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Business Wire Expands Regulatory Compliance Solutions for German Listed Companies.


FRANKFURT, Germany -- Business Wire today announced a total disclosure solution for German listed companies, introducing a full suite of compliance services designed to meet the strictly defined disclosure requirements of the BaFin, Germany's financial markets regulator.

As the only international disclosure service with a Frankfurt office, Business Wire is uniquely positioned to serve as a "one-stop shop One-Stop Shop

A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers.
," enabling German companies to consolidate their regulatory compliance and worldwide media distribution activities through one globally-branded service provider. With its expanded portfolio of Germany-specific IR solutions, companies listed on the Deutsche Boerse or any of Germany's other half-dozen equities exchanges are now able to rely on Business Wire to satisfy all statutory notification obligations. Business Wire is an official listing partner of the Deutsche Boerse.

Business Wire's menu of disclosure products include distribution to all major market-moving news services and desktop terminal networks, financial portals and websites, the centralized German company register (Unternehmensregister), and Business Wire's industry-leading "Best Practices" TOD pan-European media network.

Business Wire's German disclosure options include:

Ad Hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode.  Disclosure: Primary and secondary-listed companies are able to fulfill BaFin disclosure standards in German or English.

Total Voting Rights Voting rights

The right to vote on matters that are put to a vote of security holders. For example the right to vote for directors.


voting rights

The type of voting and the amount of control held by the owners of a class of stock.
: Meets u 21 WpHG requirements, which stipulate that issuers must disseminate total voting rights based on movement within strictly defined parameters. In accordance with u 26a WpHG, an updated total voting rights declaration must be disseminated at the end of any month when changes have occurred.

Financial News: Satisfies uu 37v ff. WpHG, which requires issuers to disseminate half-year, intermediate and annual reports as well as other financial statements (e.g. intermediate reports of the management) on a pan-European basis.

Directors' Dealings: Enables members of corporate, executive, and supervisory boards, as well as personally liable partners of German exchange-listed companies, to satisfy all requirements pursuant to u 15a WpHG. Reports detailing share transactions by key management and other knowledgeable corporate "insiders" are forwarded to the German Federal Financial Supervisory Authority (BaFin). A 30-day client-specific archive is included.

WpouG: Provides a compliance platform for alerting the marketplace to merger and acquisition-related activities, in accordance with relevant provisions of the Securities Acquisition and Takeover Act.

Deutsche Borse Exchange Reporting Service (ERS ERS,
n.pr See extended rotated side-bent.
): Submission of electronic filings of regulatory and corporate documents to Frankfurt Stock Exchange Frankfurt Stock Exchange

The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS.
. Prime and General Standard Segment companies (voluntary for General Standard issuers) are able to file Quarterly Reports, Annual Reports, Corporate Calendars, Dividends and Corporate Actions via Business Wire to the ERS system.

"Business Wire's portfolio of compliance products means that German companies no longer have to deal with multiple service providers in coordinating different aspects of their communications plan," said Michael Becker, Business Wire's vice president, global disclosure and financial reporting services. "Our single-point-of-contact solution for local regulatory disclosure, regional, and worldwide media coverage enables busy IR practitioners and corporate communicators to focus on the message, rather than the complex logistics, of a project. No one else equals Business Wire's ease-of-use, cost-effectiveness, or global reach."

In addition to its compliance services, Business Wire offers the most

extensive coverage of the German media and financial community via a combination of leading news agency and financial information platforms, including network access agreements with vwd, ddp, Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 and Agence-France Presse.

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 See Information Systems. , 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 XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
, XHTML (EXtensible HTML) A markup language for Web pages from the W3C. XHTML combines HTML and XML into a single format (HTML 4.0 and XML 1.0). Like XML, XHTML can be extended with proprietary tags. Also like XML, XHTML must be coded more rigorously than HTML.  and XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts.  code to deliver the most sophisticated news file to enhance news release interactivity, customization and search engine optimization Designing a Web site so that search engines easily find the pages and index them. The goal is to have your page be in the top 10 results of a search. Optimization includes the choice of words used in the text paragraphs and the placement of those words on the page, both visible and hidden . Business Wire has 30 bureaus in cities including 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
, 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 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 (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. .
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 2007
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