Business Wire Doubles New York Office Space to Accommodate Recent Growth.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com NEW YORK--(BUSINESS WIRE)--Nov. 19, 2001 Reflecting its rapid growth in recent years, Business Wire has doubled the size of its 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 office, which also serves as the commercial news service's Eastern division headquarters, 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. , announced today. Business Wire has relocated to two floors at 40 East 52nd Street in midtown Manhattan. Previously, the company occupied one floor in the same building, which it moved into in 1996. The New York office is home to some 75 employees, including senior management, sales, marketing, editorial, technical and media relations staff. The move enables Business Wire to significantly expand the space allocation for several major operational units, including editorial, the data center, and the photo/multimedia desk. As one of Business Wire's key operational hubs, the New York office is staffed 24/7/365. "Coincidentally, our move coincided with our recent 40th anniversary," observed Tamraz. "Our expansion has been made possible by the strong support of New York's investor relations Investor relations The process by which the corporation communicates with its investors. 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 community, which has helped us grow into the market leader." Based in 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 , Business Wire entered the New York market in 1980. Today, the New York office is the largest revenue producer and accounts for one quarter of Business Wire's total revenues. Phyllis Dantuono, senior vice president, national bureaus and New York regional manager, has managerial responsibility for the New York office. Business Wire retained the architectural firm An architectural firm is a company which employs one or more licensed architects and practices the profession of architecture. History Architects (master builders) have existed since early in recorded history. The earliest recorded architects include Imhotep (c. Alan Gaynor & Company to design the new space. ABOUT BUSINESS WIRE: Founded in 1961 by its president, Lorry I. Lokey, veteran journalist and public relations executive, Business Wire has network access to more than 60 international and national newswires, financial information providers, and web-based news services throughout North America, Europe, Asia, Latin America, the Middle East and Africa. With content from more than 34,000 organizations, including major U.S. corporations, Fortune 1000 and 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 companies, Business Wire remains the fastest growing and largest independent commercial newswire in the world. The company electronically disseminates full-text news releases simultaneously to the news media, the Internet, online services and databases, and the global investment community. Business Wire has 26 U.S. offices, Frankfurt, London and Brussels offices, and reciprocal offices worldwide. 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.111901/bb1 |
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