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Economist & Author Paul Erdman Joins CBS.MarketWatch.com as Columnist

    SAN MATEO, Calif., Jan. 8 /PRNewswire/ -- Noted author and economist Paul
Erdman will explain the workings of the world's volatile financial markets as
an exclusive columnist for CBS.MarketWatch.com, the Internet financial news
and information site announced today.
    A former investment and commercial bank CEO and author of nine novels
dealing with international finance and politics and four non-fiction books,
Erdman has regularly contributed to many publications worldwide, including
The New York Times, Washington Post, London's Financial Times and Tokyo's
Nihon Keizai Shimbun. Erdman has also been the host of "Moneytalk" on San
Francisco's KGO Radio and a commentator on KGO-TV.
    His books include "The Crash of '79," "The Panic of '89," "The Palace,"
"The Swiss Account" and "The Silver Bears," which was made into a movie
starring Michael Caine. In aggregate, his books have appeared for 152 weeks on
the bestseller list of the New York Times. Erdman serves on the board of
advisors of the School of Foreign Service of Georgetown University and the
board of governors of the Commonwealth Club of California.
    "Paul Erdman is a major talent and a wonderful person, and he is the best
in the business at making the complex world of international finance and
markets understandable to almost anyone," said Larry Kramer, CEO of
CBS.MarketWatch.com, who announced the appointment. "His books have been
translated into 32 languages. We couldn't think of anyone more qualified or
articulate to explain the gyrating world economic system to our readers, who
are trying to make the best possible investments during these volatile times.
He speaks a language that everyone seems to understand."
    CBS.MarketWatch.com, jointly owned by CBS (NYSE: CBS) and Data
Broadcasting Corp. (Nasdaq: DBCC), delivers nearly two million pages of
financial news and information every business day to an audience of more than
a quarter million people. It was recently cited by Barrons magazine for having
the best content of all the financial sites on the Internet. Earlier, A book
published by a division of the Financial Times rated the site as the leading
financial web site in the world.
    Erdman's column debuts this coming Tuesday.

    About CBS MarketWatch
    CBS MarketWatch is the premier Internet financial supersite for the
individual investor, business professional and the general public. The new
service is an equal partner joint venture between CBS and Data Broadcasting
Corporation. It delivers business news and real-time financial information and
analysis. CBS MarketWatch is located at http://cbs.marketwatch.com.


SOURCE Data Broadcasting Corp.




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