Clear, Easy to Use Summaries of Corporate Filings Launched by Pargh Business Notes; Unique Product Addresses Investor Demand for Simplicity and Clarity.Business Editors NEW YORK--(BUSINESS WIRE)--July 8, 2003 As perceptions of corporate leadership and its commitment to upholding best practices have significantly eroded e·rode v. e·rod·ed, e·rod·ing, e·rodes v.tr. 1. To wear (something) away by or as if by abrasion: Waves eroded the shore. 2. To eat into; corrode. , investors are increasingly demanding improved transparency and clarity in corporate financial reports. A turnkey solution launched today by Pargh Business Notes(TM) allows companies to actively answer that call by translating the complex SEC filings into clear, "no spin" summaries that investors and analysts will find straightforward and easy to use. Companies are constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new ways to enhance investor confidence and strengthen the relationship between themselves and investors. Pargh Business Notes(TM) offers a public company a way to differentiate itself from its peers and extract additional value from mandatory filing documents. Pargh Business Notes is the first top-line summary of corporate filings that aims to assist companies in making their SEC filings -- such as the 10Q, 10K, and proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. -- more investor friendly. "Companies are doing themselves a tremendous disservice dis·ser·vice n. A harmful action; an injury. disservice Noun a harmful action Noun 1. by making corporate filings increasingly onerous to read and decipher Same as decrypt. ," commented Edie Pargh, President of Pargh Business Notes. She added, "This is a market that rewards companies willing to make that extra effort to communicate in a straightforward manner. We work on behalf of the company to create a supplement to their SEC filing that investors at every level of expertise find simple, clear and a quick read." Pargh's experienced financial writers work from the original document to create a summary that maintains the integrity of the filing, but is as much as 70% to 80% shorter. The process requires little additional time from a company's communications or legal departments but results in a document with a far broader reach. The finished supplement is provided to the client company in both Web-ready and electronic print formats to facilitate distribution across multiple outlets. For additional information about Pargh Business Notes, please contact Neal Yohay, Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , at 516-623-1000, or Edie Pargh at 516-771-9161. About Pargh Business Notes Pargh Business Notes was created in 2002 by Pargh Communications Inc. in response to the worsening wors·en tr. & intr.v. wors·ened, wors·en·ing, wors·ens To make or become worse. Noun 1. worsening - process of changing to an inferior state decline in quality, deterioration, declension corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. crisis and fears that corporate managements were no longer acting in the best interest of shareholders. Company founders are communication experts who understand the importance of building and maintaining public trust. |
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