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Topic: (NASDAQ:OMGA) , (NASDAQ:DBCC) Data Broadcasting, (NASDAQ:DTLN) Data
Transmission Ntwk, (AMEX:PQT) Hyperfeed Tech Inc, (NASDAQ:EGRP) E Trade Group,
Headline: Omega Research Announces Price Increases For Upgrades To
2000i Line of
Products
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MIAMI--(BUSINESS WIRE)--Sept. 23, 1999--Omega Research, Inc.
(NASDAQ:OMGA) will, effective October 1, 1999, be increasing the
price of upgrades to TradeStation 2000i and OptionStation 2000i.
The new upgrade prices have been delivered to the Company's
existing customer base by e-mail. Any customer who has not received
the e-mail should contact the Company at 1-800-422-8587 to obtain the
new upgrade pricing.
The Company's former upgrade pricing had been advertised as being
available for a limited time in order to provide price incentives to
early adopters of the 2000i line. October 1 marks a date more than
seven months following the February 1999 official release of the 2000i
line, and, with the anticipated release later this month of the
Company's third service package update, the Company believed it
appropriate to put the new upgrade pricing into effect.
The price of an upgrade from TradeStation (real-time) 4 to
TradeStation 2000i, and from OptionStation (real time) 1.2 to
OptionStation 2000i, is being increased from $499.95 to $699.95. Other
prices may apply depending upon the date the prior version was
purchased. There are also upgrade prices and credits available for
purchasers who own other of the Company's investment software
products.
Omega Research's 2000i line of software products is 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);
Hyperfeed Technologies, Inc.'s (formerly PC Quote, Inc.) (AMEX:PQT)
Hyperfeed(TM) (Internet and Broadcast), and FutureSource Information
Systems, Inc.'s MDS network and stand-alone datafeeds. The products
also enable the user to access through the Internet, with a click of
the mouse, the online brokerage services of E*TRADE (NASDAQ:EGRP) and
Wall Street Access.
Founded in 1982, and headquartered in Miami, Florida, Omega
Research, Inc. is a leading provider of real-time investment analysis
software for the Windows operating system. With the 1991 release of
its flagship product, TradeStation(R), 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(R), RadarScreen(TM), Omega
Research ProSuite(TM) and SuperCharts(R). The current shipping
versions of such products are TradeStation 2000i, OptionStation 2000i,
RadarScreen 2000i, Omega Research ProSuite 2000i and SuperCharts 4.
NOTE TO EDITORS: In the company name noted in this news
release, there is an "asterisk" symbol between "E" and "TRADE." This
symbol may not appear properly in some systems.
CONTACT: Omega Research, Inc., Miami
Gregg F. Stewart, 305/485-7000
Chief Financial Officer, Vice President of Finance and
Treasurer
Web site: www.omegaresearch.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT
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