Business Wire Awarded Patent for Its State-of-the-Art NX News Delivery Technology.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 -- The U.S. Patent and Trademark Office has awarded a patent to Business Wire for its proprietary, Internet-based "NX" news delivery system, formally recognizing the simultaneous, real-time capability of Business Wire's multilingual and multimedia distribution platform. Launched in September 2003, NX has emerged as the global news industry's de facto [Latin, In fact.] In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate. transmission standard. The system was researched and developed in-house by Business Wire's San Francisco-based technology team, under the direction of CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Steve Messick, the NX network architect. "NX is unique in that it is the first internet based architecture for reliable, simultaneous delivery of disclosure information to the media and financial community. NX operates as a client installed Internet appliance Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup. . NX is fast, secure, self diagnosing, and can be fully managed by a remote network control facility," said Messick. "We are very proud to have received this patent," said Cathy Baron Tamraz, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Business Wire. "It is a solid endorsement of our on-going commitment to be the innovative leader in the news industry and set the gold standard for our industry." NX enables Business Wire to simultaneously deliver encrypted data--up to 100 news releases timed to the exact minute--to a dedicated network worldwide. Bi-directional monitoring enables Business Wire to remotely confirm receipt of all data. NX serves as the backbone of Business Wire's worldwide regulatory disclosure networks; it enables interlisted companies to reach multiple financial markets with multilingual material news announcements, simultaneously and in real-time. Business Wire plans to license its NX technology to news agencies and financial information providers; the company has already received unsolicited expressions of interest. About Business Wire Business Wire, a Berkshire Hathaway Berkshire Hathaway (NYSE: BRKA, NYSE: BRKB) is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. company, was founded in 1961 by chairman Lorry I. Lokey, veteran journalist 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 executive. Cathy Baron Tamraz is president and CEO of the company. The company's multi-channel delivery network, with access to some 60 international and national news agencies, financial information providers and Web-based news services throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia, Latin America, the Middle East and Africa, provides real-time, simultaneous access to key audiences -- the news media, trade publications, institutional and individual investors, business-to-business decision-makers and consumers. Business Wire electronically disseminates some 1,000 full-text news releases daily to the media, the Internet, online services and databases, and the global investment community in 150 countries in 45 languages. Business Wire has 24 U.S. offices, Paris, Frankfurt, London, Brussels, Tokyo and Sydney offices, and reciprocal offices throughout the world. |
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