Paracel Signs Financial Times to Expand Global Business News Coverage.PASADENA, Calif.--(BUSINESS WIRE)--January 27, 1996-- Paracel to deliver company background and financial information, comment and analysis, in addition to business news from UK and Europe through new partnership with the Financial Times Paracel, Inc., a developer of online business information services See Information Systems. , today announced a distribution agreement with the Financial Times newspaper and its sister company, Financial Times Information. The agreement provides Paracel with world-wide distribution rights for the Financial Times newspaper and for a range of Financial Times Information data from its Extel, FT McCarthy and AFX AFX atypical fibroxanthoma. News services. This new international content will bring global news, comment, analysis and in-depth company information. Both the Financial Times newspaper and Financial Times Information data will be offered as premium content in Paracel TODAY and BioView TODAY by the end of February 1997. The newly added services provide the core elements of international business intelligence: -- Financial Times is regarded as one of the world's leading business newspapers. Paracel will deliver all stories from all editions of the Financial Times, Monday through Saturday. These include feature articles and columns in addition to in-depth briefing and analysis on developments in a wide variety of areas including countries and regions, technology, business and management. -- Financial Times Information Extel provides weekly updates on in-depth company background and financial information on over 12,000 international quoted companies. Extel covers companies in the following categories: Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Australia, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Japan, Singapore, Malaysia, Thailand, Middle East and Third Market. FT McCarthy extracts company and industry news from over 70 newspapers, magazines and newsletters. About 70% of the titles are western European daily national newspapers. All articles appear in their native language. Non-English articles have translated summaries attached. AFX News is a real-time financial and economic news service covering company, market, economic and world news generated from its own local news bureau. AFX News is a 50/50 joint venture agency owned by the Financial Times Group and Agence France-Presse Agence France-Presse (AFP) French cooperative news agency. Based in Paris, it has roots in the Bureau Havas, created in 1832, which in 1835 became the Agence Havas, the world's first true news agency. . Andrew Gilchrist Sir Andrew Graham Gilchrist (1910–1993) was an SOE operative and later a UK ambassador. Early career in Foreign Office and SOE born in 1910 in a village called Hazelbank, Lanarkshire, Scotland. , Director, Financial Times International, said, "This agreement is another major step in the implementation of our global strategy of delivering the Financial Times content to new readers world-wide. The agreement with Paracel allows the content of the Financial Times newspaper to reach new markets using innovative technological solutions." "Financial Times and its sister company, Financial Times Information, are highly respected sources for global business information," comments Peter White, president of Paracel's Online Systems division. Explaining the impact of the agreement, White states, "The addition of the Financial Times newspaper and Financial Times Information data greatly enhances Paracel's coverage of international business information and dissolves the traditional barriers that geographic time-zones impose. This enables our customers to gain the competitive advantage they need to compete effectively in a rapidly changing global market." Paracel's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Paracel TODAY, provides executives, managers and knowledge workers with intranet and internet access See how to access the Internet. to the latest breaking news on competitors, customers, industry and financial market information. Utilizing Paracel's NewsCenter technology for mass customization and precision filtering, each person throughout the enterprise receives business information filtered specifically for their individual needs. Paracel TODAY is a business tool, designed to aggregate and deliver information from over 2,500 of the top business and technical sources around the world including First Call, IAC (1) (InterApplication Communications) The interprocess communications capability in the Macintosh starting with System 7.0. Many IAC events take place behind the scenes. PROMT PROMT Predicasts Overview of Markets and Technology (R), IntellX and global newswires. Other recent content additions include The 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. , Asia Pulse and USA TODAY USA Today National U.S. daily general-interest newspaper, the first of its kind. Launched in 1982 by Allen Neuharth, head of the Gannett newspaper chain, it reached a circulation of one million within a year and surpassed two million in the 1990s. . About the Financial Times and Financial Times Information Financial Times is one of the world's most influential English language English language, member of the West Germanic group of the Germanic subfamily of the Indo-European family of languages (see Germanic languages). Spoken by about 470 million people throughout the world, English is the official language of about 45 nations. newspapers, recognised world-wide for comprehensive coverage, commentary and analysis on international news, companies, business and finance. Printed in the UK, France, Germany, Sweden, Spain, Japan, Hong Kong and the USA, the Financial Times has a world-wide daily circulation of over 300,000 and a readership of over one million people. Financial Times Information comprises Extel, Interactive Data, FT Profile, FT Discovery, FT McCarthy, the Broadcast Monitoring Company, the FT Business Research Centre, AFX News, the joint venture news agency, and the newly acquired Chamber World Network in Asia. Financial Times Information operates mainly in three strategic businesses providing high quality information services to the asset management, investment research and broader business communities around the world. Financial Times and Financial Times Information are part of the Information Division of Pearson plc, the international media group engaged in the information, education and entertainment markets. About Paracel Founded in 1992 with corporate headquarters in Pasadena, CA, (http://www.paracel.com) Paracel develops advanced information filtering products and services currently used in government intelligence, biotechnology and commercial online information applications. Paracel's patented Fast Data Finder (FDF FDF Forms Data Format (Adobe Acrobat) FDF Food and Drink Federation (UK) FDF Fundamentally Different Factor(s) FDF Finnish Defence Forces FDF Flight Dynamics Facility ) is recognized as the world's fastest filtering technology for large volumes of diverse and dynamic data. It is the cornerstone of Paracel's expanding line of information filtering products and online services. Paracel's online services combine sophisticated information filtering with more than 2,500 publications to deliver real-time customized business intelligence to general business, pharmaceutical and biotechnology knowledge workers world-wide. Partnerships with leading technology and publishing companies include Perkin-Elmer, Lotus Development Corporation (company) Lotus Development Corporation - A software company who produced Lotus 1-2-3, the Symphony spreadsheet and Lotus Notes for the IBM PC. Disliked by the League for Programming Freedom on account of their lawsuits. Quarterly sales $224M, profits $10M (Aug 1994). , Verity, Speer Communications, Asia Pulse Pte Ltd PTE LTD Private Limited ., IntellX(R), Financial Times, Knight-Ridder Tribune, Information Access Company and Ziff-Davis. Today, Paracel delivers a strategic information advantage to over 85,000 readers world-wide delivered via the Internet, corporate intranets, Lotus Notes and Email. CONTACT: Elise Soyza Paracel, Inc. Phone: 972-789-1990x206 Fax: 972-991-8896 Email: esoyza@online.paracel.com or Eileen Rea Financial Times Phone: (011) 44171 873 3212 Fax: (011) 44171 873 4610 Email: Eileen.Rea@FT.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion