Product Launch
Knowledge Technology Solutions PLC
04 April 2005
RNS Release
04 April 2005
KTS and O2 launch new mobile information
service for financial professionals
Knowledge Technology Solutions PLC (KTS) and O2, a leading provider of mobile
services to consumers and businesses in the UK, have today launched KTS
MarketTerminal with O2.
The new KTS MarketTerminal with O2 service provides mobile access to essential
international market data and news. It is delivered through O2's 'always on'
data connections via GPRS, 3G and WLAN, turning a subscriber's laptop into a
fully-live KTS MarketTerminal.
KTS and O2 are jointly marketing the new service, which, in an age when
financial professionals are working increasingly outside the office, allows them
to keep completely up-to-date with live international market information, access
the latest market news and receive instant price and news alerts.
Subscribers receive always on access to KTS MarketTerminal with O2, which is
available throughout the UK over O2's mobile data network. Included in the flat
rate £200-per-month (ex VAT) package are the O2 connectivity subscription and O2
3G/GPRS Data Card for laptop computers.
The new service is principally for financial professionals who need live
international stockmarket data, news and other essential financial information
when they are out of the office or away from their desktop.
Among the 15 Exchanges covered by KTS MarketTerminal with O2 are the London
Stock Exchange, New York Stock Exchange, NASDAQ, Euronext, Deutsche Boerse and
the Scandinavian exchanges, to name but some. News, data and analytics are
supplied by the premium names in financial information, including Interactive
Data, AFX News and Dow Jones Newswires.
Dr Marc Pinter-Krainer, Chief Executive of KTS PLC, said:
'Research shows that financial professionals are spending less time than ever at
their desks. The new KTS MarketTerminal with O2 mobile service enables our
clients to stay in touch with the markets while on the move. In a world where
information is power and quick decisions make the difference between profit and
loss, KTS and O2 are providing a mobile service that sets the standard in
flexibility, speed, resilience and user-friendliness.'
Target customers for KTS MarketTerminal with O2 are primarily City institutions.
Both companies' sales teams are marketing it to existing and potential clients.
Technical support is being provided by KTS.
With this new service, KTS and O2 are aiming to take a leadership position
providing business data across mobile networks, which independent experts
Strategy Analytics estimate will grow from $61 billion in 2004 to just over $189
billion by 2009.
Mark Imrie, Head of Products of O2, said:
'KTS MarketTerminal with O2 will change the way financial professionals work.
They will be able to stay informed and make crucial financial decisions when
away from their desks without compromising on quality or the speed of market
data and news. This new service fits perfectly with our strategy to strengthen
our position as the leading provider of business services via mobile data
connectivity.'
Dr Marc Pinter-Krainer concluded:
'We are delighted to be partnering with O2 in providing a new mobile service
that will make it far easier for financial professionals to keep in touch with
essential news and data, wherever they are. KTS MarketTerminal with O2 should
set a new standard in flexibility. It's all about staying informed, anytime,
anywhere.'
Further information about KTS MarketTerminal with O2 can be found at
http://o2.marketterminal.com, or by calling the KTS sales team on 020 7256 2300.
Enquiries, please contact:
Dr Marc Pinter-Krainer O2 Press Office
Knowledge Technology Solutions PLC O2
020 7256 2300 01753 565 656
Neil Boom/Jenny Leahy
Gresham PR Ltd.
020 7404 9000
Notes to editors
About Knowledge Technology Solutions PLC
Knowledge Technology Solutions PLC is an innovative provider of financial market
data application services and the company is listed on the Alternative
Investment Market of the London Stock Exchange (ticker symbol: KTS).
Utilising its proprietary advanced technologies, KTS focuses on developing and
providing real-time thin-client market data services to the financial
marketplace by delivering essential market data and news via more cost-effective
communications channels.
KTS differentiates itself from other leading information providers as its
services are technology driven. They are designed to run on standard PCs and
laptops without the need for any installation of dedicated hardware, software or
infrastructure, as the application runs on the server side on powerful clusters
of highly resilient and secure servers. Financial professionals can log on to
KTS's services by using a standard Internet connection from any geographical
location across fixed and wireless networks. KTS's 'zero-client' application
service offers its clients unprecedented benefits including flexibility and
significant cost savings in the areas of support and maintenance of any market
data infrastructure and user data, as no client-side components are required and
upgrades are automatic.
More than 120 client organisations currently subscribe to KTS's financial
information services KTS QuoteTerminal and KTS MarketTerminal.
About KTS MarketTerminal
KTS MarketTerminal is KTS's international financial news and data product. It
offers in-depth coverage of essential financial information, news, analytics and
real-time prices from a number of international exchanges including:
London Europe
London Stock Exchange Frankfurt Stock Exchange
FTSE International (UK Indices) Xetra
LIFFE Options & Futures Neuer Markt
Deutsche Boerse (Indices)
Irish Stock Exchange (Indices)
North America Euronext (Equities, Bonds & Indices)
NASDAQ Helsinki Stock Exchange
NYSE Sweden Stock Exchange
AMEX Oslo Stock Exchange
Dow Jones (Indices) Copenhagen Stock Exchange
Milan Stock Exchange Stocks (Bonds,
Derivatives & Indices)
Madrid Stock Exchange (Indices)
Zurich Stock Exchange
About KTS MarketTerminal with O2
The KTS MarketTerminal with O2 subscription package includes everything required
to access live market data and news from a laptop. The package includes the O2
3G/GPRS data modem which slots into the laptop's PCMIA slot, an O2 connection
and subscription including 3G SIM card, and a full subscription to KTS
MarketTerminal. Monthly included UK data volume is 100 Mbytes, which is
equivalent to using KTS MarketTerminal for 3.5 hours each market day. Excess
usage attracts additional charges. KTS MarketTerminal with O2 provides
unprecedented flexibility and clients can access its full functionality and
information content anytime, anywhere.
About O2
O2 is a leading provider of mobile services to consumers and businesses in the
UK. It is the leader in non-voice services, including text, media messaging,
games, music and video, as well as always on data connections via GPRS, 3G and
WLAN. Each month O2's 14 million plus customers send more than three quarters of
a billion text messages. O2 (UK) Limited is a subsidiary of O2 plc which also
owns O2 branded mobile operators in Ireland and Germany as well as the O2
Airwave emergency services network in the UK.
This information is provided by RNS
The company news service from the London Stock Exchange