Telescan launches Wall Street City on the Internet.(Nasdaq: TSCN) announced that the Company has launched Wall Street City (www.wallstreetcity.com), a comprehensive financial supersite on the Internet for the investing public and for advertisers who market to this Internet audience. The website is the culmination of the Company's vision to create a central meeting place for financial service providers, advertisers, and the individual investor on the Internet. Wall Street City is designed to be the first stop on the Internet for users to locate a broad array of both free and subscription-based services including real-time quotes, financial market information, product news and data, plus search and analytical tools. The site features a revolutionary "live" stock ticker Stock ticker A letter designation assigned to securities and mutual funds that trade on US financial exchanges. using Java(TM), Sun Microsystems' dynamic programming language Refers to a language that requires less rigid coding on the part of the programmer. It typically features "dynamic typing," which gives the programmer more freedom to pass parameters at runtime without having to define them beforehand. designed to visually-enhance websites. When accessed in its optimized form using Netscape(TM) 2.0 and Windows(R) 95, this unique feature allows Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f to customize a rolling ticker ticker An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck. of up to 50 stocks and continuously monitors the price movement of their portfolio. Wall Street City is also intended to be a central point for accessing and exchanging information on public companies, 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. and advertised products and services. For content providers, such as brokers, banks, public companies and other businesses, Wall Street City offers a highly targeted medium for reaching the Internet's investment- oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. audience. To develop corporate and product awareness, commercial users of the site can maintain a virtual office or display space in the appropriate building or district with hyper-links to their home pages. Initial advertising sponsors include American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. Financial Advisors and Standard & Poor's MarketScope. Wall Street City, which graphically resembles lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North , will be configured con·fig·ure tr.v. con·fig·ured, con·fig·ur·ing, con·fig·ures To design, arrange, set up, or shape with a view to specific applications or uses: into more than twenty information and advertising districts containing a wide selection of financial information and other investment-related products and services. For example, the Exchange, Research District and Newsroom areas, will offer free market data, such as stock quotes, news, market updates and screening strategies. A Corporate Headquarters "tower" will provide access to public companies and detailed industry group data. Future districts will include a brokerage district, a banking district and entrepreneurial center. Wall Street City will also offer ancillary services to visitors, such as financial event announcements, reviews of the latest financial books and software, professional views on the markets, and even a shopping mall. David L. Brown, Chairman and Chief Executive Officer of Telescan, commented, "Wall Street City is truly a ground breaking event for Telescan. We believe Wall Street City offers Internet users an interesting, easy-to-navigate environment, a dynamic assortment assortment /as·sort·ment/ (ah-sort´ment) the random distribution of nonhomologous chromosomes to daughter cells in metaphase of the first meiotic division. as·sort·ment n. of services and information, many of which are free, and the ability to quickly source additional information at other relevant Internet sites. We would also expect the site to be attractive to other service providers and advertisers, giving them a concentrated, robust audience to more effectively target their marketing efforts. Over time, we envision Wall Street City becoming the source for financial services on the Internet, as well as a key contributor of revenue and earnings growth for Telescan in the coming years." Telescan is an industry leader in providing innovative solutions for online technology, data retrieval and Internet services. The Company develops and operates major online networks and Internet sites serving the financial, publishing, home design and building, entertainment and technology transfer industries. Telescan, Inc. is headquartered in Houston, TX and maintains an office in Berwyn, PA. CONTACT: David L.Brown, Chief Executive Officer Karen R. Fohn, Chief Financial Officer Telescan, Inc. (713) 588-9700 OR Alex Gleeson Media Contact: Lee Foley fo·ley n. 1. A technical process by which sounds are created or altered for use in a film, video, or other electronically produced work. 2. A person who creates or alters sounds using this process. Morgen-Walke Associates (212) 850-5600 |
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