Caspar Hobbs Appointed to Interactive Data Board of DirectorsMergermarket Group Chief Executive Officer Caspar Hobbs, 37, was ap
November 17 2006 - 9:00AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial market data, analytics and related services to financial
institutions, active traders and individual investors, today
announced that Caspar Hobbs has been appointed to the Company�s
Board of Directors. Hobbs succeeds Olivier Fleurot as one of five
Pearson-affiliated directors now serving on Interactive Data�s
Board of Directors. Fleurot, who served on the Interactive Data
Board of Directors since May 2005, resigned from Interactive Data�s
board following his departure from Pearson plc to accept a new
position as executive chairman of Publicis Groupe. Hobbs, 37, is a
co-founder and current chief executive officer of the London-based
Mergermarket Group, where he is responsible for overseeing
strategy, expansion, sales and marketing, and general management of
this financial information company. Mergermarket, which was founded
in 1999 and acquired by Pearson plc in August 2006, specializes in
delivering mergers and acquisition news and tools, as well as other
specialized services to the financial community. �Caspar�s
experience, insights and talents will be valuable assets for
Interactive Data as the Company continues to expand its business
around the world,� stated John Makinson, chairman of the
Interactive Data Board of Directors. �We�d like to thank Olivier
for his contributions over the past 18 months and wish him well in
his future endeavors. We also have continued to make progress
recruiting a new independent director to fill the vacancy created
by the retirement of Alan Hirschfield earlier this year.� Prior to
co-founding Mergermarket, Hobbs worked at Financial News and,
before that, he served as an officer in the British Army. He was
educated at the Royal Military Academy, Sandhurst and INSEAD.
Forward-looking and Cautionary Statements This press release
contains certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, and is
subject to the safe-harbor created by such Act and laws. These
statements include our statement regarding Mr. Hobbs's role in
helping support Interactive Data's continued expansion worldwide.
These statements are subject to known and unknown risks,
uncertainties and other factors that may cause actual results to be
materially different from those contemplated by the forward-looking
statements. Such factors include, but are not limited to: (i) the
presence of competitors with greater financial resources than ours
and their strategic response to our services and offerings; (ii)
the possibility of a prolonged outage or other major unexpected
operational difficulty at any of our key facilities; (iii) our
ability to maintain relationships with our key suppliers and
providers of financial market data; (iv) our ability to maintain
our relationships with service bureaus and custodian banks; (v) a
decline in activity levels in the securities markets; (vi)
consolidation of financial services companies, both within an
industry and across industries; (vii) the continuing impact of
cost-containment pressures across the industries we serve; (viii)
new offerings by competitors or new technologies that could cause
our offerings or services to become less competitive or obsolete;
(ix) our ability to develop new and enhanced service offerings and
our ability to market and sell those new and enhanced offerings
successfully to new and existing customers; (x) our ability to
negotiate and enter into strategic alliances or acquisitions on
favorable terms, if at all; (xi) our ability to derive the
anticipated benefits from our strategic alliances or acquisitions
in the desired time frame, if at all; (xii) potential regulatory
investigations of us or our customers relating to our services;
(xiii) the regulatory requirements applicable to our business,
including our FT Interactive Data Corporation subsidiary, which is
a registered investment adviser; (xiv) our ability to attract and
retain key personnel; (xv) the ability of our majority shareholder
to exert influence over our affairs, including the ability to
approve or disapprove any corporate actions submitted to a vote of
our stockholders; and (xvi) other factors identified in our most
recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q
filed with the Securities and Exchange Commission. We undertake no
obligation to update these forward-looking statements. About
Interactive Data Corporation Interactive Data Corporation (NYSE:
IDC) is a leading global provider of financial market data,
analytics and related services to financial institutions, active
traders and individual investors. The Company�s businesses supply
time-sensitive pricing, evaluations and reference data for more
than 3.5 million securities traded around the world, including
hard-to-value instruments. Many of the world's best-known financial
service and software companies subscribe to the Company's services
in support of their trading, analysis, portfolio management and
valuation activities. Through its businesses, FT Interactive Data,
ComStock, CMS BondEdge and eSignal, Interactive Data has
approximately 2,200 employees in offices located throughout North
America, Europe, Asia and Australia, and is headquartered in
Bedford, MA. Pearson plc (NYSE: PSO; LSE:PSON), an international
media company, whose businesses include the Financial Times Group,
Pearson Education, and the Penguin Group, owns approximately 62
percent of the outstanding common stock of Interactive Data
Corporation. The FT Interactive Data business includes FT
Interactive Data Corporation, a Delaware corporation. The ComStock
business includes ComStock, Inc., a New York corporation. The
Interactive Data Managed Solutions business includes Interactive
Data Managed Solutions, a Frankfurt, Germany corporation.
