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FOR IMMEDIATE RELEASE
Corporate Conference Call Transcripts from FDfn Integrated into Alacra Services
Boston, MA � April 23, 2003 � Fair Disclosure Financial Network (FDfn), the world's leading distributor of corporate earnings call transcripts and webcasts, announced today a distribution partnership with Alacra, Inc. Under the terms of the partnership, corporate conference call transcripts from FDfn will be integrated into Alacra and delivered in the format that best meets each client organization�s precise needs.
�Alacra is used by a wide range of organizations needing information from disparate sources quickly, efficiently and elegantly packaged,� said David Irving, CEO for Fair Disclosure Financial Network. �Providing Alacra users with corporate conference call transcripts from FDfn integrated with other Alacra premium sources makes our unique content more valuable. We�re pleased to be supporting the needs of our mutual customers with this new distribution partnership.�
�We have received numerous requests for FDfn�s superb quality transcripts so we�re extremely excited we can make this content available to our customers,� said Steven Goldstein, CEO of Alacra, Inc. Alacra customers will have access to transcripts produced by FDfn within the Alacra applications they rely on every day. Now, transcripts from FDfn can be searched simultaneously with more than 90 other premium commercial databases that contain financial information, economic data, business news, and investment and market research. Transcripts will then be packaged and delivered by Alacra to clients in the format that best meets each organization�s precise needs. FDfn transcribes or webcasts some 5,000 corporate conference each quarter, covering the companies in the S&P SuperComposite 1500, Russell 3000, NASDAQ 100, FTSE 100, Eurotop 100 and the S&P/TSX 300. FDfn utilizes a patented multi-step process to transform voice data into text combined with the Fair Disclosure Prioritization Engine�, a proprietary methodology incorporating 12 separate input variables to determine the most important calls to cover live each day.
About Fair Disclosure Financial Network
FDfn - www.fdfn.com - is the world's leading distributor of corporate earnings call transcripts and webcasts. Every quarter, the company webcasts or transcribes some 5,000 calls, covering the companies in the S&P SuperComposite 1500, Russell 3,000, NASDAQ 100, as well as the S&P/TSX 300, FTSE 100 and Eurotop 100. FDfn is the first company to develop a patented technology that converts audio conference calls to text�within minutes of real-time�and prioritizes based on the Fair Disclosure Prioritization Engine � incorporating customer selections, analyst coverage and historical usage patterns. The company distributes conference calls and transcripts through a network of partners including Thomson Financial, Shareholder.com, Multex, Investext, Alacra and WILink. FDfn has become an indispensable resource for more than 750 organizations including the world�s leading financial institutions, corporations and professional firms.
About Alacra, Inc.
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 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 Alacra at (212) 363-9620.
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Contact Information:
David M. Scott
Vice President, Marketing
Fair Disclosure Financial Network
1-617-393-3532
[email protected]
Carol Ann Thomas
Marketing Manager
Alacra, Inc.
1-212-804-1541
[email protected]