
Xignite to distribute Wall Street Horizon event data
San Mateo, CA – September 11, 2007 Xignite, the leading pure-play provider of financial web services for mission-critical corporate applications, today announced a partnership with Wall Street Horizon, a leading provider of earnings event and calendar information to the investment industry, through which Xignite will redistribute Horizon's earnings and events calendar content as part of its street-event driven series on-demand financial web service.
Finance professionals covering global equities and options often time their trading activity with the volatility created in the run-up or in the wake of earnings news. Wall Street Horizon collects event information from more than 5,000 U.S. public companies to publish highly accurate earnings calendars, and is the only company that verifies them by trained analysts. The company enables its clients - including new distributor Xignite and its global customers - to design custom interfaces to display earnings content by date or other filters. Xignite's extensive suite of financial web services integrates easily into any corporate application with flexible subscription options that allow customers to select only the data and components they need.
"Xignite and Wall Street Horizon's common customers are increasingly seeking access to future market-moving information like earnings dates on a timely basis," said Barry L. Star, Managing Director, Wall Street Horizon. "Investment managers, brokers, traders and other market makers need access to accurate earnings information - wherever they are - so they can react in time for the benefit of their investor clientele. Web services represent the most flexible delivery method to reach personal Outlook calendars or mobile devices alike, replacing the need to log in to some centralized, dedicated software application as in the past."
"Wall Street Horizon provides an accurate, timely window into some of the most important Street events affecting investment decisions these days," said Stephane Dubois, chief executive officer of Xignite. "This is the kind of data our corporate customers want to use in brand new ways - mashing it up into innovative web 2.0 applications, collaborating and building business workflows around it. Xignite is pleased to partner with Wall Street Horizon and power more sound investment decisions by more financial professionals based on equity fundamentals and quantitative performance."
Wall Street Horizon Contact:
Joel Brewster
781-994-3500
Joel@WallStreetHorizon.com