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FirstRain Launches UK Operation
Monday, October 13, 2008
Technology Leader Mines Hard-to-Find Data from the Web
SAN MATEO, Calif., Oct. 13 /PRNewswire/ -- FirstRain(R), the leading
provider of search-driven research, today announced the launch of its UK
operations. This milestone makes an innovative fundamental data stream
available to U.K. firms for the first time.
"FirstRain feeds us fundamental information on industries and companies
that is not generally available on sell-side research," said Luis Benoliel,
analyst at First State Investments. "This helps us reduce the risk of missing
important industry data points."
FirstRain clients include large global firms, investment managers and
hedge funds, including Pioneer Investments, The TCW Group, Inc., Institutional
Investor, JVC, Motorola, SAP and more than 100 other firms who insist on
confidentiality to maintain their competitive advantage from using FirstRain.
"The Web has grown into the richest but most chaotic business dataset in
the world. As a result, our users can quickly identify data points, trends and
questions that impact their business decisions," said Penny Herscher,
President and CEO of FirstRain. "The market now sees the imperative to use the
breadth and depth of information the Web offers -- our technology now makes
this systematic and repeatable."
Investment and corporate professionals select FirstRain for:
-- Highly efficient and personalized access to hard-to-find information
from sources like blogs, global and local news; and industry and professional
publications
-- Revealing and non-conventional analytics about management, including
unannounced turnover and communication patterns
-- Comprehensive visibility into data on quiet, hard-to-research, mid-cap,
small-cap and private companies
-- Risk mitigation by systematically ensuring no Web information relevant
to the company is missed each day
-- Daily reports of critical information about industries, corporate
governance issues and competitive trends retrieved from widely dispersed data
sources on the Web
Firms interested in the service may inquire by phone at 0-808-101-3444, or
by email at sales@firstrain.com
About FirstRain
As the leader in search-driven research, FirstRain provides global firms
with a competitive advantage, revealing information and trends from the web
that they would not otherwise see. FirstRain changes the rules of research by
applying state-of-the-art extraction and pattern detection technology to the
web. FirstRain is a privately held company with more than 150 employees,
headquartered in San Mateo, Calif., with additional offices in New York, NY
and Gurgaon, India. Contact FirstRain at http://www.firstrain.com. Visit CEO
Penny Herscher's blog, Market Mine, at http://pennyherscher.blogspot.com.
SOURCE FirstRain
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