MarketWatch.com, Inc. and Pinnacor Inc., formerly known as ScreamingMedia, have signed a definitive agreement whereby MarketWatch.com will acquire Pinnacor, creating what officials hope will be a
market-leading provider of online business news and financial applications to organizations in numerous sectors, including banking, brokerage and media. The acquisition will enhance MarketWatch.com's
presence as a provider of premium-branded news, tools and charting capabilities by incorporating Pinnacor's broad set of financial applications and extensive customization capabilities. Pinnacor's
solutions encompass market data and investment-analysis tools for financial services firms, as well as critical business information, portal solutions and messaging services for enterprise clients and
wireless carriers. At closing, it is expected that Pinnacor will bring several hundred new customers to MarketWatch.com. Clients of the combined company are expected to include many of the leading
U.S. banks, brokerages, media companies, insurance companies, asset managers, Internet service providers and wireless carriers.
