Comtex to Introduce SmarTrend(R) 2.0 at NY Securities Industry Technology Management Conference
June 12 2007 - 8:15AM
PR Newswire (US)
NEW YORK, June 12 /PRNewswire-FirstCall/ -- Comtex News Network,
Inc. (OTC:CMTX) (BULLETIN BOARD: CMTX) , a leading provider of
economically useful electronic real-time news, content and
SmarTrend(R) market products, today announced that it will unveil
and introduce SmarTrend 2.0 -- the new version of its popular
online stock trend alert product -- at the SIFMA Technology
Management Conference, on June 19, 2007. The unique, online
SmarTrend system combines proprietary automated pattern recognition
with real-time news. SmarTrend generates real-time UPTREND and
DOWNTREND alerts based on backward and forward-tested analytics
developed over 25 years. SmarTrend bundles these equity trend
indicators with news on specific equities to help investors have
immediate access to real-time news stories on the companies they
follow. SmarTrend was introduced in March 2005 to institutional
investors as a Comtex CustomWire, and continues to be available in
various professional financial applications through Comtex's
extensive distributor network. Comtex is introducing SmarTrend 2.0
at the 2007 Securities Industry & Financial Markets Association
(SIFMA) Technology Management Conference, being held from June 19
-- 21, at the Hilton New York, 1335 Avenue of the Americas, New
York City. Comtex will be in Booth 1422 and invites all interested
investors, press and conference attendees to demonstrate the new
product (for more information on the event, see
http://www.sifma.org/tmc2007/index.html). According to Comtex
President and CEO, Chip Brian, "SmarTrend 2.0 has new, powerful
benefits for investors which we look forward to unveiling next
week. Comtex is extremely pleased with the next generation of our
SmarTrend product line." Current subscribers will have immediate
access to the new website. About Comtex Comtex
(http://www.comtex.com/) provides real-time news, Comtex
SmarTrend(R) Alerts and economically useful information. Comtex
customers receive select content from key sources which is further
enhanced with stock tickers and an extended lexicon of relevant
terms. With a specialization in the financial news and content
marketplace, Comtex receives, enhances, combines and filters news
and content received from national and international news bureaus,
agencies and publications, and distributes more than one million
total stories per day. Comtex's state-of-the-art technology
delivers this relevant content and reliable service in real-time.
Comtex now also provides several SmarTrend Alert products to
consumers, including a daily stock market letter (Morning Call),
selected stock news (SmarTrend Spotlights), and SmarTrend Alerts
(via subscription at http://www.mysmartrend.com/). Comtex has
offices in New York City and Alexandria, Virginia. Please Note:
Except for the historical information contained herein, this press
release contains forward-looking statements within the meaning of
Section 21E of the Securities and Exchange Act of 1934, as amended,
that involve a number of risks and uncertainties. These
forward-looking statements may be identified by reference to a
future period by use of forward-looking terminology such as
"anticipate," "expect," "could," "intend," "may" and other words of
a similar nature. These statements involve risks and uncertainties
that could cause actual results to differ materially from those
contemplated herein, including the occurrence of unanticipated
events or circumstances relating to the fact that Comtex is in a
highly competitive industry subject to rapid technological, product
and price changes. Other factors include the possibility that
demand for the Company's products may not occur or continue at
sufficient levels, changing global economic and competitive
conditions, technological risks and other risks and uncertainties,
including those detailed in the Company's filings with the
Securities and Exchange Commission. Comtex undertakes no obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. DATASOURCE:
Comtex News Network, Inc. CONTACT: Amber Gordon of Comtex News
Network, Inc., +1-703-797-8011, Web site:
http://www.comtexnews.com/ http://www.sifma.org/tmc2007/index.html
http://www.mysmartrend.com/
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