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Data Broadcasting promotes Imperiale to president and chief operating officer; will continue as chief financial officer.


JACKSON, Wyo.--(BUSINESS WIRE)--Oct. 2, 1996--Data Broadcasting Corp. (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
:DBCC DBCC Daytona Beach Community College (Florida)
DBCC District Business Conduct Committee (NASD)
DBCC Desert Breeze Community Church (Glendale, AZ, USA) 
) Wednesday announced the promotion of Mark F. Imperiale to the newly created positions of president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

He also will continue in his current position as chief financial officer until a replacement is made.

"This promotion recognizes the contributions Mark has made to Data Broadcasting over the past two years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 most significant period of growth in the company's history," said co-Chief Executive Officers Allan Tessler and Alan Hirschfield.

"This move also serves to underscore our commitment to have the management strength in place to realize the strategic growth initiatives Mark has helped to put in place for the company's future."

Imperiale brings to his new positions more than 20 years of experience in senior management roles in finance and operations. Prior to joining Data Broadcasting in 1994, Imperiale served as executive vice president and chief financial officer of Ameriscribe Corp., a national provider of facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises.  services.

He also served in senior finance, operations and planning roles in the securities industry for 10 years with Prudential Securities, Merrill Lynch and First Boston. Previously, he served in public accounting for 10 years with Arthur Young & Co.

Data Broadcasting is America's leading provider of real-time market data to the individual investor. Through its DBC See dBA.

(language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD.

E-mail: <maya@super.org>.
 West and BMI BMI body mass index.

BMI
abbr.
body mass index


Body mass index (BMI)
A measurement that has replaced weight as the preferred determinant of obesity.
 services, the company delivers real-time stock quotes, financial and sports news, and betting odds to more than 37,000 subscribers via wireless FM, cable and satellite transmission, as well as through on-line services and the Internet (www.dbc.com).

DBC's Capital Management Sciences division is the leading provider of fixed income portfolio analytics used for valuation and risk management purposes. The Instore Satellite Network division provides private satellite communications networks and services for retail, commercial and media businesses. CheckRite International provides electronic check verification data as well as credit and bank card services to retail merchant customers.

CONTACT: Pondel Parsons & Wilkinson, Los Angeles

Cecilia A. Wilkinson, 310/207-9300

Internet: investor@pondel.com
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 2, 1996
Words:331
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