Comtex Expands News Coverage: BBC Monitoring Added to Key Products
June 07 2004 - 10:04AM
PR Newswire (US)
Comtex Expands News Coverage: BBC Monitoring Added to Key Products
ALEXANDRIA, Va., June 7 /PRNewswire-FirstCall/ -- Comtex News
Network, Inc. (OTC:CMTX) (BULLETIN BOARD: CMTX) , a leading
wholesaler of electronic real-time news and content, is expanding
its already comprehensive content with more economically useful
information from the British Broadcasting Corporation. The BBC
Monitoring content is now available to Comtex distributors. BBC
Monitoring, part of the BBC World Service, supplies news,
information and comment gathered from the mass media around the
world. BBC Monitoring operates around the clock to monitor more
than 3,000 radio, TV, press, Internet and news agency sources,
translating from up to 100 languages. This extensive and growing
range of sources provides distinctive, authoritative and reliable
coverage of global political and economic news. "By expanding our
news products, Comtex is taking yet another step in fulfilling its
mission of providing our distributors with the information they
need to meet the challenges of today's economy," said Kathy
Ballard, Comtex's Vice President, Content. "The BBC is a leading
international source of quality financial journalism, and their
coverage will continue to enhance Comtex's reputation as a reliable
source of superior content." "We are pleased to offer our global
news coverage via Comtex," said Rosy Wolfe, Head of Sales &
Marketing, BBC Monitoring. "Comtex's excellent network of
distributors will give an ever-increasing audience global access to
our news." BBC Monitoring content will add an average of 700-750
quality stories per day to the Comtex product line. The specific
coverage includes: International Reports -- specializing in
providing political and economic news. Reports are drawn from the
media around the world from a wide- range of sources that offer
distributors a broad spectrum of news stories. Media File --
providing news on and from the world's media. Media File offers
coverage of the latest developments in broadcasting based on BBC
Monitoring's own research and the broadcasters' own reports.
Newsfile -- providing select breaking news. Newsfile operates
around the clock to provide fast, concise coverage of major world
events, focusing on the key "need to know" points. Reports are
drawn from local media as well as international news agencies
reporting on actions and reactions around the world. 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. Comtex has offices in
Alexandria, Virginia and New York City. 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.,
+1-703-820-2000, ext. 8011, or Web site: http://www.comtexnews.com/
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