Arcontech Group Regulatory News (ARC)

4 Apr 2005 07:00

Knowledge Technology Solutions PLC04 April 2005 RNS Release 04 April 2005 KTS and O2 launch new mobile information service for financial professionals Knowledge Technology Solutions PLC (KTS) and O2, a leading provider of mobileservices to consumers and businesses in the UK, have today launched KTSMarketTerminal with O2. The new KTS MarketTerminal with O2 service provides mobile access to essentialinternational market data and news. It is delivered through O2's "always on"data connections via GPRS, 3G and WLAN, turning a subscriber's laptop into afully-live KTS MarketTerminal. KTS and O2 are jointly marketing the new service, which, in an age whenfinancial professionals are working increasingly outside the office, allows themto keep completely up-to-date with live international market information, accessthe latest market news and receive instant price and news alerts. Subscribers receive always on access to KTS MarketTerminal with O2, which isavailable throughout the UK over O2's mobile data network. Included in the flatrate £200-per-month (ex VAT) package are the O2 connectivity subscription and O23G/GPRS Data Card for laptop computers. The new service is principally for financial professionals who need liveinternational stockmarket data, news and other essential financial informationwhen they are out of the office or away from their desktop. Among the 15 Exchanges covered by KTS MarketTerminal with O2 are the LondonStock Exchange, New York Stock Exchange, NASDAQ, Euronext, Deutsche Boerse andthe Scandinavian exchanges, to name but some. News, data and analytics aresupplied by the premium names in financial information, including InteractiveData, AFX News and Dow Jones Newswires. Dr Marc Pinter-Krainer, Chief Executive of KTS PLC, said: "Research shows that financial professionals are spending less time than ever attheir desks. The new KTS MarketTerminal with O2 mobile service enables ourclients to stay in touch with the markets while on the move. In a world whereinformation is power and quick decisions make the difference between profit andloss, KTS and O2 are providing a mobile service that sets the standard inflexibility, speed, resilience and user-friendliness." Target customers for KTS MarketTerminal with O2 are primarily City institutions.Both companies' sales teams are marketing it to existing and potential clients.Technical support is being provided by KTS. With this new service, KTS and O2 are aiming to take a leadership positionproviding business data across mobile networks, which independent expertsStrategy Analytics estimate will grow from $61 billion in 2004 to just over $189billion by 2009. Mark Imrie, Head of Products of O2, said: "KTS MarketTerminal with O2 will change the way financial professionals work.They will be able to stay informed and make crucial financial decisions whenaway from their desks without compromising on quality or the speed of marketdata and news. This new service fits perfectly with our strategy to strengthen our position as the leading provider of business services via mobile data connectivity." Dr Marc Pinter-Krainer concluded: "We are delighted to be partnering with O2 in providing a new mobile servicethat will make it far easier for financial professionals to keep in touch withessential news and data, wherever they are. KTS MarketTerminal with O2 shouldset a new standard in flexibility. It's all about staying informed, anytime,anywhere." Further information about KTS MarketTerminal with O2 can be found at http://o2.marketterminal.com, or by calling the KTS sales team on 020 7256 2300. Enquiries, please contact: Dr Marc Pinter-Krainer O2 Press OfficeKnowledge Technology Solutions PLC O2020 7256 2300 01753 565 656 Neil Boom/Jenny LeahyGresham PR Ltd.020 7404 9000 Notes to editors About Knowledge Technology Solutions PLCKnowledge Technology Solutions PLC is an innovative provider of financial marketdata application services and the company is listed on the AlternativeInvestment Market of the London Stock Exchange (ticker symbol: KTS). Utilising its proprietary advanced technologies, KTS focuses on developing andproviding real-time thin-client market data services to the financialmarketplace by delivering essential market data and news via more cost-effectivecommunications channels. KTS differentiates itself from other leading information providers as itsservices are technology driven. They are designed to run on standard PCs andlaptops without the need for any installation of dedicated hardware, software orinfrastructure, as the application runs on the server side on powerful clustersof highly resilient and secure servers. Financial professionals can log on toKTS's services by using a standard Internet connection from any geographicallocation across fixed and wireless networks. KTS's "zero-client" applicationservice offers its clients unprecedented benefits including flexibility andsignificant cost savings in the areas of support and maintenance of any marketdata infrastructure and user data, as no client-side components are required andupgrades are automatic. More than 120 client organisations currently subscribe to KTS's financialinformation services KTS QuoteTerminal and KTS MarketTerminal. About KTS MarketTerminal KTS MarketTerminal is KTS's international financial news and data product. Itoffers in-depth coverage of essential financial information, news, analytics andreal-time prices from a number of international exchanges including: London EuropeLondon Stock Exchange Frankfurt Stock ExchangeFTSE International (UK Indices) XetraLIFFE Options & Futures Neuer Markt Deutsche Boerse (Indices) Irish Stock Exchange (Indices)North America Euronext (Equities, Bonds & Indices)NASDAQ Helsinki Stock ExchangeNYSE Sweden Stock ExchangeAMEX Oslo Stock ExchangeDow Jones (Indices) Copenhagen Stock Exchange Milan Stock Exchange Stocks (Bonds, Derivatives & Indices) Madrid Stock Exchange (Indices) Zurich Stock Exchange About KTS MarketTerminal with O2 The KTS MarketTerminal with O2 subscription package includes everything requiredto access live market data and news from a laptop. The package includes the O23G/GPRS data modem which slots into the laptop's PCMIA slot, an O2 connectionand subscription including 3G SIM card, and a full subscription to KTSMarketTerminal. Monthly included UK data volume is 100 Mbytes, which isequivalent to using KTS MarketTerminal for 3.5 hours each market day. Excessusage attracts additional charges. KTS MarketTerminal with O2 providesunprecedented flexibility and clients can access its full functionality andinformation content anytime, anywhere. About O2 O2 is a leading provider of mobile services to consumers and businesses in theUK. It is the leader in non-voice services, including text, media messaging,games, music and video, as well as always on data connections via GPRS, 3G andWLAN. Each month O2's 14 million plus customers send more than three quarters ofa billion text messages. O2 (UK) Limited is a subsidiary of O2 plc which alsoowns O2 branded mobile operators in Ireland and Germany as well as the O2Airwave emergency services network in the UK. This information is provided by RNS The company news service from the London Stock Exchange