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Latest Press Releases
DOW JONES NEWSWIRES AND RELEGENCE TO DEVELOP "DOW JONES TOTAL COVERAGE" Real-Time Solution to Sort and Filter 12,500 Sources of News and Information NEW YORK, October 10, 2005 - Dow Jones Newswires and The Relegence Corporation today announced an agreement to develop and distribute "Dow Jones Total Coverage," a real-time intelligence platform for financial professionals. Relegence, the de-facto standard of real-time automated intelligence, and Dow Jones Newswires, the leading provider of real-time news and information, will jointly develop and sell the custom news and information analysis solution. "Dow Jones Total Coverage," scheduled for early 2006 release, will be powered by Relegence technology and will be the most comprehensive source of Dow Jones content available. The new solution will enable users to sort, filter and customize the entire suite of Dow Jones content, including Dow Jones Newswires, The Wall Street Journal, Barron's and other Dow Jones products, as well as news and information from more than 12,500 sources aggregated by Relegence. "Dow Jones Total Coverage" will deliver to users' desktops sorted, filtered results with minimum latency. The user-friendly platform will equip traders, analysts, institutional sales and other financial professionals with the necessary technology to meet today's demanding business requirements. "With so many sources available, finding the information that is relevant and offers an edge is a challenge for financial professionals," said Paul Ingrassia, president, Dow Jones Newswires. "'Dow Jones Total Coverage' will be a customizable intelligence solution that analyzes Dow Jones' market-leading news and information against our customers' personalized profiles, identifying relevant, actionable market intelligence." "We are excited to partner with Dow Jones, a powerful force in the financial news and information industry, to bring to market a service that will showcase our cutting-edge technology and premier market-moving content," said Steve Fadem, president and CEO, Relegence. "By giving the financial community real-time access to targeted news and information pertinent to their business, we are equipping them to make better business decisions. This is a solution that makes sense in today's information society-relevant information without information overload." About Dow Jones Newswires Dow Jones Newswires (djnewswires.com) offers real-time news and information solutions for financial professionals providing investment, advice and institutional services. The division also offers news for financial firms' Web sites and Dow Jones Financial Information Services' database, newsletter and event businesses. In addition to Dow Jones Newswires, Dow Jones & Company (NYSE: DJ; www.dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Indexes, MarketWatch, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC Universal of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S. 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. 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 |
