COMTEX NEWS NETWORK, INC.

COMTEX NEWS NETWORK, INC.

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Company Overview
Comtex News Network, Inc. is the leading provider of electronic real-time news, content and Smar Trend market products. Focusing in the financial news and content marketplace, the company receives, enhances, combines, filters and distributes news and content received from more than 10,000 national and international news, bureaus, agencies and publications.
The company gathers approximately 20,000 stories a day from more than 70 publisher partners to form a variety of news and products delivered to distributors who package and resell Comtex products to its end-users. It delivers more than 1.5 million news stories and content units a day. Comtex’s distribution system provides stories sorted by topic, keyword, or geographic location. In addition, the company has four main product lines, namely: Customwires, which includes subject-specific newswires compiled from national and international news, bureaus, agencies and publications; Comtex Topnews, features the editorially selected top news stories of the day; Publisher Full Feeds, deals in providing delivery from a specific publisher that offers distributors with the complete content offering from that publisher; and Smartrend products, which includes daily stock market letter, selected stock news, and its banner product Smartrend alerts.
Based in Alexandria, Virginia, the company also has a branch office in New York City. Comtex’s publishers include Associated Press, EDGAR Online, hugin, UPI, Business Wire, PR Newswire, Agencia Efe, and The Sports Network. Its distributor partners are Relegence, Bloomberg.com, THOMSON Dialog, Fluent Media, Money.Net, Track Data. ZACKS, ComStock, eSignal, and Marketwatch Information Services.
Business Summary
Comtex News Network, Inc. (Comtex) is a provider of electronic real-time news, content and SmarTrend market products. Comtex receives, combines, filters and distributes, news and content received from more than 10,000 national and international news bureaus, agencies and publications. The resulting news and content products, with embedded stock tickers, key words, standardized metadata, uniform formatting, and custom filters, are all designed to meet the standards required by investment professionals. Comtex is a wholesaler of real-time news and related content for financial and business information distributors. Comtex has also developed a line of stock trend alert products, marketed under the name SmarTrend, which are sold directly to consumers, as well as through financial distributors. The four product lines produced and distributed by Comtex are CustomWires, Comtex TopNews and Publisher Full Feeds and SmarTrend Products.
Description and history
Comtex News Network, Inc. (Comtex) is a provider of electronic real-time news, content and SmarTrend market products. Comtex receives, combines, filters and distributes, news and content received from more than 10,000 national and international news bureaus, agencies and publications. The resulting news and content products, with embedded stock tickers, key words, standardized metadata, uniform formatting, and custom filters, are all designed to meet the standards required by investment professionals. Comtex is a wholesaler of real-time news and related content for financial and business information distributors. Comtex has also developed a line of stock trend alert products, marketed under the name SmarTrend, which are sold directly to consumers, as well as through financial distributors. The four product lines produced and distributed by Comtex are CustomWires, Comtex TopNews and Publisher Full Feeds and SmarTrend Products. As of June 30, 2009, Comtex formed a wholly owned subsidiary, LeGarde Capital Management LLC.

CustomWires

Comtex’s CustomWires product is a subject specific newswires compiled from national and international news bureaus, agencies and publications. It is presented in a range of subject combinations, including energy, finance, international and public company information. CustomWires offers information about Wall Street, which includes coverage of a range of topics, including up-to-the-minute trading data from the global stock markets, commodities and futures prices, personal investment news, economic indicator data, international trade policies, general business news, IRS bulletins, and actions from the global financial institutions. Company-specific stories include stock tickers. CustomWires offers news about International issues. It includes information on a range of topics, including international elections, foreign policy, military actions, environment news, health issues, international business, trade and financial market activity. Features content from over 750 international news agencies, bureaus, and publications and provides global and regional perspectives. Regional coverage includes Africa, Asia/Pacific, Canada, China, Commonwealth of Independent States Countries, Eastern and Western Europe, Latin America and the Mideast.

CustomWires offers information regarding public companies. It includes press releases and news stories about companies that are publicly traded on United States and Canadian exchanges. It also features corporate announcements on such topics as stock splits, technological discoveries, quarterly earnings, and new marketing initiatives. In addition to comprehensive news sources, Public Companies include content from the world’s largest and most prolific press release services. All stories include company stock tickers.The CustomWires product also focuses on news from energy corporations, committees, and regulatory organizations worldwide. It includes in-depth news on all sectors of the energy industry, including nuclear, coal, natural gas, petroleum, and alternative power. It also includes stories about international trade deals, worldwide production, usage and regulatory issues, awarded contracts, business acquisitions and investments, environmental incidents, energy exploration projects, pipeline constructions, international energy disputes, and financial summaries on the industry’s impact on the world’s economies.

CustomWires provides breaking news on the activities of world’s ecosystems and environments. It features coverage of Environmental Protection Agency policy changes, alternative energy developments, weather service announcements, and pollution and toxic waste alerts. Also includes coverage of the environmental lobby, natural resource conservation, recycling efforts, wildlife and ecological preservation, and pollution management control. CustomWires also provides information related to Equity Analysis. It includes news reports, analysis, commentary, and competitive business and financial information related to publicly traded companies. It also includes coverage of companies under the scrutiny of the Securities and Exchange Commission (SEC), mergers and acquisitions, technical analysis and other information related to equities. CustomWires also covers news regarding presidential activities, legislative activities, foreign policy issues, national defense, election coverage and Supreme Court rulings.

Comtex TopNews

Comtex TopNews is the editorially selected top news stories of the day. It includes a range of news story options, including financial markets, vertical markets, general markets and world news.

Publisher Full Feeds

Publisher Full Feeds is the delivery from a specific publisher. It provides distributors with the complete content offering from that publisher.

SmarTrend Products

SmarTrend Products include a daily stock market letter (Morning Call), selected stock news (SmarTrend Spotlights), and the Company’s banner product, SmarTrend Alerts (via subscription at www.mysmartrend.com). SmarTrend Products provides content information regarding SmarTrend Morning Call, SmarTrend Market Commentary, SmarTrend Weekly Wrap-Up, SmarTrend NewsWatch and SmarTrend Spotlights. SmarTrend Morning Call is a daily market newsletter that examines SmarTrend market indicators, and reviews stocks whose movements have been directly linked to changes in the market. SmarTrend Market Commentary includes three daily market commentaries, which report the latest happenings throughout the trading day, including Opening Bell Comments, MidDay Market Recap, and Market Wrap-Up commentary. SmarTrend Weekly Wrap-Up is every friday following market close, the SmarTrend Market Analytics Group reports on the week’s market moving events and projected major events for the week ahead. SmarTrend NewsWatch includes articles highlighting business and economic news throughout the day. SmarTrend Spotlights includes articles highlighting trading alerts generated by the SmarTrend system.

Business Line
Provides electronic real-time news, content and Smar Trend market products
Subsidiary

Advisor
TURNER, STONE & COMPANY
IPO date
3/3/2000
US SIC Code
7383
Company Address
Suite 301
625, N. Washington Street
City province or state postal code
22314, ALEXANDRIA, VA
Phone: +1 703 820 2000
Fax: +1 703 820 2005
Country address: UNITED STATES OF AMERICA
Website url: www.comtexnews.com