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Topic: (NASDAQ:OMGA) , (NASDAQ:DBCC) Data Broadcasting, (NASDAQ:DTLN) Data
Transmission Network, (AMEX:PQT) PC Quote Inc,
Headline: Omega Research Announces Prices for Next Generation of Products
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MIAMI--(BUSINESS WIRE)--Feb. 16, 1999--
TradeStation(R) 2000i, OptionStation(R) 2000i and
RadarScreen(tm) 2000i Priced at $2,400 Each;
Omega Research ProSuite(tm) 2000i Priced at $4,800
Omega Research, Inc. (NASDAQ:OMGA) announced today pricing for
the next generation of its premium investment analysis software
products, TradeStation 2000i, OptionStation 2000i, RadarScreen 2000i
and Omega Research ProSuite 2000i--Platinum Edition. The new products
continue to be on schedule to be officially launched Monday, February
22. A 90-day launch tour at which the products will be publicly
demonstrated in more than 50 cities across the United States is
scheduled to commence this weekend in Fort Lauderdale, Florida and
Dallas, Texas. Public demonstrations are also scheduled the weekend of
February 27 in New York and Chicago and the weekend of March 6 in Los
Angeles and San Francisco.
TradeStation 2000i, OptionStation 2000i and RadarScreen 2000i
will each be initially priced at $2,400. Omega Research
ProSuite--Platinum Edition, which is an integrated suite of those
three products, will initially be offered for $4,800. RadarScreen
2000i will initially be offered only as part of Omega Research
ProSuite--Platinum Edition. It is expected to be offered separately at
the $2,400 price no later than the second quarter of 1999. Complete
pricing, including all upgrade pricing, is expected to be posted on
the Company's website next week. All prices are subject to change,
with or without notice.
Omega Research's next generation of products is expected, upon
release, to be compatible with the following real-time Internet and
broadcast data services: Data Broadcasting Corporation's (NASDAQ:DBCC)
Signal Online (Internet), StockEdge Online (Internet), InSite
(Internet), DBC Signal (Broadcast) and BMI (Broadcast); Data
Transmission Network Corporation's (NASDAQ:DTLN) DTN Real Time and
DTNstant (Broadcast); and PC Quote, Inc.'s (AMEX:PQT) Hyperfeed(tm)
(Internet and Broadcast). An agreement is also in place to add, later
this year, as a compatible real-time data service, Standard & Poor's
ComStock's Xpressfeed(tm).
Founded in 1982, and headquartered in Miami, Florida, Omega
Research is a leading provider of real-time investment analysis
software for the Windows operating system. With the 1991 release of
its flagship product, TradeStation, the Company pioneered the concept
of utilizing the power of the personal computer to enable investors to
historically test the profitability of their own investment strategies
and then computer-automate those strategies to generate real-time buy
and sell signals. Omega Research's other principal products are
OptionStation, RadarScreen, Omega Research ProSuite and
SuperCharts(R).
This press release contains statements that are forward looking
and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. When used in this press
release, the words "believes," "estimates," "plans," "expects,"
"intends," "anticipates," "may," "should," "prospect," "looking
forward" and similar expressions as they relate to Omega Research or
its management are intended to identify forward-looking statements.
The statements in this press release regarding expected product
release dates and pricing are based on current expectations and
beliefs concerning future events that are subject to risks and
uncertainties. Actual results may differ materially from the results
suggested herein and from the results historically experienced.
Factors that may cause or contribute to such differences and impact
future events include, but are not limited to, Omega Research meeting
its timetable for the anticipated release of its next generation of
products, customer acceptance of such next generation of products,
technical difficulties or errors in such next generation of products,
unfavorable critical reviews of such next generation of products,
Omega Research's ability to market effectively such next generation of
products, and the introduction of competitive products in the market
or increased customer acceptance of recently-introduced competitive
products, as well as those discussed in Omega Research's press
releases and its filings with the Securities and Exchange Commission
including, but not limited to, Omega Research's December 31, 1997
Annual Report on Form 10-K.
CONTACT: Omega Research, Inc., Miami
Salomon Sredni, Vice President of Operations
and Chief Financial Officer
305/485-7000
Visit the Omega Research web site at
www.omegaresearch.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS PRODUCT
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