RealTime IT News

Intrex Inc. Retains USWeb/CKS

New York City-based Intrex Inc. retained USWeb/CKS to collaborate on Intrex's planned Internet financial and informational services portal. Spending was not disclosed.

USWeb/CKS will initiate strategic analysis to outline the site's infrastructure and technical foundation. When launched later this year, the site is expected to offer accredited investors and institutions a gateway to a variety of financial services and products, many of which were previously available only through a private banking relationship.

"USWeb/CKS's proven ability to build sites which successfully merge the latest in Internet technologies and applications on a cost efficient basis make them an ideal partner for the launch of Intrex's first-of-its-kind online investing portal. USWeb/CKS. . . will be able to maximize Intrex's Internet efficiencies while minimizing start-up and operating costs, as well as providing valuable input on the eventual marketing and positioning of the site," said Carl Walston, president of Intrex.

Intrex said it is developing a high-end financial and information services portal that will provide members with services such as online trading, block trades, private placements, IPOs, equity research and other offerings typically only available through a private banking relationship.