ADVFN.COM PLC
24 November 2000
For Immediate Release 24 November 2000
ADVFN.COM plc EXPANDS INTO EUROPE
ADVFN.COM plc, ('ADVFN'), one of the UK's leading providers of financial
information, today announces the opening of its first European website,
ADVFN.FR, providing online financial information dedicated to the French stock
market.
ADVFN's expansion into France will allow the Company access to a mature online
marketplace of nine million users. A high percentage of those use the Internet
for financial information and transactions.
The creation of ADVFN.FR is the first step towards ADVFN's strategy to establish
a global brand and confirms the group's commitment to develop new overseas
websites using the proven cost effective formula employed in the UK.
Benedicte Nauleau, MBA (essec), heads up ADVFN's French subsidiary and its local
team. Benedicte was previously head of legal affairs for Unigate Plc's (UNIQ)
French subsidiary. She has significant experience in a variety of Internet
businesses.
Michael Boydell, Managing Director, today commented:
The opening of our French site reaffirms our commitment to expanding the
successful online services that we currently offer in the UK. France is a major
market for online financial information and is considered to be a 'hub' for
European markets.
Building on our considerable success in the UK, we will continue to roll out our
sites in other overseas territories, and look forward to generating revenues
from these new opportunities in 2001.
For further information please contact:
Advfn.com plc 020 7070 0947
Michael Boydell, Managing Director
Buchanan Communications 020 7466 5000
Alison Cole / Jeremy Garcia
Notes to Editors:
ADVFN went live in the last quarter of 1999 and has attracted considerable
attention for its unique range of services. ADVFN floated on AIM in March 2000.
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
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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