ROSELAND, New Jersey, November 18 /PRNewswire/ --

- Digital content provider triples revenue, doubles employee base; introduces groundbreaking products serving corporate, financial sectors

Acquire Media, a premier digital content provider serving information and investment professionals in financial services and corporations, today announced it has experienced widespread employee and financial growth in the year following its acquisition of NewsEdge, and is launching a series of innovative products over the next several months.

Acquire Media, which purchased NewsEdge from Thomson Corporation in July 2007 and integrated operations in November 2007, has boosted revenues significantly and has 100 employees spread over five offices worldwide. Since the acquisition, Acquire Media has invested heavily in re-engineering the NewsEdge product line. This solidifies Acquire Media's position in the real-time scrolling news space and re-establishes its brand in the corporate/web site market.

Formed in 2001, Acquire Media has a number of marquee clients, including PR Newswire, Market News International, Canwest Global Communications, and NASDAQ.

Acquire Media has grown substantially and made significant gains in software development over the past 12 months, said Lawrence C. Rafsky, CEO of Acquire Media. Now, as we enter the next phase of our plan, we are on the cusp of large-scale technological advances that will dramatically enhance our products.

Additionally, Rafsky noted, Acquire Media's software delivers content for a wide range of applications, from real-time press releases on well-known web sites to news about products and markets for corporate executives. We have a pinpoint news alerting service that offers remarkable benefits, supporting a variety of critical job functions, said Rafsky, pointing out that Acquire Media delivers more than 300,000 news articles a day over the Internet.

In the coming weeks, Acquire is launching two new products, NewsEdge v8 and NewsEdge.com. NewsEdge v8 -- a product ideally suited for traders seeking to gain a competitive edge in the markets -- debuted at the SIFMA Technology Management Conference in New York earlier this summer. This product takes current real-time news management and filtering functionality to the next level by enhancing the alerting features and incorporating web and other sources into its news tools. The enhancements include flexible alert viewing, predefined web links to capture leading financial web content, and customizable desktop workspaces.

NewsEdge.com -- which is geared to companies seeking to gain competitive intelligence and review relevant real-time news in rapid fashion -- was previewed at the SLA '08 conference in Seattle in June. Completely rebuilt, the new NewsEdge.com offers an intuitive design and flexible layout giving both administrators and end users customizable pages to feature content of importance.

Following the integration of the two companies, the overall infrastructure has been significantly revamped as NewsEdge customers have migrated from Thomson's data center to Acquire Media.

We invested heavily in this area by building new state of the art server centers, developing a new processing system to support both Acquire Media and NewsEdge applications, and by advancing our proprietary classification and taxonomy systems, said Robert E. Ungar, CTO and co-founder of Acquire Media.

Acquire Media also boasts a seasoned executive team. Co-founders Rafsky, Ungar, Roberta Guarino PhD, head of research and development, and Bradley J. Scher, president and COO, have worked together for more than 15 years to develop and bring innovative products to the marketplace.

The company has made key strategic hires in the past year, tapping Eric Meisner in 2007 to become the company's CFO and naming Daniel O'Connor senior vice president for Software Development and Engineering.

We have a top-flight management team that has made Acquire Media the industry's most technically-sophisticated delivery service for real-time digital content, said Rafsky.

About Acquire Media

Acquire Media, formed in 2001, is a premier digital media services company that delivers text news and multimedia with guaranteed reliability in formats that make content instantly useable and searchable. Acquire Media, with five offices worldwide, serves the news, digital publishing and financial services communities, which depend on the speed of its delivery service, reliability, 24x7 support, and its ability to handle multiple formats and delivery options. Visit http://www.acquiremedia.com for more information.

Andy Baron of PAN Communications for Acquire Media, +1-978-474-1900, acquiremedia@pancomm.com