Business Wire Expands European Disclosure Footprint to 11 Markets with Launch of Compliance Networks in Denmark and Finland.

NEW YORK -- Business Wire, Europe's pre-eminent regulatory disclosure service provider, today announced the launch of electronic compliance networks in Finland and Denmark, bringing to 11 the number of markets where it is capable of meeting national disclosure obligations.

Business Wire has moved aggressively to set up discrete disclosure networks in key financial markets since the European Union's implementation of the Transparency Obligations Directive ["TOD"] in January 2007. The TOD seeks to create harmonized pan-European disclosure standards throughout the EU's 27 Member States.

In addition to the new Nordic markets, Business Wire is either officially sanctioned by local securities regulators, or meets statutory requirements, in the following EU markets: Belgium, France, Germany, Ireland, Luxembourg, Sweden, The Netherlands, and The United Kingdom. Business Wire also meets disclosure in Switzerland, a non EU-member.

The Scandinavian expansion reflects Business Wire's strategic commitment to provide public companies in Europe with country-specific disclosure options. Business Wire operates more disclosure networks globally than any other service provider.

Business Wire's patented news delivery platform, "NX," allows for simultaneous, real-time delivery of multilingual copy, enabling inter-listed companies to disclose price-sensitive information to investors in multiple jurisdictions.

The market response to Business Wire's value-oriented disclosure initiative has been enthusiastic. In France, for example, Business Wire is approaching 40 percent of the CAC 40 companies.

"Our strong local office presence, particularly in London, Paris and Frankfurt, coupled with our unique 'best practices' wire distribution network reaching pan-European media, has strong appeal to European companies seeking to comply with the spirit and intent of the Transparency Directive," said Michael Becker, Business Wire's vice president, global disclosure. "Business Wire's privileged relationships with key news providers and comprehensive online reach have proven to be key points of differentiation in a very competitive marketplace."

About Business Wire

Business Wire, a Berkshire Hathaway company, is utilized by thousands of member companies and organizations to transmit their full-text news releases, regulatory filings, photos and other multimedia content to journalists, news media, trade publications, institutional and individual investors, financial information services, regulatory authorities, Internet portals, information web sites, business-to-business decision-makers and consumers worldwide. With a news distribution network spanning 150 countries and 45 languages, Business Wire's multi-channel delivery network has access to some 60 international and national news agency networks throughout the Americas, Europe, Asia, the Middle East and Africa.

The Business Wire news network is powered by its patented NX high-speed data platform and supports XML, XHTML and XBRL code to deliver the most sophisticated news file to enhance news release interactivity, customization and search engine optimization. Business Wire has 30 bureaus in cities including New York, San Francisco, Los Angeles, Chicago, Boston, Miami, Paris, Frankfurt, London, Brussels, Tokyo and Sydney with reciprocal offices throughout the world. Business Wire was founded in 1961 by Chairman Lorry I. Lokey, veteran journalist and public relations executive. Cathy Baron Tamraz is president and CEO.