Hampshire. He bowls right-arm fast medium deliveries. , president of FTAM, who will become president of the combined FTAM/DBC enterprise upon completion of the transaction, said: &uot;In the new economy in which we live, there is a revolution in how individuals and institutions manage their money. Around the world, demand from investors for specialist financial information, delivered via the Internet, is growing rapidly. Our new enterprise, will be in the very best position, both in America and internationally, to meet that demand.&uot; FTAM is a leading source of global securities pricing and related financial data supporting fund pricing, securities operations processing, research and portfolio management. Data Broadcasting Corporation is the leading provider of real-time market data to the individual trader and investor. Georgeson Shareholder Communications is serving as proxy solicitor Proxy Solicitor A specialist (firm) hired to gather proxy votes. for the merger vote. Shareholders with questions can contact the firm toll-free by calling 800/223-2064. The information posted on the Web site includes, but is not limited to, voting information, a merger summary and the proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. . DBC mailed the proxy materials Proxy Materials Documents regulated by the Securities & Exchange Commission in which a public company outlines its methods and procedures. These documents are used to inform shareholders and solicit votes for corporate decisions, such as the election of directors and other to shareholders on or about Jan. 13, 2000. The annual meeting date has been set for Wednesday, Feb. 23, 2000, and the record date for shareholders entitled to vote at the meeting is Jan. 10, 2000. Stockholders should read Data Broadcasting's proxy statement, which is on file with the Securities and Exchange Commission. The proxy statement, including the merger agreement and the voting agreements, are available for free from Data Broadcasting's Web site, www.dbc.com, as well as from the SEC's Web site, www.sec.gov. 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 a number of risks and uncertainties, and actual results may differ materially. Factors that could cause actual results to differ include the actions of competitors with greater financial resources or technological capacities, changes in technology that could affect the competitiveness of DBC's products and services, the failure of customers or suppliers to have successfully completed their year 2000 projects, developments in the securities markets that might lower demand for DBC's products, consolidation in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry that could erode Erode (ĕrōd`), city (1991 urban agglomeration pop. 361,755), Tamil Nadu state, S India, on the Kaveri River. The city is located in a cotton-growing region, and its industries include cotton ginning and the manufacture of transport equipment. the company's customer base, the inability to retain key employees after the merger, the inherent possibility of events causing unanticipated technology performance interruptions, and other risk factors listed in the company's 10-K and 10-Q reports, Notice of Annual Meeting and Proxy Statement, and other filings with the Securities and Exchange Commission. |
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