| To: Ms. Baby Boomer who wrote (2321) | 4/20/2000 10:13:00 AM | | From: Ms. Baby Boomer | | | |
NewsEdge Corporation Fuels International Expansion With New Syndicated European Content
Explosive Growth in Europe Drives Demand for Leading Publisher's News
GENEVA--(BUSINESS WIRE)--April 18, 2000--NewsEdge Corporation, a leading provider of e-content applications for business web sites, today announced new and expanded relationships with the BBC, the Daily Telegraph, eFinancial News, Les Echos, ATS Swiss National News, PR Line France, AFX News, and UK-based Press Association. NewsEdge continues to aggressively syndicate global content to fuel the dramatic growth it is experiencing in the European markets.
NewsEdge's European operations, established six years ago, more than doubled its new business growth in 1999, with many large global companies licensing NewsEdge e-content solutions for their internets, enterprise, extranets, communities and marketplaces.
"With over 1,400 customers world-wide, NewsEdge is committed to providing strong, effective global e-content to our customers and partners," said Cliff Pollan, Chief Executive Officer, NewsEdge Corporation. "We continue to aggressively syndicate content to meet the needs of our readers and match those needs with award-winning products, services and e-content solutions."
These publishers join an impressive roster of global providers of English and native language content. The list includes Dow Jones, Financial Times, Reuters, Agence France Presse, Bloomberg, Bridge News, Comtex, Deutsche Press Agentur Gmbh, The Economist Magazine, the Globe & Mail, Het Financieele Dagblad, Kyodo, Nikkei and Asia Pulse.
As a global company, NewsEdge has sales offices established throughout North America, Europe, the Middle East, Africa and Asia. The European headquarters are based in Geneva, Switzerland. The company's US headquarters is located in Burlington, Massachusetts.
About NewsEdge Corporation
NewsEdge Corporation (NASDAQ: NEWZ) is a leading provider of e-content applications for business web sites. NewsEdge serves approximately 1,450 organisations, including 43 of Business Week's 50 largest global companies with award-winning news and information products including NewsEdge Insight(TM), NewsEdge Live(TM), and NewsEdge Review(TM) topics. 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.
--------------------------------------------------------------------------------
Contact:
NewsEdge Corporation
Sheila McGarrigle
+41 22 849 0550
Sheila.mcgarrigle@newsedge.com
or
NewsEdge Corporation
Paul Joyal
781-229-3342
Paul.joyal@newsedge.com
or
Write Image Limited
Sarah Mason
+44 (0)171 493 5400
sarah@write-image.co.uk |
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| To: majormember who wrote (2323) | 4/25/2000 11:07:00 AM | | From: Ms. Baby Boomer | | | |
Hi Skane ... FYI: NEWZ today >
Tuesday April 25, 9:59 am Eastern Time
Company Press Release
SOURCE: NewsEdge Corporation
NewsEdge and Autonomy Sign Global Partnership Agreement
Global Partnership Expands Both Companies' Reach and Encourages Customers To Leverage NewsEdge E-Content With Autonomy's Automated Infrastructure For Sorting and Routing Information
BURLINGTON, Mass., April 25 /PRNewswire/ -- NewsEdge Corporation (Nasdaq: NEWZ - news), a leading provider of e-content applications for business web sites, and Autonomy Corporation (Easdaq: AUTN), a leading provider of technology for automating the handling of unstructured information, have entered into a partnership to sell and market their respective e-content and infrastructure applications to Web portals, corporate intranets, and e-commerce services and business exchanges. As part of the global marketing and sales agreement, both companies will promote and sell NewsEdge's e-content services and Autonomy's automated infrastructure products to their expanding customer bases worldwide.
``NewsEdge customers have one thing in common: They all want to provide access to the best information resources. By deploying Autonomy's automated infrastructure for sorting, linking, personalizing and routing information, they will be able to accomplish that goal without wasting any time on some of the onerous tasks associated with organizing such vast amounts of information,'' said Cliff Pollan, CEO, News Edge.
