Press Release - Interactive Data Corporation
Press Release - Interactive Data Corporation
Press Release - Interactive Data Corporation
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<strong>Press</strong> <strong>Release</strong><br />
IS.TELEDATA AG BECOMES<br />
INTERACTIVE DATA MANAGED SOLUTIONS AG<br />
Name change following acquisition by <strong>Interactive</strong> <strong>Data</strong> <strong>Corporation</strong><br />
FRANKFURT, Germany – July 13, 2006 – IS.Teledata AG today announced that the company has<br />
formally changed its name to <strong>Interactive</strong> <strong>Data</strong> Managed Solutions AG. The provider and operator of<br />
customised financial market information systems has made this change following its acquisition in<br />
December 2005 by <strong>Interactive</strong> <strong>Data</strong> <strong>Corporation</strong> (NYSE: IDC), a leading global provider of financial market<br />
data, analytics and related services to financial institutions, active traders and individual investors.<br />
The subsidiaries of <strong>Interactive</strong> <strong>Data</strong> Managed Solutions AG in France, Italy, UK, Italy, Spain, Finland and<br />
Switzerland will also change their names.<br />
The name change will enable <strong>Interactive</strong> <strong>Data</strong> Managed Solutions to leverage the strength of <strong>Interactive</strong><br />
<strong>Data</strong>’s brand around the world. <strong>Interactive</strong> <strong>Data</strong> Managed Solutions is now managed as part of the<br />
ComStock group within <strong>Interactive</strong> <strong>Data</strong> <strong>Corporation</strong>.<br />
<strong>Interactive</strong> <strong>Data</strong> Managed Solutions designs, develops and operates customised financial market<br />
information systems. The company aggregates data of numerous asset classes and in-house content, and<br />
integrates this content into modular Internet and intranet applications, as well as terminal solutions. The<br />
range of products and services, and existing contracts are not affected by the name change.<br />
“The change of name and with it the use of the <strong>Interactive</strong> <strong>Data</strong> logo is a logical and consistent step after<br />
IS.Teledata´s acquisition by <strong>Interactive</strong> <strong>Data</strong> <strong>Corporation</strong>. It will help us to more effectively broaden and<br />
market our product portfolio to customers,” says Stephan Wolf, chairman of the executive board of<br />
<strong>Interactive</strong> <strong>Data</strong> Managed Solutions AG.<br />
More information on <strong>Interactive</strong> <strong>Data</strong> Managed Solutions: www.interactivedata-ms.com<br />
About <strong>Interactive</strong> <strong>Data</strong> <strong>Corporation</strong><br />
<strong>Interactive</strong> <strong>Data</strong> <strong>Corporation</strong> (NYSE: IDC) is a leading global provider of financial market data, analytics and<br />
related services to financial institutions, active traders and individual investors. The Company's businesses<br />
supply time-sensitive pricing, evaluations, dividend, corporate action and reference data for more than 3.5<br />
million securities traded around the world, including hard-to-value instruments. Many of the world's bestknown<br />
financial service and software companies subscribe to the Company's services in support of their<br />
trading, analysis, portfolio management and valuation activities. Through its businesses, FT <strong>Interactive</strong><br />
<strong>Data</strong>, ComStock, CMS BondEdge and eSignal, <strong>Interactive</strong> <strong>Data</strong> has approximately 2,200 employees in<br />
offices located throughout North America, Europe, Asia and Australia, and is headquartered in Bedford, MA.
Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the<br />
Financial Times Group, Pearson Education, and the Penguin Group, owns approximately 62 percent of the<br />
outstanding common stock of <strong>Interactive</strong> <strong>Data</strong> <strong>Corporation</strong>.<br />
ComStock is a leading provider of real-time global market data to financial institutions, redistributors and<br />
online financial portals worldwide. ComStock's suite of services includes PlusFeed, a consolidated, low<br />
latency data feed. Also managed as part of the ComStock group is <strong>Interactive</strong> <strong>Data</strong> Managed Solutions, a<br />
leading provider and operator of customised financial market information systems. For more information<br />
about <strong>Interactive</strong> <strong>Data</strong> and its businesses, please visit www.interactivedata.com.<br />
COMPANY CONTACTS<br />
Investors:<br />
Andrew Kramer<br />
Director of Investor Relations<br />
+1-781-687-8306<br />
andrew.kramer@interactivedata.com<br />
Media:<br />
Christina Lotz<br />
Manager Corporate Communications<br />
<strong>Interactive</strong> <strong>Data</strong> Managed Solutions<br />
+49-69-505030-437<br />
christina.lotz@interactivedata.com