Searchable video gives the end user a powerful new tool.
It allows users a choice and convenience they do not have with other video news media. This agreement will create an innovative way for people to select the news they watch and this will affect the way people are informed of current affairs,'' added Reuters New Media Representative, Jon Vollemaere. Reuters designs and installs enterprise-wide information management and risk management systems for the financial markets as well as providing equity and foreign exchange transaction systems. It extensively uses Internet technologies for wider distribution of information and news. The Group employed 16,898 staff in 212 cities in 95 countries as of June 30, 1999.