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PREMIUM GREECE CHOOSE FASMA TO DESIGN ITS FINANCIAL WEB SITE
ATHENS - 15th January 2001

A pioneer in online technical analysis of Greek financial markets, reporter.gr educates, enlightens and empowers individual investors by supplying accurate and timely market information using numerous interactive Web applications built on ColdFusion.

According to reporter.gr President , "From day one of development, our technology strategy has been to provide individual investors with fast, reliable information to make intelligent investment decisions faster."

The quality of the services rendered to customers matters most. The majority of users visiting your site could care less about the multitude of programming languages, Web technologies and Internet protocols at work behind the HTML curtain. They want your Web applications to work flawlessly every time.

With page view counts approaching 60 thousands per month, 15,000 registered users and 30,000 unique users, reporter.gr seems to be on target.

Reporter.gr placed great importance on the ability to integrate the vast array of tools available to today's Web developers seamlessly. "We needed a tool that would allow us to develop script easily with powerful features. We also wanted an open architecture for future platform access, such as Solaris and Linux, as well as server-based extensions for its proprietary tag-based development." Reporter.gr chose ColdFusion.

FASMA works with its customers to provide reliable complex Internet solutions including; the development of websites for financial markets, e-commerce products and Internet solutions for media companies across Romania, Greece and Cyprus.

Reporter.gr's proprietary technical analysis software is based on complex mathematical algorithms that draw on principles from applied mathematics, numerical analysis, and probability theorems. Although the DLLs are written in C and C++, reporter.gr's powerful analysis engines are accessed via ColdFusion's CF and CFX Tags. CFML, HTML, and XML act as the GUI to enable Web interactivity. Mr. Tornaritis stated, "ColdFusion allows these very powerful applications to be accessed by the masses over the Web. The ColdFusion environment and CFML give us the flexibility of accessing the power of Java and C with CFAPI."

Mr. Tornaritis emphasized the point. "Our Web site designers took pain-staking detail in designing an attractive and pleasing site." ColdFusion's unified mechanism for site maintenance frees reporter.gr's developers by keeping the coding to a minimum and focusing on the end-user experience.

Criton Tornaritis, president and CEO, FASMA, concluded: "We have over nine years of experience in the Internet sector, we can offer reliable complex Internet Solutions to satisfy the most demanding customer's requests."


Notes to Editors

Premium Company Background

Based in Greece, Premium is a financial information and news provider over the web, focusing on the Greek market. Staffed by experienced & specialized financial news reporters and analysts of the stock market having its own distribution network is the site www.reporter.gr, a fully bilingual service in Greek and English.

Reporter.gr is the only Greek news provider on the web that focuses on the financial-business environment.
It has the largest team of economic journalists and specialized financial analysts.
It offers real time financial news and information in a cost-effective manner.
It is a useful and up to date tool for investors.
eFunds delivers innovative, reliable and cost-effective technology solutions to meet its.

For more information, visit http://www.reporter.gr

FASMA

As Romanian pioneers of online publishing systems, Internet Financial services, e-commerce solutions and multimedia products, FASMA now also provides Web development services to its rapidly growing client list. Since it first opened for trading, FASMA, previously known as the Royal Trading House SRL, has been at the forefront of evolving strategies for the creation and extension of networked and multimedia information. FASMA, an ISO-9001:2000 company, has implemented these strategies through a series of design, development and technology initiatives. Customers include Minister of Culture and Smithsonian Institute, Crans Montana Forum Foundation, the Romanian Presidency, the Romanian Government, the Bucharest Stock Exchange and other media companies.

For further media information contact:
PREMIUM S.A.
19, Amerikis Str.
106 72 Athens, Greece
Tel.: (30-1) 339 0019-29
Fax: (30-1) 364 5568
e-mail: info@reporter.gr

FASMA SRL
31 Panduri, Bl. P2, Apt.31
050655 Bucharest
Phone: +40-21-4101892
Fax: +40-21-4102196
Web:http://www.fasma.com
Email:fasma@fasma.ro

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