Pink Sheets LLC and Bloomberg L.P. Announce Real-Time Quotes for OTC Stocks

Bloomberg Professional(TM) Service First to Offer Real-Time Pink Sheets Quotes



Apr 23, 2001, 01:00 ET from Pink Sheets LLC

    NEW YORK, April 23 /PRNewswire Interactive News Release/ -- Pink Sheets
 LLC and Bloomberg L.P. announced the availability of real-time Pink Sheets
 quote information on the Bloomberg Professional (TM) service. Bloomberg is now
 the first market data distributor to offer their clients access to real-time
 price quotes in almost 3,000 Pink Sheets quoted securities, ranging from small
 emerging growth companies to the ADRs of large foreign companies.
     Pink Sheets LLC, formerly the National Quotation Bureau, is the leading
 provider of pricing and financial information for over-the-counter (OTC)
 securities markets. Bloomberg Professional service users now have the option
 of accessing either Pink Sheets Level One or Pink Sheets Level Two real-time
 quote information.
     Pink Sheets Level One Service offers inside quotes, best bid and best ask,
 as well as prices, size and update time. The Pink Sheets Level Two Service
 offers a full montage of all market maker quotes, including market maker ID,
 prices, sizes and update time, as well as the inside quotes.
 
     CONTINUING TO IMPROVE OTC MARKETS
     "We are very excited to announce that Bloomberg subscribers will now have
 the option to access real-time quotes for pink sheets-quoted stocks. Pink
 Sheets Electronic Quotation Service has enhanced the price transparency and
 liquidity of OTC markets," said R. Cromwell Coulson, Chairman and CEO of Pink
 Sheets LLC. "Our real-time quote information allows traders to truly see what
 is happening in these fast moving markets.  With increasing numbers of
 companies quoted in the Pink Sheets, we are delighted that Bloomberg clients
 can now access this important information."
     "We are very pleased that Bloomberg is the first market data distributor
 to offer real-time Pink Sheets quotes to our clients," said Scott Clopton,
 head of Third Party Contributions. "Bloomberg has always been at the forefront
 of providing innovative financial information, and we continue that tradition
 by helping investors navigate the world of OTC equity issues. Integrated with
 the powerful news and analytics of the Bloomberg Professional system, Pink
 Sheets quotes and financial data will increase the information we provide our
 users."
     There are over 4,100 stocks quoted exclusively in the Pink Sheets. Of
 those, almost 3,000 have firm market maker prices. Although many associate
 Pink Sheets quoted companies with small domestic and foreign OTC companies, or
 economically distressed issuers such as eToys (ETYSQ), Iridium World
 Communications (IRIDQ), or Lernout & Hauspie Speech Products (LHSPQ), many
 major American Depositary Receipts (ADR's) of large international corporations
 are quoted on the Pink Sheets. Examples include food giant Nestle (NSRGY),
 drug maker Roche (RHHBY), auto maker Vokswagen (VLKAY), brewery Heineken
 (HINKY), property company Cheung Kong (CHEUY), oil giant Lukoil (LUKOY),
 retailer Wal-Mart De Mexico (WMMXY) and the gaming industry's Sega (SEGNY) and
 Nintendo (NTDOY). Hundreds of these ADR's are included in Bloomberg's new
 real-time Pink Sheets quotes.
 
     About Pink Sheets LLC
     Pink Sheets(R) LLC is the leading provider of pricing and financial
 information for the over-the-counter (OTC) securities markets.  The original
 "pink sheets" date back to 1913, when they were published on pink paper by the
 National Quotation Bureau, a precursor of Pink Sheets, LLC.  In September of
 1999, Pink Sheets introduced its Electronic Quotation Service, an
 Internet-based, real-time quotation service for OTC equities and bonds. Its
 centralized information network collects firm, priced quotations from hundreds
 of different market makers in over 4,100 OTC Securities and provides them to
 market data distributors in real-time.  Pink Sheets information enhances the
 efficiency of OTC trading, provides better executions for OTC investors and
 improves the capital formation process for OTC issuers. Pink Sheets is neither
 a Securities and Exchange Commission (SEC) Registered Stock Exchange nor a
 NASD Broker/Dealer. Investors must contact a NASD Broker/Dealer to trade in a
 security quoted on the Pink Sheets. Pink Sheets LLC is a privately owned
 company headquartered in New York City.
     For additional information, please contact Pink Sheets Customer Service,
 at 212-868-7100 or by e-mail: info@pinksheets.com.
 
