Comtex Adds Value to Newsfeeds With Inclusion of Recent SmarTrend(SM) Alerts
28 September 2005 - 12:01AM
PR Newswire (US)
NEW YORK, Sept. 27 /PRNewswire-FirstCall/ -- Comtex News Network,
Inc. (OTC:CMTX) (BULLETIN BOARD: CMTX) , a leading provider of
economically useful electronic real-time news and content, today
announced that all its products containing North American public
company news and information are being enhanced with the addition
of recent Comtex SmarTrend(SM) Alerts (CSTA(SM)). Comtex's unique
UPTREND and DOWNTREND equity alerts provide investors with a unique
new tool for evaluating equities. Now, their inclusion with all
financial news products provides Comtex distributors with an
exclusive, unique and economically useful way to attract additional
subscribers and customers to their sites. CSTA is an automated
pattern recognition system, which analyzes hundreds of factors
simultaneously to determine equity price trend changes and issues
alerts on those companies. CSTA is based upon proprietary automated
time- price series pattern recognition technology developed over
the past 25 years. Comtex will not be charging any additional fees
for these recent alerts, which will be at least 48 market-trading
hours old. The recent CSTA tags will be included in the Finance,
Public Company and Wall Street CustomWire products. Real-time
SmarTrend Alerts are only available as a CSTA newswire product,
which is marketed exclusively by Comtex. "Comtex is proud to be
providing our loyal customers with another exclusive,
distinguishing product feature," said Chip Brian, Comtex's
President. "We believe these recent SmarTrend Alerts will provide
end-users with valuable insight on companies featured in our
comprehensive financial products." About Comtex Comtex
(http://www.comtex.com/) provides real-time news and economically
useful information to businesses whose customers need more than
just facts. Customers receive categorized content compiled from
thousands of sources which is further enhanced with stock tickers
and an extended lexicon of relevant terms. With a specialization in
the financial news and content marketplace, Comtex receives,
enhances, combines and filters news and content received from
thousands of national and international news bureaus, agencies and
publications, and distributes more than one million total stories
per day. Comtex's state-of-the-art technology delivers this
relevant content and reliable service in real-time. 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. SmarTrend
and CSTA are registered servicemarks of Comtex News Network, Inc.
DATASOURCE: Comtex News Network, Inc. CONTACT: Amber Gordon of
Comtex News Network, Inc., +1-703-820-2000 x8011, or Web site:
http://www.comtexnews.com/
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