Data Broadcasting and Lind-Waldock Partner to Provide Internet Futures Trading; Signal Online to Be Private-Labeled for Lind-Waldock Customers.

HAYWARD, Calif.--(BUSINESS WIRE)--July 14, 1998--Data Broadcasting Corp. (Nasdaq:DBCC), America's leading provider of market data to individual investors and traders, Tuesday announced a marketing partnership with Lind-Waldock & Co., the world's largest discount futures brokerage, to provide a private-labeled version of DBC's Signal Online to Lind-Waldock clients.

This partnership will enable Lind-Waldock clients to obtain real-time financial information and give them one-click access to Lind-Waldock's order entry system.

Lind-Waldock (http://www.lind-waldock.com) has been providing quality futures brokerage services to individual and institutional customers worldwide for more than 30 years.

The brokerage was the first futures firm to offer online order entry, and now offers its customers the option of sending online trades directly to U.S. trading floors or into the GLOBEX electronic trading system (computer-to-computer trading). Lind-Waldock prides itself on the exceptional customer service it offers at discount commission rates.

"The teaming of the largest discount futures brokerage, Lind-Waldock, and the number one real-time Internet quote vendor, DBC, further strengthens the leadership and commitment both of our organizations have demonstrated in electronic commerce for the futures industry," said DBC's president, Mark Imperiale.

Barry Lind, chairman of Lind-Waldock, added: "Lind-Waldock wants its customers to have the best services to support their trading. This is another example of a premier service that we're happy to make available through this partnership arrangement."

Signal Online is Data Broadcasting's real-time continuous financial market data service delivered via the Internet. Clients receive data through their PCs and laptops anywhere via phone lines or wireless connection, making it possible for users to easily track their portfolios from their offices, homes or while traveling.

Signal Online provides continuous real-time streaming quotes for U.S. equities as well as futures and options data. Features of Signal Online include Nasdaq Level II Market Maker information, limit alerts via pager, e-mail or cellular phone, headline tickers, detailed portfolio management windows, fundamental data, intraday and interday charting and technical analysis to identify market trends.

Technical analysis studies include Bollinger Bands, Exponential and Weighted Moving Averages, Linear Regression, Fast Stochastics, Momentum and more.

Signal Online offers the Internet trader free news from CBS MarketWatch, including access to a wealth of additional news and commentary from sources such as Dow Jones Real-Time News Service (NYSE:DJ), MarketGuide (Nasdaq:MARG), Baseline (NYSE:PMK), Instant Advisor, Vickers Inside Trading Report and Zacks Earnings Surprises.

Signal Online service will be available at a discounted price of $130 per month (with a prepaid account), plus exchange fees to Lind-Waldock customers. The Lind-Waldock version of Signal Online supports Windows 95/98/NT and is available for download at http://www.dbc.com/sol/lindwaldock.

For more information on DBC's line of financial information products, visit the company's news room on the Internet at http://www.dbc.com/pr.

About Lind-Waldock & Co.

Lind-Waldock & Co. is the world's largest discount futures brokerage firm and a member of all major U.S. futures exchanges, currently maintaining more than 30,000 accounts and holding more than $700 million in customer equity. Lind-Waldock, with headquarters in Chicago, has operations in New York, London and, through an affiliate, in Hong Kong.

Through a network of correspondent relationships, it conducts business for customers on futures exchanges around the world. It also offers access to cash, forward and EFP currency markets.

About Data Broadcasting

Data Broadcasting is America's leading provider of real-time market data to the individual trader and investor. The company delivers real-time stock quotes, financial and sports news and gaming information to 1 million users via PCs, wireless FM, cable satellite and the Internet (http://www.dbc.com and http://cbs.marketwatch.com).

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.

NOTE TO EDITORS: Data Broadcasting has moved. New address: 3955 Point Eden Way, Hayward, Calif. 94545-3720. Julie Craig's direct telephone: [phone], fax: [phone].

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