``There is no doubt that our customers will benefit from the targeted business content that NewsEdge provides to the corporate and business Internet marketplace,'' said Autonomy CEO Mike Lynch. ``And by partnering with leading third parties like NewsEdge, Autonomy continues to expand its sales and marketing efforts into new markets and geographies.''
NewsEdge and Autonomy each have award-winning technologies that enable companies to manage information for their web and portal communities. NewsEdge, through a unique editorial process that marries technology and editorial specialists, delivers targeted, highly relevant external business information from hundreds of high quality, authoritative sources to public, enterprise and extranet web sites. The NewsEdge Insight(TM) offering was the recent winner of the 1999 Personal Information Product Award sponsored by Information Age.
Autonomy's technology analyzes and ranks the ideas within any piece of text, regardless of its language or format. That is why Autonomy can automate the most time-consuming and costly functions involved with deploying an eBusiness solution, including categorizing, tagging, hypertext linking and personalizing large amounts of information from external newsfeeds, the Web, Lotus Notes files or other corporate repositories.
Feedback from NewsEdge and Autonomy customers has been very positive. Ian Black, Head of Corporate Communications and Public Affairs at BAe Systems, said: ``NewsEdge has enabled us to manage external news and information from the world's most valued sources. We use the combined power of NewsEdge and Autonomy to manage internal and external information and ensure that the right information gets to the right people at the right time.''
About Autonomy Corporation
Autonomy's technology powers large-scale, personalized systems for knowledge management, enterprise portals, new media publishing and electronic commerce. Because of its ability to analyze any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of otherwise labor-intensive tasks. These range from categorizing information by subject matter, to inserting hypertext links to related material, to profiling users based on the ideas in the text they read or write, to delivering information to those most likely to be interested.
Autonomy was founded in 1996 and has offices in Boston, Chicago, Dallas, San Francisco, New York, and Washington, D.C. in the United States as well as offices in Cambridge, England, Amsterdam, Brussels, Frankfurt, Milan, Munich, Paris, Oslo Stockholm and Sydney. For further information please visit the company's website at autonomy.com.
About NewsEdge Corporation
NewsEdge Corporation is the leading provider of e-content applications for business web sites. NewsEdge serves approximately 1,450 organizations, including 43 of Business Week's 50 largest global companies, with award-winning news and information products including 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.
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.
SOURCE: NewsEdge Corporation |
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| To: Tim Luke who wrote () | 5/9/2000 1:24:00 PM | | From: Ms. Baby Boomer | | | | |
Ok Tim, SI e-mailed that thread subjects can only be changed by the "person" who initiated them. Well guy ... time moves on, think NEWZ's needs to updated? FYI, our little INDV was sold to Winstar. FWIW, NewsEdge no longer = INDV + DTOP. So, am I back to talking to myself ... or are you reincarnated?! ... LOL.... |
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| To: Ms. Baby Boomer who wrote (2326) | 5/9/2000 10:49:00 PM | | From: Ms. Baby Boomer | | | |
NewsEdge Announces Q1 Results, New Strategy --
Focuses Company Resources on eContent Market
New eTopics Product Captures More than 60 New Customers in Limited Release
BURLINGTON, Mass.--(BUSINESS WIRE)--May 9, 2000-- NewsEdge Corporation (Nasdaq: NEWZ) today announced first quarter financial results and a strategic realignment that dramatically broadens its focus from serving knowledge workers in Global 2000 corporations to providing digital eContent to over 2.5 million business oriented Web sites worldwide. This global plan capitalizes on the firm's media partnerships, technology, editorial expertise and international sales and support infrastructure to provide targeted business content applications that make corporate intranets, extranets, public Web sites, e-commerce exchanges and portals more effective.
