EO ANNOUNCES PARTNERSHIP WITH ITALY'S LARGEST ONLINE BROKER Monday 23 April 2001 PDF Print London 23 April 2001 - EO (www.eo.net), the Pan-European new issue distribution platform for retail investors, today announces it has signed a partnership agreement with Fineco, Italy's largest online broker. According to the terms of the agreement, EO will make available all relevant European equity offerings to Fineco, which will operate as EO's selling agent to its significant retail customer base in Italy. This partnership significantly expands EO's audience of online retail investors across Europe whilst providing Italian retail investors with access to pan-European IPOs. Commenting on the agreement, Leigh Burdick, Managing Director of EO plc, said; "We are delighted to announce this partnership agreement with Fineco, which increases EO's reach to retail investors across Europe. EO has built an extensive online distribution channel for new issue offerings in Europe and is the natural partner for pan-European investment banks." Alessandro Foti, Managing Director of Fineco, said; "Fineco is committed to providing Italian retail investors with as wide a choice of investment opportunities as possible. This agreement allows our customers to access a greater number of European IPOs and will enable retail investors to participate on a larger scale in cross border equity offerings." Enquiries Leigh Burdick Managing Director, EO plc Tel: +44 20 7725 4906 Email: firstname.lastname@example.org Massimiliano Raposio Country Manager, EO Italia Tel: + 39 02 7601 7334 Alessandro Foti Managing Director, Fineco Tel: + 39 02 8887 2365 Claire Bithell Finsbury Tel:+44 20 7251 3801 Email: email@example.com Notes to editors EO plc * EO plc, which is regulated by the SFA, is an on-line share distribution platform. EO works in partnership with investment banks and venture capital firms to distribute equity product to retail investors on a pan-European basis. * EO acquired EPO.com in February 2001. Through its networks and partnership arrangements, EO now reaches an audience of almost 20 million online users throughout the UK and Europe. * Distribution partners include: Online brokers: Charles Schwab Europe, Barclays Stockbrokers, Sharepeople, Stockacademy, Stocktrade Portals: Yahoo!, GlobalNetFinancial.com, Tiscali and Ciaoweb Retail investment sites: ADVFN and moneyextra.com Other: OM Stockholm Stock Exchange * EO has established a joint venture with more-IPO.de in Germany, through which EO's reach encompasses users of both web.de and freenet.de. EO also has a partnership with online IPO provider EuropeOffering.com in France. * EO has established partnerships with UBS Warburg and Noble & Co. Under the terms of these partnerships, the investment banks will make appropriate equity product offerings available to retail investors via www.eo.net. * EO also benefits from exclusive deal flow from its founding shareholder NewMedia SPARK, Europe's leading quoted early stage technology investor. * EO now has operations in UK, Italy, Germany, France, Sweden and Finland. * Investors should register free and without obligation at www.eo.net <http://www.eo.net>. Fineco * Fineco was established in Italy in January 1999 by the Bipop Group (one of Italy's largest banking groups) with the objective of providing a financial brokerage and information service of the highest quality on a 24/7 basis, filling a gap in the Italian market * It has since been the most innovative player in the Italian online financial industry. In Spring 1999 Fineco launched the first discounted brokerage fee program in Italy, cutting brokerage fees for the first time in Italy. * Fineco was the first Italian online broker to offer trading on four key world stock markets: France (CAC40), Germany (DAX) and NASDAQ, in September 1999. In November of the same year Fineco launched a high interest account, Bankup, offering a 3.5% interest remuneration (now at 5%) and in January 2000, it was the first broker in the world to offer a stock trading service via mobile phone (Fineco Moving) in cooperation with TIM, the Italian largest mobile operator. * Currently, Fineco has the largest online account base in Italy and represents 15% of the share volumes traded on the Italian Stock Exchange. This press release was distributed by ResponseSource Press Release Wire on behalf of Finsbury Group in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.