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MOBILE TRADING BECOMES REALITY: AMERITECH CELLULAR AND DCI INTRODUCE FIRST WIRELESS TRADING SYSTEM

 CHICAGO, Oct. 6 /PRNewswire/ -- Professional stock and commodity traders in Chicago, as well as serious speculators, are the first in the country to be able to receive real-time financial market information and analysis anywhere they are located without being tied to a phone line. All they need is a laptop computer and a cellular phone, or an alphanumeric pager. Mobile Trading is made possible by the introduction of a wireless data solution by Ameritech Cellular Services, DCI Integrated Computer Systems (DCI) and Wireless Research and Trading (WRT).
 Mobile Trading, demonstrated while sailing aboard the 42 foot sailboat "Acquisition" on Lake Michigan today, allows traders to access crucial financial market information within seconds after it is reported at the exchange. Traders can also receive a number of market analysis services, all transmitted without a phone line.
 Traders can simply hook up their laptop computer and cellular modem to their cellular phone and dial into their trading workstations. Price data, charts, and news become immediately available. If automatic updates are desired, a personal communication device, such as the Apple(R) Newton MessagePad(TM), or an alphanumeric pager, can receive automatic updates from subscriber services or from the trader's office. These updates can be used immediately or stored and used at some future time. Traders who wish to act on the information can simply use their cellular phone to call-in their order.
 "Mobile Trading liberates traders from being chained to the trading pits, their computers, and phone lines. Now traders have instant visual access to global price quotes, charts, technical studies, and news from any location," said Steven Silverman, a trader and president of DCI. Silverman notes that mobile trading is ideal for anyone who needs around the clock information without investing in additional computer systems, satellite down-links, and without the limitations of a landline.
 "Mobile Trading is a good example of how Ameritech's leadership in technology and focus on customers are providing specialized products and services to fulfill a customer need," said Sherry Baldwin, vice president of finance for Ameritech Cellular Services. "This mobile data solution could very well change the way traders throughout the world conduct business."
 A wireless solution for traders should bring at least 10 percent more volume to the Chicago exchanges, according to Neal Weintraub, a trader and founder of The Center for Advanced Computerized Trading. "Global trading today is limited by the lack of acces to trading computer workstations during the off hours. Mobile trading allows traders to trade real-time as if they were on the floor of the exchange 24 hours a day," says Weintraub.
 Mobile Trading is part of the Ameritech Cellular's Wireless Data Solutions, which provide users with one source for reliable end-to-end wireless solutions, including equipment, software, communications networks, testing, training and support. The Ameritech Wireless Field Partner(TM) transforms notebook computers into complete mobile offices that can receive and send any kind of data. The Ameritech Wireless Field Messenger(TM) combines messaging services with palm-sized data terminals.
 To bring specialized products and services to market quickly, Ameritech is teaming up with companies such as DCI. This joint Ameritech/DCI/WRT solution features equipment by Apple Computer, Inc., including Macintosh(R) PowerBook(TM) notebook computer and Newton MessagePad. DCI's integrated solution also features state of the art software, including Enhanced Chartist(R) Update(R) and Timbuktu(R). Products by Motorola, Microcom, Data Broadcasting, VST Power Systems, Inc., Technoggin Inc. and Applied Engineering are integrated into this solution.
 For more information on wireless applications, traders can call 1-800-MOBILE-1.
 Ameritech's cellular division is headquartered in Hoffman Estates, Ill., and serves more than one million cellular and paging customers in 23 metropolitan areas in Illinois, Indiana, Michigan, Wisconsin, Ohio, northern Kentucky, and in parts of Missouri and Minnesota. DCI Integrated Computer Systems, Chicago, is an authorized Apple value added reseller (VAR) and developer. WRT is an Apple Newton development partner.
 -0- 10/6/93
 /CONTACT: Marybeth Johnson, 708-765-4543, for Ameritech Cellular Services/


CO: Ameritech Cellular Services; DCI Integrated Computer Systems ST: Illinois IN: TLS SU: PDT

TM -- NY097 -- 9553 10/06/93 19:59 EDT
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Publication:PR Newswire
Date:Oct 6, 1993
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