Reuters to Help Guide RIXML Specification Development

Reuters Joins RIXML.org's Efforts to Facilitate the Adoption and Implementation of its Standard for Investment Research

RIXML.org Appoints New Committee Co-Chairs

Industry Organization Establishes Adoption Committee to Help Firms Utilize RIXML

New York, NY, USA. May 12, 2003.

RIXML.org, a consortium of buy- and sell-side global market leaders committed to the development and implementation of the first open standard for investment research, announced today the addition of Reuters as an Associate Member, which brings the total number of Associate Members to six. RIXML.org currently has 17 Steering Committee members, who oversee the strategy and overall direction of the RIXML specification.

John Mahoney, Senior Vice President, Research and Development, Reuters Investment Banking and Brokerage said, "In joining RIXML.org, Reuters continues the commitment to the RIXML standard that Multex had made. Reuters has always been active in embracing and integrating standards that benefit our clients. As adoption and implementation of the RIXML standard accelerates, we are excited by the potential it brings to many of our product lines."

"The addition of Reuters as an Associate Member reveals the strength and support of the industry for an efficient means of tagging and distributing investment research," said Andrew Ling of UBS Warburg and Sell-Side Co-Chair of the RIXML.org Steering Committee. "We are thrilled that Reuters has joined our efforts and believe they will bring a tremendous amount of expertise and resources to the table, in the U.S. market and in many other markets as well. 2003 is the year of adoption and implementation for RIXML and we look forward to working with Reuters, as well as our existing Steering and Associate Members, as industry participants begin to adopt and implement RIXML."

RIXML.org's Associate Membership category was established in April 2001 as a way to engage all industry participants in the development and implementation of the RIXML standard. As Associate Members, organizations can get involved in the continued development and implementation of the standard as well as participate as members of the Standards and Technical Committees of the RIXML organization.

New Committee Appointments

As a result of RIXML.org's efforts to continue the future development and implementation of the specification, as well as managing organizational growth, RIXML.org also announced the following committee appointments resulting from elections held recently in New York:

Deirdre Goldenbogen, Putnam Investments, was elected new Buy-Side Steering Committee Co-Chair
Charlene Luke, American Express, was elected new Buy-Side Standards Committee Co-Chair
Sal Restivo, CSFB, was elected new Sell-Side Standards Committee Co-Chair
Ellen Callahan, Fidelity Investments and Colette Linzmeyer, Deutsche Bank, were elected Adoption Committee Co-Chairs
Jon Lewis, American Century, was elected new Membership Committee Co-Chair
Andrea McElroy, Merrill Lynch, was elected as Marketing & Communications Committee Co-Chair
Jack Roehrig, Merrill Lynch, was re-elected new Standards Liaison Co-Chair
Michael Goldverg, Oppenheimer Funds, was elected new Technical Committee Co-Chair

"The newly elected committee members exemplify the dedication and expertise needed to continue the growth and expansion of RIXML.org," said Deirdre Goldenbogen from Putnam Investments and Buy-Side Co-Chair of the RIXML.org Steering Committee. "As a result of the commitment from our committee co-chairs and members, we have established the expertise necessary to enhance the specification as needed and work directly with firms to facilitate the adoption and implementation of RIXML across the globe."

New Adoption Committee Formed

As part of RIXML.org's efforts to increase the adoption of the RIXML standard, a new Adoption Committee has been formed at the Steering Committee level. The Adoption Committee is being co-chaired by Ellen Callahan of Fidelity Investments and Colette Linzmeyer of Deutsche Bank. The committee will work closely with Associate Members on adoption issues as they move forward on implementation of the standard. The committee will also focus on increasing awareness and adoption of the RIXML specification, as well as provide an open forum for both Steering Committee and Associate Members to discuss RIXML issues and share information.

About RIXML.org

RIXML.org is a consortium of buy- and sell-side global market leaders who joined forces to develop an open, global standard for the tagging and delivery of investment research.

RIXML.org Members

The members of RIXML.org include:

Asset Managers

American Century Investments
American Express Financial
Capital Group
Fidelity Investments
OppenheimerFunds
Putnam Investments
T. Rowe Price Group, Inc.

Associate Members

BondHub/Communicator, Inc.
CCBN
Reuters
Standard & Poor's
TheMarkets.com
Thomson Financial/First Call

Investment Banks

Bear Stearns & Co. Inc.
Citigroup
Credit Suisse First Boston
Deutsche Bank
Goldman, Sachs & Co.
JPMorgan
Lehman Brothers
Merrill Lynch
Morgan Stanley
UBS Warburg

For more information about the RIXML specification and RIXML.org, please visit the website at www.rixml.org.

