<PAGE>
As filed with the Securities and Exchange
Commission as of April 29, 1999
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
April 14, 1999
PC QUOTE, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-13093 36-3131704
(State or other jurisdiction of (Commission File Number) (I.R.S Employer
incorporation or organization) Identification No.)
300 South Wacker Drive, Suite 300, Chicago, Illinois 60606
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(312) 913-2800
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ITEM 5. OTHER EVENTS
On April 14, 1999, we made a public announcement regarding a
strategic partnership between our wholly-owned subsidiary, PCQuote.com, Inc.,
and CNNfn. Under a limited exclusive licensing agreement, PCQuote.com will
provide CNNfn's award-winning original financial news to users of its
financial content website, www.pcquote.com, and CNNfn will acquire a minority
equity position in PCQuote.com.
On April 26, 1999, we made a public announcement regarding our
intention to change our corporate name to HyperFeed Technologies, Inc. We
will submit the request to our shareholders for approval at our annual
meeting in June 1999. Separately, PCQuote.com announced that it intends to
make an initial public offering of its common stock.
LIST OF EXHIBITS
99.1 Our Press Release Dated April 14, 1999.
99.2 Our Press Release Dated April 26, 1999.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, PC
Quote has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
PC QUOTE, INC.
Date: April 29, 1999 By: /s/ JOHN E. JUSKA
-----------------------------
John E. Juska,
Chief Financial Officer
<PAGE>
EXHIBIT 99.1
PCQuote.com Launches Strategic Business Partnership with CNNfn
CHICAGO, April 14, 1999 -- PC Quote, Inc. (Amex: PQT) today announced a
strategic partnership between its newly incorporated subsidiary, PCQuote.com
and CNNfn the financial network. Under a limited exclusive licensing
agreement, PCQuote.com will provide CNNfn's award-winning original financial
news to users of its popular financial content website, www.pcquote.com.
PCQuote.com users will have access to continuously updated business stories
from CNNfn, with direct links back to the full range of financial information
and services offered on the CNNfn.com site.
"We are pleased to partner with such a prestigious brand as CNNfn.com," said
Jim R. Porter, Chairman and CEO, PC Quote. "We believe the combination of
CNNfn.com's premier news with our high-end HyperFeed 2000 financial market
data and analytics will provide an increasingly valuable resource for the
growing millions of active Internet investors."
Over the term of the agreement, CNNfn will acquire a minority equity position
in PCQuote.com. "This partnership underscores the incredible value of our
original financial news reporting and our growing stake in some of the Web's
most dynamic and fastest-growing companies," said Lou Dobbs, President of
CNNfn. "We're proud to add PCQuote.com to CNNfn's distinguished portfolio of
Web partners."
ABOUT PC QUOTE
PC Quote is a premier provider of real-time financial market data to
professional and consumer markets worldwide via broadcast and Internet. The
company's proprietary datafeed, HyperFeed-TM- 2000, is known as the fastest,
most complete datafeed available and is the only datafeed able to
consistently deliver full options chains in true real-time.
Incorporating IP Multicast technology and proprietary advanced compression
techniques, HyperFeed-TM- 2000 offers recipients unparalleled speed and has
the capacity to handle rapidly growing volumes of market data.
Professional and individual investors use the firm's dynamic software
applications to view, analyze and manipulate HyperFeed-TM- 2000's robust
market data. PC Quote also offers user-friendly web-based authoring and
software development tools for easy integration of HyperFeed-TM- 2000 data
into a variety of web and software applications.
<PAGE>
ABOUT PCQUOTE.COM
PCQuote.com is a leading Internet-based provider of premium real-time
financial data and analytical tools aimed at empowering the online investor.
In addition to the company's www.pcquote.com and marketsmart-real.pcquote.com
websites, the company offers a variety of free and subscription based
financial services.
ABOUT CNNFN
CNNfn.com, which averages more than 1 billion page views a year, is the
Internet's leading source for business news, financial intelligence and free
business services. CNNfn.com is the companion to CNNfn, the first network to
launch on television and the Web. The CNNfn.com web site offers users
breaking business, financial and market news, and in-depth analysis of the US
and global economies, the technology industry and companies in the news. In
addition, CNNfn.com's extensive financial intelligence and personal finance
tools provide access to investment reports, portfolio management, industry
research and company profiles that make it the most complete business
information resource available on the Web.
2
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EXHIBIT 99.2
PC Quote to Become HyperFeed Technologies
CHICAGO, APRIL 26, 1999 -- PC QUOTE, INC. (AMEX: PQT), a premier provider of
real-time and delayed stock and market quotes and engineer of
HyperFeed-TM- 2000, the fastest datafeed available, today announced its
intention to change its corporate name to HyperFeed Technologies, Inc. The
firm will submit the request to its shareholders for approval at its June
1999 Annual Meeting.
Separately, PCQuote.com, Inc., a subsidiary of PC Quote, today announced that
it intends to make an initial public offering of its common stock.
PCQuote.com intends to file a registration statement for the offering within
the next 30 days and anticipates completing the offering as soon as
practicable after the registration statement becomes effective.
"In contemplation of the offering by our subsidiary, we are seeking the name
change to further differentiate the entities," stated Jim R. Porter, PC Quote
Chairman and CEO.
ABOUT PC QUOTE, INC.
PC Quote is a premier provider of delayed and real-time financial market data
to financial and consumer markets worldwide. The company's proprietary
datafeed, HyperFeed-TM- 2000, is known as the fastest, most reliable and
complete datafeed available. It is the only datafeed able to consistently
deliver full options chains in true real-time.
Recently, PC Quote was the first data vendor to announce the incorporation of
IP Multicast technology and advanced compression techniques into its datafeed
and tickerplant, offering recipients unparalleled speed and capacity.
Professional clients include brokerage firms, banks, insurance companies,
fund managers, as well as institutional and professional investors.
ABOUT PCQUOTE.COM
PCQuote.com is a leading Internet-based provider of real-time financial data
and analytical tools aimed at empowering the online investor. In addition to
the company's www.pcquote.com and marketsmart-real.pcquote.com websites, the
company offers a variety of free and subscription based financial services.
NOTE: A registration statement relating to the Common Stock of PCQuote.com
has not yet been filed with the Securities and Exchange Commission. An
offering of the Common Stock of PCQuote.com will be made only by means of a
prospectus. This press release shall not constitute an offer or the
solicitation of an offer to buy nor shall there be any sale of the Common
Stock of PCQuote.com in any state in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of such states.
