Newstex to Distribute Reed Business Information Publications Via Content On Demand
10 May 2005
Newstex, the Content On Demand(TM) company, announced today that it will distribute online nearly 100 market-leading publications from Reed Business Information (RBI), North America's largest business-to-business information provider. The agreement provides for online delivery of RBI trade publications, covering the construction, retail, hospitality, publishing and other sectors, to select customers in North America, Japan and worldwide via Newstex's innovative Content On Demand offering. RBI's branded publications include Publishers Weekly, Electronic Business, Restaurants & Institutions, Building Design & Construction, Wireless Week, TWICE, Furniture Today, and many others.
Content On Demand from Newstex offers Reed Business Information a highly effective alternative to direct content sales. By deploying its content via Newstex's tailored newsfeeds on a subscription basis, RBI leverages Newstex's advanced infrastructure--with its value-added features and rapid implementation capability--all without upfront investment.
"Business, government and professional users know that the best information is a combination of terrific content, delivered when and where required, and overlaid with comprehensive value-added data to make powerful searching and analysis a snap," said Jason Cassidy, Vice President, Corporate Strategy, Development & Licensing for Reed Business Information. "Delivering our leading publications via Newstex's Content On Demand--with its unique people and company tickering processes--elevates our premium brands to the next stage of value and helps RBI reach markets not served directly today."
As with thousands of other news stories flowing through its system daily, Newstex uses its proprietary NewsRouter(TM) technology to scan each RBI publication in real-time. This process automatically tags each story with key company names and tickers, notable executives and government officials, as well as categorizes each story across multiple topics using a high-precision, relevance-based processing engine. Newstex's downstream redistributors and enterprise users that subscribe to RBI via Content On Demand then employ this rich store of value-added data to instantly process their inbound content.
Newstex's proprietary PeopleTickering(TM) system synthesizes metadata from numerous premium sources to create a unique database of people who are making news. Notable people appearing in real-time news stories are automatically tagged by the PeopleTicker engine, in a process similar to assigning stock ticker symbols to companies. Using tailored newsfeeds from its Content On Demand offering, Newstex's downstream customers can quickly and easily build powerful search and visualization tools.
"Reed Business Information offers essential 'must-have' information for professionals across a wide range of industries and disciplines," said Larry Schwartz, Newstex's President. "Through efficient, value-added distribution of its leading trade publications via Newstex Content On Demand, we're working together with RBI to instantly provide the professionals with the content they need and in the online form they prefer. Our customers will benefit greatly with Reed Business Information as Newstex's new and powerful partner."
Newstex distributes its Content On Demand services through a variety of channel partners, including aggregators and distributors. In the Japan information market, Prime Intelligence KK, a Tokyo-based information services company, serves as Newstex's partner to distribute Newstex newsfeeds in the technology, manufacturing, pharmaceutical and government sectors.
About Reed Business Information
Reed Business Information - www.reedbusiness.com - the largest business-to-business publisher in the U.S., offers business professionals in the media, manufacturing, electronics, construction and retail industries more than 100 market-leading business-to-business publications, 75 Webzines and Web portals, custom publishing, directories, research and direct-marketing lists. RBI is a member of the Reed Elsevier Group plc (NYSE: RUK - News and ENL - News) -- a world-leading publisher and information provider operating in the science and medical, legal, education and business-to-business industry sectors.
About Newstex
Newstex offers Content On Demand, including tailored, real-time news and commentary from thousands of branded newswires, newspapers, magazines, financial and business sources, official government feeds and weblogs. Newstex collects full-text digital news and commentary feeds, standardizes the content format, adds stock ticker symbols, people tickers and categories, and instantly delivers the result as easy-to-integrate XML or RSS newsfeeds.
Content On Demand from Newstex is the fastest way for content distributors and enterprise customers to cost-effectively integrate full-text premium newsfeeds at reduced cost, minimum risk and optimum ROI. www.newstex.com
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Contact:
Freshspot Marketing for Newstex
David M. Scott, 617-513-9548
david@freshspot.com
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Source: Newstex
Source: Business Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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