PRESS RELEASE
Advent Chooses Telemet for its Real-Time Market Data Needs
September 30, 2000.
ALEXANDRIA, VA. Telemet America, Inc. a leading
provider of real-time and historic market data for buy side institutional
investors announced today that Advent Software, Inc. has chosen Telemet for its
real-time market data links and its Alliance Partnership Program.
The Advent Alliance Program identifies 'best of breed'
partners to provide solutions in conjunction with Advent applications.
Telemet is happy to announce that after an extensive search
and evaluation, Advent has chosen Telemet as an Alliance Partner for its real-time market
data needs. With this new allliance will come exciting features and capabilities to
tightly integrate Telemet and Advent applications.
In particular, Advent's portfolio management product (Axys)
and its order management system (Moxy) will be integrated with Telemet products to provide
a seemless connection among order management, portfolio management and real-time and
historic market data.
"Telemet knows that our clients' success depends upon
the availability of complete solutions that include products and services that complement
and extend Telemet's core capabilities and make it easier for clients to do their
work", says Fred Parsons, Telemet's CEO. " We are happy Advent has chosen
Telemet."
Telemet America, Inc. is a real-time and historic market data
vendor providing timely, comprehensive and trustworthy real-time quotes, Dow Jones news,
historic charts and financial research. Telemet America, Inc. is a privately-held firm,
founded in 1979 and based in Alexandria, VA.
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Telemet America Inc.
Phone: 703-548-2042
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