INTERNET SECURITIES, INC. ACQUIRES BULGARIAN NEWS SERVICE
Kadiev News Service adds proprietary news content to the ISI Emerging MarketsTM service

Boston, MA, March 06, 2000 - Internet Securities, Inc., the pioneering provider of Internet-delivered emerging markets news and business information, announced today the acquisition of Kadiev News Service, a full service Bulgarian News Provider. Terms of the transaction are not disclosed.

"This marks the first acquisition for Internet Securities and represents a significant strategic step forward for the organization and value of services provided," says Gary Mueller, President and Chief Executive Officer of Internet Securities, Inc. "We are placing greater emphasis on providing our clients proprietary and value-added content."

As the exclusive provider to Internet Securities, KNS brings value-added content and more comprehensive coverage within the Bulgarian and Romanian regions. Effective March 2nd, KNS data will be re-branded with the new name Intellinews and made available to all subscribers of the ISI Emerging MarketsTM service.

"Internet Securities plans to fund the expansion of KNS content throughout other similar markets in Eastern Europe," says James Hammond, Senior Vice President of Marketing, "the information will be layered into various platforms in the Service, including our Email Alert tools."

The acquisition of KNS allows Internet Securities to offer clients exclusive access to locally generated and proprietary newsletters, qualitative daily updates, and market moving events in English, Romanian and Bulgarian languages.

"The depth of our understanding of local markets combined with the technical skills and distribution channels of Internet Securities will be very much to the benefit of clients operating in Central and Eastern Europe", says Georgi Kadiev, President of Kadiev News Service.

About ISI Emerging Markets - Local Information, Global Advantage

ISI Emerging Markets provides in-depth information about emerging market economies, including financial, economic and political news and information, and transmits that data through an innovative Internet distribution model. Full-text news articles, financial statements, industry analyses, equity quotes, macroeconomic statistics, and market-specific information, which are derived directly from local information providers, appear both in English and in the local language.

The subscription-based service enables users to access a comprehensive range of information derived directly from more than 3,500 leading publications located throughout Latin America, Europe and Asia. The fast-growing service combines an intuitive interface and powerful search capabilities with in-depth, timely and comprehensive coverage.

ISI Emerging Markets products have continually earned outstanding recognition and product reviews, including "perfect scores" in all categories and a "must have" ranking from Information World Review, and a first place ranking by the Wall Street Journal Europe among business Web sites. The growing list of markets covered currently includes: Argentina, Baltic States, Brazil, Bulgaria, Central Asia and the Caucasus, Chile, China, Colombia, Croatia, Czech Republic, Ecuador, Hungary, India, Mexico, Peru, Poland, Romania, Russia, Slovakia, Southeast Asia - Release 1.0, Turkey, Ukraine and Venezuela.

About Internet Securities, Inc.
Internet Securities, Inc., a Euromoney Institutional Investor company, serves emerging markets specialists at financial institutions and multinational corporations in the United States, Europe, and emerging markets. In addition to worldwide headquarters in Boston and European headquarters in London, clients are served through 16 offices throughout Latin America, Europe and Asia. ISI Emerging Markets is distributed through the Internet or direct dial. Additional information can be obtained by contacting Internet Securities, Inc. at 695 Atlantic Avenue, Boston, MA 02111 USA, telephone (617) 204-3100, fax (617) 204-3101, or by visiting our Web site at www.securities.com.

About Kadiev News Service
Kadiev News Service (KNS) is a subsidiary of Bultoday Service Limited. The product, Kadiev News Service, provides timely and accurate data on Bulgaria, including daily morning wrap-up of political and economic events, weekly publications on politics, privatization, macroeconomics, legal issues, telecommunications, capital markets, statistical data, press reviews, political profiles and tailor-made research and analyses.

Serving investment banks, consulting companies, international organizations, rating agencies and foreign businesses worldwide, KNS provide subscribers one-stop access to comprehensive Bulgaria business information.