Jarvis Securities Signs Commercial Pact With Worldlink Group

11th Jun 2010 10:22

LONDON (Dow Jones)--Jarvis Securities PLC (JIM.LN) said Friday a commercial agreement has been signed with Worldlink Group PLC (WLO.XE), a company involved in the interactive mobile media industry, for the provision of branded execution-only share dealing services. MAIN FACTS: -Worldlink is the owner of the U.K. and U.S. patents for the transmission of profiled real-time data to mobile devices. -This data product will be offered free to registered users and will enable customers to make informed investment decisions whether on the move or at their desk through access to live market information. -Jarvis will provide a low-cost execution-only dealing service in connection with the Worldlink service. -Worldlink will offer its data product via branded links with a number of information vendors and daily national newspapers. -Jarvis will provide a branded dealing service for some of these Worldlink clients. -The first, a national newspaper, will start on June 15. -A number of other such arrangements are scheduled for implementation throughout 2010. -Shares at 0920 GMT up 7.0 pence, or 5.65%, at 131.0 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires June 11, 2010 05:22 ET (09:22 GMT)