SOURCE: Market Wire

June 21, 2005 09:45 ET

Leading U.S.-Based Newswire Service Expands Global Distribution via Strategic Agreement With CompanynewsGroup

Market Wire Broadens Distribution in France, Spain, Italy and Belgium

LOS ANGELES, CA -- (MARKET WIRE) -- June 21, 2005 -- Market Wire, a full-service distributor of company press releases and material news, is pleased to announce a reciprocal agreement with CompanynewsGroup, a subsidiary of L'Agéfi and Agence France Presse (A.F.P.) the French press agency.

Through this agreement, Market Wire enhances its compliance-based news distribution services for clients in the U.S. and Europe. As a result, Market Wire's alliance with CompanynewsGroup, a European leader in corporate news distribution, allows it to further offer its clients an even more comprehensive network that includes Europe's professional financial information platforms, direct feeds to main European news agencies, and leading portals and websites such as Wanadoo, Yahoo!, Tiscali, AOL, MSN and Skynet.

"We continue to broaden the depth and reach of our distribution to better serve our clients," said Jim McGovern, president and CEO of Market Wire. "This latest partnership with CompanynewsGroup further positions Market Wire as a leader in the newswire industry not only in the U.S. but also throughout Europe."

This important agreement complements Market Wire's other strategic alliances: with NASDAQ, whereby Market Wire became the preferred provider of press release distribution services to NASDAQ-listed companies; with the London Stock Exchange's Regulatory News Service (RNS); and with DGAP, which is part-owned by the German Stock Exchange (Deutsche Börse).

About CompanynewsGroup

CompanynewsGroup was created in January 1999 and is a subsidiary of L'Agéfi and Agence France Presse (A.F.P.) the French press agency. CompanynewsGroup, now the European leader in corporate news distribution, simultaneously disseminates full-text press releases and financial statements to the investment community, media professionals and the public. CompanynewsGroup distributes news from nearly 3,000 companies to major disclosure points, including global information vendors, high-profile Internet portals and online databases. In addition to its news distribution services CompanynewsGroup offers IR Officers a full range of interactive IR solutions: translations, dedicated websites, document conversions, stock quotes.

For more information, please visit www.companynewsgroup.com.

About Market Wire

Market Wire is a full-service distributor of company press releases and financial news announcements. Market Wire offers far and away the best value in the newswire industry, boasting the most secure, cost-effective and comprehensive distribution of news with real-time news feeds to AP, Dow Jones, Bloomberg, Reuters, Yahoo!, CBS MarketWatch, AOL, MSN, MSNBC, Motley Fool, Lexis-Nexis, Factiva, and thousands of other leading Web sites, newswires and databases. Market Wire's news also is directly integrated into the editorial systems of newspapers and broadcast outlets, and is sent to more than 30,000 individual journalists. The Company has more than 3,000 clients. In April 2003, the Company entered into an alliance with NASDAQ, whereby Market Wire became the preferred provider of press release distribution services to NASDAQ-listed companies.

A full listing of the company's products and specific distribution points can be found at www.marketwire.com.

Contact Information