COMTEX Announces Content Partnership with the Financial Times

Information Today, Sept, 2000

COMTEX News Network, Inc. has announced it will enhance its content offering by including World Media Abstracts (WMA) from FT.com Information Services for delivery to its growing network of distributors.

According to the announcement, a daily stream of news from FT.com Information Services will deliver an even richer content offering and significantly enhance COMTEX's products and services. Specifically, COMTEX will aggregate European Business News, UK Business News, and Wall Street Journal Abstracts.

"Adding robust content from FT.com Information Services, a well-known international publisher, is a significant acquisition for COMTEX," said Charles Teny, COMTEX News Network president and CEO. "Our customers will now be able to make WMA's world-class reporting and abstracts from The Wall Street Journal available to their end-users."

"Partnering with COMTEX introduces FT World Media Abstracts to new audiences through COMTEX's vast distribution network," said Adrian Clarke, director of FT.com Information Services. "Now business professionals will have the flexibility of accessing our news and information from various Web sites and applications."

According to the announcement, FT.com Information Services is one of the world's most respected suppliers of online information, providing authoritative business news and information to business professionals across the globe. It comprises the Financial Times newspaper's electronic version, Asia Intelligence Wire (AIW), China Intelligence Wire (CIW), Europe Intelligence Wire (EIW), FT World Media Abstracts (WMA), and the Business Research Centre. FT.com Information Services is part of Pearson, PLC, the international media group.

COMTEX News Network, Inc. is a B2B infomediary that aggregates and redistributes diverse, real-time global news and information for the Internet, Wall Street, and corporate reseller markets. Each day, COMTEX gathers thousands of stories from over 1,400 global sources, selected from services such as Africa News Service, The Associated Press, Business Wire, Bridge Information Systems, Internet Wire, Knight Ridder/Tribune, News-bytes, ON24, South American Business Information, The Sports Network, UPI, and Xinhua, to create its subject-specific Custom Wires, headline and vertical-market news products for distribution to over 750 companies throughout the world.