Multex.com Selected by Reuters to be Primary Provider of Global Estimates

Multi-Million Dollar, Multi-Year Agreement Highlights the Success of the

Acquisition of Global Estimates Business



Apr 19, 2001, 01:00 ET from Multex.com, Inc.

    NEW YORK, April 19 /PRNewswire/ -- Multex.com, Inc. (Nasdaq: MLTX), a
 global provider of investment information and technology solutions to the
 financial services industry, today announced a multi-million dollar,
 multi-year agreement with Reuters (RTR.L), the global information, news and
 technology group.  Multex.com will be the primary provider of detailed and
 consensus global estimates for Reuters' real-time products including 3000
 Xtra, its premium desktop information service.
     -- The Multex estimates data will be delivered to Reuters by an XML-based
        API solution developed by Multex and will allow Reuters to simply and
        easily integrate Multex's forecast information into a range of Reuters'
        products.
     -- Multex will provide Reuters with a broad range of forecasted values,
        including forecasted revenues, profit, earnings, dividends, target
        prices, long-term growth rates as well as recommendations.
     -- Reuters anticipates Multex's global forecast data will be available for
        use in Reuters' products during the third quarter of 2001.
 
     In December 2000, Multex acquired the Global Estimates division of BARRA
 Inc., and combined the business with its real-time North American estimate
 service to create a truly global offering.  Since the acquisition, Multex has:
     -- Fully integrated the global and North American products to provide a
        single, seamless product accessible through a simple XML API.
     -- Enhanced the global product by publishing daily updates of the global
        estimates.
     -- Improved the quality and timeliness of the product by processing daily
        morning notes for the most up-to-date information.
     -- Started processing non-US earnings releases to collect actual values
        that are consistent with the forecast methodology.
     -- Future plans for the global product include moving to real-time
        updates, as is done for the North American estimates product, as well
        as integrating global estimates product into the MultexNET offering.
 
     Isaak Karaev, Chairman and Chief Executive Officer, Multex.com, said,
 "Reuters is renowned throughout the world for its ability to deliver
 outstanding quality and depth of financial news and data.  We are pleased to
 have been chosen as Reuters' primary provider of global estimates. This
 agreement demonstrates our ability to leverage our technology and our content
 to create high quality products for our clients. Furthermore, it validates our
 confidence in the quality of Multex data and reaffirms the basis for our
 acquisition of the estimates business from BARRA. We are committed to
 providing the industry with an alternative to our competitors' products and
 are delighted with the dedication and successful efforts of our people in the
 estimates business."
     Herbie Skeete, Director, Reuters Equities, Commodities and Energy Content,
 stated, "We are pleased to expand upon our existing relationship with
 Multex.com.  The decision to go with Multex was based on a number of factors
 including breadth and accuracy of data, both of which are of paramount
 importance to our clients.  In addition, Multex's responsiveness and
 cutting-edge technology made this decision an easy one."
 
     About Multex.com, Inc.
     Multex.com, Inc. (http://www.multex.com) is a global provider of
 investment information and technology solutions to the financial services
 industry. Headquartered in New York, the company also has offices in London,
 San Francisco, Edinburgh and Hong Kong.
 
     The Multex.com brands include:
     -- MultexNET(R) -- research, morning notes, earnings estimates and stock
        screening application for professional investors;
     -- MultexEXPRESS(R) -- customized solutions for professional users on the
        buy-side and sell-side, including BuzzPower collaboration and messaging
        platform;
     -- Market Guide -- high quality, as reported, fundamental and descriptive
        information on publicly traded companies, including business
        description, income statements, balance sheets, significant
        developments and other information critical to the investment decision-
        making process; and
     -- Multex Investor Properties -- (http://www.multexinvestor.com,
        http://www.marketguide.com, http://www.sageonline.com) provides
        qualified retail and high net worth individual leads for our brokerage,
        banking and institutional clients.
 
     This press release includes forward-looking statements that are based on
 our current expectations and projections about future events. These
 forward-looking statements are subject to a number of risks, uncertainties and
 assumptions about Multex.com that could cause actual results to differ
 materially from those in such forward-looking statements. Reported results
 should not be considered an indication of future performance. Such risks and
 uncertainties are described in the periodic reports Multex files with the
 Securities and Exchange Commission. Multex undertakes no obligation to update
 any forward-looking statements contained in this press release.
 
