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Weekly News Digest

July 17, 2000 — 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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Hooverís Invests in 10K Wizard

Hoover's, Inc., operator of Hoover's Online, "the businessperson's portal" http://www.hoovers.com, has announced a significant investment in 10K Wizard Technology, LLC. 10K Wizard currently deploys its full-text search engine technology through its Web site http://www.10kwizard.com, which offers free, full-text, real-time searches of the Securities and Exchange Commission's (SEC) entire EDGAR database of corporate financial information, and free downloadable spreadsheets. In addition, 10K Wizard provides pension holdings summaries from 13-F filings, parsed into searchable format, and offers free, real-time alerts and free searches by multiple criteria, including a person's name.

As part of the agreement, Hoover's Online will integrate 10K Wizard's proprietary text search technology into several areas of Hoover's Online, including SEC searches, while 10K Wizard will provide its user base with ready access to Hoover's content and tools. Hoover's will also make the 10K Wizard tools available through syndication to its customers. Additionally, Hoover's Online will become the exclusive advertising sales and business development representative for 10K Wizard, and has acquired the right to purchase the rest of 10K Wizard.

Source: Hoovers, Inc.



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