ADVFN.COM PLC
27 November 2000
27 November 2000
ADVFN.COM plc
ADVFN signs partnership agreement with EO
ADVFN.COM plc, (LSE: AFN), ('ADVFN'), one of the UK's leading providers of
financial information, today announces it has signed a partnership agreement
with EO, the equity distribution platform for retail investors. ADVFN's users
will have direct access to the IPO and pre-IPO investment opportunities
offered by EO through the ADVFN E-Tail channel.
The EO partnership will provide existing ADVFN subscribers with direct access
to IPO and pre-IPO information, enhancing the 'retail investor' driven
services currently available on the site. ADVFN.com recently announced that
its site www.advfn.com achieved 1.5 million page impressions in a single day.
This makes it a leading online source of information and one of the most
successful internet sites in the UK. EO's reach in the UK extends to nearly
3.5 million users with an additional reach of approximately 12 million users
throughout Europe.
Michael Boydell, Managing Director, commented:
'ADVFN is committed to providing subscribers with the best possible investment
driven information. By supplying IPO and pre-IPO information we further this
aim.'
Leigh Burdick, Managing Director of EO also commented:
'This partnership with ADVFN further extends EO's reach in the UK.
Subscribers to ADVFN's sophisticated investment information match our target
audience of private investors. Through this agreement ADVFN subscribers will
benefit from the unique investment opportunities EO offers.'
Enquiries :
ADVFN
Michael Boydell 020 7070 0947
EO plc
Leigh Burdick 020 7725 4906
Buchanan Communications (for ADVFN) 020 7466 5000
Alison Cole / Jeremy Garcia
Finsbury (For EO plc) 020 7251 3801/07974 176 6603
Peter Pender-Cudlip
Notes to Editors:
On ADVFN
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
EO plc
* EO plc, which is regulated by the SFA, is an on-line share
distribution platform for IPOs and private placements. EO works in
partnership with investment banks and venture capital firms to distribute
equity product to retail investors on a pan-European basis.
* EO benefits from a partnership with GlobalNetFinancial.com.
GlobalNetFinancial.com is Europe's largest financial information portal, with
some 30 million page views per month and investment sites in the US, UK,
France, Italy, Netherlands, Spain, Germany and Denmark. EO also benefits from
exclusive deal flow from NewMedia SPARK, Europe's largest quoted early stage
technology investment Company.
* EO has established partnerships with UBS Warburg and Nobles. Under the
terms of these partnerships, the investment banks will make appropriate equity
product offerings available to retail investors via the EO.net site.
* EO provides moneyextra.com, a leading personal finance website, with
an IPO service and has partnerships with hemscott.NET, Stocktrade and
Sharepeople to provide users with direct access to investment opportunities at
www.eo.net.
* EO is expanding its pan-European reach and has recently announced
partnerships with Continental European online IPO providers, more.de in
Germany and EuropeOffering.com in France.
* Through its existing combined networks and partnership arrangements,
EO now reaches an audience of over 16 million online users throughout the UK
and Europe.
*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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