| To: Tim Luke who started this subject | 8/5/2000 12:51:38 AM | | From: Ms. Baby Boomer | | | | Hi Tim, NEWZ completes sale of INDV...
biz.yahoo.com
NewsEdge is expected to recognize a gain of approximately $2 million related to the sale, for the quarter ending September 30, 2000.
The remaining cash payment schedule for the entire transaction has now been finalized, with the remaining payments to be made by September 1, 2000, December 31, 2000 and a final payment of $1 million on February 28, 2001. |
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| To: Ms. Baby Boomer who wrote (2338) | 8/7/2000 3:48:27 PM | | From: Ms. Baby Boomer | | | | Media Companies Will Represent Fastest-Growing U.S. Industry Through 2004
According to Veronis Suhler's 14th Annual Communications Industry Forecast
See Business Information Services >
Factors driving BIS expansion include the integration of e-commerce and e-content into traditional data-driven services; increased computing power; increasing availability of broadband Internet access; advances in streaming video and Web browsers; and improved analytical software -- all enabling businesses and individuals to access information efficiently from an ever-increasing universe of sources. The enhanced technology has also been a boon for third-party aggregators -- companies such as NewsEdge, FactSet, Comtex and OneSource that integrate and interpret business data from multiple sources for high-margin resale.
Full Story link @ newsalert.com |
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| To: Ms. Baby Boomer who wrote (2339) | 8/8/2000 4:24:10 PM | | From: Ms. Baby Boomer | | | | NEWZ completes $1.85M Private Placement >
Tuesday August 8, 11:41 am Eastern Time
Press Release
BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 8, 2000--NewsEdge Corporation (Nasdaq:NEWZ - news), a syndicator of eContent and global news services, today announced it has closed a financing of $1,845,000 through a private placement of 868,234 shares of its common stock. The investors consisted of existing shareholders, officers and directors of the Company and one new investor. In connection with the private placement, the Company also issued warrants to purchase approximately 492,000 shares of common stock with an exercise price of $4.00 per share to the same investors.
The common stock offered in the private placement has not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
About NewsEdge Corporation
NewsEdge Corporation (Nasdaq:NEWZ - news) is a syndicator of eContent and global news services. Differentiating NewsEdge is the Company's core competency--built over more than a decade--in refining tens of thousands of daily news and eContent items into useful, granular feeds and delivering them over the Internet. The Company employs a unique combination of leading technology and an editorial team of industry specialists to create an extensive and proprietary library of 1,500 business-oriented topics. NewsEdge serves Intranets, Extranets and eBusiness initiatives at 1,700 organizations with award-winning news and information solutions including iTopics(TM), eTopics(TM), NewsEdge Insight(TM), NewsEdge Live(TM), and NewsEdge Review(TM) topics. NewsEdge Corporation 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. |
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| To: Ms. Baby Boomer who wrote (2340) | 8/8/2000 9:59:58 PM | | From: cliff28 | | | | Maria,
Thanks for keeping the site alive for the last few months. I have held NEWZ for several years now and would like to some day see a comeback. I am in the pharma industry and NEWZ products are used for many industry tracking purposes. I tracked pharma information in my previous job and used NEWZ services. The product I used was the best of several choices. I have felt that the company was worth more than it has been valued which is why I continued to hold through the attempted ROWE buyout. Not sure if we will ever make it back but, from using the product, I feel that holding will be rewarding eventually.
Thanks for keeping the posts current. |
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| To: Ms. Baby Boomer who wrote (2342) | 8/11/2000 12:20:27 AM | | From: Ms. Baby Boomer | | | | News Distribution Service Begins in South Africa
PR Newswire and BDFM to Provide Companies With Customized Services
* Basic U.S. disclosure via the AP network to cover the 40 primary U.S. media points required by the Securities & Exchange Commission including The New York Times and The Wall Street Journal as well as 1,200 global databases and online services such as Bloomberg, Dow Jones, Reuters, Yahoo, AOL, CompuServe, NewsEdge, Pointcast and Microsoft Network.
newsalert.com |
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| To: Ms. Baby Boomer who wrote (2344) | 8/24/2000 8:40:35 PM | | From: Ms. Baby Boomer | | | | Thursday August 24, 2:46 pm Eastern Time
NewsEdge Stock to Continue Trading on Nasdaq National Market
BURLINGTON, Mass.--(BUSINESS WIRE)--August 24, 2000--NewsEdge Corporation (Nasdaq: NEWZ - news), a syndicator of eContent and global news services, announced today it has been informed by Nasdaq that shares of the Company's common stock will continue to be traded on the Nasdaq National Market System.
``We continue to gain strength in building our business, as evidenced by the Company's recent success in rolling out its new eContent strategy,'' said Cliff Pollan, CEO of NewsEdge Corporation. ``We believe the market is beginning to recognize the long-term benefits of this strategic shift and will maintain our focus on building shareholder value by improving the fundamentals of our business.''
NewsEdge CFO Ron Benanto said, ``I'm encouraged about the progress in halving our sequential loss and bringing in $2.1 million in new, high margin eContent orders during the period ended June 30, 2000. With $20 million in cash and a debt-free balance sheet, NewsEdge has the financial resources to continue executing its new strategy and the momentum to reach its goal of EBITDA break even within just a few quarters.''
