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NewRiver Introduces Web Prospectus Tool

NewRiver Investor Communications of Watertown, Mass., has developed Prospectus Express, patent-pending software that would allow mutual fund companies to post prospectuses and other lengthy fund documents in a format that would allow investors to immediately view and retrieve those documents. Other prospectus software allows users to print out documents but not view them online. Prospectus Express also enables users to search within documents for keywords. Currently, that is not possible through the SEC's Edgar database.