Comtex SmarTrend(TM) Alert Launched Today
2005年3月8日 - 1:14AM
PRニュース・ワイアー (英語)
Comtex SmarTrend(TM) Alert Launched Today Unique UPTREND and
DOWNTREND Equity Alert and News Product NEW YORK, March 7
/PRNewswire-FirstCall/ -- Comtex News Network, Inc. (OTC:CMTX)
(BULLETIN BOARD: CMTX) , a leading provider of economically useful
electronic real-time news and content, today launched the new
Comtex SmarTrend(TM) Alert (CSTA(TM)) to a limited group of its
distributor partners. The new CSTA automated pattern recognition
system will generate approximately 5,000 intraday alerts each
month, providing investors with a unique new tool for evaluating
equities and giving Comtex distributors an exclusive new product
offering. Every business day, Comtex will issue approximately 250
CSTA UPTREND and/or DOWNTREND indicators, delivered with related
news headlines when available, on more than 6,000 North American
stocks included in the CSTA database. CSTA dynamically analyzes up
to three years of historical stock price data coupled with
real-time current-day trading information, and sends resulting
alerts indicating that a price trend change has been identified.
Hundreds of factors are simultaneously analyzed to result in this
unique price trend change notification system. CSTA is based upon
proprietary automated time-price series pattern recognition
technology developed over the past 25 years. "We are extremely
pleased that Comtex has introduced a proprietary product which
provides superior, actionable information to the investment
community," said Chip Brian, Comtex's Vice President, Operations.
"We consider the new Comtex SmarTrend Alert to be a breakthrough
product in this field, and it is exclusively available to Comtex
clients and their end-users." Comtex expects to make CSTA available
to all clients by the end of this month, and it will be offered on
a free trial basis for 30 days. About Comtex Comtex
(http://www.comtex.com/) provides real-time news and economically
useful information to businesses whose customers need more than
just facts. Customers receive categorized content compiled from
thousands of 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
thousands of national and international news bureaus, agencies and
publications, and distributes more than one million total stories
per day. Comtex's state-of-the-art technology delivers this
relevant content and reliable service in real-time. Comtex has
offices in Alexandria, Virginia and New York City. 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. SmarTrend
and CSTA are registered trademarks of Comtex News Network, Inc.
DATASOURCE: Comtex CONTACT: Amber Gordon, +1-703-820-2000, ext.
8011, , or Chip Brian, +1-212-688-6240, , both of Comtex Web site:
http://www.comtex.com/
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