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Latest Press Releases
Relegence Selects Newstex to Supply Content On Demand Newstex delivers tailored premium news feeds and PeopleTickers™ in real-time supporting Relegence in making information intelligent NEW YORK, June 20, 2005 – The Relegence Corporation, the de-facto provider of real-time automated intelligence to the financial services industry, today announced the selection of Newstex, the Content On Demand™ company, as its value-added content distribution source for real-time news feeds. Newstex’s immediate delivery of news and commentary to Relegence contributes to Relegence being the world’s largest business news pipeline and further establishes Relegence as the industry standard for providing monitored, indexed, filtered and analyzed intelligence to the global financial markets. Newstex Content On Demand will be used as Relegence’s core data feed for newswires. Relegence selected Newstex for its ability to aggregate and deliver accurate full text news and commentary in real-time. Newstex collects tailored commentary from thousands of branded newswires, newspapers, magazines, financial and business sources, official government feeds and weblogs and standardizes their formats. Relegence’s revolutionary technology monitors and analyzes the Newstex information in conjunction with internal and external information from over 12,500 local and international newswires, television & cable networks, regulatory feeds such as EDGAR and RNS. This combined intelligence is delivered to Relegence users desktops in real-time, providing them an accurate view of market activities. “We are committed to delivering accurate and relevant intelligence in real-time,” said Steve Fadem, president and CEO, Relegence. “Newstex’s Content On Demand is the fastest and most reliable news feed available. By partnering with Newstex, we deliver a broader and more relevant source of intelligence to our customers, helping them to make better and more strategic decisions.” In addition to Newtex’s Content On Demand, Newstex provides Relegence with its proprietary PeopleTickerTM feature. The Newstex’s NewsRouter system daily scans tens of thousands of news stories on key industry players and their affiliated companies and stores the data in its unique database. The monitored people are automatically allocated a PeopleTicker symbol by the Newstex NewsRouter system. This information is routed to Relegence, powering its searching and visualization tools. “The professionals at Relegence understand the tremendous value of real-time full text news combined with value-added metadata,” said Larry Schwartz, president, Newstex. “Relegence requires lightning quick delivery and optimized content in order to empower its end users to pinpoint and visualize what’s really important and why.” About Relegence The Relegence Corporation is the de-facto standard for providing market and business intelligence to global buy-side and sell-side financial institutions. Relegence’s automated infrastructure uniquely acquires structured and unstructured information from internal resources, external research as well as from over 12,500 global information services, in multiple languages. Relegence simultaneously monitors, indexes, and filters content from local and international newswires, television & cable networks, regulatory feeds such as EDGAR and RNS. In addition to its cutting-edge technology, it has created the world’s largest relevant business-focused news pipeline delivering customized live content to users in real-time, to any communications device. Partnerships are integral to Relegence’s offering and include: AFX News; Agence France-Presse; Global Securities Information Inc.; Microsoft; PR Newswire and Radianz. Customers include many of the world’s premier financial institutions and Global 2000 companies. Relegence was founded in 1999. For more information, visit www.relegence.com or email info@relegence.com About Newstex Newstex offers Content On Demand, including tailored, real-time news and commentary from thousands of branded newswires, newspapers, magazines, financial and business sources, official government feeds and weblogs. Newstex collects full-text digital news and commentary feeds, standardizes the content format, adds stock ticker symbols, people tickers and categories, and instantly delivers the result as easy-to-integrate XML or RSS newsfeeds. Content On Demand from Newstex is the fastest way for content distributors and enterprise customers to cost-effectively integrate full-text premium newsfeeds at reduced cost, minimum risk and optimum ROI. For more information, visit www.newstex.com or email info@newstex.com |
