ADVFN Regulatory News (AFN)

6 Sep 2005 07:30

ADVFN PLC06 September 2005 News Release September 6th 2005 ADVFN announces the formation of ADVFN Japan., Co Ltd. ADVFN is pleased to announce that ADVFN Japan., Co Ltd - a joint venture withCreative Link Corporation of Japan - has completed its initial funding roundsand raised 500,000,000 yen to take the company forward. As a result of the funding, ADVFN PLC holds 29.1% of ADVFN Japan., Co Ltd, whichwill run autonomously from Tokyo. Clem Chambers and Michael Hodges have beenappointed to the board of the Japanese company and will represent the interestsof ADVFN. Clem Chambers, CEO of ADVFN PLC said: "We are delighted with the creation ofADVFN Japan., Co Ltd and the successful money raise by Creative Link Corporationto finance the business. This underlines the strength of our partners, the solidfinancial footing of ADVFN Japan., Co Ltd and reinforces the potential of theopportunity. With the combination of the ADVFN platform and Creative Link'slocal knowledge we look forward to building a valuable business in this immenseand dynamic market." NOTES TO EDITORS For further press information, please contact: Francesca De Franco on 020 70700932 E-mail francescad@advfn.com About ADVFN ADVFN (www.advfn.com) is Europe's number one stocks and shares Web site. Withfull real-time coverage of the London Stock Exchange, the euronext-liffe, OFEX,NASDAQ, Amex and NYSE, including FTSE, Dow and S&P indices, ADVFN providesprofessional quality information to the person on the street. ADVFN was established in the last quarter of 1999 and floated on AIM in March2000. It now has over 500,000 registered users who generate in excess of 38million page impressions a month. We currently cover the following areas in the UK, France and America: * Free real-time prices from the London Stock Exchange * EURONEXT-LIFFE * EURONEXT - Paris, Brussels and Amsterdam * NASDAQ * NYSE * AMEX * OFEX * FOREX * GTIS FOREX * NYMEX * COMEX * Russian stocks and indices * Canadian stocks, indices, options and derivatives * German stocks and indices - Xetra * Irish stocks and indices * Greek stocks and indices * Singapore stocks and indices * Helsinki Stock Exchange * Stockholm Stock Exchange * Copenhagen Stock Exchange * Warsaw Stock Exchange * Swiss Indices * Chicago Mercantile Exchange * Johannesburg Stock Exchange and indices * Level 2 data * Comprehensive fundamental data * Streaming stock charts, historic and intraday * CREST stock loan data * Portfolios * RNS and AFX news * UK's busiest financial bulletin boards * Historical data downloads * Stock monitors and filters * Covered Warrants * Trading signals * Investor Relations Web site solutions * PDA service * SMS stock quote service * Weather * Headlines - news headline and archive search This information is provided by RNS The company news service from the London Stock Exchange