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QUOTRON & FIRST CALL SIGN DISTRIBUTION AGREEMENT; FIRST CALL'S REAL-TIME EQUITY RESEARCH TO BE MADE AVAILABLE TO QUOTRON'S INSTITUTIONAL CLIENTS

QUOTRON & FIRST CALL SIGN DISTRIBUTION AGREEMENT; FIRST CALL'S REAL-TIME EQUITY RESEARCH TO BE MADE AVAILABLE TO QUOTRON'S INSTITUTIONAL CLIENTS
 NEW YORK, May 7 /PRNewswire/ -- Quotron Systems, Inc. and First Call Corporation today announced that the two companies have reached an agreement whereby First Call will distribute its real-time equity research over Quotron's financial information network. Terms of the agreement were not disclosed.
 Under the agreement, First Call Information will be made available to Quotron customers who are large, sophisticated investors known as "Qualified Institutional Buyers." First Call will be part of Quotron's CARS (Computer Access and Report Service) menu on the QUOTRON 800(TM), QUOTRON 100(TM) and Quotron(R) Advantage AE(SM) systems. It will provide users with the latest commingled research contributed by more than 30 of the world's leading brokerage firms, as well as "Real-Time Earnings Estimates," First Call's proprietary earnings database. First Call on Quotron will offer complete search and portfolio capabilities and 45-day retention of research.
 Development of the First Call Service for delivery over Quotron terminals is currently underway. The two companies expect the development effort to be completed by the third quarter of 1992.
 "This agreement directly reflects our strategy to make First Call's real-time commingled research easily accessible to customers, regardless of the system they use," said Bruce R. Fador, president of First Call
Corporation. "With this agreement, Quotron soon will be the largest single network carrying First Call information. We look forward to sharing in the success of this joint development effort."
 "We are pleased to broaden the scope of our third-party research and news offering with the addition of First Call," added Alan Weiss, Quotron's vice president of sales and marketing. "Our customers depend on this information to make informed trading and investment decisions."
 First Call and Quotron have also agreed to explore the development of a limited version of First Call specifically designed for retail brokers. Detailed information on the content of this version was not released.
 First Call is the premier supplier of real-time equity research and corporate information to the worldwide financial community. Through First Call, clients can access the latest research, earnings and estimates and fundamental data on more than 2,800 companies, compiled by the world's leading brokerage and investment research firms. In addition, First Call offers real-time financial and corporate news on over 500 U.S. and Canadian companies.
 Based in Boston, First Call Corporation is jointly owned by Thomson Financial Networks and several major brokerage firms that contribute their research.
 Quotron Systems, Inc., a subsidiary of Citicorp (NYSE: CCI), is a leading provider of financial information services and trading systems. The company delivers on-line, real-time equities, options and commodities quotes for more than 120,000 instruments from exchanges worldwide; foreign exchange and fixed-income rate data; news; research; analytic; real-time color charting; networking services; and broker productivity applications. Through its subsidiary, Securities Industry Software Corporation, Quotron also offers flexible, real-time integrated services for accounting, order management, and other back-office brokerage operations.
 -0- 5/7/92
 /NOTE TO EDITORS: First Call is a registered trademark of First Call Corporation. Quotron is a registered trademark of Quotron Systems, Inc. Quotron 800 and Quotron 1000 are trademarks, and Advantage AE is a service mark of Quotron Systems Inc./
 /CONTACT: Roxanne Taylor of Quotron Systems, 212-898-7212, or Kevin J. Lorenc of Thomson Financial Networks, 617-345-2515/
 (CCI) CO: Quotron Systems, Inc.; First Call Corporation ST: New York IN: FIN SU:


SM-TS -- NY033 -- 7535 05/07/92 10:40 EDT
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Publication:PR Newswire
Date:May 7, 1992
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