CHICAGO, April 5 /PRNewswire/ -- MarketWatch.com, Inc. (Nasdaq: MKTW), the
Internet's leading source of financial news and information, today announced
the launch of the CBS MarketWatch 75 Index ("MWX"), a capitalization weighted
index composed of common stocks of 75 technology-based companies on the
Philadelphia Stock Exchange. The selected companies make major contributions
to the evolution of the media, telecom, Internet, software, and computer
hardware industries and will trade under the ticker symbol MWX. The index was
announced at Comdex Chicago 2001 by executives of MarketWatch.com, Inc.
"The companies in our index form the basis for what CBS MarketWatch.com
journalists consider the big wave of technological innovation, as well as
serve as an opportunity for investment, said MarketWatch.com Chairman & CEO
Larry Kramer. "Companies will be judged on their representation of all
different aspects of the media, telecom and technology industries and their
success in efficiently bringing new ideas and new products to society."
The price of the index is calculated and disseminated every 15 seconds
throughout the trading day. Companies included on the list are reviewed every
3 months by a committee of senior editors at CBS MarketWatch.com.
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.
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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