newsbytes@clarinet.com (02/04/90)
LOS ANGELES, CALIFORNIA, U.S.A, 1990 JAN 30 (NB) -- The Quotron Systems subsidiary of Citicorp signed an agreement making Equinet Pty Ltd. of Melbourne its exclusive agent to market Quotron's financial information services throughout Australia and New Zealand. Equinet will also provide systems support for Quotron's current customers in Australia. Equinet will deliver Quotron's international market data from 67 exchanges worldwide via Equinet Trader, Equinet's PC-based service that currently delivers financial information on the Australian and New Zealand markets. Equinet will sell the Quotron 1000 to customers who wish a broader range of Quotron services, and will provide service for all Quotron 1000s, including those already installed in Australia. Equinet is a wholly owned subsidiary of McIntosh Hamson Hoare Govett, one of the largest Australian stock brokerage firms. Quotron also announced that in September 1989 it signed a similar agreement with Systex Corp., making Systex the exclusive agent for Quotron's financial information services in Taiwan. Systex will be responsible for localizing Quotron's services by translating selected information into Chinese and integrating the service with Systex's own real-time stock service. (Dana Blankenhorn/19900202/Press Contact: Roxanne Taylor, Quotron, (213) 302-4609)