Stock Quotes Press Release DTN and Atlantic Financial 1998
DTN Announces Partnership with Online Brokerage Atlantic Financial
(c) 1998 PR Newswire
OMAHA, Neb., Oct. 21 /PRNewswire/ -- Data Transmission Network Corporation (DTN) (Nasdaq: DTLN) announced today the formation of a partnership with Atlantic Financial, an online brokerage firm in Boston, to bring DTN's Internet financial information service, DTN.IQ, to Atlantic Financial's customers. The partnership allows individuals with an online brokerage account with Atlantic Financial to receive dynamically updated quotes, news, charts and more from DTN.IQ.
DTN.IQ was released in June of 1998 and has quickly become one of DTN's most successful product launches. Priced significantly lower than comparable services and taking advantage of the Internet's power, DTN.IQ provides real- time streaming quotes, full text news, price and event alerts and charting capabilities. The service allows investors the same functionality professionals have had for years using more expensive, dedicated financial terminals.
"These kinds of relationships are the wave of the future," says Eric Stokes, Vice President DTN Financial Services. "By providing our services at reduced prices to Atlantic Financial customers, we create a real value for them and we gain exposure to an elite group of active investors."
Bruce Fenton, President Atlantic Financial said, "Our goal is to provide state-of-the-art services to our clients. It so happens that we can do this with DTN.IQ and at a price unmatched anywhere else today."
Atlantic Financial is an independent firm offering stocks, bonds, financial planning and over 6,500 mutual funds. Atlantic Financial aims to provide full service, objective advice at discount rates.
Data Transmission Network Corporation (Nasdaq: DTLN) in Omaha, Nebraska, is an innovative information and communication provider for a variety of industries including agriculture, financial, energy and weather-related industries such as aviation, broadcast, government, turf management, construction, emergency management and others. Additional industries served include automotive, electrical equipment and freight transportation. DTN is committed to providing comprehensive, time sensitive and affordably priced information including weather, news, quotes, market analysis and commentary to more than 159,000 subscribers in the U.S. and Canada via all relevant distribution technologies.
Visit the DTN Web site for company and investor information at www.dtn.com.
/CONTACT: Eric Stokes, Vice President, 402-390-2328, or fax, 402-255-8088, or Linda Grunberg, Director of Public Relations, 402-255-3748, or fax, 402-390-7188, both of DTN Financial Services/ 08:03 EDT
21 October 1998