Bi-Coastal Tributes Mark Business Wire's 40th Anniversary Celebration.Business Editors NOTE TO MEDIA: Photos are available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com Video of NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on market opening and comments by COO Cathy Baron Tamraz will be available later today. SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden & NEW YORK--(BUSINESS WIRE)--Oct. 2, 2001 San Francisco Mayor Willie Brown The name Willie Brown may refer to:
COO Cathy Baron Tamraz Opens NASDAQ Trading Session in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Financial and political leaders nationwide paid tribute to Business Wire's 40th anniversary today with a series of ceremonial events honoring the commercial news service, which delivers corporate news electronically to institutional and individual investors, and traditional and online news media. Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Cathy Baron Tamraz officially opened NASDAQ's trading session at its MarketSite location in New York's Times Square. The milestone event was commemorated in San Francisco, where Business Wire is headquartered, as Mayor Willie Brown Jr. declared October 2 "Business Wire Day." The honor recognizes Business Wire's leadership as a corporate citizen, and the civic contributions of Lorry Lokey, Business Wire's founder, president, and chief executive officer, who has donated $90 million to Bay Area academic institutions and charitable organizations worldwide. An anniversary party that had been scheduled for this evening at New York's "Tavern On The Green Tavern on the Green is a restaurant located in Central Park, New York City. Of the several dining rooms, the most famous is the Crystal room with windows overlooking the garden. " has been postponed until the Spring out of respect to the victims of the recent terrorist attacks. "We're extremely honored to open NASDAQ trading today," said Tamraz. "A majority of the NASDAQ Top 100 companies are Business Wire clients, and many are our neighbors in Silicon Valley. "But of even greater importance, many of NASDAQ's most successful companies share the same humble origins as Business Wire," Tamraz continued. "The common denominator common denominator n. 1. Mathematics A quantity into which all the denominators of a set of fractions may be divided without a remainder. 2. A commonly shared theme or trait. is that we all had a sense of vision, entrepreneurship, and initiative that enabled us to become leaders in our respective industries." Business Wire was started by Lokey in 1961 as a Bay Area wire service reaching 16 media outlets. Today, Business Wire has access to some 60 international and national news agencies, financial information providers and web-based news services, and serves some 34,000 clients worldwide. Business Wire has evolved into a multimedia global news service with offices in Brussels, London and Frankfurt in addition to its 26 U.S. offices. The theme of Business Wire's anniversary celebration is "40 years of innovation." The company has pioneered numerous services over the years, including the first use of the AP PhotoExpress service for commercial photo satellite delivery (1993), the first commercial newswire to launch a website (1995), the launch of Newstream, the first multimedia service catering to online newsrooms (2000) and the introduction of the fastest media communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. in the industry (2000). For a complete Business Wire Timeline, go to http://businesswire.com/ci/ci-timeline.html One of Business Wire's most significant accomplishments came one year ago when it radically transformed the landscape for all investors by eliminating the traditional 15-minute delay that favored certain sectors of the investment community. "I'm most proud of the fact that Business Wire has been instrumental in creating a level playing field See net neutrality. for all investors," noted Lokey. "Our unilateral decision last October to deliver disclosure news real-time across all media platforms, prompted by the SEC's passage of Regulation FD, has meant that institutional and individual investors now have equal access to material news developments. "Today, all potential investors have simultaneous access to market-moving information," Lokey added. "Business Wire is proud to have been a catalyst in balancing the scales so that all market participants have the same investment opportunities." The festivities fes·tiv·i·ty n. pl. fes·tiv·i·ties 1. A joyous feast, holiday, or celebration; a festival. 2. The pleasure, joy, and gaiety of a festival or celebration. 3. will continue on Wednesday, October 10, when Business Wire hosts a seminar, "Media & PR, Then and Now" in San Francisco that reflects on how these industries have changed over the past four decades. Lokey will moderate a distinguished panel of current and former journalists and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most professionals. Recently, Business Wire awarded 10 $1,000 scholarships to public relations students across the country in a competition that was administered in cooperation with the PRSA PRSA Public Relations Society of America PRSA Personal Retirement Savings Account PRSA Puerto Rican Student Association PRSA Puerto Rican Studies Association PRSA Park and Recreation Service Area PRSA President of the Royal Scottish Academy and PRSSA PRSSA Public Relations Student Society of America . Looking ahead, Business Wire is poised for future growth by preparing for additional international expansion. "Financial markets worldwide are rethinking the rules regarding regulatory news announcements," Tamraz noted. "We've earned an excellent reputation as a corporate news service handling price-sensitive information; we look forward to leveraging new opportunities in Europe and elsewhere." About Business Wire: Business Wire is the fastest-growing and largest independent commercial newswire in the world. The privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. earned in excess of $150 million in revenues last year, and transmitted more than a quarter-million news releases. Business Wire is the industry marketshare leader, based on the relative percentage of releases transmitted by the major commercial newswires. Note: Photos are available at URLs: Lorry Lokey, Business Wire's founder, president, and chief executive officer: http://www.businesswire.com/cgi-bin/photo.cgi?pw.100201/bb3 NASDAQ, Times Square, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.100201/bb3a Chief Operating Officer Cathy Baron Tamraz officially opened NASDAQ's trading session: http://www.businesswire.com/cgi-bin/photo.cgi?pw.100201/bb3b "40 years of innovation." http://www.businesswire.com/cgi-bin/photo.cgi?pw.100201/bb3c NASDAQ Logo: http://www.businesswire.com/cgi-bin/photo.cgi?pw.100201/bb3d Official Proclamation: http://www.businesswire.com/cgi-bin/photo.cgi?pw.100201/bb3e |
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