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BREAKTHROUGH INFORMATION SERVICE DELIVERS NASDAQ COMPANY NEWS BY FAX

 /ADVANCE/ NEW YORK, April 5 /PRNewswire/ -- PR Newswire, the largest distributor of full-text news releases for corporate America, today introduced a NASDAQ and over-the-counter news service, OTC On-Call(SM), which is delivered by facsimile, free to the general public and investors.
 Named "OTC On-Call," the service debuts May 6 in Investor's Business Daily and will provide callers direct access, via an "800" number, to the latest news releases of NASDAQ and pink sheet companies who have listed their stories on the service. The number is 800-OTC-8050.
 "We view this as an outstanding opportunity for smaller capitalized companies to finally make their news available to those investors who comprise their target market, said John Williams, senior vice president at PR Newswire.
 "They historically receive little or no publicity outside of their immediate industry sphere, limiting their exposure to potential investors. Now, everyone who has a phone and a fax can call and get the news that might result in an investment - at no charge to the caller," Williams stated. PR Newswire is charging customers $295 for the listing which will be carried in IBD.
 PR Newswire is the largest and most widely used electronic disseminator of full-text corporate news to the media and the financial community. Since 1989, the firm has been providing broadcast fax and fax-on-demand services for its members, and owns and operates one of the most advanced fax systems available today.
 -0- 04/05/93
 /CONTACT: John Williams, senior vice president of PR Newswire, 212-596-1520, or 800-832-5522, ext. 520/


CO: PR Newswire ST: New York IN: PUB SU: PDT

SH-AH -- NY001B -- 2617 04/02/93 15:42 EST
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 2, 1993
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