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CONTACT: Jay S. Winuk

646-613-7720

 

FOR IMMEDIATE RELEASE

 

 

 

DATA DOWNLINK ADDS VALUATION TECHNOLOGIES

AS NEW CONTENT PROVIDER

 

Web-based .xls Business Information Service Adds Leading

Source of Valuation Data for Investor Relations Professionals

 

 

New York, NY, November 21, 1997 . . . Broadening its on-line business information offerings to include valuation data critical to investor relations professionals and others in the investment community, Data Downlink Corporation announced today the addition of Valuation Technologies as a content provider for its .xls web-based information service. Valuation Technologies is available immediately on pay-per-view and subscription bases at the .xls web site, www.xls.com.

Valuation Technologies, based in Berkeley, CA, is one of the information industry's leading providers of valuation data on public corporations and their stocks and institutional investors and their stock selection models. Incorporating 17 different valuation models, the company statistically analyzes what drives an institution's investment decisions, how companies rate according to various models, and even the factors which determine the investment styles of investment managers and mutual funds. All told, the company provides data on more than 8,000 public companies and style and

-more-

 

 

Data Downlink/Valuation Technologies, 2

 

shareholding analysis on more than 4,500 different equity portfolios.

By joining Data Downlink's roster of content providers, Valuation Technologies' information is now available to investor relations professionals, corporate financial executives and others for the first time on line. "Data Downlink and its .xls service allow us to operate on a much higher level," said John J. Lewis, founder and president of Valuation Technologies. "Users of our information need data and analyses on a timely basis, and .xls provides a means to immediate access in a customizable fashion. This collaboration will prove to be very valuable and cost effective for users of investment data."

Investment professionals use Valuation Technologies' information to:

  • compare the market valuation of a company to its competitors;
  • identify potential institutional buyers or sellers of a company;
  • understand the factors which most influence the valuation of a company; and
  • understand different investor perceptions and preferences - why one investor is buying while another is selling.

 

"Valuation Technologies is an important addition to our growing group of content providers," said Steve Goldstein, founder and president of Data Downlink Corporation. "We're in business to provide easy access to the most current and useful financial and business information available, and Val Tech ranks among the best in the business at valuation data and analysis of institutional investors. IR and other financial professionals now have a place to go on-line to find the data they need every day in an easy-to-read, customizable and colorful format."

 

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Data Downlink/Valuation Technologies, 3

 

Data Downlink Corporation, based in New York City and founded in 1996, provides a comprehensive library of premium financial and business information through its Web-based search service, called .xls (http://www.xls.com). Offering company financials and economic, demographic, industry, country and market-specific data, it is the only customizable such service on the market, allowing the subscribing or pay-per-view user to automatically download database information live directly into a Microsoft Excel or Lotus 1-2-3 spreadsheet. For more information about Data Downlink and its 35 different databases, visit the company's web site or call customer service at 212-363-9620.