IS.Teledata AG was renamed as Interactive Data Managed Solutions in
2006 following Interactive Data�s acquisition of IS.Teledata in
mid-December 2005. Interactive Data Corporation (NYSE: IDC), a
leading provider of financial market data, analytics and related
services to financial institutions, active traders and individual
investors, today announced that Caspar Hobbs has been appointed to
the Company's Board of Directors. Hobbs succeeds Olivier Fleurot as
one of five Pearson-affiliated directors now serving on Interactive
Data's Board of Directors. Fleurot, who served on the Interactive
Data Board of Directors since May 2005, resigned from Interactive
Data's board following his departure from Pearson plc to accept a
new position as executive chairman of Publicis Groupe. Hobbs, 37,
is a co-founder and current chief executive officer of the
London-based Mergermarket Group, where he is responsible for
overseeing strategy, expansion, sales and marketing, and general
management of this financial information company. Mergermarket,
which was founded in 1999 and acquired by Pearson plc in August
2006, specializes in delivering mergers and acquisition news and
tools, as well as other specialized services to the financial
community. "Caspar's experience, insights and talents will be
valuable assets for Interactive Data as the Company continues to
expand its business around the world," stated John Makinson,
chairman of the Interactive Data Board of Directors. "We'd like to
thank Olivier for his contributions over the past 18 months and
wish him well in his future endeavors. We also have continued to
make progress recruiting a new independent director to fill the
vacancy created by the retirement of Alan Hirschfield earlier this
year." Prior to co-founding Mergermarket, Hobbs worked at Financial
News and, before that, he served as an officer in the British Army.
He was educated at the Royal Military Academy, Sandhurst and
INSEAD. Forward-looking and Cautionary Statements This press
release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
and is subject to the safe-harbor created by such Act and laws.
These statements include our statement regarding Mr. Hobbs's role
in helping support Interactive Data's continued expansion
worldwide. These statements are subject to known and unknown risks,
uncertainties and other factors that may cause actual results to be
materially different from those contemplated by the forward-looking
statements. Such factors include, but are not limited to: (i) the
presence of competitors with greater financial resources than ours
and their strategic response to our services and offerings; (ii)
the possibility of a prolonged outage or other major unexpected
operational difficulty at any of our key facilities; (iii) our
ability to maintain relationships with our key suppliers and
providers of financial market data; (iv) our ability to maintain
our relationships with service bureaus and custodian banks; (v) a
decline in activity levels in the securities markets; (vi)
consolidation of financial services companies, both within an
industry and across industries; (vii) the continuing impact of
cost-containment pressures across the industries we serve; (viii)
new offerings by competitors or new technologies that could cause
our offerings or services to become less competitive or obsolete;
(ix) our ability to develop new and enhanced service offerings and
our ability to market and sell those new and enhanced offerings
successfully to new and existing customers; (x) our ability to
negotiate and enter into strategic alliances or acquisitions on
favorable terms, if at all; (xi) our ability to derive the
anticipated benefits from our strategic alliances or acquisitions
in the desired time frame, if at all; (xii) potential regulatory
investigations of us or our customers relating to our services;
(xiii) the regulatory requirements applicable to our business,
including our FT Interactive Data Corporation subsidiary, which is
a registered investment adviser; (xiv) our ability to attract and
retain key personnel; (xv) the ability of our majority shareholder
to exert influence over our affairs, including the ability to
approve or disapprove any corporate actions submitted to a vote of
our stockholders; and (xvi) other factors identified in our most
recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q
filed with the Securities and Exchange Commission. We undertake no
obligation to update these forward-looking statements. About
Interactive Data Corporation Interactive Data Corporation (NYSE:
IDC) is a leading global provider of financial market data,
analytics and related services to financial institutions, active
traders and individual investors. The Company's businesses supply
time-sensitive pricing, evaluations and reference data for more
than 3.5 million securities traded around the world, including
hard-to-value instruments. Many of the world's best-known financial
service and software companies subscribe to the Company's services
in support of their trading, analysis, portfolio management and
valuation activities. Through its businesses, FT Interactive Data,
ComStock, CMS BondEdge and eSignal, Interactive Data has
approximately 2,200 employees in offices located throughout North
America, Europe, Asia and Australia, and is headquartered in
Bedford, MA. Pearson plc (NYSE: PSO; LSE:PSON), an international
media company, whose businesses include the Financial Times Group,
Pearson Education, and the Penguin Group, owns approximately 62
percent of the outstanding common stock of Interactive Data
Corporation. The FT Interactive Data business includes FT
Interactive Data Corporation, a Delaware corporation. The ComStock
business includes ComStock, Inc., a New York corporation. The
Interactive Data Managed Solutions business includes Interactive
Data Managed Solutions, a Frankfurt, Germany corporation.
IS.Teledata AG was renamed as Interactive Data Managed Solutions in
2006 following Interactive Data's acquisition of IS.Teledata in
mid-December 2005.
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