ADVFN Regulatory News (AFN)

12 May 2005 07:30

ADVFN PLC12 May 2005 News Release May 12, 2005 ADVFN announces Japanese joint venture company - ADVFN PLC and Creative Link Corporation of Japan join forces to form ADVFN Japan - ADVFN is pleased to announce that it has reached heads of agreement for theformation of a joint venture company with Creative Link Corporation of Japan. The joint venture company will be based in Tokyo and will operate financialwebsites in Japan and Korea. These services will be aimed at the local Japaneseand Korean markets and will provide local and global data, utilising ADVFN'stechnology platforms. During the start up phase of the project ADVFN will be responsible for thetechnical aspects of the launch of the joint venture, while Creative Link willbe responsible for local marketing, customer support and finance of theoperation. Clem Chambers CEO of ADVFN commented: "Creative Link is a perfect partner for usin these exciting markets. Creative Link's local knowledge, internet expertiseand corporate backing are a perfect match with ADVFN's plans in Asia. This jointventure unlocks the potential of two large markets and is important progress inthe global rollout of ADVFN. Yuki Sanekata, Chairman of Creative Link Corporation said: "ADVFN Japan willprovide Japanese and Korean investors with unparalleled native-language accessto an extraordinary breadth of worldwide market information. Investors will beable to use unique analysis tools that are far ahead of anything currentlyavailable, at any price." NOTES TO EDITORS For further press information, please contact: Francesca De Franco on 020 70700932 E-mail francescad@advfn.com About Creative Link Creative Link Corporation is a Tokyo-based internet company that has incubated,grown and spun off many services since its founding in 1985. As the online media asset representative and technology partner for AgenceFrance Presse in Japan, CLC localizes and delivers AFP's content in real timevia all the major cellphone companies. A broadband service will be announcedshortly. CLC provides consulting and market entry services to many companies both insideand outside Japan. CLC is backed by some of the largest companies in Japan. Its shareholdersinclude: ITOCHU CorporationBANDAI Networks Co, LtdNTT DATA CorporationBellsystems24 Inc 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