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Datalink.net Introduces Sophisticated Wireless Data Solution for Financial Professionals; Chase Global Markets Deploys Global Market Pro to Traders.


Business Editors/High-Tech Writers

SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif.--(BUSINESS WIRE)--July 11, 2000

Datalink.net (AMEX AMEX

See: American Stock Exchange
:DLK DLK Diffuse Lamellar Keratitis
DLK Double-lined Kraft (recycled paper)
DLK Digital Logic Kernel
DLK Dynamically Loadable Kernel
), a leading Wireless Application Service Provider (w-ASP), today introduced Global Market Pro, a wireless data application developed with the cooperation of The Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City.  (NYSE NYSE

See: New York Stock Exchange
:CMB Noun 1. CMB - (cosmology) the cooled remnant of the hot big bang that fills the entire universe and can be observed today with an average temperature of about 2. ). Global Market Pro, with patents pending, is the first professional level wireless product to provide real-time financial data that is fully customizable to the unique preferences of each individual financial professional. This significantly enhances their ability to stay abreast of dynamic global market conditions from any location.

Global Market Pro is an advanced multi-platform application, designed for market professionals and traders who deal in high-level financial transactions, and require real-time information on more than just their desktops. Chase Global Markets is the first customer to take advantage of Global Market Pro. Datalink.net will now begin to market the product to other financial institutions.

"Today's world is truly global and access to timely financial information from international markets is critical," said Anthony N. LaPine, chairman and 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.  of Datalink.net. "Global Market Pro enables financial traders to duplicate their desktop information on a wireless device allowing them to monitor market activity while away from their desk."

Chase Global Markets played a key role in the development of Global Market Pro. The same financial data and news feeds used by the bank's traders were incorporated into the application with customization capabilities designed to meet a global trader's unique needs.

"Wireless applications are innovating 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. We recognized early on that our trading professionals needed the latest tools to retain their competitive edge in the marketplace," said John Ropas, Senior Vice President, Chase Global Markets Technology. "Datalink.net, in cooperation with Chase Global Markets, has developed an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved.

Compare: turn-key solution.
 that meets our requirements, and keeps Chase trading professionals ahead of the curve."

Global Market Pro has been skillfully skill·ful  
adj.
1. Possessing or exercising skill; expert. See Synonyms at proficient.

2. Characterized by, exhibiting, or requiring skill.
 designed to be fully operational on a variety of wireless devices and is available in three packages: the one-way package, encompassing market event-driven alerts, Intraday Intraday

Another way of saying "within the day."

Notes:
This term is often used for the new highs and lows of a security. For example, "a new intraday high" means a security reached a new all-time high throughout the trading day, but then fell by closing.
 portfolios, as well as Broadcast Bullet Points bullet point npunto;
bullet points → elenco sg puntato 
 and financial data; the two-way basic package, which allows users to pull information and news on-demand; and, the two-way advanced package, which encompasses all of the one-way capabilities plus on-demand services.

The one-way package supports any wireless device capable of receiving text messages. Wireless devices supported for phase one of the Global Market Pro two-way package include the RIM Inter@ctive 950, WAP phones, and Palm VII The Palm VII product family consisted of two products, the Palm VII and the Palm VIIx Palm Pilots. These were produced by Palm, Inc., before it was split into PalmOne and PalmSource. They had antennas for wireless data communication on the Mobitex network under the now defunct Palm.  devices.

This revolutionary product provides data from premium and trusted news and data sources giving the financial professional critical information when and where they need it. As a recognized leader in the wireless data delivery arena, Datalink.net has established partnerships with the financial industry's leading data sources including Reuters, Market News International, and GovPX Treasuries. Additional data providers will be added in phase two of the Global Market Pro evolution.

Financial professionals will gain a competitive edge by using this product to fully customize their data delivery while they are away from their desks. Global Market Pro delivers customized commodities, currencies, equities, GovPX treasury data, indexes, money market rates and global treasuries directly to the users' device of choice.

Through Datalink.net's strategic partnership with Market News International, wireless users can receive Foreign Exchange Bullet Points and Treasury Bullet Points. This is the first time that Market News International has provided this information to their customers via a wireless device.

Unlike other financial enterprise applications, Global Market Pro is capable of advanced customization, enabling market driven alerts pertaining per·tain  
intr.v. per·tained, per·tain·ing, per·tains
1. To have reference; relate: evidence that pertains to the accident.

2.
 to the specific financial instruments that users follow. Users customize and maintain their market portfolios through a Web interface created by Datalink.net.

Portfolio customization is possible through an array of filter options offered with Global Market Pro. Product users can set their portfolios to alert them when a financial instrument increases or decreases by more than a fixed amount or when the instrument has changed in percent value. Alerts can also be customized to monitor volume levels or when market activity for an instrument reaches an absolute value greater, less than or equal to the value specified by the user. Alerts may also be customized to notify users at the financial instruments open and close.

Additionally, the product makes the wireless delivery of custom created Intraday portfolios a reality. The financial professional can select from a standard format or create their own Intraday template. In addition, the trader can create an alert comprised of any combination of instruments and data.

Global Market Pro takes advantage of the special capabilities of two-way wireless devices, allowing on-demand requests for real-time financial data. Whenever a user needs financial market information, they simply send a request from their pager, "on demand", to Datalink.net's servers for real-time quotes, news and other data. Traders and other financial professionals will be able to `pull' real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided.

Some uses of this term confuse it with the term dynamic data.
 on demand from these sources from Reuters Markets 2000, GovPX Treasuries, and Market News FX and Treasury Bullet Points.

Global Market Pro is available through Datalink.net, Inc. The revolutionary financial product can be purchased by calling 800/524-8187 or by visiting us online at http://www.globalmarketpro.com.

Datalink.net - Where the Web Meets Wireless(TM)

Datalink.net is a leading wireless application service provider (w-ASP) that delivers end-to-end wireless data solutions to enterprises and custom data applications to their customers. As today's premier provider of consumer wireless data, and the first to deliver real-time wireless financial information, Datalink.net pioneered the development of wireless information technology. Today, Datalink.net enables a new generation of wireless devices that allow enterprises and consumers to customize, respond, and interact with critical data. Its XpressLink technology processes high-speed data content feeds or corporate databases for wireless applications that are compatible with the entire range of wireless devices, networks and protocols.

Founded in 1993, Datalink.net is based in San Jose, Calif. with research facilities in Vancouver, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
. For more information: http://www.datalink.net.

This release contains 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.
 within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can give no assurance that such expectations and assumptions will prove to have been correct.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 11, 2000
Words:1052
Previous Article:Chase Global Markets Signs Agreement With Datalink.net for Wireless Distribution of Market Data to Chase Trading Professionals.
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