Money.net Launches with Exclusive Free Real-Time Stock Portfolios

Wednesday, October 6th, 1999 12:36 PM Eastern Time

NEW YORK, NY -- (INTERNETWIRE) -- 10/06/99 -- Money.net (http://www.money.net), a new online financial news, information and community has launched, exclusively offering free real-time stock portfolios on the Internet. Money.net has secured financing from C. Blair Asset Management, managed by Chris Blair, former manager of the Morgan Stanley Asset Management Technology Fund. Other strategic alliances include agreements with DigiTrade, a division of Thomson Financial (portfolio technology and applications), Delphi (community), Stockpoint (ticker data), Reuters (real-time news), Real Media (advertising).

Money.net is the only online news and information service to provide real-time portfolio functionality without a proprietary investor relationship or initial charges. Money.net's services are designed to provide users with the tools that will make them smarter as they make decisions about their personal finances.

Among the specialized information available at money.net: up-to-the-minute market information, original personal finance articles, interviews with financial professionals, market indices, historical charts, earnings forecasts and reports, market analysis and commentary, fundamental company data, company profiles, and sector news. Users can also access weather, general, sports and entertainment news.

Money.net users will have access to interactive Java charts and a customizable stock ticker. The Java charts allow users to zoom in on date ranges by clicking and dragging within chart. Technical indicators can be added to the Java charts for comparative purposes without refreshing the chart or the web page, making it an invaluable tool to investors.

"With technological convergence and the new global economy, Money.net offers everyone access to the tools required to manage a real-time 24 hour financial news and trading cycle," says Money.net president and CEO Harold Van Arnem IV, a former executive with DoubleClick and CyberGate http://www.gate.net.

In the near future, money.net will provide users with e-commerce features including banking and trading. Within those areas, subscribers can pay bills, secure mortgages and credit cards, and purchase insurance policies.

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.

Contact: Benjamin Billingsley, Trylon Communications
Phone: 212-725-2295
Email: Benb@tryloncommunications.com