Cantos Reaches Over 20,000 Users and Launches New Site Design

LONDON, UNITED KINGDOM


LONDON, Oct. 30, 2002 (PRIMEZONE) -- Cantos, the online video communications service for corporates, today announces that it now has over 20,000 registered users. It is also today launching a new look Website.

In the last year, Cantos has seen rapid growth. Individuals from over 800 buy and sell side institutions globally have registered, including 9/10 of the leading holders of UK equity. Cantos has also attracted considerable interest from private investors, stockbrokers and IFAs, and they now form 20% of the Cantos user base. And, representing the trends in today's markets, an increasing number of Cantos users are also coming from the fixed income and credit community and from hedge funds. Other users include corporates and their employees, stock exchanges, regulators, government agencies and the media. The core base of registered users is in the UK but the audience spans over 100 countries with major concentrations in the USA, Canada, continental Europe, Australia, South Africa and Japan.

Some 700 companies have now featured on Cantos, clearly demonstrating a corporate need to communicate direct, on video, on the Internet.

The new site design has been based on input from the investment managers and analysts on the Cantos User Panel and makes it even easier to access, navigate and search.

Lucy Parker, CEO said: "To have exceeded 20,000 users so quickly is a great achievement and proof that there is real institutional investor appetite for receiving focused, corporate content in video at the desktop."

Iraj Ispahani, Deputy Chief Executive added: "A key to our success to date is that we work hard to stay close to our users in financial institutions and ensure that what we are doing works for them. The new design makes the site even more user friendly and has been very well received by the investment managers and analysts on our User Panel."

For further information, please contact:

Rosie Catherwood, Cantos Communications, 020 7936 1381, rosie.catherwood@cantos.com

Andrew Nicolls/Tasneem Jinnah, Penrose Financial, 020 7786 4881/62, andrewn@penrose.co.uk, tasneemj@penrose.co.uk

Cantos

Cantos, the online video communications service for corporates, has made programming for over 700 companies including over 65% of the FTSE 350. The broadcast content on cantos.com includes in-depth interviews with top management, Web documentaries and virtual site visits and coverage of the day's main stories on the headlines service.

Clients include Alliance & Leicester, Amersham, Aviva, AWG, BAT, BG Group, Corus, De La Rue, Diageo, Invensys, Marks & Spencer, Nasdaq, Prudential, P&O Princess, RollsRoyce, SABMiller, Sainsbury, Serco, Shell, Standard Chartered, Swiss Life, Unilever and many more.



        

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