Knowledge Technology Solutions chosen as first online provider of CNBC Europe television content
17/06/2002
Knowledge Technology Solutions PLC (AIM: KTS) has been chosen by CNBC Europe as its first online partner to carry CNBC's television output via ktsMarketTerminal, a premium content financial news and information service for market professionals. At a cost of £90 per month ktsMarketTerminal 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 ktsMarketTerminal 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 decisions.
Launched by KTS in November 2001, ktsMarketTerminal 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 ktsMarketTerminal is designed to handle with no loss of speed. We are delighted by our strategically important partnership with CNBC Europe which we believe endorses ktsMarketTerminal's position as a leading online financial information service."
Angelika Bergmann, VP Network & Distribution (EMEA), CNBC Europe, said:
"We at CNBC Europe are delighted to announce our strategic partnership with ktsMarketTerminal. From our perspective, ktsMarketTerminal 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 ktsMarketTerminal's™ 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."
Contacts:
Dr Marc Pinter-Krainer
Chief Executive
Knowledge Technology Solutions PLC
+44 (0)20 7256 2300
Angelika Bergmann
VP Distribution (EMEA)
CNBC Europe
+44 (0)20 7653 9300
Neil Boom/Mallika Basu
Managing Director
Gresham PR Ltd.
+44 (0)20 7329 7555
Roland Cornish
Beaumont Cornish Ltd
+44 (0)20 7628 3396
About Knowledge Technology Solutions PLC
Knowledge Technology Solutions PLC is a leading provider of real-time market data solutions. KTS has been established in London's financial district, the City, since 1999 and is a public company listed on the Alternative Investment Market of the London Stock Exchange (ticker symbol: KTS). We are different because we are technology-driven. Our services are delivered to standard PCs, laptops and mobile devices without any new hardware, software or infrastructure. This is because they run on our highly resilient servers, and are simply displayed on Internet browsers, direct and without intervention from third parties.
Furthermore, we can do this via any network, including the Internet or an intranet connection. This is a very cost-effective way in which to access our services, and is extremely flexible in that clients can log on whether in the workplace or on the move. Our service delivery approach offers unprecedented benefits across an enterprise. It enables immediate and transparent upgrades, resulting in significant cost savings for support and maintenance. It also enables financial professionals to connect, and get on with the business of making money. Although cutting edge, this approach is proven: more than 130 client organisations currently subscribe to our market information service, ktsMarketTerminal.
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.