     About Bloomberg
     Bloomberg, founded in 1981, is a global multi-media based distributor of
 information services, combining news, data and analysis for financial markets
 and businesses. Bloomberg provides real-time pricing, historical pricing,
 indicative data, analytics and electronic communications 24 hours a day,
 through over 156,000 Bloomberg systems used by over 250,000 financial
 professionals in 100 countries worldwide. Electronic trading products include:
 Bloomberg Tradebook (R), Bloomberg Powermatch (TM) and Bloomberg
 Bondtrader (R).
      For additional information, please contact Chris Taylor, Bloomberg Public
 Relations, taylorc@bloomberg.net.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X35257880
 
 

SOURCE Pink Sheets LLC
    NEW YORK, April 23 /PRNewswire Interactive News Release/ -- Pink Sheets
 LLC and Bloomberg L.P. announced the availability of real-time Pink Sheets
 quote information on the Bloomberg Professional (TM) service. Bloomberg is now
 the first market data distributor to offer their clients access to real-time
 price quotes in almost 3,000 Pink Sheets quoted securities, ranging from small
 emerging growth companies to the ADRs of large foreign companies.
     Pink Sheets LLC, formerly the National Quotation Bureau, is the leading
 provider of pricing and financial information for over-the-counter (OTC)
 securities markets. Bloomberg Professional service users now have the option
 of accessing either Pink Sheets Level One or Pink Sheets Level Two real-time
 quote information.
     Pink Sheets Level One Service offers inside quotes, best bid and best ask,
 as well as prices, size and update time. The Pink Sheets Level Two Service
 offers a full montage of all market maker quotes, including market maker ID,
 prices, sizes and update time, as well as the inside quotes.
 
     CONTINUING TO IMPROVE OTC MARKETS
     "We are very excited to announce that Bloomberg subscribers will now have
 the option to access real-time quotes for pink sheets-quoted stocks. Pink
 Sheets Electronic Quotation Service has enhanced the price transparency and
 liquidity of OTC markets," said R. Cromwell Coulson, Chairman and CEO of Pink
 Sheets LLC. "Our real-time quote information allows traders to truly see what
 is happening in these fast moving markets.  With increasing numbers of
 companies quoted in the Pink Sheets, we are delighted that Bloomberg clients
 can now access this important information."
     "We are very pleased that Bloomberg is the first market data distributor
 to offer real-time Pink Sheets quotes to our clients," said Scott Clopton,
 head of Third Party Contributions. "Bloomberg has always been at the forefront
 of providing innovative financial information, and we continue that tradition
 by helping investors navigate the world of OTC equity issues. Integrated with
 the powerful news and analytics of the Bloomberg Professional system, Pink
 Sheets quotes and financial data will increase the information we provide our
 users."
     There are over 4,100 stocks quoted exclusively in the Pink Sheets. Of
 those, almost 3,000 have firm market maker prices. Although many associate
 Pink Sheets quoted companies with small domestic and foreign OTC companies, or
 economically distressed issuers such as eToys (ETYSQ), Iridium World
 Communications (IRIDQ), or Lernout & Hauspie Speech Products (LHSPQ), many
 major American Depositary Receipts (ADR's) of large international corporations
 are quoted on the Pink Sheets. Examples include food giant Nestle (NSRGY),
 drug maker Roche (RHHBY), auto maker Vokswagen (VLKAY), brewery Heineken
 (HINKY), property company Cheung Kong (CHEUY), oil giant Lukoil (LUKOY),
 retailer Wal-Mart De Mexico (WMMXY) and the gaming industry's Sega (SEGNY) and
 Nintendo (NTDOY). Hundreds of these ADR's are included in Bloomberg's new
 real-time Pink Sheets quotes.
 
     About Pink Sheets LLC
     Pink Sheets(R) LLC is the leading provider of pricing and financial
 information for the over-the-counter (OTC) securities markets.  The original
 "pink sheets" date back to 1913, when they were published on pink paper by the
 National Quotation Bureau, a precursor of Pink Sheets, LLC.  In September of
 1999, Pink Sheets introduced its Electronic Quotation Service, an
 Internet-based, real-time quotation service for OTC equities and bonds. Its
 centralized information network collects firm, priced quotations from hundreds
 of different market makers in over 4,100 OTC Securities and provides them to
 market data distributors in real-time.  Pink Sheets information enhances the
 efficiency of OTC trading, provides better executions for OTC investors and
 improves the capital formation process for OTC issuers. Pink Sheets is neither
 a Securities and Exchange Commission (SEC) Registered Stock Exchange nor a
 NASD Broker/Dealer. Investors must contact a NASD Broker/Dealer to trade in a
 security quoted on the Pink Sheets. Pink Sheets LLC is a privately owned
 company headquartered in New York City.
     For additional information, please contact Pink Sheets Customer Service,
 at 212-868-7100 or by e-mail: info@pinksheets.com.
 
     About Bloomberg
     Bloomberg, founded in 1981, is a global multi-media based distributor of
 information services, combining news, data and analysis for financial markets
 and businesses. Bloomberg provides real-time pricing, historical pricing,
 indicative data, analytics and electronic communications 24 hours a day,
 through over 156,000 Bloomberg systems used by over 250,000 financial
 professionals in 100 countries worldwide. Electronic trading products include:
 Bloomberg Tradebook (R), Bloomberg Powermatch (TM) and Bloomberg
 Bondtrader (R).
      For additional information, please contact Chris Taylor, Bloomberg Public
 Relations, taylorc@bloomberg.net.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X35257880
 
 SOURCE  Pink Sheets LLC