Business Wire to Deliver News Releases via Saraide's Wireless Devices

Business Wire, Nov 1, 1999

SAN FRANCISCO--(BUSINESS WIRE)--November 1, 1999--

Business Wire has signed a content agreement with Saraide, a world leader in the delivery of Internet-based information services to wireless devices, it was announced today.

Business Wire will provide Saraide with industry and company-specific news releases which will be carried through wireless carriers as part of Saraide's financial information services.

Utilizing a service bureau model, Saraide works with carriers and Internet content providers, delivering data and information services to the mobile market. Saraide provides customized, time-sensitive, location-based information services such as news updates, email stock quotes, travel information, calendars, contact lists, personal banking, e-commerce and other mobile-oriented information services. Saraide delivers this robust suite of Internet-based wireless data services to 16 carriers in North America, Europe and Asia.

"Our partnership with Business Wire represents a significant addition to Saraide's prestigious portfolio of content providers," said N. Rao Buddhavarapu, Director of Content Business Development for Saraide. "The addition of Business Wire enhances Saraide's service offering, enabling subscribers to get the latest information on companies and events of interest."

About Business Wire

Founded in 1961 by its president, Lorry I. Lokey, veteran journalist and public relations executive, Business Wire, the global leader in news distribution, is the leading source of news on major US corporations, including Fortune 1000 and Nasdaq companies.

The company electronically disseminates full-text news releases for public and investor relations professionals simultaneously to the news media, the Internet, online services and databases, and the investment community worldwide.

Business Wire is on the cutting edge of communications technology and www.businesswire.com, recognized as the premier newswire Internet site, is a pioneer in shaping the future of the interactive use of the Internet. The company introduced the Smart News Release in November 1997, which revolutionized the communications process by embedding myriad options within the conventional news release.

The company has 26 offices throughout the United States, an international hub in Brussels and reciprocal offices throughout the world.

About Saraide

Saraide is a world-leader in delivering Internet-based services to wireless devices. Using an open technology platform, Saraide provides wireless operators with a wide array of exceptional, value-added services including email, stock quotes, travel information, electronic commerce, calendars, contact lists and personal banking - independent of time, device, content or air interface. Saraide has offices in North America and Europe including San Francisco, Ottawa, Dallas, New York, Washington, Rotterdam, London, Paris and Stockholm. Saraide is a member of the WAP Forum.

For more information on Saraide, please go to http://www.saraide.com.

Saraide is a trademark of saraide.com inc. and/or saraide.com ltd.