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FirstQuote and RTS NetWorks Partner to Offer New Wireless WAP Investor Service
Posted: 13-Dec-1999 [Source: PRNewswire]

[FirstQuote and RTS NetWorks to launch the Wireless Investor -- a WAP based financial service. ]

LONDON -- FirstQuote, (OTC Bulletin Board: FSQT) a Europe-based financial market data and STP specialist, and RTS NetWorks, a London-based Wireless Application Technology (WAP) expert, have concluded a joint marketing agreement to launch the Wireless Investor -- a pioneer service offering quotes, market summaries, top market movers, news, and charts as well as alerts and browser options including the ability to enter trades from digital phones and other wireless terminals. The service, being launched now, will allow mobile telecom operators to distribute this strategic value-added service to their fast-growing user groups.

Oskari Lehtonen, partner responsible for the RTS financial solutions unit, comments, "The use of wireless solutions in enhancing communication and business processes in companies is one of the most exciting emerging business areas for RTS NetWorks. Using the new generation of WAP phones, it is possible for mobile phone subscribers to retrieve information from the Web and act upon it. As one of the leading experts of WAP in the UK, RTS NetWorks provide the WAP Gateway to make the service possible."

WAP is designed to enable Internet content and advanced telephony services to be accessed on mobile phones, pagers, personal digital assistants and other wireless mediums. WAP Forum, of which RTS NetWorks is an associate member, endorses handset manufacturers representing 90% of the world market or 200 million GSM phone users worldwide with expected growth to a half billion WAP enabled devices by 2001.

RTS NetWorks and FirstQuote have carried out extensive research to develop the Wireless Investor WAP application as an additional means of distribution of its financial data and Internet brokerage solutions.

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