Standard & Poor's Chooses Octopus to Offer Personalized Delivery of Financial Information for Investment Advisors

More Flexible, Easily Personalized Version of S&P's Advisor Insight to Be

Offered to Over 80,000 Financial Advisors in the U.S.



Apr 30, 2001, 01:00 ET from Octopus, Inc.

    NEW YORK and PALO ALTO, Calif., April 30 /PRNewswire/ --
 Standard & Poor's, a leading provider of financial data and investment
 analysis, and Octopus, the pioneer of Meta Applications -- a revolutionary new
 solution for accessing and sharing information in extended enterprise
 environments -- today announced an alliance to radically reshape the way
 investment professionals interact with decision-driving financial information.
 Standard & Poor's will incorporate the Octopus software into Advisor Insight,
 the Web-based platform for investment advisors and brokers. The Octopus
 software platform, unleashes a powerful new capability for Advisor Insight
 customers to control the way they request, receive and review critical S&P
 investment information services like Marketscope, Stock Reports, Fund Advisor
 and industry information.
     Octopus lets non-technical business professionals create and modify
 browser-based, dynamic applications that access a range of information
 resources. By using Octopus to interact with Advisor Insight, investment
 advisors will be free to construct and organize their own interfaces to S&P
 financial advice, opinion and data, yielding faster and deeper insight to help
 customers with their investment decisions.
     "Every investment professional that uses Advisor Insight has different
 needs for interacting with our incredibly rich databases of financial
 information," said Kenneth Ennis, Vice President and General Manager of Retail
 Brokerage at Standard & Poor's. "Standard & Poor's delivers them the best
 intelligence available. With Octopus, they can manage that intelligence more
 effectively to deliver infinitely better investment advice tailored
 specifically to the needs of their individual investor customers."
     "The depth and breadth of information that Standard & Poor's develops is
 staggering," said Steve Douty, President and Chief Executive Officer of
 Octopus. "And the variety of uses for the information is vast. With Octopus,
 Advisor Insight customers can harness that information to serve their
 investing customers most effectively."
     With more than 80,000 subscribers, Advisor Insight is a leading Web-based
 financial information service designed specifically for financial advisors.
 Offering Standard & Poor's proprietary investment intelligence, combined with
 a wealth of analytical tools, the service helps financial professionals
 deliver more insightful investment advice to their customers.
     Standard & Poor's gains significant competitive and operating leverage
 with Octopus. Advisor Insight will set a new standard in the industry for
 fully satisfying each user's need to highly personalize their interaction with
 Standard & Poor's vast wealth of financial information.
 
     About Standard & Poor's
     Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:   MHP),
 provides independent financial information, analytical services, and credit
 ratings to the world's financial markets. Among the company's many products
 are the Standard & Poor's 1200, the premier global equity performance
 benchmark, the Standard & Poor's 500, the premier U.S. portfolio index, and
 credit ratings on more than 220,000 securities and funds worldwide. With more
 than 5,000 employees located in 21 countries, Standard & Poor's is an integral
 part of the global financial infrastructure. Additional information is
 available at www.standardandpoors.com.
 
     About Octopus
     Octopus represents the vanguard of a revolutionary, new class of solutions
 for the extended enterprise, called Meta Applications. Meta Applications are
 flexible, functionally-rich solutions that allow corporations, their customers
 and their partners to fully leverage their enterprise and Internet information
 assets. The company is led by an executive team that brings world-class
 experience in enterprise software and Internet technologies from such industry
 leaders as Microsoft, Oracle, Baan and Clarify. Marc Andreessen, co-founder of
 both Netscape and Loudcloud, joined Octopus as a board member in May 2000. The
 company has won numerous awards for its patent-pending technology, including
 "Best of Show" at Upside's Internet Showcase, "Top 50 Private Companies for
 2000" by Red Herring magazine, one of Fortune magazine's thirteen
 "Cool Companies," and "Investor's Choice" at Internet Outlook 2000. For more
 information, visit www.octopus.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X82451426
 
