ALEXANDRIA, Va., August 1, 2000 (PRIMEZONE) - COMTEX News Network, Inc. (OTC BB:CMTX) announced today the launch of Newsroom Direct, a specialized news application delivering a comprehensive suite of hosted top news products to bring regularly updated, customized news to Web customers.
Newsroom Direct is a cost-effective solution for Web sites and Web businesses with limited technology resources. Customers who choose Newsroom Direct can access the day's top news stories by simply adding a few lines of HTML code. This new COMTEX integration option enables businesses to post news on their Web sites at Internet speed. Newsroom Direct is ideal for promoting Web site 'stickiness' and deters users from clicking elsewhere.
While COMTEX hosts the content, Newsroom Direct products are embedded in our customers' Web sites, maintaining a unique look. The news feeds, compiled from premier wire services, are updated regularly throughout the day.
Through Newsroom Direct, customers can receive a broad range of news story options including financial markets, vertical markets, general market and world news in the following categories:
-- Front Page - Designed to reflect the front page of major U.S.
national newspapers, COMTEX' Front Page highlights key global
news and delivers it to customers before the major daily papers
have hit the streets.
-- Newsroom Top Headlines - COMTEX' editors identify the five
leading stories of the day among 12 categories to provide users
with important news to keep them informed.
-- Financial Update - COMTEX'financial update keeps businesses
informed of the fast-paced financial markets.
-- Industry Update - COMTEX' industry update affords leading
decision makers timely and competitive information about their
specific industry.
Stories within each category are selected by COMTEX' highly skilled editorial staff to guarantee relevant, customized news for subscribers' target audiences.
"With Newsroom Direct, COMTEX launches the first phase of a new product line to meet the needs of a growing and diverse Internet audience," said Charles Terry, COMTEX' President and CEO. "Providing fresh content is increasingly important for online businesses, and Newsroom Direct offers customers the news they need in an affordable package."
About COMTEX News Network, Inc.
COMTEX News Network, Inc. (OTC BB:CMTX) is a full service, business-to-business infomediary that aggregates and redistributes diverse, real-time global news and information for the Internet, Wall Street and corporate reseller markets. COMTEX' innovative technology gathers nearly 20,000 stories a day from over 1,400 diverse, global sources to create its subject-specific, value-added headline and vertical-market news products for distribution to over 750 companies throughout the world, reaching millions of end users. COMTEX' products include CustomWires(r), Newsroom Enhanced Products, Newsroom Direct, Publisher Full-Feeds and Processing Services. Select publishers include Africa News Service, The Associated Press, Business Wire, Bridge Information Systems, Internet Wire, Knight Ridder/Tribune, Newsbytes, ON24, South American Business Information, The Sports Network, UPI and Xinhua. Located in Alexandria, VA, COMTEX can be found on the World Wide Web at http://www.comtexnews.net.
Note: All product and company names may be trademarks or registered trademarks of their respective holders.
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that COMTEX is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological and other risks, costs and delays associated with the start-up and operation of major capital projects, changing governmental regulations and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission. COMTEX undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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CONTACT: Amy Gutowski
(703) 820-2000
agutowski@comtexnews.net
Lisa Tulis
(202) 973-3629
ltulis@porternovelli.com