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DATA BROADCASTING CHANGES CORPORATE NAME TO INTERACTIVE DATA CORPORATION (NASDAQ NM: IDCO)
June 15, 2001 Bedford, MA - Data Broadcasting Corporation (Nasdaq
NM: DBCC), a leading source of securities pricing, financial information
and analytic tools to global institutional, professional and individual
investors, today announced that the company has changed its corporate
name to Interactive Data Corporation. Effective Wednesday, June 20,
Interactive Data Corporation will trade on the Nasdaq National Market
under the ticker symbol IDCO. Stuart Clark, president and chief executive officer, commented, "Our new name more accurately reflects our company's current customer base, operating divisions and technological innovations. Most important, it takes advantage of our brand equity in the institutional investor marketplace, where Interactive Data is recognized as one of the industry's premier sources of essential financial information and analytic tools." Interactive Data's three operating divisions will retain their existing names: FT Interactive Data, a leading provider of financial market data to the institutional marketplace; CMS BondEdge, a leader in fixed income analytical software; and eSignal, a provider of streaming, real-time financial market data, news, analytics and decision support tools aimed at professional and active traders. For more information on Interactive Data Corporation, please visit the company's new website at www.Interactivedatacorp.com. About Interactive Data Corporation Interactive Data Corporation is headquartered in Bedford, Massachusetts. Through its branded businesses, FT Interactive Data, CMS BondEdge, and eSignal, Interactive Data Corporation has approximately 1,600 employees in 22 offices in North America, Europe, Asia, and Australia. Pearson plc (NYSE: PSO), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, is a majority shareholder of Interactive Data Corporation. About CMS BondEdge About Financial Times Information
Lisa Herbert |
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