 

SOURCE Octopus, Inc.
    NEW YORK and PALO ALTO, Calif., April 30 /PRNewswire/ --
 Standard & Poor's, a leading provider of financial data and investment
 analysis, and Octopus, the pioneer of Meta Applications -- a revolutionary new
 solution for accessing and sharing information in extended enterprise
 environments -- today announced an alliance to radically reshape the way
 investment professionals interact with decision-driving financial information.
 Standard & Poor's will incorporate the Octopus software into Advisor Insight,
 the Web-based platform for investment advisors and brokers. The Octopus
 software platform, unleashes a powerful new capability for Advisor Insight
 customers to control the way they request, receive and review critical S&P
 investment information services like Marketscope, Stock Reports, Fund Advisor
 and industry information.
     Octopus lets non-technical business professionals create and modify
 browser-based, dynamic applications that access a range of information
 resources. By using Octopus to interact with Advisor Insight, investment
 advisors will be free to construct and organize their own interfaces to S&P
 financial advice, opinion and data, yielding faster and deeper insight to help
 customers with their investment decisions.
     "Every investment professional that uses Advisor Insight has different
 needs for interacting with our incredibly rich databases of financial
 information," said Kenneth Ennis, Vice President and General Manager of Retail
 Brokerage at Standard & Poor's. "Standard & Poor's delivers them the best
 intelligence available. With Octopus, they can manage that intelligence more
 effectively to deliver infinitely better investment advice tailored
 specifically to the needs of their individual investor customers."
     "The depth and breadth of information that Standard & Poor's develops is
 staggering," said Steve Douty, President and Chief Executive Officer of
 Octopus. "And the variety of uses for the information is vast. With Octopus,
 Advisor Insight customers can harness that information to serve their
 investing customers most effectively."
     With more than 80,000 subscribers, Advisor Insight is a leading Web-based
 financial information service designed specifically for financial advisors.
 Offering Standard & Poor's proprietary investment intelligence, combined with
 a wealth of analytical tools, the service helps financial professionals
 deliver more insightful investment advice to their customers.
     Standard & Poor's gains significant competitive and operating leverage
 with Octopus. Advisor Insight will set a new standard in the industry for
 fully satisfying each user's need to highly personalize their interaction with
 Standard & Poor's vast wealth of financial information.
 
     About Standard & Poor's
     Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:   MHP),
 provides independent financial information, analytical services, and credit
 ratings to the world's financial markets. Among the company's many products
 are the Standard & Poor's 1200, the premier global equity performance
 benchmark, the Standard & Poor's 500, the premier U.S. portfolio index, and
 credit ratings on more than 220,000 securities and funds worldwide. With more
 than 5,000 employees located in 21 countries, Standard & Poor's is an integral
 part of the global financial infrastructure. Additional information is
 available at www.standardandpoors.com.
 
     About Octopus
     Octopus represents the vanguard of a revolutionary, new class of solutions
 for the extended enterprise, called Meta Applications. Meta Applications are
 flexible, functionally-rich solutions that allow corporations, their customers
 and their partners to fully leverage their enterprise and Internet information
 assets. The company is led by an executive team that brings world-class
 experience in enterprise software and Internet technologies from such industry
 leaders as Microsoft, Oracle, Baan and Clarify. Marc Andreessen, co-founder of
 both Netscape and Loudcloud, joined Octopus as a board member in May 2000. The
 company has won numerous awards for its patent-pending technology, including
 "Best of Show" at Upside's Internet Showcase, "Top 50 Private Companies for
 2000" by Red Herring magazine, one of Fortune magazine's thirteen
 "Cool Companies," and "Investor's Choice" at Internet Outlook 2000. For more
 information, visit www.octopus.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X82451426
 
 SOURCE  Octopus, Inc.

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