FactSet Research Systems Inc. Acquires TrueCourse, Inc.

    Business Editors/Technology Editors

    NORWALK, Conn.--(BUSINESS WIRE)--Jan. 10, 2005--FactSet Research Systems Inc., (NYSE: FDS) a major supplier of computer-based financial and economic data to the investment community, today announced its acquisition of TrueCourse, Inc. on January 4, 2005.
    TrueCourse is the leading provider of corporate takeover defense intelligence. Through its SharkRepellent (www.SharkRepellent.net) product, the company provides an array of market surveillance reports, including takeover defense profiles, defense-related proxy proposals, and vote results. With its proprietary Bullet Proof Rating, TrueCourse provides a fast and direct way to accurately evaluate a company's takeover defense protection and compare its defense characteristics to other companies. SharkRepellent is believed to be the largest and only continuously updated database of its kind. Clients include buy- and sell-side institutions, major law firms, corporations, universities, and data re-distributors.
    "The TrueCourse products and personnel are very highly regarded for their unique and high quality analyses and analytical capabilities, ", said Kieran Kennedy , Director of Investment Banking and Brokerage Services at FactSet. "This acquisition will help us better serve the needs of existing clients and expand our services into new markets."
    "We are very excited to be a part of FactSet and look forward to accelerating our product development initiatives under the FactSet umbrella," said James Sussmann, president of TrueCourse, Inc. "TrueCourse and FactSet customers can anticipate new analytical tools and solutions from us, as we benefit from FactSet's resources and market insight."

    About TrueCourse

    TrueCourse, Inc. is a research firm specializing in takeover defense intelligence, proxy voting, and corporate governance. The company's online SharkRepellent product and custom research services provide critical strategic situation awareness that is relied upon by leading investment banks, law firms and institutional investors.

    About FactSet

    FactSet Research Systems Inc. (http://www.factset.com) is a leading provider of global financial and economic information, including fundamental data on tens of thousands of companies worldwide. Combining more than 200 databases into its own dedicated online service, the Company also provides the tools to download, combine, and manipulate the data for investment analysis.
    The Company, headquartered in Norwalk, Connecticut, was formed in 1978 and now conducts operations, along with its affiliates, from over twenty-two locations worldwide, including Boston, New York, Chicago, San Mateo, London, Frankfurt, Paris, Tokyo, Hong Kong, and Sydney.

--30--DP/ny*

CONTACT: FactSet Research Systems Inc. Kieran Kennedy or Denise Edwards, 203-810-1000

KEYWORD: CONNECTICUT INDUSTRY KEYWORD: BANKING TELECOMMUNICATIONS SOFTWARE MERGERS/ACQ SOURCE: FactSet Research Systems Inc.

Copyright Business Wire 2005