Newstex to Distribute AFX News Via Content On Demand

Mar 14, 2006

Newstex, provider of Content On Demand, has announced a new strategic relationship with AFX News Ltd., a European financial news agency. The agreement calls for Newstex to deliver premium financial news content from AFX News to Newstex customers. Newstex provides tailored, real-time newsfeeds from branded newswires, newspapers, magazines, financial and business sources, blogs, and official government feeds.

Newstex will be offering four AFX news services: AFX International ProFeed, a real-time financial news service designed for the needs of the professional investor in the global marketplace; AFX Equitynext ProFeed, a real-time financial news covering company and market developments in the Euronext alliance of the Paris, Amsterdam, Brussels and Lisbon stock exchanges; AFX UK ProFeed, a premium service providing real-time financial news from the UK and the world to the professional investor and banking community; and AFX Asia ProFeed, a real-time financial news service focused on the delivery of real-time Asian and international market intelligence to professional investors.

Newstex uses its proprietary NewsRouter technology to scan each AFX News story in real-time. This process automatically tags each story with company names and tickers, notable executives and government officials, as well as categorizes each story across multiple topics using a relevance-based processing engine. Newstex's downstream redistributors and enterprise users that subscribe to AFX News via Content On Demand then employ this data to instantly process their inbound content.