CONTACT: Jay S. Winuk
Winuk Communications
646-613-7720
FOR IMMEDIATE RELEASE
DATA DOWNLINK TO OFFER KEY INTERNATIONAL
CONTENT FROM FINANCIAL TIMES INFORMATION
New York, NY, June 2, 1998 . . . Data Downlink Corporation announced today the addition of key international company data content from Financial Times Information on its web-based service .xls. The data will be available at www.xls.com as of June 2, 1998.
Financial Times Information, a leading provider of international financial and company information, is providing Data Downlink with its high-value, structured Extel financial data. Detailed coverage of over 14,000 quoted companies from 53 countries is available, including between 350 and 500 accounting items, with up to 15 years of history.
By accessing the Extel database via .xls, users can search for companies on a wide variety of financial and geographic criteria. Depending on the level of company disclosures, data provided by Financial Times Information includes balance sheets, profit and loss statements, cash flow statements, ratios, geographical segment analyses, business analysis tables, per share data and interim and preliminary results. The data is
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Data Downlink, Extel 2
updated weekly.
The Extel financials are a database of structured fundamental information designed and stored in a way that reflects accounting logic. A pyramid approach accommodates changes in international standards and reporting. Designed for use by analysts, management consultants, corporate finance and credit departments, the data can be easily downloaded for sophisticated in-depth analysis.
"The addition of Financial Times Information to our roster of content providers brings our international resources to a new level," said Steve Goldstein, chief executive officer of Data Downlink Corporation. "Financial Times Information is the deepest and most accurate source of international company information, and will be a highly valued asset to users of our .xls service."
Steven Inchcoombe, research products director, Financial Times Information, commented, " We are pleased to provide international company fundamental data to Data Downlink's web-based search service. Financial Times Information is recognized for its depth and quality of data and we seek to add high value to products and applications."
Financial Times Information provides specialist financial information to the global asset management and investment research markets. It comprises Extel, Interactive Data and the joint venture financial news agency AFX News. Headquartered in London, Financial Times Information employs 1,200 people in offices worldwide. It is part of the Financial Times Group owned by Pearson plc, the international media group engaged in the information, education and entertainment markets. Other Financial Times Group companies include the Financial Times newspaper and Financial Times Electronic
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Data Downlink, Extel 3
Publishing.
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, .xls is distinguished by 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 50 different databases, visit the company's web site (www.xls.com) or call customer service at 212-363-9620 or Don Roll in London at 44 0 410 147 307 (e-mail: [email protected]).
For more information about Financial Times Information's services, contact Corey Gallagher at 212-344-0777 or Leon Loberman in London at 44 171 825 8000 (e-mail: [email protected]), or visit the company web site at http://www.info.ft.com/
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