"This is the biggest change in direction in the company's history," said Cliff Pollan, President and CEO. "We have been very successful selling news to knowledge workers for the past decade, and are using that success as the foundation for our move into new markets. Currently Delphi values the eContent market at $13 billion. We will now leverage a considerable portion of our resources to help current clients and other businesses extend their customer and supplier relationships onto the Internet."
Effective immediately, NewsEdge has reorganized its resources around eContent management, developing new e-content applications and adding new sales channels. Nearly half of the Company's resources will now be dedicated to the new eContent strategy.
Mr. Pollan continued, "The Internet economy is transforming the way goods and services are bought and sold. The Gartner Group estimates the market for BXB commerce to top $2.7 trillion by 2004. Accordingly there is vast, unmet need for powering these exchanges with business-focused content that can actually improve the experience and transactional effectiveness of eBusiness."
Strategic Focus on eContent Market
Today's Web economics are driven by a critical business need to build audiences as quickly as possible while achieving profitability. In today's business world the ability to simply attract site traffic isn't enough.
Mr. Pollan added, "NewsEdge is uniquely positioned to deliver vertically targeted content to help Web sites appeal to specialized audiences, foster high frequency usage, and ultimately, cultivate eCommerce. Nobody delivers more targeted electronic content on a daily basis to corporations worldwide than NewsEdge," said Mr. Pollan. "Our years of experience in developing media sources, together with the technology and editorial output from our NewsEdge Refinery(TM) provides us a significant competitive advantage in this attractive new marketplace."
"The next phase of eContent is "contextual commerce" -- the ability to map business content to transaction opportunities. Contextual commerce and eContent work in tandem as integral components in a business's long-term survival and together represent a significant potential revenue opportunity for the company."
Early Success for First eContent Product Offering
NewsEdge's first product specifically designed to exploit this strategic redirection is eTopics (see separate release, ("NewsEdge announces eTopics:Custom Editorial Content Now Available for Business Web Sites") The eTopics product delivers current, tailored business content to web portals, extranets and e-commerce exchanges. Previously available on a limited basis, orders with an annual value of over $1 million of the eTopic product have already been sold to over 60 customers as diverse as Agilent, micronpc, Industry Solutions On-Line, LTD and Purchasing Center.com. When adding these new product results to the company's existing efforts, NewsEdge's total eContent sales already exceed $3 million in annual contract value today.
With eTopics, companies can select topics from NewsEdge's extensive editorial library of 1,500 business-oriented topics. Each topic is fully incorporated into the site, providing visitors with the day's top stories in headline and brief format. Visitors can choose to delve into the full text article by clicking on the title. Each morning the site is stocked with fresh content from over 200 respected global information sources, including The Associated Press, Phillips, American Health Consultants, IDG (InfoWorld) and Bridge.
First Quarter Financial Results
NewsEdge today also announced its financial results for its first quarter of 2000 ended March 31, 2000. Reflecting one-time expenses of $1,368,000 related to retention payments, transaction costs and expenses incurred as part of the terminated acquisition of NewsEdge by Rowecom, Inc. and $2,066,000 related to asset write-offs and reserves associated with the Company's transition to its aforementioned eContent strategy, the Company reported a net loss from continuing operations of $7,132,000, or $0.40 per share, compared to a net loss of $1,257,000, or $0.07 per share, in the 1999 first quarter. The Company expects to incur an additional $550,000 in retention payments related to the Rowecom transaction in the second quarter of 2000. After giving effect to a $5,494,000 gain on the sale of its 80% equity interest in Individual.com, Inc. in February, net of operating losses, the Company reported a net loss of $3,497,000, or $0.20 per share, compared to a net loss of $3,185,000, or $0.18 per share, in the first quarter of 1999.
