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TMA The Market Age

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Share Name Share Symbol Market Type Share ISIN Share Description
The Market Age LSE:TMA London Ordinary Share GB0009256867 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Product Launch / Name Change

27/05/2004 8:00am

UK Regulatory


RNS Number:1258Z
Market Age PLC
27 May 2004


Re: Product launch and name change


Launch of equities research and re-branding of Group as Independent
International Investment Research PLC


In its 2003 Report and Accounts, the Group signalled its intention to change its
name to better reflect its core activities.

At an EGM held on 26 May, a resolution was passed to change the name to
Independent International Investment Research PLC.  Accordingly, this will take
effect on confirmation from Companies House.  At the same time, the ticker for
the company will change to IIR, and the Group will launch its new website at
www.iirgroup.com

The Group expects the name, in common usage, will be abbreviated to "Independent
II Research".

Further, the name of the Group's majority-owned subsidiary which was established
in 2002 to address research into global equities, has changed from WTV (Media)
Limited to Independent Financial Markets Research Limited.

Group chief executive Shane Smith comments:  "The appetite for independent
research in all asset classes is growing apace, but particularly for equity
research and particularly in the US.  We have been providing foreign exchange
research since 2001, and we have been working on the equities product since
2002.  Last year, the Global Research Analyst Settlement in the US, worth more
than $430m over five years, gave the independent research market a very
substantial boost and we have been working with key figures involved in the
Settlement to refine our offering so that it closely meets the requirements of
the investment banking community.  Our new branding conveys to our target market
the message about what we do, in the most effective language possible".



-Ends-



For further information please contact:

Shane Smith, CEO Pronet      +44 7785 276 703    shane.smith@pronetanalytics.com
Analytics.com Ltd.




Notes to editors:

The Market Age was admitted to the Alternative Investment Market in 2000.
Pronet Analytics.com (PAL), a wholly owned subsidiary, is a financial
application service provider ("ASP") which delivers proprietary independent
research in real time with visual and intuitive analysis of global markets for
the professional/institutional market.  The Pronet Service provides a simple
framework to compare and evaluate spot FX as well as interest rate and other
exchange-traded derivatives. Since gaining FSA-regulated status and SEC
Registration in April 2001, PAL has extended its service offering to Investment
Advice, analysis and strategies to the hedge fund, corporate and retail markets,
in addition to its core professional/institutional market.  The firm has been
ranked in the global top-five independent firms for FX research in 2001, 2002
and 2003.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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