Contact Information: For additional information: Paolina Milana Market Wire (310) 846-3760 pmilana@marketwire.com Thom Brodeur Brodeur Worldwide (602) 808-1165 tbrodeur@brodeur.com
Leading U.S.-Based Newswire Service Expands Global Distribution via Strategic Agreement With CompanynewsGroup
Market Wire Broadens Distribution in France, Spain, Italy and Belgium
| Source: Market Wire
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.