NEWZ Extends eContent Offerings
into Corporate Portal Space with Plumtree Agreement
BURLINGTON, Mass., Jul 12, 2000 (BUSINESS WIRE) -- NewsEdge Corporation (Nasdaq: NEWZ chart, msgs), a leading provider of eContent web services for businesses, today announced that it has completed a joint business development agreement with corporate portal market-leader Plumtree Software, which extends NewsEdge's eContent offerings into the corporate portal space. Under the terms of the agreement, NewsEdge has developed a suite of Plumtree Portal Gadgets(TM), plug-in modules that embed components of applications and interactive Internet services in a personalized portal page, to incorporate business-focused topics and real-time scrolling news in the Plumtree Corporate Portal. Joint customers can now make business decisions based on real-time news streamed from the NewsEdge gadgets.
NewsEdge was selected by Plumtree Software to build gadgets for business-related news based on NewsEdge's market share and leadership position. The NewsEdge gadgets will enable users to choose from topic-based content and a la carte content from more than 1,500 news providers. The gadgets are available immediately.
"NewsEdge is focused on delivering only the most targeted industry specific content to corporate customers. Now, using NewsEdge, Plumtree portal customers can easily access the same type of business news more than 1,700 global companies rely on each day," said NewsEdge CEO and President Cliff Pollan. "The combination of NewsEdge's customized news review, refinement and distribution process, with our broad selection of highly recognized news sources provides corporate portal customers with the relevant news they need to gain a competitive edge and better achieve their business goals."
"The addition of NewsEdge to Plumtree's partner network means instantaneous news delivery for our joint customers," said Glenn Kelman, Plumtree's vice president of marketing and product management. "This is especially good news for our customers in industries that rely on breaking news, such as finance, or oil and gas. Now they can use the portal as a single point of access for external business news and internal applications, which will ultimately speed their business processes."
NewsEdge Corporation
NewsEdge Corporation (Nasdaq: NEWZ chart, msgs) is a leading provider of eContent solutions for business- oriented web sites. Differentiating NewsEdge is its core competency in refining and personalizing content via the company's editorial team of industry specialists. NewsEdge serves approximately 1,700 organizations, comprising intranets, extranets and eBusiness initiatives, with award-winning news and information solutions including eTopics(TM), NewsEdge Insight(TM), NewsEdge Live(TM), and NewsEdge Review(TM) topics. NewsEdge is headquartered in Burlington, Massachusetts with sales offices and distributors throughout North America, South America, Europe, Japan and the Middle East. For more information about NewsEdge Corporation, please visit the company's Web site at newsedge.com.
(c)NewsEdge Corporation, 2000, all rights reserved. NewsEdge is a registered trademark of NewsEdge Corporation. All other product or service marks mentioned herein are those of NewsEdge or their respective owners.
Certain of the above statements on the Company's future revenue and financial performance, are forward-looking statements that involve risks and uncertainties. Actual results could differ materially as a result of a variety of factors, including, risks associated with acquisitions, the timely development and acceptance of new products, competitive developments, the success of relationships with third parties, and other risk factors described from time to time in the Company's SEC reports. |
