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eSignal
Breaks Into New Market with Launch of eSignal TurboFeed
--
eSignal TurboFeed Brings the Speed, Reliability and Accuracy
of eSignal's Market Data to Companies and Websites for Redistribution
through Custom Applications --
Hayward,
CA - May 15, 2001 - eSignal, a division of Data Broadcasting
Corporation (Nasdaq: DBCC) and a provider of streaming, real-time
financial market data, news, analytics and decision support
tools to professionals and active traders, today announced
the launch of eSignal TurboFeed. The new service offers companies
and websites access to eSignal's continuous, streaming, real-time
or delayed market data for redistribution.
eSignal
TurboFeed is a best-of-breed market data solution designed
for corporations, brokerages and web portals that depend on
financial market information for use in websites, analytical
applications and portfolio pricing tools. eSignal TurboFeed
empowers businesses to seamlessly incorporate market data
into customized applications and enables a company to leverage
eSignal's direct connections to all equities, options and
futures data from every major North American exchange without
the heavy investment or expense of building and running their
own ticker plants.
"Over
the last 20 years, eSignal has continued to expand and improve
its network and infrastructure, enhancing the speed and reliability
of its market data delivery, a service that has been awarded
"Best Real-Time System" for the past eight years
by Stocks & Commodities magazine," said Chuck Thompson,
president of eSignal. "With eSignal TurboFeed, other
companies can - for the first time - take eSignal's data and
supply their end users with reliable, accurate, real-time
market quotes from every major North American exchange. Our
developer's kit ensures that programming customized applications
is simple and straightforward." Thompson continued, "We
house one of only 10 ticker plants in the world and are pleased
to be able to offer our data to websites and companies who
need reliable market data."
Depending
on a corporation's distinct needs, eSignal TurboFeed can be
accessed via two flexible delivery platforms: Internet and
dedicated private connections. Internet solutions are ideal
for websites and smaller scale market data applications requiring
limited, low-volume access to quotes. For companies needing
a more extensive solution and requiring unlimited access to
the entire market, an eSignal server can be installed directly
at the client facility over a private connection. IXnet Inc.,
a Global Crossing (Nasdaq: GBLX) company, will facilitate
these private circuit connections, providing companies with
direct connectivity to eSignal's highly-compressed, IP multicast
data.
"We
are excited about the tremendous new growth platform that
eSignal TurboFeed brings to our company. Leveraging the speed,
reliability and accuracy of eSignal's financial market data,
we believe we are well positioned to gain considerable market
share in this new arena and expect that it will be an important
contributor to the expansion of the eSignal brand," Thompson
concluded.
About
eSignal:
The eSignal division of Data Broadcasting Corporation (Nasdaq:DBCC)
(DBC) is a leading global provider of financial and business
information to professionals and active individual investors.
Building on a 20-year legacy of delivering time-sensitive
financial information, eSignal provides streaming, real-time
market data, news and analytics. The company's suite of products
include eSignal, eSignal Market Scanner, eSignal Mobile, My
eSignal, Advanced GET and eSignal Pro.
Dedicated
to providing accurate, reliable service and high-speed connections,
the eSignal product line is backed by one of the most technically
advanced ticker plant infrastructures capable of handling
the stock markets' most challenging demands. Engineered and
operated internally, eSignal's infrastructure is built with
an advanced IP multicast backbone, boasting multiple, geographically
dispersed server farms, fed with live data from direct, redundant
connections with Canadian and every major U.S. exchange.
About
Data Broadcasting Corporation:
Data Broadcasting Corporation is a leading global provider
of financial and business information to institutional and
individual investors. The company supplies time-sensitive
pricing, dividend, corporate action and descriptive information
for more than 3.5 million securities traded around the world,
including hard-to-value, unlisted fixed income instruments.
At the core of the business are its extensive database expertise
and technology resources.
DBC
delivers real-time, end-of-day and historically archived data
to customers through a variety of products featuring Internet,
dedicated line, satellite and dial-up delivery protocols.
Through a broad range of partnerships and alliances, the company
provides links to most of the world's best-known financial
service and software companies for trading, analysis, portfolio
management and valuation.
DBC,
with approximately 1,600 employees, is headquartered in Bedford,
Massachusetts and has more than 20 offices in North America,
Europe, Asia and Australia including the world's key financial
center of New York, London and Tokyo. Pearson plc (NYSE: PSO),
an international media company, whose businesses include the
Financial Times Group, Pearson Television and the Penguin
Group, is a majority shareholder of DBC.
To find
out more about eSignal TurboFeed, please call our sales department
at 800-851-8581, email us at turbofeed@esignal.com
or visit our website at http://www.esignal.com/turbofeed.
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