Excluding the non-recurring items, the gain on the sale of Individual.com and operating losses from the discontinued business segment, NewsEdge would have reported a net loss from continuing operations of $3,698,000, compared to a net loss of $1,257,000 in the year ago first quarter. Revenue for the first quarter of 2000 totaled $17,329,000, compared to $18,360,000 in the year ago quarter, which includes $641,000 related to discontinued product lines. Excluding harvested revenue, comparable revenue for the first quarter of 1999 was $17,719,000.
"NewsEdge is leveraging its core assets to enter an exciting new market ," said NewsEdge CFO Ron Benanto. "With approximately $17 million in cash, and the continuing receipt of proceeds from the sale of Individual.com and a debt free balance sheet, we are well capitalized to pursue this opportunity and are squarely focused on enhancing shareholder value."
About NewsEdge Corporation
NewsEdge Corporation (Nasdaq: NEWZ) is the leading provider of eContent applications for business web sites and enterprise intranets. NewsEdge's serves approximately 1,450 organizations, including 43 of Business Week's 50 largest global companies, with award-winning news and information solutions including 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.
(Summary Financial Table, Consolidated Statement of Operations, Balance Sheet to follow)
NEWSEDGE CORPORATION
Summary Financial Table (unaudited), Excluding One-Time Items
(in thousands, except per share data)
Three Months Ended
March 31,
2000 1999
----- ----
Revenues $17,329 $17,719
Other revenues(a) 641
--------------- ------------
Total revenues $17,329 $18,360
Operating Expenses
Cost of Revenues 7,566 7,720
Customer support expenses 1,469 1,293
Development expenses 2,637 2,339
Sales and marketing expenses 8,795 7,937
General and administrative expenses 765 727
-------------- -------------
Total expenses 21,232 20,016
Operating loss (3,903) (1,656)
Interest income, net 229 432
--------------- ---------------
Loss from continuing operations
before taxes (3,674) (1,224)
Provision for income taxes 24 33
--------------- ---------------
Net loss from continuing
operations (3,698) (1,257)
=============== ===============
NEWSEDGE CORPORATION
Consolidated Statements Of Operations
(unaudited)
(in thousands, except per share data)
Three Months Ended
March 31,
2000 1999
Revenues $17,329 $17,719
Other revenues(a) 641
-------------- ---------------
Total revenue $17,329 $18,360
Cost of revenues 7,566 7,720
--------------- ---------------
Gross Profit 9,763 10,640
Operating Expenses #
Customer support expenses 1,498 1,293
Development expenses 3,243 2,339
Sales and marketing expenses 9,766 7,937
General and administrative expenses 2,593 727
--------------- ---------------
Total expenses 17,100 12,296
Operating loss (7,337) (1,656)
Interest income, net 229 432
--------------- ---------------
Loss from continuing operations
before taxes (7,108) (1,224)
Provision for income taxes 24 33
--------------- ---------------
Net loss from continuing
operations (7,132) (1,257)
Loss from discontinued operations,
net (1,859) (1,928)
Gain on the sales of
Invididual.com, Inc. 5,494 --
--------------- ---------------
Income (loss) from discontinued
operations 3,635 (1,928)
Net loss applicable to common
shares $(3,497) $(3,185)
=============== ===============
Net loss per common share
Continuing operations $(0.40) $(0.07)
Discontinued operations $0.20 $(0.11)
--------------- --------------
Total loss per common share $(0.20) $(0.18)
=============== ===============
Weighted average common shares
outstanding 17,684,000 17,305,000
=============== ===============
(a) "Other" represents terminated/harvested product lines that have been phased out and/or de-emphasized by the Company.
# 2000 first quarter expenses include certain non-recurring charges totaling $3,434,000. These include $1,368,000 in costs related to retention payments, transaction costs and expenses incurred as part of the termination of the Rowecom, Inc. acquisition of NewsEdge and $2,066,000 in asset write-offs and reserves associated with the Company's transition to its new strategic direction.
