Business Wire, CCBN.com Announce Strategic Alliance.Business Editors NOTE TO MEDIA: Logos are available in a Smart News Release(TM) on Business Wire's Home page at www.businesswire.com or on Newstream.com's Home page at www.newstream.com. 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 , CA and BOSTON, MA--(BUSINESS WIRE)--May 25, 2000 Innovative Products and Services to Strengthen Investor Relations Investor relations The process by which the corporation communicates with its investors. Community's Ability to Communicate Corporate News and Shareholder Information Business Wire (www.businesswire.com) and CCBN CCBN Central Coast Bancorp CCBN Charles County Business Network .com (www.ccbn.com) announced today that they have formed a strategic alliance to provide an unparalleled combination of first-in-class Web-based products and services to investor relations and corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. professionals. Business Wire will no longer offer its own brand of IR Web site services, but will instead team with the industry leader, CCBN to fill this need for its members. "This new alliance will provide Business Wire's members with access to leading IR Web site management as well as link them to CCBN's unique network of institutional and individual investors," said Cathy Baron Tamraz, 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. of Business Wire. "Providing top-quality investor relations products and services to our members and the media is the core of our business, and further solidifies our position as the premier Internet and satellite information distribution service in the world." "This partnership presents an extraordinary opportunity to accelerate the network effect that has made CCBN the premier exchange for direct communications between public companies and the investment community over the Internet," said Rob Adler, President of CCBN.com. "Having Business Wire promote CCBN services to its members will significantly extend our lead as the number one provider of outsourced investor relations Web sites." CCBN's state-of-the-art technology allows companies to post Webcasts, annual reports and news releases, as well as other financial information that investors have come to expect, to their Web sites in a cost efficient and timely manner. Under the new arrangement, Business Wire will market CCBN's Internet based IR solutions to its current and potential client base, offering them a way to communicate more effectively with their investors. CCBN has also recently partnered with leading financial portals Financial Portal A website that provides a variety of financial data and information, acting as an information hub for clients who are individual investors requiring timely financial news and data to make their investment decisions. , including America Online's Personal Finance Channel, Yahoo! Finance Raging rag·ing adj. 1. Very active and unpredicatable; volatile: a raging debate; a raging fire. 2. Remarkable; extraordinary: a raging hit on prime-time TV. Bull and Motley Fool, to give their clients direct access to the rapidly growing individual investment community. Business Wire (www.businesswire.com), which takes news delivery to new dimensions, was the first wire service to establish a presence on the Internet, and introduce myriad of proprietary online products that quickly and effectively deliver information to online and traditional media. As an early online pioneer to harness the Internet's power, Business Wire delivers the day's top news stories directly to the desktops of major decision-makers, management executives, public and investor relations professionals, and media from around the world. Business Wire's Web site averages more than one million visits daily, and its Internet products are mainstays in the communication arsenal of corporate communicators, investor relations 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, and journalists. About Business Wire Founded in 1961 by its president, Lorry I. Lokey, veteran journalist and public relations executive, Business Wire delivers more news from more sources to more destinations than any other service in the world. With content from more than 40,000 organizations, including Fortune 1000 and Nasdaq companies, Business Wire remains the fastest-growing and largest independent commercial news wire in the world. Business Wire's family of Web sites includes www.BusinessWire.com, www.tradeshownews.com, www.EntertainmentWire.com and the joint-venture multimedia news portal, www.newstream.com. With 26 U.S. bureaus, Business Wire's headquarters is in San Francisco with an eastern U.S. hub 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 , an international hub in Brussels and reciprocal Bilateral; two-sided; mutual; interchanged. Reciprocal obligations are duties owed by one individual to another and vice versa. A reciprocal contract is one in which the parties enter into mutual agreements. offices throughout the world. About CCBN.com Founded in 1997 by Jeff Parker Jeff Parker can refer to more than one person:
StreetEvents (www.streetevents.com), CCBN's event management service, offers access to the most comprehensive calendar of investment-related events and webcasts available to the financial community. Through partnerships with leading retail financial portals, CCBN delivers an unprecedented body of direct corporate information to one of the largest collective audiences in cyberspace Coined by William Gibson in his 1984 novel "Neuromancer," it is a futuristic computer network that people use by plugging their minds into it! The term now refers to the Internet or to the online or digital world in general. See Internet and virtual reality. Contrast with meatspace. . Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.052500/bb3 |
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