ADVFN.COM PLC
13 September 2001
EMBARGOED TO 7:00AM THURSDAY 13 SEPTEMBER 2001
ADVFN appointed as a preferred financial content provider to blueyonder
broadband, Telewests's high-speed internet service
ADVFN.COM PLC (LSE: AFN), one of the UK's leading providers of financial
information, announces it has been appointed by Telewest (LSE: TWT) as a
preferred content provider of shares and related financial information
services to the e-commerce section of Telewest's blueyonder broadband internet
service.
Under the terms of the agreement, ADVFN will provide blueyonder subscribers
with its full range of financial information products, including its new range
of streaming real-time price data products, as well as stock market news and
information, investment tools, bulletin boards and investment education. These
ADVFN services will be available later this year when e-commerce services are
launched on Telewest's new blueyonder broadband web site.
ADVFN's subscription services will be accessible to Blueyonder's subscriber
base which is based upon the most fully built broadband local and national
network in the UK, currently covering over 4.3 million homes. Telewest has
already signed-up more than 38,000 customers to the service, in addition to a
customer base of around quarter of a million blueyonder dial-up users.
The arrangement further strengthens the relationship between Telewest and
ADVFN. ADVFN currently provides shares information and education on Active
Digital, Telewest's interactive television service.
Martin Talks, Commercial Director, ADVFN.com Plc said:
'We are delighted to forge closer ties with Telewest by making our services
available to blueyonder broadband customers. This arrangement continues to
expand our potential userbase and revenue streams while underlining our
commitment to be at the forefront of technology and data delivery. Our new
streaming data services are ideally suited to the 'always on' connection
provided by blueyonder broadband. Our streaming services enable all users of
our services to receive live share price data in a format which ensures that
the information is instantly updated.
The arrangement with Telewest further emphasises our position as the leading
provider of financial information to the private investor.'
Philip Snalune, head Telewest's blueyonder web sites said:
'We are delighted to be able to provide ADVFN's streaming financial
information services to our customers as part of our new blueyonder broadband
site. Real time information services are a fantastic example of how
blueyonder customers can benefit from a high speed internet connection that is
'always on'. ADVFN has been a successful financial service on Active Digital,
our interactive television service, and we are confident that they will be
well received by blueyonder customers.'
For further information please contact:
Advfn.com Plc 020 7070 0946
Martin Talks, Commercial Director
Buchanan Communications 020 7466 5000
Jeremy Garcia
Telewest 01483 587 099
John Moorwood
Notes to Editors:
About ADVFN (www.advfn.com)
ADVFN is a leading provider of professional quality shares data to private
investors from its web sites at www.advfn.com, www.advfn.fr, its WAP services
(http://mobile.advfn.com/wap/) and its interactive television channels with
Telewest. The company also provides investment education services through its
subsidiary, Success Events Limited (www.success-events.com). ADVFN recently
announced its acquisition of UK-Invest.com and an exclusive partnership
agreement with Freeserve.
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
over 40 million page impressions a month. Its rapidly growing user base has
one of the highest demographics of any media.
ADVFN floated on AIM in March 2000.
ADVFN has a strategy of international expansion and recently launched its
French web site at www.advfn.fr.
Its recently formed B2B division covering Investor Relations solutions, client
competitor aware products, fundamental data and co-branded products can now be
seen on high profile web sites including Orange, Friends Provident and
Accountancy Age.
ADVFN's American subsidiary, 3DV8 inc. recently launched its proprietary 3D
visual data mining application throughout North America and into UK. (for more
details visit www.3DV8.com).
About blueyonder
Telewest's blueyonder broadband service provides customers with an
always-on, high-speed broadband connection to the internet via a cable
modem. The service is available to over 4.3 million UK homes and Telewest has
already signed-up more than 38,000 customers to the service, in addition to a
customer base of around quarter of a million blueyonder dial-up users.
Telewest is launching a new generation of broadband-dedicated web site which
will provide its blueyonder customers with instant access to the cream of
broadband content and services. Broadband-specific content will be combined
with high-speed internet access, providing a showcase for the power of
broadband internet. E-commerce services will launch on the broadband site,
including content partners such as ADVFN.
*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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