NewsEdge Corporation and Subsidiaries
Condensed Consolidated Balance Sheet
(in thousands, except share data)
March 31, December 31,
2000 1999
----------------- ----------------
ASSETS (unaudited)
Current assets:
Cash and cash equivalents $16,673 $20,278
Accounts receivable 18,857 11,280
Due from WinStar 5,500 -
Prepaid expenses and deposits 5,603 5,132
----------------- ----------------
Total current assets 46,633 36,690
----------------- ----------------
Property and equipment, net 8,436 9,398
----------------- ----------------
Other assets 1,127 1,766
----------------- ---------------
Total assets $56,196 $47,854
================= ================
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $3,353 $2,869
Accrued expenses 17,881 14,837
Deferred revenue, current 30,569 23,010
Current portion of long-term
obligations 181 303
----------------- ----------------
Total current liabilities 51,984 41,019
----------------- ----------------
Deferred revenue, nonrecurring 275 124
----------------- ----------------
Stockholders' equity:
Common stock 182 181
Additional paid-in capital 130,781 130,136
Cumulative translation
adjustment 19 (58)
Accumulated deficit (124,319) (120,822)
Treasury stock, at cost;
432,000 shares (2,726) (2,726)
----------------- ----------------
Total stockholders' equity 3,937 6,711
----------------- ----------------
Total liabilities & stockholders'
equity $56,196 $47,854
================= ================
The accompanying notes are an integral part of these condensed
consolidated financial statements.
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Contact:
Ron Benanto
NewsEdge Corporation
781-229-3070
ron.benanto@newsedge.com
OR
Ann Shannon
Mullen Pubic Relations
978-468-1155
ashannon@mullen.com
OR
Stewart Lewack, Robert Rinderman
Jaffoni & Collins Incorporated
617-236-0052, 212-835-8500
newz@jcir.com |
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| To: Ms. Baby Boomer who wrote (2327) | 5/19/2000 6:08:00 PM | | From: Ms. Baby Boomer | | | |
NEWZ Announces Key Additions to Senior Management Team
New appointments follow company's recent strategic realignment
BURLINGTON, Mass., May 18 /PRNewswire/ -- NewsEdge Corporation (Nasdaq: NEWZ), today announced two new appointments to the Company's senior management team. NewsEdge president and CEO Cliff Pollan announced Jon McNerney as Senior Vice President of Global Sales and Charlie White as Vice President of eContent Services. McNerney and White will report directly to Pollan.
The appointments come on the heels of the Company's recent announcement that it will attack the emerging eContent market, redirecting nearly half of its resources to support the effort.
"NewsEdge's human capital is one of this Company's recognized core assets," said Pollan. "Jon McNerney and Charlie White will be key players on our revitalized management team as we move forward with our new strategy," said Pollan.
As Senior VP of Global Sales, McNerney will lead the Company's worldwide sales team. McNerney previously led NewsEdge's European operations, which more than doubled its new business growth in 1999. With extensive experience in the electronic information industry, McNerney has served as VP at Investment Intelligence Services Corporation (IISC), a financial systems integrator, and as VP and General Manager at Government Technology Inc., a worldwide hardware and software distributor.
White, previously focused on business development for the Company, assumes responsibility for all areas of the newly formed eContent group. The group integrates all functions in designing, building, packaging and pricing the Company's new eContent offerings, including content licensing, product design and management, development, editorial and business development. After joining the Company in 1993, White has successfully led many important initiatives, including the recent launch of eTopics(TM), the Company's first product for the eContent market. White's background includes positions in business development at Individual, Inc. and in sales at MarketPulse Corporation and BayBank Corporation.
NewsEdge Corporation
NewsEdge Corporation (Nasdaq: NEWZ) is a leading provider of eContent applications for business web sites and enterprise intranets. Differentiating NewsEdge is its core competency in refining and personalizing content via the company's editorial team of industry specialists. NewsEdge's serves approximately 1,450 organizations, including 43 of Business Week's 50 largest global companies, with award-winning news and information solutions including 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.
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.
