Information Today
Volume17, Number 4 • April 2000
Internet Securities, Inc. Acquires Bulgarian News Service

Internet Securities, Inc., a provider of Internet-delivered emerging markets news and business information, has announced the acquisition of Kadiev News Service (KNS), a full-service Bulgarian news provider. Terms of the transaction were not disclosed.

“This marks the first acquisition for Internet Securities and represents a significant strategic step forward for the organization and value of service provided,” said Gary Mueller, president and CEO of Internet Securities. “We are placing greater emphasis on providing our clients proprietary and value-added content.”

As the exclusive provider to Internet Securities, KNS brings value-added content and more comprehensive coverage within the Bulgarian and Romanian regions. As of March 2, KNS data has been re-branded with the new name Intellinews and made available to all subscribers of the ISI Emerging Markets service.

“Internet Securities plans to fund the expansion of KNS content throughout other similar markets in Eastern Europe,” said James Hammond, Internet Securities’ senior vice president of marketing. “The information will be layered into various platforms in the service, including our Email Alert tools.”

The acquisition of KNS allows Internet Securities to offer clients exclusive access to locally generated and proprietary newsletters, qualitative daily updates, and market-moving events in the English, Romanian, and Bulgarian languages.

“The depth of our understanding of local markets combined with the technical skills and distribution channels of Internet Securities will be very much to the benefit of clients operating in Central and Eastern Europe,” said Georgi Kadiev, president of Kadiev News Service.

ISI Emerging Markets provides in-depth information about emerging market economies, including financial, economic, and political news and information, and transmits that data through an Internet distribution model. Full-text news articles, financial statements, industry analyses, equity quotes, macroeconomic statistics, and market-specific information, which are derived directly from local information providers, appear both in English and in the local language.

The subscription-based service enables users to access a comprehensive range of information derived directly from more than 3,500 leading publications located throughout Latin America, Europe, and Asia. According to the company, the fast-growing service combines an intuitive interface and powerful search capabilities with in-depth, timely, and comprehensive coverage.

ISI Emerging Markets products have continually earned outstanding recognition and product reviews, including “perfect scores” in all categories, a “must have” ranking from Information World Review, and a first-place ranking by The Wall Street Journal Europe. The growing list of markets covered currently includes Argentina, the Baltic States, Brazil, Bulgaria, Central Asia and the Caucasus, Chile, China, Colombia, Croatia, the Czech Republic, Ecuador, Hungary, India, Mexico, Peru, Poland, Romania, Russia, Slovakia, Southeast Asia, Turkey, Ukraine, and Venezuela.

Internet Securities, Inc. a Euromoney Institutional Investor company, serves emerging markets specialists at financial institutions and multinational corporations in the U.S., Europe, and emerging markets. In addition to worldwide headquarters in Boston and European headquarters in London, clients are served through 16 offices throughout Latin America, Europe, and Asia. ISI Emerging Markets is distributed through the Internet or direct dial.

Source: Internet Securities, Inc., Boston, 617/204-3100; Fax: 617/204-3101; http://www.securities.com.


Table of Contents Information Today Home Page