 

SOURCE Multex.com, Inc.
    NEW YORK, April 19 /PRNewswire/ -- Multex.com, Inc. (Nasdaq: MLTX), a
 global provider of investment information and technology solutions to the
 financial services industry, today announced a multi-million dollar,
 multi-year agreement with Reuters (RTR.L), the global information, news and
 technology group.  Multex.com will be the primary provider of detailed and
 consensus global estimates for Reuters' real-time products including 3000
 Xtra, its premium desktop information service.
     -- The Multex estimates data will be delivered to Reuters by an XML-based
        API solution developed by Multex and will allow Reuters to simply and
        easily integrate Multex's forecast information into a range of Reuters'
        products.
     -- Multex will provide Reuters with a broad range of forecasted values,
        including forecasted revenues, profit, earnings, dividends, target
        prices, long-term growth rates as well as recommendations.
     -- Reuters anticipates Multex's global forecast data will be available for
        use in Reuters' products during the third quarter of 2001.
 
     In December 2000, Multex acquired the Global Estimates division of BARRA
 Inc., and combined the business with its real-time North American estimate
 service to create a truly global offering.  Since the acquisition, Multex has:
     -- Fully integrated the global and North American products to provide a
        single, seamless product accessible through a simple XML API.
     -- Enhanced the global product by publishing daily updates of the global
        estimates.
     -- Improved the quality and timeliness of the product by processing daily
        morning notes for the most up-to-date information.
     -- Started processing non-US earnings releases to collect actual values
        that are consistent with the forecast methodology.
     -- Future plans for the global product include moving to real-time
        updates, as is done for the North American estimates product, as well
        as integrating global estimates product into the MultexNET offering.
 
     Isaak Karaev, Chairman and Chief Executive Officer, Multex.com, said,
 "Reuters is renowned throughout the world for its ability to deliver
 outstanding quality and depth of financial news and data.  We are pleased to
 have been chosen as Reuters' primary provider of global estimates. This
 agreement demonstrates our ability to leverage our technology and our content
 to create high quality products for our clients. Furthermore, it validates our
 confidence in the quality of Multex data and reaffirms the basis for our
 acquisition of the estimates business from BARRA. We are committed to
 providing the industry with an alternative to our competitors' products and
 are delighted with the dedication and successful efforts of our people in the
 estimates business."
     Herbie Skeete, Director, Reuters Equities, Commodities and Energy Content,
 stated, "We are pleased to expand upon our existing relationship with
 Multex.com.  The decision to go with Multex was based on a number of factors
 including breadth and accuracy of data, both of which are of paramount
 importance to our clients.  In addition, Multex's responsiveness and
 cutting-edge technology made this decision an easy one."
 
     About Multex.com, Inc.
     Multex.com, Inc. (http://www.multex.com) is a global provider of
 investment information and technology solutions to the financial services
 industry. Headquartered in New York, the company also has offices in London,
 San Francisco, Edinburgh and Hong Kong.
 
     The Multex.com brands include:
     -- MultexNET(R) -- research, morning notes, earnings estimates and stock
        screening application for professional investors;
     -- MultexEXPRESS(R) -- customized solutions for professional users on the
        buy-side and sell-side, including BuzzPower collaboration and messaging
        platform;
     -- Market Guide -- high quality, as reported, fundamental and descriptive
        information on publicly traded companies, including business
        description, income statements, balance sheets, significant
        developments and other information critical to the investment decision-
        making process; and
     -- Multex Investor Properties -- (http://www.multexinvestor.com,
        http://www.marketguide.com, http://www.sageonline.com) provides
        qualified retail and high net worth individual leads for our brokerage,
        banking and institutional clients.
 
     This press release includes forward-looking statements that are based on
 our current expectations and projections about future events. These
 forward-looking statements are subject to a number of risks, uncertainties and
 assumptions about Multex.com that could cause actual results to differ
 materially from those in such forward-looking statements. Reported results
 should not be considered an indication of future performance. Such risks and
 uncertainties are described in the periodic reports Multex files with the
 Securities and Exchange Commission. Multex undertakes no obligation to update
 any forward-looking statements contained in this press release.
 
 SOURCE  Multex.com, Inc.