Courses to Be Offered Through CBS.MarketWatch.com and Learningnetwork.com
CHICAGO, April 5 /PRNewswire/ -- MarketWatch.com, Inc. (Nasdaq: MKTW), the
Internet's leading source of financial news and information, announced today
that it will create and offer interactive, online personal finance courses in
partnership with Learning Network, the Internet's premier consumer-education
source. The courses will be offered to paying subscribers through the
company's web site, CBS MarketWatch.com, as well as through
learningnetwork.com. Executives of MarketWatch.com made the announcement at
Comdex Chicago 2001.
"The MarketWatch.com and Learning Network courses will provide online
students with a foundation of knowledge that will enable them to better
understand and utilize the news and tools they find each day on CBS
MarketWatch.com," said MarketWatch.com Chairman & CEO Larry Kramer.
"MarketWatch.com's personal finance experts and Learning Network's expertise
in providing learning programs make a formidable combination. This will truly
be an 'A plus' offering."
"Our partnership with Learning Network brings us into the growing online
education market," said Bill Bishop, MarketWatch.com Executive Vice President
of Business Development. "We believe that these courses will not only further
build our audience, it will also provide MarketWatch.com with an important new
revenue stream, one with exciting potential for growth."
The MarketWatch.com and Learning Network courses will serve as the
cornerstone for individual learners who wish to enhance their financial
security by learning about investment basics, mortgages, online brokers, or
retirement planning. The courses will also feature contributions from noted
MarketWatch.com personal finance experts.
"Since its inception, Learning Network's mission has been to create a
network of the world's best learning and information resources, personalized
to help consumers of all ages take control of their learning and make it part
of their everyday lives," said Phil Hoffman, chief executive officer, Learning
Network. "By integrating MarketWatch.com resources with our own personal
finance offerings, we're creating an online learning environment that keeps
users abreast of today's ever-changing financial landscape."
About Learning Network
Learning Network, the Internet's premier consumer-education source, offers
an unmatched array of online educational tools, content, resources, and
communities currently serving the K-12, Professional Development, Lifelong
Learning, and Reference markets. Offerings for the College market will roll
out later in 2001. Each of the five vertically integrated networks is
supported by the Learning Network Store, which hosts both online and offline
education products related to Learning Network services. Learning Network is
built on a strong foundation of assets from international media company
Pearson plc, as well as educational properties from leading technology
companies. Learning Network has business offices in San Francisco, New York
City, Boston, Chicago, and Paramus, NJ. For more information call
888-816-1999, or visit http://www.learningnetwork.com on the Internet and America
Online Keyword: Learning Network.
About MarketWatch.com, Inc.
MarketWatch.com, Inc., a leading financial media company, is the number
one financial news and information source on the Internet. Founded in 1997,
MarketWatch.com operates three web sites: cbs.marketwatch.com, bigcharts.com,
and U.K.-based ftmarketwatch.com. In addition to offering top-notch financial
reporting and investment tools on its web sites, MarketWatch.com licenses a
wide array of content and tools in custom-designed formats for major
brokerages and Internet sites. The Company also produces the syndicated CBS
MarketWatch Weekend program, airs financial reports over CBS Network
Television, and provides hourly updates on the MarketWatch.com Radio Network.
Editorial content from cbs.marketwatch.com is now published in newspapers in
two top U.S. markets and over major wireless networks.
Notice Regarding Forward-Looking Statements
This media release contains forward-looking statements that involve risks
and uncertainties. MarketWatch.com's actual results may differ materially
from those anticipated in these forward-looking statements, which include
statements as to the Company's expectation of online education courses
increasing the Company's audience and providing a new revenue stream with
potential for growth. Factors that might contribute to such differences
include, among others, whether the Company will successfully launch its online
learning network; if launched, whether the education network will be accepted
by the Company's audience and help build its audience; and the Company's
ability to derive revenues from this education business. More information
about these and other potential factors, which could affect the Company's
business and financial results, is indicated in the Company's Annual Report on
Form 10-K for the year ended December 31, 2000, as well as the other reports
it files with the Securities Exchange Commission. These forward-looking
statements are based on information available to the Company on the date
hereof. MarketWatch.com, Inc. assumes no obligation to publicize the results
of any potential revision of these forward-looking statements.
SOURCE MarketWatch.com, Inc.
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Related links:
http://cbs.marketwatch.com
CONTACT:
Dan Silmore of MarketWatch.com, Inc.,
415-733-0582, or dsilmore@marketwatch.com; or Elizabeth Ames of
BOLDE Communications, 212-727-1680, or eames@boldepr.com, for
MarketWatch.com, Inc.
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