Comtex Opens New York City Office; Also Announces New Location in Virginia NEW YORK, Dec. 3 /PRNewswire-FirstCall/ -- Comtex News Network, Inc., (BULLETIN BOARD: CMTX) a leading wholesaler of electronic real-time news and content, today opened its New York City executive offices. The offices are located at 375 Park Avenue, Suite 2707, New York, NY 10152 -- Phone: 212- 404-1753. Comtex's executive management team and senior sales management are now based in the NY offices. Publisher and customer relations, technical operations, accounting and administration are based in Alexandria, Virginia at a new location: 625 N. Washington Street, Suite 301, Alexandria, VA 22314. The phone numbers for the Virginia operations remain unchanged: 703-820-2000 (main number). "The opening of the New York office is a major step in our turnaround plans for Comtex," said Larry Schwartz, President of Comtex. "Comtex is focused on providing our distributors with the products they need and the service they deserve -- and our NY presence will make us more accessible to a large number of these clients," he added. About Comtex Comtex is a leading wholesaler of real-time news and related content for the world's leading financial and business information distributors. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines, filters and distributes news and content received from more than 10,000 national and international news bureaus, agencies and publications. The resulting news and content products -- with embedded stock tickers, key words, standardized metadata, uniform formatting and custom filters -- are all designed to meet the exacting standards required by investment professionals. http://www.comtex.com/. Please Note: Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, that involve a number of risks and uncertainties. These forward-looking statements may be identified by reference to a future period by use of forward-looking terminology such as "anticipate," "expect," "could," "intend," "may" and other words of a similar nature. These statements 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 risks 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. DATASOURCE: Comtex News Network, Inc. CONTACT: Amber Gordon of Comtex News Network, Inc., +1-703-797-8011, or Web site: http://www.comtex.com/

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