NEW YORK, NY - June 21, 2005 - Comtex News Network, Inc. (OTC BB: CMTX), a leading provider of economically useful electronic real-time news and content, today introduced new, innovative financial information products from Wall Street Horizon, Inc. Chip Brian, President of Comtex, presented these new products to investment firms at the Securities Industry Association Technology Conference in New York City.
Wall Street Horizonís products to be offered by Comtex include a full feed of corporate earnings calendars; earnings calendar alerts; an earnings calendar alert ticker; and DateBreaksSM, a new product announcing changes in scheduled earnings announcements.
Chip Brian announced, \"Weíre pleased to welcome Wall Street Horizon to the growing Comtex suite of real-time products. As the market leader in real-time content, Comtex has an excellent, long-term reputation for relevance and reliability. Comtex will offer Wall Street Horizonís innovative earnings calendar alerts and DateBreaks within certain CustomWires and via our new Comtex SmarTrendSM Alert (CSTASM) product. CSTA, our recently introduced unique product offering, combines real-time news with superior, actionable stock price trend indications, and is available exclusively to Comtex distributors and their customers.\"
\"We are very glad that Comtex is introducing our products to their valuable client base, and we are gratified that Comtex selected Wall Street Horizon as a new information partner,\" said Barry L. Star, Wall Street Horizonís Managing Director. \"We believe accuracy is a key factor for investment decisions ñ and thatís what Wall Street Horizon products provide ñ unparalleled accuracy.\"
Wall Street Horizon updates and maintains its databases using a combination of advanced online data gathering systems and hands-on fact verification. Every day, Wall Street Horizon representatives call corporate headquarters around the country verifying times and dates for future events. Backing up these calls is an automated intelligence gathering system that schedules, verifies and manages the entire data collection process. Wall Street Horizonís database consists of more than 5,000 U.S. public companiesí earnings announcement dates, conference calls, dividend announcements, board meeting and stock-split dates.
About Comtex
Comtex (www.comtex.com) provides real-time news, SmarTrend Alerts and economically useful information to businesses whose customers need more than just facts. Comtex customers receive select content from key sources which is further enhanced with stock tickers and an extended lexicon of relevant terms. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day. Comtexís state-of-the-art technology delivers this relevant content and reliable service in real-time. Comtex has offices in New York City and Alexandria, Virginia.
SmarTrendSM and CSTASM are service marks of Comtex News Network, Inc.
DateBreaksSM is a service mark of Wall Street Horizon, Inc.
Please Note: Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, that involve a number of risks and uncertainties. These forward-looking statements may be identified by reference to a future period by use of forward-looking terminology such as \"anticipate,\" \"expect,\" \"could,\" \"intend,\" \"may\" and other words of a similar nature. These statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that Comtex is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the Company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological risks and other risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. Comtex undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
