Portfolio Managers Gain Global Bond Data in CMS' BondEdge System
-Opens Up Domestic and European Markets-

Los Angeles, CA, November 15, 1999 - Capital Management Sciences, a division of Data Broadcasting Corporation (Nasdaq:DBCC), has expanded the global capabilities of its core product BondEdge with the help of the International Securities Market Association (ISMA). Amid growing demand both in the U.S. and in Europe, CMS saw the need for a system that provides portfolio analytics coupled with global bond data and pricing information. Responding to this demand, CMS signed a deal with ISMA to provide its international bond database and daily price service as part of CMS's BondEdge system.

In a survey of 500 mostly U.S. clients, CMS found that over 25% stressed the importance of being able to incorporate non-dollar denominated securities in their investment portfolios. CMS is now able to respond with a comprehensive system of analytics, reports, global bond data and benchmark indices. Portfolio managers using BondEdge can access ISMA's database of terms and conditions for over 20,000 fixed rate securities, including sovereigns, supranationals, corporate bonds and MTNs from over 70 countries, including emerging markets, as well as daily prices from the newly expanded ISMA Price Service.

Available to portfolio managers who subscribe to the Multi-Currency Module in BondEdge, the ISMA data is a critical component of a package that also includes exposure reports by country and by currency, with and without the effect of currency hedges, and portfolio cash flow projections. The system supports all of the currencies in the ISMA database via a Currency Matrix that is updated daily.

"We are pleased to sign this deal with ISMA. With the expansion of a euro-denominated bond market, the growth potential for CMS is enormous both in U.S. and non-U.S. markets. We provide a platform for managers to include dollar and non-dollar denominated securities in their investment analysis. These tools assist managers in assessing interest rate, currency and credit risk," stated Laurie Adami, President of CMS.

About ISMA
The International Securities Market Association (ISMA) is the self-regulatory organisation and trade association for the USD 3,000 billion international securities market. For some 700 member firms in 50 countries world wide, ISMA oversees the efficient functioning of the market through the implementation and enforcement of a self-regulatory code covering trading, settlement and good market practice. ISMA also provides reliable and accurate pricing and market to market participants and information vendors. For further information visit www.isma.org.

About CMS
For over 20 years, CMS has been recognized as the leader in fixed income analytical software. Long known for BondEdge, CMS is trusted as an independent source of research, analytics and valuation tools by over 500 institutional investment firms. CMS is a division of Data Broadcasting Corporation (Nasdaq: DBCC), a leading provider of real-time market data, stock quotes, and financial news and information delivered via the Internet. More information on CMS is available at www.cms-info.com. Corporate information on DBC is available at www.dbc.com.

Contacts

Lorraine DiBacco
Capital Management Sciences
(310) 479-9715
ext. 5302
ldibacco@cms.dbc.com

Tim Dickenson
ISMA
(44-20) 7538-5656
tim.dickenson@isma.co.uk