About NewsEdge Corporation
NewsEdge Corporation (Nasdaq: NEWZ - news) is a leader in business-oriented eContent syndication for Web sites and corporate Intranets. NewsEdge eContent attracts specialized audiences, fosters high-frequency usage, promotes Web site ``stickiness'' and ultimately cultivates eCommerce. NewsEdge serves more than 1,700 sites and companies with highly targeted eContent solutions including eTopics(TM), iTopics(TM), NewsEdge Insight(TM), NewsEdge Live(TM), and NewsEdge Review(TM). The NewsEdge Refinery(TM) combines a patented combination of sophisticated technology and human editorial review to deliver highly targeted eContent on more than 1,500 business topics from more than 2,000 sources. NewsEdge is headquartered in Burlington, Massachusetts, with offices and distributors throughout North America, South America, Europe, Japan and the Middle East. For more information about NewsEdge Corporation, please visit 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.
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Contact:
NewsEdge:
NewsEdge Corporation
Ron Benanto
781/229-3070
ron.benanto@newsedge.com
or
Media Inquiries:
Laura Senturia
Schwartz Communications
781/684-0770
newsedge@schwartz-pr.com
or
Investor Inquiries:
Jaffoni & Collins Incorporated
Robert Rinderman, Kristian Talvitie
212/835-8500
newz@jcir.com |
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| To: Ms. Baby Boomer who wrote (2345) | 8/29/2000 10:35:59 AM | | From: Ms. Baby Boomer | | | | NEWZ additions to senior management team ...
Monday August 28, 8:58 am Eastern Time
NewsEdge Announces Key Additions to Senior Management Team
Appointments of Seasoned Marketing Professionals to Drive Company's eContent Strategy
BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 28, 2000--NewsEdge Corporation (NASDAQ: NEWZ - news), a leading syndicator of eContent and global news services today announced the appointments of Lee Phillips as vice president, product and content management and David Scott as vice president, corporate marketing. The new appointments add industry depth and marketing savvy to NewsEdge's management team.
In his new role, Phillips is charged with overall service vision and direction and will oversee the Company's product and eContent syndication strategy. In his corporate marketing position, Scott is responsible for all aspects of branding, corporate communications and marketing communications.
``The appointments of Lee and David are critical to the development of our evolving eContent strategy,'' said NewsEdge CEO Cliff Pollan. ``Their decades of experience and diverse backgrounds compliment our talented management team. Now we've got the senior people in place to accelerate the execution of our focus on providing existing and new customers with the eContent services to power the estimated 2.5 million business oriented Web sites worldwide.''
Lee Phillips comes to NewsEdge with broad experience in product marketing, product management and business development. Most recently, as co-founder and vice president of Marketing and Business Development at eCopyit.com, he led those activities for an Internet infrastructure start-up offering distributed document capture and secure, direct delivery of documents. Prior to eCopyit, as senior vice president of marketing and Business Development at GammaGraphX, he helped build the firm into a three-time winner in Deloitte & Touche's annual ranking of fastest growing technology firms in New England. His background includes senior management responsibility and experience in publicly-held and private companies, for leading publishers of information and software - including Ziff-Davis Publishing, Borland International (Inprise), Lotus Development (IBM), Information Resources, and Nolan, Norton & Co. (KPMG). Lee is also a director of Writeread.com, an online community for writers. He holds degrees from Dartmouth College and the University of Michigan.
David Scott brings fifteen years experience in the marketing and selling of global eContent services, strategic marketing and corporate communications. At NewsEdge, he has held senior international and vertical marketing roles. He has also held management positions at RoweCom, a B2B eCommerce company and in the eMedia division of Knight-Ridder in Asia. Scott is a board member of virtualexpat.com and is the author of Eyeball Wars: a novel of dot-com intrigue, which will be published in early 2001. He holds a BA with distinction from Kenyon College.
NewsEdge Corporation
NewsEdge Corporation (Nasdaq: NEWZ - news) is a leading provider of eContent syndication for Web sites and corporate intranets. NewsEdge eContent attracts specialized audiences, fosters high-frequency usage, promotes Web site ``stickiness'' and ultimately cultivates eCommerce. NewsEdge serves more than 1,700 sites and companies with highly targeted eContent solutions including eTopics(TM), iTopics(TM), NewsEdge Insight(TM), NewsEdge Live(TM), and NewsEdge Review(TM). The NewsEdge Refinery(TM) combines a patented combination of sophisticated technology and human editorial review to deliver highly targeted eContent on more than 1,500 business topics from more than 2,000 sources. NewsEdge partners include Autonomy, Northern Light, Plumtree and Verity. NewsEdge is headquartered in Burlington, Massachusetts, with offices and distributors throughout North America, South America, Europe, Japan and the Middle East. For more information about NewsEdge Corporation, please visit 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.
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Contact:
NewsEdge
Paul Joyal
781-229-3000
paul.joyal@newsedge.com
or
Schwartz Communications
Laura Senturia
781-684-0770
lsenturia@schwartz-pr.com |
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| To: Ms. Baby Boomer who wrote (2346) | 9/5/2000 2:30:48 PM | | From: Ms. Baby Boomer | | | | NEWZ Unveils eContent Publisher
Powerful New Tool Enables Customization of High Impact News on Web Sites, Intranets and Extranets
Identifies valuable news content for seamless integration with sites; fosters high frequency site visits, stickiness and cultivates e-commerce
eContent Publisher offers the following benefits:
Control of the news--The articles that are the most relevant to their Web audience are handpicked, helping to attract and maintain visitors by providing highly-focused news content.
Point & click ease--eContent Publisher requires no technical experience to use. An easy-to-use Web interface allows an editor to quickly and easily review and select articles to be published on their Web site.
High impact news--eContent Publisher focuses the attention of visitors on key stories and events by providing highly relevant articles with maximum visibility to a Web audience.
Fresh content every business day--eContent Publisher provides access to the top news each day from over 150 global sources including The Associated Press, BridgeNews and Phillips Publishing.
biz.yahoo.com |
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