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DESKTOP DATA ANNOUNCES AGREEMENT WITH ADP TO LINK NEWSEDGE/LAN AND FS PARTNER FOR WINDOWS

 DESKTOP DATA ANNOUNCES AGREEMENT WITH ADP TO LINK
 NEWSEDGE/LAN AND FS PARTNER FOR WINDOWS
 WALTHAM, Mass., Sept. 15 /PRNewswire/ -- Desktop Data, Inc. announced that it has entered into an agreement with the Brokerage Information Services Group of Automatic Data Processing, Inc. to offer the advanced news processing capabilities of their NewsEDGE/LAN for Windows on ADP's Financial System (FS) Partner(sm) AF. The agreement provides for the development and marketing of tightly integrated news and financial data applications on ADP's FS Partner workstations running Microsoft Windows(tm).
 With more than 43,000 intelligent workstations, ADP's FS Partner is the most widely used intelligent quotation/information system in the investment community, integrating real-time market data, historical data, news, analytics, graphics and advanced applications.
 Desktop Data's NewsEDGE products process the entire text of news stories from more than 100 news wires including those of the Associated Press, Dow Jones, First Call, Knight-Ridder and Reuters, as well as specialized industry and international sources.
 A new offering is being announced as part of this agreement. NewsVIEW, released this week, will be marketed by ADP to institutional buy-side and sell-side as well as retail investment firms that desire the wide selection of information sources available through Desktop Data.
 Andy Valenti, vice president Strategic Products at ADP, said, "Our clients work with many individual sources of news and research as well as our price quotations. FS Partner combined with NewsEDGE links these individual sources and allows our clients to absorb much more information than before."
 "NewsEDGE lets you act, not react," explained Don McLagan, president of Desktop Data. "Traditionally, when it's 'news' it's too late. The broad set of sources combined with intelligent software allows users to spot trends before they become 'news.' LANs, PCs, Microsoft Windows and now this ADP-Desktop Data relationship, enable money managers and others to put the best of both worlds in their own customer-architectured systems."
 Joe Freitas, vice president at Merrill Lynch, is a customer of both NewsEDGE and FS Partner. "The breadth of news and information available through the NewsEDGE products truly complement FS Partner for Windows. Combined with the alerting, searching and profiling capabilities, it gives us the ability to easily scan the wide breadth of information quickly and efficiently right on our desktop personal computers."
 Desktop Data, Inc., based in Waltham, was founded in July 1988 with the goal of providing current news and business information to the financial, government, and corporate markets. To date there are 140 institutions with approximately 8,000 licensed users of NewsEDGE products.
 NOTE: NewsEDGE is a registered trademark of Desktop Data, Inc. Financial System Partner is a servicemark of Automatic Data Processing, Inc. Windows is a trademark of Microsoft Corporation.
 -0- 9/15/92
 /CONTACT: Gwen Allgood of Desktop Data, Inc., 617-890-0042 x44/ CO: Desktop Data, Inc. ST: Massachusetts IN: CPR SU: PDT


CH -- NE004 -- 9495 09/15/92 09:29 EDT
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Publication:PR Newswire
Date:Sep 15, 1992
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