LONDON, May 1, 2001 (PRIMEZONE) -- COMTEX (OTCBB:CMTX) is the leader in the infomediary market because of its unique ability to deliver diverse, reliable business and financial news from the industry's leading information sources. In order to meet the growing demand for expanded and enhanced aggregated content, COMTEX now offers its customers access to Hugin, Europe's leading distributor of real-time, financial corporate information.
Hugin currently distributes information from nine European countries (Norway, Sweden, Denmark, Finland, Germany, Switzerland, The Netherlands, Austria and the United Kingdom) in both English and local languages.
The information published by Hugin is used by investors, analysts and researchers to keep abreast of company and industry news. Companies publish press releases via Hugin, communicating news on financial events such as mergers, acquisitions, takeovers, personnel changes, contracts, stock activities, earnings, IPOs, joint ventures, marketing, products, litigation and regulations.
"The partnership with COMTEX provides Hugin with the opportunity to reach millions of end users all over the world," said Richard Lackmann, Business Development Director of Hugin. "We believe that this continues to improve the service that Hugin offers its clients for communicating to the investment and business community, both in Europe and America. By publishing through Hugin to COMTEX news networks on the Internet, Wall Street and corporate markets, European listed companies can build their brand as a suitable investment destination."
About Hugin
Hugin is the only European company to specialize in using the Internet to distribute financial announcements and corporate information directly from companies to investors. Founded in 1995 in Norway, Hugin continually researches and develops new web-based technologies to facilitate connectivity between companies and their investors. Hugin offers investors free subscription to an immediate email alert service.
Hugin has operations in Denmark, Finland, Germany, the Netherlands, Norway, Sweden, Switzerland and the United Kingdom, and is reachable worldwide through its Internet portal at http://www.huginonline.com.
COMTEX News Network, Inc.
COMTEX News Network, Inc. (OTCBB:CMTX), a full-service, business-to-business infomediary, aggregates and redistributes diverse, real-time global news and information to resellers in the Internet, Wall Street and corporate markets. COMTEX' innovative technology gathers nearly 20,000 stories a day from more than 10,000 diverse, global sources to create its subject-specific, value-added headline and vertical-market news products for distribution to more than 1,100 information services and re-distributors throughout the world, reaching millions of end users. COMTEX' products include CustomWires(r), Newsroom Enhanced Products, News Solutions, Publisher Full-Feeds and Processing Services. Located in Alexandria, Va., COMTEX can be found on the World Wide Web at http://www.comtexnews.net.