Money.net Financial Community Launches -- The Nets First Free Real-Time Portfolio Tracker

Monday, October 4th, 1999 11:20 AM Eastern Time

The company hopes to differentiate www.money.net from other online personal finance services by offering free real-time stock portfolios that allow users to create fantasy equity funds. Users can then track the fantasy funds' performance, using technology and applications from Thomson Financial.

In addition, the site will provide business news through Reuters and real-time stock quotes through Stockpoint.com. President and Chief Executive Harold Van Arnem IV said Money.net is in the midst of closing its first round of financing for the site, and noted that C. Blair Asset Management is one of the company's primary investors.

About Money.net

Money.net, with headquarters in New York City, is a privately held entity of the Money.net Incorporated. Money.net is a business and financial portal providing up-to-the-minute financial market information to individual investors around the world via the Internet.

Money.net allows viewers to access real-time stock quotes, options, commodity and futures pricing, mutual funds prices and indices. Money.net also provides business news, earnings forecasts and reports, market analysis and commentary, fundamental (balance sheet) data, annual reports, intra-day and historical charts and company profiles.

Money.net viewers can monitor their portfolio and track their favorite stocks at my.money.net. My.money.net is seamlessly integrated with free email @money.net.

For more information, visit Money.net at www.money.net.