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FIDELITY INVESTMENTS ANNOUNCES DEVELOPMENT OF ON-LINE TRADING SOFTWARE FOR WINDOWS AND IMMEDIATE PRICE REDUCTION FOR FOX INVESTMENT SOFTWARE

 BOSTON, Oct. 4 /PRNewswire/ -- Fidelity Investments announced today that effective immediately, it is pricing its award-winning on-line trading software, Fidelity On-Line Xpress (FOX) at $49.95. In addition, any purchasers of the software at the new price will receive their first stock or option trade free (up to the minimum commission of $38). FOX has been sold for $89.95 since March 1992, after being jointly developed by MECA Software (NASDAQ: MECA) and Fidelity Investments.
 FOX enables investors to buy and sell stocks, mutual funds, and options from a personal computer with an additional 10 percent savings over Fidelity's already discounted stock and option commissions. Fidelity is also, effective immediately, offering a 30-day free trial of the Telescan System, an analytical and investment information service currently available through FOX.
 In addition, Fidelity announced that it will release new Windows-based investment software sometime in 1994. Any purchaser of the FOX software prior to the Windows release will be able to upgrade to the new software for $10. The FOX software is available directly through Fidelity by calling 1-800-544-7272 or at over 200 Egghead software stores nationally.
 Fidelity Investments is the nation's largest mutual fund company, managing over $230 billion in assets for 5 million American investors.
 -0- 10/4/93
 /CONTACT: Darla Hastings of Fidelity Investments, 617-570-5995/
 (MECA)


CO: Fidelity Investments; MECA Software ST: Massachusetts IN: CPR FIN SU:

DJ-CM -- NE020 -- 8485 10/04/93 15:38 EDT
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Publication:PR Newswire
Date:Oct 4, 1993
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