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Infomart and Wavephore Partner for Canadian Market

Infomart Dialog Ltd., and WavePhore Newscast Inc. announced a partnership to launch a co-branded business information service to serve Canadian corporations.

The new service, Newscast Canada, is scheduled to debut in the third quarter of 1998.

This partnership aligns the strengths of two players in the information industry.

Under the terms of the agreement, Infomart Dialog will provide sales expertise in the promotion and soliciting of the new service, Newscast Canada. Newscast Canada will provide Canadian clients with daily, direct media monitoring feeds as well as prominent Canadian content, offered via Infomart Dialog.

Infomart Dialog is a Canadian news and information organization with more than 1,000 media, government, business and financial users. WavePhore Newscast, a business unit of WavePhore, Inc., provides mission-critical business information. Currently, WavePhore Newscast delivers customized business news and information to over 200,000 corporate users throughout the world via the Internet, Intranets and extranets.

The basic package will be customized for the Canadian market and will contain Canadian news and stock market information. Infomart will be responsible for all sales and marketing activities associated with Newscast Canada. WavePhore Newscast will host and manage the service through its NewsCenter in Dallas, Texas.