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FutureSource Announces Record Website Growth.

LOMBARD, Ill.--(BUSINESS WIRE)--Feb. 16, 1999--FutureSource Information Systems, Inc. announced today that its website, FutureSource.com, had a record fourth quarter in 1998. This phenomenal growth included an increase in subscriptions, free membership, advertisers, site visitors, and site impressions.

With the major revamping of the website in the fall of 1998, website traffic increased dramatically. Monthly impressions went from 2.5 million in August 1998 to 3.5 million impressions in December 1998. In fact, for the 4th quarter of 1998, an independent audit by BPA International, showed FutureSource.com with a grand total of 10,251,984 page impressions. This indicates one of the fastest growing financial sites in the world. With such rapid growth, visitors and advertisers alike have been flocking to FutureSource.com in the past few months. Since September, membership has grown from 21,000 to well over 29,000 current free members.

Along with the dramatic increase in visitors and free members, there has been an influx of advertisers targeting the high net worth active trader that the FutureSource.com site attracts. Some of the advertisers that have recently come on board at FutureSource.com include the Wall Street Journal (NYSE:DJ), Barron's (NYSE:DJ), TurboTax (Nasdaq:INTU), and eDreyfus (NYSE: MEL). They join the ranks of advertisers like Xpresstrade, Alaron, Jack Carl Futures, and Ira Epstein & Co. Much of the recent growth in advertisers is due to the recent addition of Dick La Monica, General Manager and Internet Advertising Sales Director, for FutureSource.com. La Monica brought with him 30 years of publishing and marketing experience, most recently from Switchboard.com. "Dick jumped in with both feet to help get the word out about how successful FutureSource.com has been and about the phenomenal growth the site is experiencing," said Doug McIntyre, President of FutureSource. "Our site is one of the fastest growing financial sites currently and our membership demographics are some of the best in the industry ... that is very attractive to savvy advertisers," commented Dick La Monica. "With the solid visitor demographics our site offers, loyal membership, rapid growth, and range of products -- both our site visitors and advertisers alike, find what they need at FutureSource.com," added La Monica.

FutureSource Information Systems, Inc. is a recognized leader in delivering real-time quotes and news from futures and options exchanges around the world, and is known for the quality of its data. FutureSource, with 145 employees, has offices in Lombard, IL, Chicago, New York, Houston, Miami, Los Angeles, London, Sydney, and Sao Paulo, along with reseller offices that combine to serve twenty-one different countries. For more information about FutureSource, visit http://www.futuresource.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 16, 1999
Words:442
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