Company News

Press Release

Contact:
David Beasley
650-347-2220 x.132
dbeasley@briefing.com

Bank of America And Quick & Reilly License Briefing.com's Live Bond Market Analysis
Bond professionals favor Briefing.com's Web based intra-daily commentary service

Burlingame, CA, November 11, 1997…Briefing.com today announces two new licensing agreements for its bond market analysis service. Bank of America has selected Briefing.com's Professional™ as the first Internet-based bond analysis service for the Treasury Trading Desk on their new $25 million San Francisco trading floor, as well as in Reno, NV. Also, Briefing's live Bond and FX analysis is now available free of charge to online customers of leading discount broker Quick & Reilly.

Equipped with the very latest in telecommunications and information technology, Bank of America's (BofA) new trading floor, opened September 16, is the largest on the West Coast. Each day, approximately $50 billion worth of financial transactions are handled; half ($20-30 billion) consist of securities trading involving corporate and government bonds. BofA is also the No. 1 underwriter of California municipal bonds. BofA's bond traders have now joined a growing group of professionals who use Briefing's expert live bond market commentary as a valuable addition to prices and news delivered by traditional Wall Street vendors.

Quick & Reilly (www.quickwaynet.com, www.qronline.com ) is one of the largest discount brokerage firms in the world. In their efforts to meet the specific needs of a rapidly expanding online client base, Quick & Reilly is the first discount broker to offer the full content of Briefing.com Professional. Throughout the trading day, any Quick & Reilly online account holder can now follow Briefing's constant analysis of the U.S. Bond, U.S. Stock, and world FX markets.

Briefing.com offers two levels of service: Stock Analysis™ is a comprehensive service for individual investors, while the new Professional package is geared towards fixed income professionals such as bond traders, funds managers, corporate treasurers and mortgage brokers. Briefing.com Professional includes live bond market commentary, 15 minute bond and FX quotes, leading edge Economic Analysis and much more. Stock Analysis includes a live market analysis section as well as the extremely popular Upgrades/Downgrades and Splits Calendars. A subscription to Briefing.com Professional includes the Stock Analysis service.

Quick & Reilly's vice president and head of electronic services, Mike Quinn, believes, "Briefing's high-quality bond analysis is the type of content that has helped put our Bond Center in a class by itself."

Other Professional subscribers are also enthusiastic. Joel Raby, president of Magna Vista Capital Management, states that Briefing Professional is his "first read every morning." Thomas McDonald, C.F.P. R.I.A. of McDonald-Yarbrough, Inc., finds, "Your service just keeps getting better and better."

Briefing employs a staff of well-known Wall Street professionals with proven track records, whose insights are regularly sought by Reuters, Dow Jones Markets, CNBC, CNNfn, The New York Times, Investor's Business Daily, The Los Angeles Times, and the Toronto Financial Post. On October 27, 1997, Briefing tied for sixth place in Barron's choices for the "Top Ten Investment Sites." The Financial Times of London recently elected the site number three worldwide and search engine Lycos ranked Briefing the number five site in the world under the category Money and Investments.

About Briefing.com
Briefing.com is an employee-owned company headquartered in Chicago, with offices in Boston and the San Francisco Bay Area. Rated a “top site” eight consecutive years by Barron’s and three consecutive years by Forbes.com, Briefing.com is the leading provider of quality, live market analysis via the Internet.

Briefing is of similar design and content to the live information products currently used by Wall Street traders over traditional networks. These services, delivered over such vendors as Reuters, Dow Jones Telerate, Bloomberg, and Bridge commonly cost between $200-$330 per month.