Latest Press Releases
Relegence Contact:
Ted Vivian
212/594-4404
tvivian@relegence.com
Dow Jones Newswires Contact:
Eva Rohrmann
201/938-4623
eva.rohrmann@dowjones.com
RELEGENCE TO DISTRIBUTE REAL-TIME DOW JONES NEWS BASED ON INDIVIDUAL
RELEVANCE CRITERIA
Dow Jones' Leading Financial News to Be Distributed
Through KnowledgeHub, Relegence's Intelligence Automation Platform
NEW YORK - (September 17, 2002) - The Relegence Corporation, a
leading provider of real-time news analysis systems to the financial
markets, announced today a global distribution agreement with
Dow Jones Newswires, a premier provider of financial news worldwide.
The agreement grants Relegence the right to distribute a full
range of Dow Jones' news packages, which include the market-leading
Dow Jones News Service, the first Dow Jones product available
via Relegence's platform. Relegence customers will now be able
to make better investment decisions by analyzing Dow Jones News
Service in real-time and by receiving highly targeted news stories
according to their specifications. Users will subscribe directly
from Dow Jones Newswires.
Securities sales professionals, traders, institutional investors
and money managers use Relegence's intelligence automation platform,
KnowledgeHub, to monitor the world of news and information and
to deliver only the information most relevant to their interests
in real-time. Using the Relegence DashBar, users are able to view
similar stories together, eliminating the need to read duplicate
stories from different sources, and to automatically summarize
any story into a concise, four-bullet-point format, saving valuable
decision-making time.
"Relegence is excited to add Dow Jones Newswires, one of
the world's leading financial news organizations, to our extensive
list of news sources," said Jim Kwiatkowski, Senior Vice
President of Relegence. "Using our proprietary filtering
and analysis capabilities, Relegence services deliver relevant
news and information to any user the moment it is published. Applying
our unique capabilities to Dow Jones news has been a consistent
request among financial professionals."
"We are pleased to offer financial professionals access
to fast, trustworthy Dow Jones news via the Relegence product
suite," said Jim Donoghue, Vice President, Sales and Marketing,
Dow Jones Newswires. "Relegence users will find Dow Jones
News Service an essential tool for trading and investment actions."
Dow Jones News Service, used by more North American market professionals
than any other source, provides quick, in-depth coverage on everything
that affects the stock markets. Subscribers receive company and
industry news, economic and political events, and updates on all
major financial markets, as well as exclusive columns, interviews
with market leaders and analysis of trends.
About Relegence
Financial markets professionals rely on Relegence (www.relegence.com)
to monitor thousands of sources of news and information - both
inside and outside their organization - and to deliver only what
is relevant immediately upon publication. Relegence acquires information
from 20,000 sources, including global newswires, regulatory feeds,
television broadcasts, news and corporate web sites, bulletin
boards, discussion groups and internal sources. Innovative features
such as Heat Factors, Relevancy scoring/filtering, automatic Summarization
and Clustering of related stories enable financial professionals
to cut through information overload and instantly acquire actionable
intelligence. The Relegence Dashboard and Relegence DashBar are
accessible over the internet via a standard browser or through
Relegence provided applications.
About Dow Jones
Dow Jones Newswires (www.djnewswires.com) provides real-time news
for financial professionals in the equities, fixed-income, foreign
exchange, and energy markets. The division also offers news for
financial firms' Web sites and Dow Jones Newsletters' sector-specific
content. In addition to Dow Jones Newswires, Dow Jones & Company
(NYSE:DJ; dj.com) publishes The Wall Street Journal and its international
and online editions, Barron's and the Far Eastern Economic Review,
Dow Jones Indexes and the Ottaway group of community newspapers.
Dow Jones is co-owner with Reuters Group of Factiva, with Hearst
of SmartMoney and with NBC of the CNBC television operations in
Asia and Europe. Dow Jones also provides news content to CNBC
and radio stations in the U.S.