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» Media General Financial Services, Inc. and World'Vest Base, Inc. announces joint distribution agreement
RICHMOND, Va., June 25 /PRNewswire/ -- Media General Financial Services, Inc. (MGFS), a leading provider of US and Canadian fundamental and technical data and World''Vest Base Inc., the largest and most respected international financial information provider to the investment banking community, announced today a cross data licensing agreement.

Under this agreement, World''Vest Base is providing MGFS with its complete WVB Analyst database (13,000+ non-US companies), that MGFS will fully integrate with its existing database formats for US and Canadian public companies. In turn, MGFS is providing WorldVest Base with its complete US database (9,000+ US companies) that WorldVest Base will integrate within its Oracle database.

Commenting on this alliance, Dennis H. Cartwright, president and CEO of Media General Financial Services, stated, "in combining two of the best fundamental databases in the industry, both MGFS and WorldVest can extend their leadership positions in their respective markets." Cartwright adds, "we view this strategic relationship as a defining moment in the information industry as both WorldVest and MGFS will be able to materially impact the industry by offering one of the most comprehensive, global database products available in the marketplace. We look forward to a long and mutually beneficial relationship as we work together to refine and expand our global database products to meet the demanding requirements of our respective worldwide client bases."

Philippe O. Piette Jr., World''Vest Base''s CEO, said, "With MGFS''s high quality data, we can now offer a truly global product to our clients at attractive terms. There is a growing need in the financial markets for a single, integrated data solution, and the combination of WorldVest and MGFS will provide this solution on a global basis."

About World''Vest Base, Inc.
World''Vest Base Inc., the benchmark for high quality international "as reported" financial information, is the leader in providing the broadest coverage of professional grade financial data to the investment banking, accounting, consulting and lending market. World''Vest Base Inc. specializes in the compilation, integration, display and delivery of a superior quality database of descriptive and analytic information on over 13,000 non-US corporations. Well known to professional consulting and investment banking community for 15 years, the company distributed its services traditionally through other parties and since 1997 under its brand name. The company''s data is also distributed via on-line vendors and independent finance oriented web sites, such as OM Stockholm AB; Woqats; Hemmington Scott; Six; IDD; ADR.COM; as well as through its own web site (http://www.wvb.com).

About Media General Financial Services, Inc.
Media General Financial Services, Inc., a wholly owned subsidiary of Media General, Inc. (Amex: MEGA), builds and maintains databases of fundamental and technical information on U.S. and Canadian publicly traded companies, industry groups, and major markets. Its databases contain annual and quarterly financial information, split-adjusted price and volume data, earnings estimates, institutional and insider statistics, and hundreds of financial and performance ratios. MGFS data are available through its proprietary products and through strategic affiliations with nationally known online information systems and Internet sites that reach institutional investors, major corporations, academics, and sophisticated individual investors. Strategic partners and affiliations include: World''Vest Base, Microsoft, Wall Street Journal Interactive, Hoover''s, Charles Schwab, Baseline, Dow Jones Interactive, Fidelity Investments, SmartMoney.com, Starwave, Bridge Information Systems and Thomson Investors Network. For more information on Media General Financial Services, please visit its Web site (http://www.mgfs.com) or call 804-775-8000. SOURCE Media General Financial Services, Inc.