--------------------------------------------------------------------------------
SOURCE: NewsEdge Corporation
CONTACT: Ann Shannon of Mullen Public Relations, 978-468-1155, or ashannon@mullen.com, for NewsEdge Corporation; or Paul Joyal of NewsEdge Corporation, 781-229-3342, or paul.joyal@newsedge.com |
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| To: Ms. Baby Boomer who wrote (2329) | 6/14/2000 11:12:00 PM | | From: Ms. Baby Boomer | | | |
NEWZ Signs 100th eTopics(TM) Customer
-Demand for Digital Business Content Sparks Rapid Sales for NewsEdge eContent Product-
BURLINGTON, Mass., June 14 /PRNewswire/ -- NewsEdge Corporation (Nasdaq: NEWZ), today announced the signing of its 100th eTopics(TM) customer. Last month the Company announced a strategic refocusing on eContent solutions to business-oriented Web sites, which has generated rapid sales since its release. Aggregate annual contract value for eTopics is now approximately $2 million
eTopics delivers current, editorially tailored global business content to corporate intranets, web portals, extranets and e-commerce exchanges. Clients include Salary.com, Industry Solutions Online Ltd, Agilent, healthchannel.com, hrVillage.com and B2BXchange, Inc.
"This phenomenal response to eTopics validates recent market research and our firm belief in the demand for business-specific content on the Web," said NewsEdge CEO and President Cliff Pollan. "We are well positioned in this market space and will continue leveraging our unique technology and editorial innovations to help business web sites with their diverse content needs which support their readership and commerce goals."
In May, the Company announced that it would refocus its resources around eContent management, developing new eContent solutions and adding new sales channels. In limited release prior to general commercial availability, 60 customers purchased eTopics, generating orders with an annual value of over $1 million.
How It Works
eTopics customers select topics from NewsEdge's editorial library of 1,500 business oriented topics, filtered and reviewed by the Company's editorial experts. Each topic is incorporated into the customer site, providing visitors with the day's top stories. Additionally, web site managers have the option of working directly with the Company's editorial experts to create custom topics specific to their needs, to be maintained daily by NewsEdge staff. Each business day the site is replenished with fresh content from over 400 information sources worldwide, including The Associated Press, Knight- Ridder Tribune, Le Monde, Il Sole 24 Ore, Neue Zurcher Zeitung, Phillips, American Health Consultants, InfoWorld, News Straits Times, and Bridge News.
Clients on Board
Salary.com is among the new clients to augment their sites with eTopics. The Wellesley, MA-based company provides compensation data and content online at no charge for individuals, business managers and human resource professionals.
Andy Linn, Senior Vice President of Product Management at Salary.com commented, "With eTopics, we can provide relevant, timely content that business and HR managers need to stay informed about compensation issues in the news. eTopics' daily content aggregated from hundreds of sources and integrated with our own original research, data, and feature articles enhances our position as the leader in on-line compensation information."
Another early adopter of eTopics is Industry Solutions OnLine Ltd., a UK- based wholly owned subsidiary of Sterling Publishing Group PLC which provides business-to-business vertical web sites in industries including power, chemicals and water.
"Using eTopics, the latest industry news was quite easily implemented on the first of many web sites we will launch in the coming year," said Julie West at Industry Solutions OnLine. "We are impressed by the range of industry-specific sectors covered by eTopics, and confident that content is suitable for the specific interests of the site's audience."
NewsEdge Corporation
NewsEdge Corporation (Nasdaq: NEWZ) 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's serves approximately 1,450 organizations, including 43 of Business Week's 50 largest global companies, with award-winning news and information solutions including eTopics?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.
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.
--------------------------------------------------------------------------------
SOURCE: NewsEdge Corporation
CONTACT: Ann Shannon of Mullen Public Relations, 978-468-1155, ashannon@mullen.com, Paul Joyal of NewsEdge Corporation, 781-229-3342, paul.joyal@newsedge.com |
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