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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

Re Contract

25/02/2004 8:00am

UK Regulatory


RNS Number:7825V
Market Age PLC
25 February 2004


Re. Bloomberg adds Pronet's real-time FX research


Further to its announcement on 9 February, The Market Age plc ("the Company")
announces that contracts have now been signed for its Pronet services to be made
available and distributed on the Bloomberg Professional platform.  This contract
is the second major event for the Company this month following the announcement
on 5 February of an agreement to provide its services to a major globalFX bank,
which will by itself more than double turnover in 2004-5 compared to results
published in early January.


Foreign Exchange, which is Pronet's core competence, has become a key target
growth area for Bloomberg, which has recently partnered with EBS Dealing
Resources International Limited in order to provide an enhanced spot interbank
dealing facility for its users.


Group CEO Shane Smith commented: "We are delighted to gain the additional
exposure that delivery via Bloomberg is expected to provide.  Our collaboration
with Bloomberg comes at a time when foreign exchange, which is the core market
on which we provide intelligence, has also become a strategic focus for
Bloomberg.  Whilst the projected take-up of the service through Bloomberg is
hard to quantify, we are confident that the combination of this fortunate
timing, together with the strong reputation of Bloomberg's sales staff, will
leverage our sales efforts substantially.  At the same time, the costs of
technical implementation are extremely contained".


Bloomberg has approximately 270,000 users around the world in all major
institutional dealing rooms, which is the core target market for Pronet.  There
are approximately 1,000 Bloomberg sales staff.


Contacts:  Shane Smith, CEO:  +44 20 7232 3090;  Cell: 07785 276 703


Notes to editors:
The Market Age was admitted to the Alternative Investment Market in 2000.
Pronet Analytics.com  (PAL) is a financial application service provider ("ASP")
which delivers proprietary content for 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 coreprofessional/institutional market.  The firm has been
ranked in the global top-five independent firms for FX research in 2001, 2002
and 2003.  In December 2003 The Market Age announced a change of name to
Independent Investment Research plc, in preparation for coverage of a wider
market including US equities




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

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