Information Today
                  Volume 17, Number 1 • January 2000		 COMTEX Changes Name to COMTEX News Network

COMTEX Scientific Corp. has announced that it has changed its name to COMTEX News Network, Inc. According to the company, this is the first of many strategic initiatives designed to securely position COMTEX as one of the Internet’s leading real-time news and information “infomediaries,” reaching millions of end users in the Internet market. COMTEX aggregates, adds value to, and repackages more than 45 worldwide real-time news and information sources, with a capacity to process 100,000 stories a day for a distribution network that exceeds 375 companies.

According to the announcement, an overwhelming majority of its shareholders agreed to change the name of the company from COMTEX Scientific Corp. to COMTEX News Network, a corporate identity that accurately reflects the company’s position in the information technology marketplace.

COMTEX News Network launched its branding campaign on its new Web site (http://www.comtexnews.net) on January 1.

“The timing of the COMTEX name change is perfectly aligned with our goals and the market demand on the Internet for comprehensive news and information,” said Charles Terry, COMTEX News Network president and CEO. “COMTEX is the recognized leader in news aggregation, and, with the launch of COMTEX News Network, more companies will be able to identify with our corporate mission.”

Source: COMTEX News Network, Inc., Alexandria, VA, 703/820-2000; http://www.comtexnews.net.

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