Merged Company Is Premier Source for Savings and Borrowing Information, Tracking Everything from Money Funds to Bank CDs, Mortgages and Credit Cards

WESTBOROUGH, Mass. (April 5, 2000) – Two of the nation’s premier sources for savings and borrowing information – IBC Financial Data and The Bradshaw Financial Network - have merged to form iMoneyNet, Inc.

The nation’s leading provider of information about money market mutual funds, banks, thrifts, credit unions, mortgage companies, credit card issuers, and other lenders, iMoneyNet has relocated from Ashland, Mass. to a new expanded headquarters facility at One Research Drive in Westborough, Mass.

“Our new name and location reflect the new scope of our business and future direction, as we increase the exposure of data reported to us by mutual fund companies, banks and other financial institutions on financial Web sites and Internet portals such as Quicken.com,” explained iMoneyNet Vice President and Managing Editor Peter Crane.

iMoneyNet is a subsidiary of Informa Financial Information, Inc. Its money fund information division (formerly IBC Financial Data) has published Money Fund Report™, an industry-leading weekly newsletter since 1975, and has produced Money Fund Vision™, a database software package, since 1993. It also provides money fund portfolio managers, marketers, and analysts with comparative data regarding performance, assets and expenses.

Money Fund Report Averages™ are the most widely used short-term cash benchmarks in the industry. Investors are able to track money fund performance via iMoneyNet yield tables posted weekly on www.imoneynet.com and published in such leading newspapers as The Chicago Tribune, The Boston Globe, The Plain Dealer (Cleveland), Houston Chronicle, Washington Post, Orlando Sentinel, The Orange County Register, Barron’s and many others.

iMoneyNet’s bank information division (formerly The Bradshaw Financial Network) has served consumers since 1985 with timely and accurate rate information. It also provides customized market intelligence reports to institutions and banking, cash and credit modules to Internet financial portals, such as www.quicken.com. Its rate and yield tables have appeared in Barron’s, (New York) Newsday, The Los Angeles Times, The San Francisco Examine and Chronicle, The San Diego Union-Tribune, and others.

The Network was chosen by Tribune Media Services to replace Bank Rate Monitor (NASDAQ: ILIF) as provider of weekly syndicated features, “Banks vs. Money Funds” and “Best Credit Card Deals.” Additionally, Bradshaw/IBC was selected to replace Bank Rate Monitor as banking and credit card channel data provider by Intuit, Inc. (NASDAQ: INTU) for Quicken.com, its own leading online finance site, and others it serves with content, including America Online (NYSE: AOL), Excite (NASDAQ: XCIT) and Prodigy (NASDAQ: PRGY).

About imoneynet.com

imoneynet.com features totally objective rate research and analysis on money market mutual funds, banks, thrifts, credit unions, mortgage companies, credit card issuers, and other lenders. It highlights top-yielding money funds, a key cash component of many investment and retirement plans; the highest payouts on certificates of deposit; the lowest-cost loans for new and used autos, home equity lines and loans; and the best deals on fixed-rate and adjustable mortgages and credit cards.

About Informa Financial

Informa Financial Information, Inc., headquartered in Westborough, Mass., is a subsidiary of London-based Informa Group Plc (LONDON: INF). Informa offers “must have” business to business information through 3,500 conferences and seminars and nearly 800 print and electronic publications from offices in 16 countries.

CONTACTS: iMoneyNet, Inc. Peter Crane, Vice President and Managing Editor, 508-616-6600, ext. 605 Mike Krasner, Media Manager, 508-616-6600, ext. 601

Links Out:
http://www.imoneynet.com