For: Comtex News Network
(Symbol: CMTX)
COMTEX
AND iMINERS ANNOUNCE JOINT MARKETING OF UNIQUE, SEARCHABLE PRESS RELEASE
DATABASE
New
York, NY – January 30,
2008 –
Comtex News Network, Inc. (OTC BB: CMTX), a leading provider of economically
useful electronic real-time news, content and SmarTrend® market
products, today announced
a joint marketing agreement with iMiners, Inc., the leading provider of
categorized press releases, to enable Comtex clients to enhance their news
content through iMiners’ searchable press release database.
With one click in the iMiners’
database, users can access enhanced press rooms containing over 300,000 press
releases from more than 6,500 U.S. public companies. Investors and corporate users can quickly
find the relevant information they are looking for when researching a company
based on iMiners’ categorization of press releases into one of ten main
categories and 87 subcategories. By enabling end users to more quickly
find relevant information, iMiners is confident Comtex clients will drive more
traffic to their sites, increase the number of pages viewed, and increase the
length of time a user spends researching companies.
Chip
Brian, Comtex President and CEO, said, "Through this expanded working
relationship with iMiners, Comtex offers its clients and their end users a
greatly enhanced, more productive research experience. Relevant financial information can be
retrieved much more quickly through iMiners’ unique categorization – and we’re
pleased to be offering their product through this new partnership.”
Michael
O’Brien, VP of Sales of iMiners, said, “Comtex has been a valued business
partner since iMiners was launched.
There is no shortage of information available on the Internet to
research companies, but accessing relevant information quickly is becoming more
and more of a challenge. iMiners’
categorized press release database will enable Comtex clients to provide their
end-users with a much more user friendly experience.”
About Comtex
Comtex
(www.comtex.com) provides real-time news, Comtex SmarTrend® Alerts and economically useful
information. 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. Comtex’s state-of-the-art technology delivers
this relevant content and reliable service in real-time. Comtex now also
provides several SmarTrend Alert
products to consumers, including a daily stock market letter (Morning Call), selected stock news (SmarTrend
Spotlights), and SmarTrend Alerts (via subscription at www.mysmartrend.com). Comtex has offices in New York City and
Alexandria, Virginia.
About
iMiners, Inc.
iMiners, Inc.
provides an innovative, customized press release categorization service that
enables investors and shareholders to quickly find pertinent information about
any company. The iMiners.com portal currently has over 300,000 categorized
press releases, issued since April 1, 2006, by over 6,500 US public companies.
Each release is categorized into 87 categories and deposited into a proprietary
database for quick retrieval. For more information, please visit www.iminers.com
SmarTrend®
is a registered trademark of Comtex News Network, 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.
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