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MoneyAM Launched - Financial Web Site for Shares Magazine


IMPERIAL SOFTWARE TECHNOLOGY CREATES MONEYAM FINANCIAL SERVICE FOR LONDON'S "SHARES" MAGAZINE

IST's DeltaStream® Powers new Real-time Subscription Service for Traders and Investors working in the London Markets

London, January 30, 2003 - Imperial Software Technology today announced that it constructed the recently launched MoneyAM site (www.moneyam.com) for the London-based financial weekly, Shares magazine. Now traders and investors have a valuable new resource to supply them with real-time stock prices, indices and news feeds from Europe's financial heart in the City of London. IST's DeltaStream® technology is in use throughout the new site, streaming live prices, charts, news, fundamental data and other vital information needed by those trading and investing in the London markets. DeltaStream also provides Java-based bulletin board services for the exchange of news, views, analysis, charts and other information between financial specialists.

IST's DeltaStream technology is among the most advanced of its type. DeltaStream is the result of a three-year investment by IST, covering the development of a new generation of real-time streaming software, wireless technology, web applications, Java applications and applets, user interface development and Java-based bulletin board software.

Niall Sweeney, Managing Director of MSM Magazines (publishers of Shares magazine) and Chairman of MoneyAM, said "MoneyAM chose IST as its technology partner because it was able to provide the advanced DeltaStream solution which has been field-proven. IST also enjoys an excellent reputation for the quality of its software engineering and its customer support. We are delighted with the outcome and the successful launch of the new MoneyAM.com service".

Derek Lambert, CEO of IST, said "We are delighted to see our investment in DeltaStream delivering for MoneyAM's demanding customer base. MoneyAM is a flagship implementation for IST's DeltaStream. The immediate popularity of this new web service for investors and traders has headlined IST's thrust into the financial markets with DeltaStream, now the most advanced technology available for web-based and wireless trading platforms".

For more details see the MoneyAM Customer Story.

About Imperial Software Technology

Imperial Software Technology (IST) is a world leader in software engineering technology. IST's DeltaStream is the latest development in delivering real-time financial information and services across the web and to wireless devices. IST is also the market leader in tools used to construct graphical user interfaces for application software running on high-performance workstations such as those manufactured by Sun, SGI, Hewlett-Packard, IBM, Compaq and others. Founded in 1982 as a spinout from Imperial College of Science, Technology and Medicine, the company is privately held and is based in Palo Alto, California and Reading, United Kingdom.

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