David E. Cutler joins PC Quote as manager of Northeast region sales

Business Wire, Dec 13, 1994

CHICAGO--(BUSINESS WIRE)--Dec. 13, 1994--PC Quote Inc., a leading broadcast provider of real-time securities information and news to the professional financial community, today announced that David E. Cutler has joined the firm as sales manager for the Northeast region.

Cutler, who comes to the firm after 5 1/2 years as a sales representative for Bridge Information Systems and 3 years as manager of national accounts for Dow Jones Telerate, will head efforts to sell HyperFeed(SM), PC Quote's digital market data feed, to the institutional marketplace.

HyperFeed covers real-time prices, news and fundamental data on 240,000 instruments traded on 119 exchanges in 40 countries. At 112KB, it transmits data twice as fast as any other commercially available market feed. Related PC Quote software allows end-users to access HyperFeed data through their local area networks and personal computers.

"We're very pleased to welcome David to PC Quote," said Jerry Traver, vice president of sales and marketing for PC Quote Inc. "His abilities and his experience at Bridge and Telerate make him an ideal person to represent PC Quote to the leading institutions."

"HyperFeed's speed, comprehensive and open architecture give it some distinct advantages for institutional customers," Cutler said. "And new offerings in the areas of fixed income and foreign exchange are going to enhance those advantages."

Chicago-based PC Quote Inc. is one of the world's premier electronic providers of real-time securities quotations and news delivered via satellite and land line. Founded in 1983, the company's clients include brokerage firms, trading firms, banks, insurance companies, professional fund managers, institutional traders, corporate finance departments and individual investors.

CONTACT: PC Quote Inc., Chicago

Jerry Traver, 312/913-2800