ADVFN PLC
30 June 2005
News Release
June 30, 2005
ADVFN announces Brazilian joint venture company
- ADVFN PLC and Infolatina Ltda join forces to develop and market Brazilian
stocks and shares website -
ADVFN is pleased to announce that it has reached heads of agreement for the
formation of a joint venture company with Infolatina.
The joint venture company will create, market and promote a Portuguese-language
version of the ADVFN website in Brazil. The site will provide local and global
stock market data by utilising ADVFN's well-established technology platforms.
ADVFN will be responsible for the technical aspects of the project, while
Infolatina will be responsible for local marketing, advertising and customer
support. The Brazilian site will have a ready-made audience in the form of
Infolatina's current substantial customer base and will benefit from the
company's 21 years of experience in providing stock market data to the Brazilian
market.
ADVFN's Latin American offering already includes Mexican and Chilean stock
market information, which is available to all its global users. The company will
shortly be announcing the launch of financial data from the Sao Paulo Stock
Exchange - the Bolsa de Valores de Sao Paulo (BOVESPA).
Clem Chambers, CEO of ADVFN, commented: 'Infolatina Ltda's local knowledge and
expertise in the marketing of financial products to investors makes it a perfect
fit with ADVFN in this exciting project. Brazil holds 50% of Latin America's top
500 companies and has the best performing stock market in the region, making it
a key target for ADVFN's global expansion plans and affording both companies
many opportunities.'
Joao Luis Torres, Chairman of Infolatina Ltda, said: 'This joint venture will
benefit immensely from ADVFN's status as European leader in its field. The
website will provide Brazilian investors with unrivaled native-language access
to a wealth of worldwide market information and will allow them to take
advantage of advanced analysis tools.'
- ENDS -
NOTES TO EDITORS
About Infolatina Ltda
Infolatina produces technology and information packages for professional and
private investors based around the Bovespa, BM&F and Exchanges.
Including:
• Real time quotes from the BOVESPA and BM&F;
• Real time quotes of foreign currency trade at the exchanges
• Analysis and charts
• Interest rates twice a day; main bank and government fees
• News on the financial market.
This information can be accessed by its clients through software which updates
in real time using 64K speed private lines or via the internet.
Infolatina works with many local producers and developers to produce a package
tailored to its clients needs.
About ADVFN
ADVFN (www.advfn.com) is Europe's number one stocks and shares Web site. With
full real-time coverage of the London Stock Exchange, the euronext-liffe, OFEX,
NASDAQ, Amex and NYSE, including FTSE, Dow and S&P indices, ADVFN provides
professional quality information to the person on the street.
ADVFN was established in the last quarter of 1999 and floated on AIM in March
2000. It now has over 500,000 registered users who generate in excess of 38
million page impressions a month.
We currently cover the following areas in the UK, France and America:
• Free real-time prices from the London Stock Exchange
• EURONEXT-LIFFE
• EURONEXT - Paris, Brussels and Amsterdam
• NASDAQ
• NYSE
• AMEX
• OFEX
• FOREX
• GTIS FOREX
• NYMEX
• COMEX
• Russian stocks and indices
• Canadian stocks, indices, options and derivatives
• German stocks and indices - Xetra
• Irish stocks and indices
• Greek stocks and indices
• Singapore stocks and indices
• Helsinki Stock Exchange
• Stockholm Stock Exchange
• Copenhagen Stock Exchange
• Warsaw Stock Exchange
• Swiss Indices
• Chicago Mercantile Exchange
• Johannesburg Stock Exchange and indices
• Level 2 data
• Comprehensive fundamental data
• Streaming stock charts, historic and intraday
• CREST stock loan data
• Portfolios
• RNS and AFX news
• UK's busiest financial bulletin boards
• Historical data downloads
• Stock monitors and filters
• Covered Warrants
• Trading signals
• Investor Relations Web site solutions
• PDA service
• SMS stock quote service
• Weather
• Headlines - news headline and archive search
For further press information, please contact: Francesca De Franco on 020 7070
0932 E-mail francescad@advfn.com
This information is provided by RNS
The company news service from the London Stock Exchange
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