Wall Street Access and Data Broadcasting Corp. Announce Joint Internet Marketing Plan to ABA Member Banks

Business Wire, June 23, 1998

NEW YORK/LOS ANGELES--(BUSINESS WIRE)--June 23, 1998--

Members Can Qualify for Free Bond Pricing Service and

Trading Discounts

Data Broadcasting Corp. (Nasdaq:DBCC), a leading provider of real-time market data and financial information, and Wall Street Access, a leading independent discount brokerage firm, have joined forces to offer real-time bond prices and discount trading services to American Bankers Association members.

The initial focus will be on providing bank investment and trust- services professionals Internet access to bond-market information in support of trading decisions.

As part of the announcement, a special free introductory offer is available to investment and trust professionals who would like to compute the current market value of their fixed-income portfolios.

The offer is designed to illustrate the practical applications of InSite for Fixed Income, an Internet-delivered, real-time financial- research workstation created by DBC and its Capital Management Sciences division, best known for its BondEdge analytical software.

More information on the portfolio valuation offer and the InSite service is available in the Members Only section of the American Bankers Association Web site, www.aba.com.

Members of the American Bankers Association who trade with Wall Street Access can qualify to receive the InSite for Fixed Income security-analytics service free of charge or at a discounted rate, depending on their trading volume.

"The ABA is pleased to offer these services for our member banks and to provide timely market information on our Web site. We have had a long relationship with Wall Street Access and know their commitment to this market. The InSite service is a tremendous bonus and gives trust officers and bank investment managers the information they need before trading decisions are made," said Christie Speer, director of Internet Services of the American Bankers Association.

For bank investment and trust-services professionals, InSite offers full bond descriptions and historical data, real-time Treasury prices, major market indices, price/yield calculations, swap and horizon return analyses, real-time portfolio valuations, historical data, legal security descriptions and full news stories via the Internet.

InSite for Fixed Income provides real-time bond-market updates and information on more than 2.5 million U.S. fixed-income securities.

"Wall Street Access has a long history of serving banks," said Eric Alexander, managing director of Wall Street Access. "Our objective is to ensure that banks and their customers receive the best brokerage services available."

Wall Street Access provides a full range of products to banks, trust departments and bank customers, including stocks, options, bonds, mutual funds, unit investment trusts and American Depository Receipts.

Additional information about DBC's InSite product and Wall Street Access is available in the Members Only Section of the American Bankers Association Web site, www.aba.com. More information on Wall Street Access is available at the firm's Web site, www.wsaccess.com. A product tour of InSite is available at www.insite.dbc.com. Corporate information on DBC and CMS is available at www.cms-info.com.

CONTACT: Data Broadcasting Corp.

Lorraine DiBacco, 310/479-9715, ext. 5302

ldibacco@cms.dbc.com

or

Wall Street Access

Eric Alexander, 212/709-9805

alexande@wsaccess.com

or

American Bankers Association

Christie Speer, 202/663-4994

cspeer@aba.com