Multex.com Signs Content Agreement with Redwood

Business Wire,  May 30, 2000  

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Business & Technology Editors

BOSTON--(BUSINESS WIRE)--May 30, 2000

Comprehensive Market Guide Database of Company Information to be

Made Available To Investment Professionals on Redwood(SM) Manager

Redwood, developer of Web-based and Wireless solutions to help investment professionals tame information overload, today announced that it has signed an agreement with Multex.com (NASDAQ: MLTX), the Internet's leading financial e-marketplace connecting buyers and sellers of financial services, to deliver company information from its Market Guide Web site (www.marketguide.com).

Market Guide will provide fundamental company data in a variety of formats from its comprehensive database covering more than 13,000 publicly traded domestic and foreign corporations to Redwood at www.redwood.com. Portfolio managers and analysts use Redwood(SM) Manager, to tame information overload into contextual, actionable information.

Market Guide's industry-leading financial information will be available to Redwood clients through desktop and wireless applications, from PCs and laptops to PDAs and cell phones, ensuring that they get the information they need to manage their portfolios wherever they are. Among other things, investment professionals can access company information in snapshot or full report form, Multex.com consensus estimates, dividend reinvestment information, insider trading information, standard company financials, and regional and industry comparisons of specific companies.

"We're pleased to offer Market Guide's rich content incorporated with our other best of breed, institutional quality sources," said Robert Leaper, Redwood's VP Sales and Business Development. "This deal with Multex.com will allow our clients to aggregate key information in the context of their holdings and to take advantage of Market Guide's data by customizing their own views and searching the data in unique and highly automated ways."

"Redwood provides us with a tremendous distribution channel to feed our company information to professional investors, who are one of our key constituencies. This agreement is an integral part of Multex.com's strategy to connect the main participants in the global financial services marketplace: brokerage firms, investment banks, corporations and individual and institutional investors," said Homi Byramji, Senior Vice President of Multex.com.

About Redwood

Redwood (www.redwood.com) develops Web-based and Wireless solutions to help investment professionals tame information overload. Redwood Manager, the company's premier offering, is a unique Internet-based service designed specifically for professional portfolio managers and analysts. Headquartered in Boston with 50 employees and growing, and with offices in New Delhi, India, Redwood is revolutionizing every step in the investment process-from idea to result-for all participants. Investment professionals can access Redwood's Internet suite from desktop computers and wireless devices to simplify, track and act on intelligent and aggregated information in the context of their portfolios.

Redwood Manager was introduced on May 1, 2000 at the AIMR Annual Conference in Chicago.

About Multex.com

Multex.com, Inc. (www.multex.com) is the Internet's leading financial e-marketplace connecting buyers and sellers of financial services. Multex.com is a global company that provides information and commerce enabling technology and infrastructure, application services, Web hosting and online community services to the major financial marketplace participants: brokerage firms, investment banks, corporations, and individual and institutional investors. The company focuses on three core business areas: Business-to-Business (B2B), which provides real-time, Web-based financial applications and information to institutional investors and other financial institutions; Application Service Provider (ASP), which develops, hosts and operates Web sites and portals for financial institutions, enabling them to connect to their clients; and Business-to-Consumer (B2C), which provides financial applications and information to individual investors through a network of branded and affiliate Web sites.

Multex.com serves this fast-growing and diverse marketplace through a number of industry leading brands, including: MultexNET(R), a subscription/transaction based, real-time, online service providing financial information from more than 700 firms such as Merrill Lynch, Salomon Smith Barney and Robertson Stephens to more than 10,000 buy-side firms and more than 30,000 subscribers; MultexEXPRESS(SM), a Web-development and hosting business with more than 80 sites serving more than 1.5 million users; BuzzPower, industry leading e-community software; and Multex Investor,(SM) Sage Online and Market Guide, Multex.com's individual investor sites, which serve more than 1.5 million registered users. Multex.com has more than 500 information and distribution partners including: Reuters, Bloomberg, Dow Jones, AOL, Yahoo!, Quicken.com, CBS MarketWatch and CNNfn.com.