Knowledge Technology Solutions PLC
28 November 2005
28 November 2005
Knowledge Technology Solutions PLC ('KTS'), provider of professional financial
information services, will hold its Annual General Meeting at 9.00am today at
which Chief Executive Marc Pinter-Krainer provides the following update on
Dr. Marc Pinter-Krainer says:
Since we reported our full-year results on 12th October 2005, we have made
progress on additional revenue-enhancing initiatives.
From constant contact with our customer base of financial institutions, there is
a clearly discernible trend for financial professionals to spend more time with
clients and less time at their desks monitoring market moves.
Accordingly, we see significant growth opportunities to deliver our
MarketTerminal service to handheld devices such as Blackberries, other popular
types of PDA and to the growing number of laptops fitted with the appropriate
wireless connectivity. Users can already subscribe to receive MarketTerminal on
PDAs running the Microsoft Pocket PC operating system and the Blackberry
Our goal is to offer the best 'one-stop solution' for mobile financial
information, and we are in discussions with mobile network operators and other
hardware suppliers to extend our presence in the mobile market data space.
Using the advantages of our technology to organise and display both live and
historic financial data in an easy to understand manner on individual desktops,
we are exploring opportunities to help financial institutions integrate their
internal data and research with exchange information.
This approach would provide a possible route to supplying a fully-integrated
MarketTerminal display application, with clients subscribing to exchange data in
addition to being able to view their own internally-generated information. We
believe that this type of data interface service offers significant revenue
From 1st January 2006, we will be integrating our live market data service under
the single MarketTerminal(R) brand. This will have a number of benefits
including a clearer brand identity. Not only will we be able to tailor our
services more precisely to each customer's needs, it will also provide
opportunities to increase the average revenue per user (ARPU).
Dr Marc Pinter-Krainer Neil Boom/Rosemary Acfield
Knowledge Technology Solutions PLC Gresham PR Ltd.
020 7256 2300 020 7404 9000
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