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DiversiFax launches Foliotrac personalized daily financial and portfolio bulletin.


VALLEY STREAM, N.Y.--(BUSINESS WIRE)--April 5, 1995--DiversiFax Inc. (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
:DFAX) announced Wednesday that its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 DIVERSIFAX INFORMATION SERVICE INC. has launched its new service called FOLIOTRAC that delivers customized stock portfolio information, and each days financial and business news, worldwide.

DiversiFax Information Service Inc. has entered into an agreement with Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 to supply real time information to each individual subscriber, through FOLIOTRAC, also a focus study is under way by FORTUNE & MONEY magazine along with CITICORP to test market the product.

Foliotrac consists of a two page fax, containing: -0-
   Personalized Financial Portfolio - Each subscriber receives
   their own customized stock portfolio including each days
   high, low, net changes, volume and closing price for each
   subscriber's portfolio.  A 52 week history is also reported.


   Personalized News Briefs - Key news stories on widely held
   stocks including news that specifically relates to the
   subscriber's personal investments.


   Market update - The latest news on the market's direction.


   Street Talk - A selection of the day's analysis direct from
   the professionals on Wall Street.


   Market Barometers - Major market indexes, plus the gainers
   and losers on the New York Exchanges.




Foliotrac is available in two delivery formats, providing subscribers with their personal news and the day's closing stock quotes. One service option is via fax automatically every day at 5 p.m. to a designated number. In addition, subscribers are alerted immediately via fax when any stock in the portfolio changes by 10% or of any fluctuation Fluctuation

A price or interest rate change.
 in the Dow exceeding 50 points.

The other option, Foliotrac, is designed for investors on the go. To access the service, subscribers call into an 800 number, enter a PIN (personal identification number) and the fax number where they want to receive their Foliotrac fax can be sent to any location, domestic or international, including hotels, resorts, airports, club lounges or other transit points.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Paul L. Schaye, Publisher of Foliotrac and executive vice president of Diversified Information Services See Information Systems.  Inc., the advantages for the Investor of using Foliotrac are immediate: ``The subscriber regularly receives news and updates about his or her stocks anywhere in the world when they want them, without having to rely on daily newspapers for critical business news or for their stock quotes while out of town or out of the country.''

DiversiFax Inc. is one of the world leaders For a list of heads of state, see .
World leaders is a MMORPG. The game involves creating a state, joining an alliance and going into war. It is mostly played by players from Israel, China, USA, Britain, Brazil and Saudi-Arabia.
 in public faxes, with over 2500 coin and debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  operated public fax and photocopy machines in nearly 1000 locations in 250 Eastern and Midwestern cities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

CONTACT: DiversiFax Inc., Valley Stream

Dr. Irwin A. Horowitz, 516/872-0650
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 5, 1995
Words:429
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