Business Wire Enters Into Sales and Marketing Agreement With hemscott.NET, a Leading Online Business and Investment Services Provider.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--April 10, 2000 Business Wire announced today that it has entered into a sales and marketing agreement with hemscott.NET, a leading provider of comprehensive investment and business information and analysis on UK-listed companies. hemscott.NET will market Business Wire's worldwide media and investor relations Investor relations The process by which the corporation communicates with its investors. services to the UK corporate community. A dedicated sales team has been assembled to focus initially on the UK and subsequently Europe. "There is a tremendous synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. between Business Wire and hemscott.NET," said Cathy Baron Tamraz, Business Wire's 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. , in making the announcement. "Business Wire has successfully positioned itself as the leading international commercial business wire through its exclusive affiliations with many of the world's leading financial news agencies and information providers. hemscott.NET has clearly earned its reputation as the leading source of fundamental company data in the UK market. Together, we make a powerful team that is able to provide UK corporations with a sophisticated suite of investor relations and media services." Steven Phillips, hemscott.NET's Commercial Director, commented: "We've been providing Investor Relations platforms for UK PLC's since 1985 and have an established market presence. Business Wire is an important enhancement to the package we offer and we're delighted to represent them in the UK." Founded in 1961 by its 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. , 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, Business Wire, the global leader in news distribution, is a leading source of news on major U.S. corporations, including Fortune 1000 and Nasdaq companies. The company has 26 offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , with an international hub in Brussels and reciprocal offices around the world. Established as an ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. portal in July 1999, hemscott.NET owns and operates the Hemmington Scott database, having separated from the print business in January 2000 to concentrate on the distribution of financial, corporate and professional information via the Internet. The site offers a range of free information as well as subscription-only products and services to a customer base comprised mainly of members of the financial community, their professional advisors, and sophisticated investors. A second website, hemscottlegal.com, was established in November 1999 as a global legal portal which the Company is aiming to develop into a leading medium of communication between users and providers of legal services legal services n. the work performed by a lawyer for a client. . |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion