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Weekly News Digest

July 25, 2005 — 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 ITI’s Twitter account: @ITINewsBreaks.

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Thomson Acquires Global Securities Information, Inc. (GSI)

The Thomson Corp. (http://www.thomson.com) announced that it has acquired Global Securities Information, Inc. (GSI; http://www.gsionline.com), a provider of online securities and securities-related information and research services. The terms of the acquisition were not disclosed. GSI's flagship product, LIVEDGAR, combines proprietary content, search technology, and domain expertise to enable legal and financial professionals to conduct online securities research and obtain source documents in a single step. LIVEDGAR includes SEC EDGAR filings, additional paper filings, Canadian SEDAR filings, and other information, such as prospectuses from international exchanges and a database of securities laws and regulations.

GSI will become part of Thomson West, publisher of the Westlaw online service. GSI operations and senior management (including president Richard Harrison, CEO Phillip Brown, and CTO Nick Keenan) will join Thomson West. GSI has 147 employees and is based in Washington, D.C.

The companies said the acquisition will enable West to satisfy the currently unmet needs of transactional attorneys—those involved in mergers and acquisitions, real estate, and securities transactions. Moreover, the acquisition will further strengthen and deepen West's relationships with large law firms, the company's largest customer segment.

Source: The Thomson Corp.



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