TMA The Market Age

RNS Number:1844V
Market Age PLC
09 February 2004



Re. Bloomberg & Pronet Analytics.com


Following requests from Bloomberg clients, the company announces that it has
today agreed terms, subject to contract, for its Pronet services to be made
available and distributed on the Bloomberg Professional platform.


Foreign Exchange, which is Pronet's core competence, has become a key target
growth area for Bloomberg, which has recently partnered with EBS in order to
provide an enhanced spotinterbank dealing facility for its users.


Group CEO Shane Smith commented: "We are delighted to gain the additional
exposure that delivery via Bloomberg is expected to provide.  Our collaboration
with Bloomberg comes at a time when foreign exchange, which is the core market
on which we provide intelligence, has also become a strategic focus for
Bloomberg.  Whilst the projected take-up of the service through Bloomberg is
hard to quantify, we are confident that the combination of this fortunate
timing, together with the strong reputation of Bloomberg's sales staff, will
leverage our sales efforts substantially.  At the same time, the costs of
technical implementation are extremely contained".


Bloomberg has approximately 270,000 subscriptions around the world in all major
institutional dealing rooms, which is the core target market for Pronet.  There
are approximately 1,000 Bloomberg sales staff.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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