Knowledge Technology Solutions PLC
17 June 2002
Knowledge Technology Solutions PLC
17 June 2002
Knowledge Technology Solutions chosen as first online
provider of CNBC Europe television content
Knowledge Technology Solutions PLC (AIM: KTS) has been chosen by CNBC Europe as
its first online partner to carry CNBC's television output via MarketTerminalTM,
a premium content financial news and information service for market
professionals. At a cost of £90 per month MarketTerminalTM customers can access
CNBC Europe with immediate effect.
CNBC Europe is widely recognised as the leading provider of live financial
television, with up-to-the-minute news and comment 24 hours a day. The advantage
for MarketTerminalTM users is that they can now instantly follow up CNBC Europe
stories by tracking share price histories, director dealings or other relevant
financial data and news which are essential to making informed investment
Launched by KTS in November 2001, MarketTerminalTM brings news, data and
analytics from respected information providers including CNBC Europe, Dow Jones,
AP, AFX News, Standard & Poor's ComStock and others. It is also simple to
operate, and does not require users to have dedicated networks or to install
separate hardware or software.
Dr Marc Pinter-Krainer, Chief Executive of KTS, said:
'There is a growing demand for direct access to multimedia content from the PC
which MarketTerminalTM is designed to handle with no loss of speed. We are
delighted by our strategically important partnership with CNBC Europe which we
believe endorses MarketTerminal's position as a leading online financial
Angelika Bergmann, VP Network & Distribution (EMEA), CNBC Europe, said:
'We at CNBC Europe are delighted to announce our strategic partnership with
MarketTerminalTM. From our perspective, MarketTerminalTM is an ideal platform to
satisfy the sophisticated information needs of our core audience, the upscale
professional. We experience a fast-growing demand by both institutional and
private investors to have CNBC Europe's real-time information not just at home,
but also in offices. Through MarketTerminal'sTM unique technology, their
customers and our viewers can now stay on top of market developments as they
happen, by simply clicking on our service on any PC anywhere in the world.'
Dr Marc Pinter-Krainer Angelika Bergmann
Chief Executive VP Distribution (EMEA)
Knowledge Technology Solutions plc CNBC Europe
020 8795 2700 020 7653 9300
Neil Boom/Mallika Basu Roland Cornish
Managing Director Beaumont Cornish Ltd.
Gresham PR Ltd. 020 7628 3396
020 7329 7555
MarketTerminal is a registered trademark of Cognita Technologies Limited, a
Knowledge Technology Solutions PLC company.
About Knowledge Technology Solutions PLC and MarketTerminal
Knowledge Technology Solutions PLC develops and licenses proprietary technology
and software solutions that aggregate, analyse and manage data and deliver the
enhanced information in real-time, tailored to customer requirements, via
Internet and wireless platforms. This delivery mechanism enables users to access
live information from any location at any time.
Knowledge Technology Solutions focuses on creating and licensing technology
related to real-time information processing as data overload becomes a common
problem. The Group's information technologies translate data into organised
knowledge and enable businesses to manage and control large amounts of
electronic information internally or externally, using the Internet as the
existing cost-effective communications infrastructure.
The company's flagship product is MarketTerminalTM, a real-time market
information system offering news and data from leading information providers
such as Dow Jones, AP, Standard & Poor's ComStock and others. For further
information please visit www.marketterminal.com
MarketTerminalTM utilises the company's proprietary advanced thin-client ASP
(Application Service Provision) technology to enable fast, secure and reliable
delivery of financial information via the Internet directly to the desktop PC.
Knowledge Technology Solutions is the holding company for Cognita Technologies
Limited, owner of the Group's IPR, and Sharepages.com Limited, an online
publisher of financial information. The Company is listed on the Alternative
Investment Market of the London Stock Exchange (AIM: KTS). For further
information please visit www.ktsplc.com
About CNBC and CNBC Europe
CNBC is the leading global 24 hour broadcaster of live and actionable financial
information, reporting directly from the major financial centres in Europe, the
US and Asia. Globally, CNBC reaches more than 168 million homes worldwide, with
channels in the US, Europe and Asia.
CNBC Europe is the only pan-European real-time financial information channel
dedicated to the European senior corporate executive, the European financial
services industry & the European investor. CNBC Europe is available in over 70
million homes, offices and hotels throughout Europe. The channel is available
via the Astra 2C satellite, on Cable and Digital platforms.
CNBC Europe is a service of NBC and Dow Jones. NBC is the leading television
network in the US and the broadcasting unit of General Electric Company (GE).
Dow Jones & Company (DJ) publishes The Wall Street Journal and its international
and online editions, Dow Jones Newswires and Dow Jones Indexes, providing
business and financial news around the world. NBC also offers CNBC Europe
interactive links to MSNBC, the NBC joint venture with Microsoft providing 24
hour information via television and the Internet.
CNBC Europe is produced and broadcast from studios in London, while drawing on
the resources of Dow Jones and NBC news contacts in 25 European cities.
Hudson Sandler +44 (0)20 7796 4133
Noemie de Andia
This information is provided by RNS
The company news service from the London Stock Exchange