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TELESCAN ANNOUNCES MAJOR TECHNOLOGY ADVANCEMENT NOW AVAILABLE IN PROSEARCH 4.0 STOCK SCREENING SOFTWARE

 HOUSTON, July 7 /PRNewswire/ -- Telescan, Inc. (Telescan) (NASD Bulletin Board: TSCN) announced today that it is now actively marketing its advanced ProSearch 4.0 stock screening software. The software system features 207 unique stock screening indicators, 77 of which are new, and an innovative variety of screening capabilities. The software's programmed filtration process enables users to identify select stocks in a matter of seconds.
 The ProSearch 4.0 upgrade was developed through Telescan's proprietary on-line operating system and user interface software. Telescan's products and services are based on this system; which allows customers to electronically access and analyze database information through their own corporate or individual personal computer systems.
 "ProSearch 4.0 is now more responsive to the CANSLIM investment system developed by William O'Neil, founder of Investor's Business Daily," says Scott Brown, Telescan's vice president of sales and marketing. "For those investors seeking out growth stocks, ProSearch 4.0 is now the state of the art system in today's market."
 Telescan, Inc., a public company, develops, markets and operates on- line electronic database systems serving individual, corporate and institutional customers. The company's world headquarters are in Houston.
 -0- 7/7/93
 /CONTACT: Richard Ames, media communications representative of Telescan Incorporated, 713-952-1060 or 800-392-8246/
 (TSCN)


CO: Telescan, Inc. ST: Texas IN: CPR PUB SU: PDT

SM -- NY018 -- 8980 07/07/93 09:55 EDT
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Publication:PR Newswire
Date:Jul 7, 1993
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