Zacks Partners With WebServius to Offer Data Resources Through a Web-based API

CHICAGO, June 22, 2011 /PRNewswire/ -- Zacks Investment Research, Inc. announces a partnership with WebServius to offer access to Zacks' consensus estimates and ratings data to financial application developers through an easy to use Application Programming Interface.

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Zacks, through its data access website at www.zacksdata.com, will be using the WebServius API management system to provide data relating to earnings estimates, revenue estimates, analysts' ratings, price targets, and long term growth rate estimates for North American traded stocks to developers of financial and corporate websites, as well as financial analysis software and tool developers who want to access this information quickly and easily. The Zacks/WebServius API is set up to be completely self-service oriented, giving each user the ability to manage access to Zacks data down to the ticker, data item, and time period level with complete control over data cost and budget. The data can be paid for by the "hit" on an a-la-carte basis, or through flexible monthly subscription plans, which provide the customer with the ability to pay only for what they use.

"Now financial website and application developers can quickly and economically tap into the power of Zacks consensus data to better forecast the direction of stock prices based on trends in Wall Street estimate revisions, without having to maintain their own database structure or pay high subscription rates for data they may or may not use. I believe this new cloud-based data delivery method will be a catalyst for new innovations in how consensus data can be used to find good stocks to invest in." says Bryant Sheehy, Business Development Director for Content & Raw Data at Zacks Investment Research.

"The depth and richness of the financial data that has been made available by Zacks through the API is truly impressive, and in many cases far exceeds anything that has been readily available to individual developers up till now. We therefore expect to see some real innovation in the applications that make use of this new offering", states Eugene Osovetsky, founder and CTO of WebServius.

More information about the new Zacks/WebServius API can be found at http://www.zacksdata.com.

ABOUT WEBSERVIUS, www.webservius.com

WebServius is a technology company with the mission of creating a connected world, where publishers and consumers of cloud-based software components can work together effortlessly to create useful and innovative solutions. The WebServius API Platform is used by companies in the financial, marketing, travel and other verticals to unlock the full potential of their data.

WebServius Contacts:

Eugene Osovetsky – (866) 706-9043, [email protected]

ABOUT ZACKS

Zacks Investment Research provides institutional and individual investors with the analytical tools and financial information necessary to the success of their investment process. Founded in 1978, Zacks' early contribution to investment analysis was the discovery that earnings per share estimate revisions are the most powerful force affecting stock prices. This discovery is built into the Zacks Rank proprietary methodology for predicting stock price performance. The Zacks Rank has produced average annual returns in excess of 28% since 1988. Today Zacks produces data feeds for estimates, ratings, earnings report data, fundamental data, and institutional holdings for US and Canadian traded equities, as well as investment research reports and research software tools for investors.

Zacks Contacts:

Bryant Sheehy – (312) 265-9366, [email protected]

SOURCE Zacks Investment Research, Inc.