CMS GLOBAL FIXED INCOME ROUNDTABLES DRAW ONE HUNDRED PORTFOLIO MANAGERS FROM TOP INVESTMENT FIRMS

November 6, 2000, Los Angeles, CA - Capital Management Sciences, a division of Data Broadcasting Corporation (Nasdaq:DBCC), hosted a series of luncheons October 24 and 26, 2000 for fixed income portfolio managers who invest in non-U.S. dollar assets to preview the new global analytic capabilities in BondEdge and discuss trends in the global marketplace. The roundtable discussions were held in San Francisco, Boston, Chicago, and New York, and drew portfolio managers from top money management firms who already invest or are considering investing a portion of their portfolios in global fixed income securities.

The rising popularity of global investing has created a need for additional data and a set of tools that help portfolio managers evaluate the multi-dimensional risk associated with it. The global offering in BondEdge includes a complete global bond database and major global bond indices for benchmark comparisons, plus reporting and analytic capabilities to help measure exposure to risk in a global context. The Performance Attribution model in BondEdge, which clients have used for years to explain returns on domestic bond portfolios, now factors in the variables specific to portfolios with exposure to non U.S. dollar assets, such as currency fluctuation or interest rates that shift in varying directions, across several different countries.

Mary Eberle, Investment Manager at PanAgora Asset Management, said, "I enjoyed the presentation very much. I’m very impressed with the commitment CMS has made to expanding the BondEdge product into the global arena, and I’m sure their new relation to Financial Times will help foster further growth in this area. Regarding the specific global features in BondEdge, the data coverage is extensive, and the functionality is valuable - the level of detail available for benchmark comparisons, on both a country and subsector basis, as well as the performance attribution capabilities are right on track." PanAgora, an investment management firm headquartered in Boston, Massachusetts with 16 billion under management, services a wide range of financial institutions such as pension plans, endowments, foundations and unions worldwide.

Teri Geske, Senior Vice President of Product Development at CMS, noted, "Based on some of the responses from the various sessions, it is clear that there is a growing trend for many investment firms to add global assets to their fixed income portfolios. In many cases, portfolio managers are adding up to twenty percent in global assets to their primarily domestic portfolios on a discretionary basis; also, U.S. pension funds are looking to allocate a portion of their assets specifically to global fixed income. These trends are representative of the constant search for new ways to increase the return potential on a ‘core-plus’ fixed income portfolio, and the desire of U.S. money management firms to capture new business resulting from the tremendous growth in the global bond markets."

Laurie Adami, President of Capital Management Sciences, comments, "These roundtable discussions were an important first step toward the next phase of growth for CMS. The demand in Europe for the type of fixed income analytics we’ve been providing here in the states has increased dramatically. A global expansion of our product line is just one of several ways CMS plans to capitalize on our expertise in the next one to two years."

About CMS
For over 20 years, CMS has been recognized as the leader in fixed income analytical software. Long known for the BondEdge system, CMS is trusted as an independent source of research, analytics and valuation tools by over 500 institutions in the U.S. and Canada. CMS is a division of Data Broadcasting Corporation (Nasdaq:DBCC), a leading global provider of financial and business information to institutional and individual investors. More information on CMS is available at www.cms-info.com. Corporate information on DBC is available at www.dbc.com.

Contact

Lisa Herbert
Capital Management Sciences
(310) 479-9715 ext. 5319
lisa.herbert@be.ftid.com