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FOR IMMEDIATE RELEASE
Alacra Book, First of Its Kind Information Packaging Tool, Now Available to Wider Audience
New York, 29 May 2002....Alacra� Alacra, a leading global provider of business and financial information, announces the launch of its new �Pay Per Book� pricing option for Alacra Book. Alacra Book is a fast, adaptable online service that aggregates company-specific information from multiple sources and publishes this information in a single, customized PDF document.
The �Pay Per Book� pricing model will allow Alacra subscribers to pay for individual books � a set fee plus the cost of the content used. �Pay Per Book� facilitates bill back capabilities, enabling company researchers to assign project or other cost codes to specific clients or to departments within firms. With this option, Alacra can now provide medium and small investment banks, law firms and consultancies access to a tool previously only practical for large firms.
"Given the changes in the market over the past year, we understand that companies need to save time and money while still providing internal clients with comprehensive business and financial information. The new Alacra Book pricing option meets this fundamental need with an easy-to-use package for a wider range of companies,� said Steven Goldstein, Alacra CEO.
Alacra Book was developed primarily for investment banks, law firms and consultancies to assist in their daily preparation of Briefing Books and Public Information Books. Building these books, a critical compilation task that traditionally takes hours, can take less than 10 minutes using Alacra Book. Users select the company, choose the content from various sources and submit their email address. Alacra Book electronically collects and packages the data into a single PDF document that users can e-mail, print or view. The premium content available includes investment research reports, company financial data, corporate transactions, earnings estimate reports, mergers & acquisitions data, shareholding data, analyst research reports and news.
About Alacra
Alacra is a leading global provider of business and financial information. A privately held company founded in 1996, Alacra is based in New York. The company provides a diverse portfolio of fast, sophisticated online and offline services that allow users to quickly find, analyze, package and present mission-critical business information.
Alacra customers include more than 750 leading financial institutions, management consulting, law and accounting firms and other corporations throughout the world. For more information about Alacra, visit the company's Web site http://www.alacra.com or call customer service at (212) 363-9620.
For further press information, please contact:
Annie Turn, RLM Public Relations, Inc.
(212) 741-5106 x13
[email protected]
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