Re Agreement
ADVFN.COM PLC
11 December 2000
For Immediate Release 11 December 2000
ADVFN AND ORANGE SIGN EXCLUSIVE COLLABORATIVE AGREEMENT
ADVFN.COM plc, ('ADVFN'), one of the UK's leading providers of financial
information and Orange, this year's fastest growing digital UK mobile network,
today announce a major agreement to offer share information to Orange WAP
users.
ADVFN will be the sole and exclusive provider of share information on Orange's
WAP portal for an initial period of three months. For the same period, Orange
will become ADVFN's sole distributor of its new and innovative range of
WAP-enabled shares information services. This new unique service with Orange
will include real time Level 2 Data giving professional depth information, a
monitor tracker to keep an eye on a user's portfolio of shares, alert
functionality and customisable features. In order to access these services,
users will be required to subscribe to ADVFN's subscription packages.
To further cement the collaboration, Orange will be providing exclusive
sponsorship for ADVFN's new Mobile Section on its web site (www.advfn.com).
ADVFN registered users will also benefit from exclusive deals on Orange
WAP-enabled phones for which both parties have agreed a revenue sharing model.
Michael Boydell, ADVFN's Managing Director, added:
The alliance and revenue contract with Orange is a major boost for our plans
to strengthen the ADVFN brand while furthering ADVFN's business vision of
matching content with revenue. The Orange contract makes us a leader in the
provision of share related information in the mobile telephony arena and
underlines ADVFN's commitment to reach investors by the broadest range of
media. We look forward to working with Orange further in this exciting area.
Nigel Shardlow, Head of Futurescape at Orange, also commented:
Shares information is one of the most effective content on WAP portals and
ADVFN is the leader in its field. Orange launched the UK's first commercial
mobile multimedia service last year. We have adopted a strategic approach to
content partnerships, providing Orange customers with carefully selected,
premier lifestyle services. We are pleased to align ourselves with ADVFN, who
share our customer focus and reputation for financial details and excellence.
About the companies: For further information please contact:
Advfn.com plc
Michael Boydell, Managing Director 020 7070 0947
Martin Talks, New Media Director 020 7070 0946
Buchanan Communications (for ADVFN)
Alison Cole / Jeremy Garcia 020 7466 5000
Orange 07973 201 911 /
Orange MediaCentre 020 7984 2000
Notes to Editors:
On ADVFN
ADVFN supplies via WAP-enabled devices real time prices, personalised shares
monitor, level 2 data, top gainers and losers, news and company announcement
headlines.
ADVFN provides professional quality shares data to private investors from its
web site at www.advfn.com, its WAP services (http://mobile.advfn.com/wap/) and
its interactive television channels with Telewest.
It also provides education services through its wholly owned subsidiary,
Success Events Limited (www.success-events.com).
Since going live in the last quarter of 1999, ADVFN has quickly become a
leader in its market and recently announced that its web site had achieved 1.5
million page impressions in a day. ADVFN floated on AIM in March 2000.
ADVFN has begun a strategy of international expansion and recently announced
the opening of its French web site at www.advfn.fr.
Its current services include:
* Free real-time prices direct from the Stock Exchange
* Premium site with level 2 data at £35 per month
* User-configurable alerts to e-mail and mobiles
* Comprehensive fundamental data
* Stock monitor. Track stocks - with automatic updates
* Portfolio service. Update and track your portfolios
* Fast quotes
* Top Lists
* Newswire (RNS, AFX and ADVFN in-house journalists)
* Trade Analyser
* Charts (historic, intraday, Microscope)
* Data download area
* Informed and active Bulletin Boards
* Investment education through its subsidiary Success Events Limited
*Interactive Digital Television Channel in conjunction with Telewest
* WAP services directly and via Breathe and Orange
On Orange
* Orange and wirefree are trademarks of Orange.
* Orange provides a broad range of personal communications services. As well
as Orange GSM 1800 services, this includes other digital cellular telephone
and paging services.
* As at 30 September 2000, Orange had over 8.275 million customers.
* Orange provides high quality coverage to 99% of the UK population and over
80% of the geographic area. Coverage is based on hand portable, unlike some
other operators, which choose to base their coverage on boosted car kits.
* Orange is the largest and fastest-growing digital mobile phone network in
the UK, with over 7,340 base stations, and more than 10,000 sites targeted by
2001.
* The third annual J.D. Power and Associates UK Mobile Customer Satisfaction
Study, published on 9 May 2000, showed that 'Orange maintains its dominance in
customer satisfaction for the third consecutive year in the UK mobile market
due to industry-leading performances in both the pre-pay and contract
segments.'
* In May 2000, OFTEL, the UK's telecommunications industry regulator,
published the results of its third survey of the four UK GSM mobile
communications networks' relative performance. 97.7 per cent of calls made on
Orange were completed successfully. The figures for the other networks were
BT Cellnet 96.5 per cent, Vodafone 96.3 per cent, One 2 One 95.6 per cent.
The survey was based on up to 30,000 test calls on each of the four UK mobile
operators' networks, covering all motorways, 70 conurbations and an extensive
selection of A roads.
* In November 1999, the Consumers' Association's Which? magazine published a
survey of its members and concluded: ''Orange was easily the best all round.
It consistently came first, or very near the top, for both the quality of its
network and customer service.''
* Orange was the first network operator to introduce Enhanced Full Rate in
February 1998. EFR provides fixed line call quality across the entire Orange
network to all customers at no extra charge.
* Orange now offers roaming on 214 networks in 100 countries.
* Information about Orange can be found on the Orange website at
www.orange.co.uk and media information can be found at www.media.orange.net