ALEXANDRIA, Va., Jan. 7 /PRNewswire-FirstCall/ -- Comtex News Network, Inc. (OTC:CMTX) (BULLETIN BOARD: CMTX) , a leading provider of economically useful electronic real-time news, content and SmarTrend(R) market products, announced that it now provides in-depth business information from Close-Up Media, an independent digital media company. Close-Up Media covers a variety of business segments, providing key information about how advancements in technology, business, science and nature are driving growth and innovation in those industries. Close-Up Media will be distributing news feeds in the following industries via Comtex: Wireless News; Entertainment; Health & Beauty; Travel & Leisure; Food & Beverage; Professional Services; and Manufacturing. Chip Brian, Comtex President and CEO, stated, "In these challenging economic times, businesses need precise information, targeted to improving profitability. Comtex is pleased to partner with Close-Up Media to provide our clients with important information covering a range of vertical markets and focusing on the trends, issues, and transactions critical to maintaining a competitive edge." Caroline Scarborough Moore, President of Close-Up, noted, "We're excited to be working with Comtex, a premium news and information company. The collaboration combines Comtex's global reach with our daily content to provide relevant and dynamic coverage of the international marketplace." About Comtex Comtex (http://www.comtex.com/) provides real-time news, Comtex SmarTrend(R) Alerts and economically useful information. Comtex customers receive select content from key 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 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 also provides several proprietary SmarTrend Alert products to investors, including a daily stock market letter (Morning Call), selected stock news (SmarTrend Spotlights), and SmarTrend Alerts (via subscription at http://www.mysmartrend.com/). Comtex has offices in New York City; Boston, Massachusetts; and Alexandria, Virginia. About Close-Up Media Close-Up Media (http://www.closeupmedia.com/) is an independent digital media company providing in-depth, vertical market news and information to help busy professionals stay competitive and informed. The company's brands include Wireless News, Entertainment Close-Up, Health and Beauty Close-Up, Travel and Leisure Close-Up and Food and Beverage Close-Up. The privately held company is headquartered in Jacksonville, Florida. SmarTrend(R) is a registered trademark of Comtex News Network, Inc. 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. Contact: Amber Gordon 703-797-8011 DATASOURCE: Comtex News Network, Inc. CONTACT: Amber Gordon of Comtex News Network, Inc. +1-703-797-8011, Web Site: http://www.comtex.com/ http://www.closeupmedia.com/ http://www.mysmartrend.com/

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