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Weekly News Digest

June 25, 2001 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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Data Downlink Changes Name, Introduces Alacra Book

Data Downlink Corp., a privately held global provider of business and financial information, has announced the change of its corporate name and brand identity to Alacra, Inc. (http://www.alacra.com). The company's portfolio of service offerings, which includes the business search engine Portal B and its premium database service .xls, will be packaged as Alacra and will be available to users under that name beginning July 10. According to the press release, the new online search service has far greater functionality in finding and sorting results, puts information together in more meaningful ways, and is easier to use than the Portal B service that launched last year.

"Our change to Alacra represents much more than a new name," said Steven Goldstein, Alacra's CEO. "Five years since our founding, we have evolved from a mere provider of other publishers' data to a primary source of varied information solutions for more than 500 financial institutions and professional services firms around the world. We have developed tremendous expertise in packaging business information to specifically meet our customers' needs. Our new brand identity reflects this evolution."

The company also introduced Alacra Book, a Web-based publishing platform that quickly collects and packages business information from multiple sources into a single Adobe PDF document. Alacra Book is intended for use by investment banks, law firms, consultancies, and other corporations in the daily preparation of Public Information Books (PIB) and other presentations. Accessible via the Internet and a company's intranet, Alacra Book reportedly reduces to fewer than 10 minutes a critical compilation task that had previously required multiple staff hours.

Source: Alacra, Inc.



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