Contact

Amy Pickering or JoAnn Healy
Intermarket Communications
Tel: +1 212-888-6115, Ext. 252/226
Email: Amy@intermarket.com
Email: JoAnn@intermarket.com

Prepared by Robin Cover for The XML Cover Pages archive. General references in "Research Information Exchange Markup Language (RIXML)."

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RIXML.org, a consortium of buy- and sell-side global market leaders committed to the development and implementation of the first open standard for investment research, announced today the addition of Reuters as an Associate Member, which brings the total number of Associate Members to six. RIXML.org currently has 17 Steering Committee members, who oversee the strategy and overall direction of the RIXML specification. John Mahoney, Senior Vice President, Research and Development, Reuters Investment Banking and Brokerage said, "In joining RIXML.org, Reuters continues the commitment to the RIXML standard that Multex had made. Reuters has always been active in embracing and integrating standards that benefit our clients. As adoption and implementation of the RIXML standard accelerates, we are excited by the potential it brings to many of our product lines." "The addition of Reuters as an Associate Member reveals the strength and support of the industry for an efficient means of tagging and distributing investment research," said Andrew Ling of UBS Warburg and Sell-Side Co-Chair of the RIXML.org Steering Committee. "We are thrilled that Reuters has joined our efforts and believe they will bring a tremendous amount of expertise and resources to the table, in the U.S. market and in many other markets as well. 2003 is the year of adoption and implementation for RIXML and we look forward to working with Reuters, as well as our existing Steering and Associate Members, as industry participants begin to adopt and implement RIXML." RIXML.org's Associate Membership category was established in April 2001 as a way to engage all industry participants in the development and implementation of the RIXML standard. As Associate Members, organizations can get involved in the continued development and implementation of the standard as well as participate as members of the Standards and Technical Committees of the RIXML organization. New Committee Appointments As a result of RIXML.org's efforts to continue the future development and implementation of the specification, as well as managing organizational growth, RIXML.org also announced the following committee appointments resulting from elections held recently in New York: Deirdre Goldenbogen, Putnam Investments, was elected new Buy-Side Steering Committee Co-Chair Charlene Luke, American Express, was elected new Buy-Side Standards Committee Co-Chair Sal Restivo, CSFB, was elected new Sell-Side Standards Committee Co-Chair Ellen Callahan, Fidelity Investments and Colette Linzmeyer, Deutsche Bank, were elected Adoption Committee Co-Chairs Jon Lewis, American Century, was elected new Membership Committee Co-Chair Andrea McElroy, Merrill Lynch, was elected as Marketing & Communications Committee Co-Chair Jack Roehrig, Merrill Lynch, was re-elected new Standards Liaison Co-Chair Michael Goldverg, Oppenheimer Funds, was elected new Technical Committee Co-Chair "The newly elected committee members exemplify the dedication and expertise needed to continue the growth and expansion of RIXML.org," said Deirdre Goldenbogen from Putnam Investments and Buy-Side Co-Chair of the RIXML.org Steering Committee. "As a result of the commitment from our committee co-chairs and members, we have established the expertise necessary to enhance the specification as needed and work directly with firms to facilitate the adoption and implementation of RIXML across the globe." New Adoption Committee Formed As part of RIXML.org's efforts to increase the adoption of the RIXML standard, a new Adoption Committee has been formed at the Steering Committee level. The Adoption Committee is being co-chaired by Ellen Callahan of Fidelity Investments and Colette Linzmeyer of Deutsche Bank. The committee will work closely with Associate Members on adoption issues as they move forward on implementation of the standard. The committee will also focus on increasing awareness and adoption of the RIXML specification, as well as provide an open forum for both Steering Committee and Associate Members to discuss RIXML issues and share information. About RIXML.org RIXML.org is a consortium of buy- and sell-side global market leaders who joined forces to develop an open, global standard for the tagging and delivery of investment research. RIXML.org Members The members of RIXML.org include: Asset Managers American Century Investments American Express Financial Capital Group Fidelity Investments OppenheimerFunds Putnam Investments T. Rowe Price Group, Inc. Associate Members BondHub/Communicator, Inc. CCBN Reuters Standard & Poor's TheMarkets.com Thomson Financial/First Call Investment Banks Bear Stearns & Co. Inc. Citigroup Credit Suisse First Boston Deutsche Bank Goldman, Sachs & Co. JPMorgan Lehman Brothers Merrill Lynch Morgan Stanley UBS Warburg For more information about the RIXML specification and RIXML.org, please visit the website at www.rixml.org. Contact Amy Pickering or JoAnn Healy Intermarket Communications Tel: +1 212-888-6115, Ext. 252/226 Email: Amy@intermarket.com Email: JoAnn@intermarket.com Prepared by Robin Cover for The XML Cover Pages archive. General references in "Research Information Exchange Markup Language (RIXML)."