Business Wire Forms Strategic Alliance With CompanyNews, France's Leading Multi-Channel Corporate News Distribution Service.SAN FRANCISCO--(BUSINESS WIRE)--October 21, 1999-- Business Wire has entered into a sales, marketing and distribution agreement with CompanyNews, France's leading multi-channel distributor of corporate news to the media and investment community. CompanyNews is a subsidiary of the influential financial publisher Agefi and Agence France-Presse Agence France-Presse (AFP) French cooperative news agency. Based in Paris, it has roots in the Bureau Havas, created in 1832, which in 1835 became the Agence Havas, the world's first true news agency. , France's international news agency. The company offers the most comprehensive commercial news distribution available in the French market, providing exclusive access to the AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. media network, posting to its own and other heavily trafficked news and financial websites, redistribution agreements with leading online services and financial information providers, availability on a half-dozen channels on the popular Minitel system, and customized delivery via fax, e-mail and GSM (cellular telephone network). "Our affiliation with CompanyNews provides Business Wire with a major competitive advantage in the important French market," said Cathy Baron Tamraz, executive vice president of Business Wire. "CompanyNews' exclusive access to the Agence France-Presse media network, coupled with its unique multi-pronged distribution strategy that features state-of-the-art technology, means that Business Wire members now enjoy unparalleled reach in one of Europe's most important markets." "We have quickly established ourselves as a recognized and respected source of corporate information for the news media, professional and individual investors, financial analysts, and others interested in strategic marketing intelligence," said Nicolas Raynier, managing director, CompanyNews. "We have formed relationships with the Paris Bourse Paris Bourse National stock market of France. and the major French media." Visitors to the CompanyNews web site (http://www.companynews.fr) are able to access information via several criteria including "themes" (e.g. earnings, mergers), economic sectors (e.g. energy), and other specialized categories and classifications. There is a free e-mail See Internet e-mail service. alert service and releases are archived at no additional charge. Launched in January 1999, more than 1500 companies have already registered with CompanyNews. The company is an official associate member of the Nouveau Marche Nouveau Marche An equity market unit of the Paris Bourse that deals solely in innovative, high-growth companies. (Bourse bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. de Paris), and is recognized by France's major regulatory agencies regulatory agencyIndependent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. , including the Societe des Bourses Francaises. Business Wire, the global leader in news distribution with a satellite reach of some 100 countries, was founded in 1961 by Lorry I. Lokey, its president and 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. The company electronically disseminates full-text news releases to the news media, the Internet, online services and databases, and the worldwide investment community. Business Wire has 26 domestic offices and an international hub in Brussels. L'Agefi is a group that specializes in financial news for the investment community. It publishes the daily L'Agefi, the monthly M&F (Management & Finance), produces seminars and directories, and is increasingly active in electronic publishing An umbrella term for non-paper publishing, which includes publishing online or on media such as CDs and DVDs. ventures. Agence France-Presse produces a general news service covering events worldwide in six languages (French, English, German, Spanish, Portuguese and Arabic). The agency also has two real-time newswires in French offering economic and financial information. |
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