Portfolio Managers Cite Web-Based Communications as Crucial Component of Investor Relations.Business Editors BOSTON--(BUSINESS WIRE)--Jan. 23, 2004 CCBN CCBN Central Coast Bancorp CCBN Charles County Business Network and Rivel Riv´el v. t. 1. To contract into wrinkles; to shrivel; to shrink; as, riveled fruit; riveled flowers s>. [ imp. & p. p. os> r>; p. pr. & vb. n. os> n. Survey Reveals User Behavior and Gauges Importance of Web Site Elements One-third of portfolio managers indicated in a survey issued today that they access corporate Web sites at least once a day, underscoring the importance that Web-based communications play in investor relations Investor relations The process by which the corporation communicates with its investors. . In addition, one-third of respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. also indicated that corporate Web sites have become more important since Sarbanes-Oxley and other regulations have gone into effect. The survey, conducted by Rivel Research Group, was sponsored by CCBN, the leader in Internet-based investor communications services. Eighty-seven percent of those surveyed indicated that conference calls and webcasts were the most important features on a corporate Web site. Professional investors also looked for detailed financial data, investor presentations, press releases, annual/quarterly reports, and transcripts of conference calls and webcasts among the information they need to access. Drawbacks to corporate Web sites that portfolio managers noted included poor navigation, information that is hard to find, and insufficient or outdated out·dat·ed adj. Out-of-date; old-fashioned. outdated Adjective old-fashioned or obsolete Adj. 1. information. "In today's investment environment, the IR Web site has become a mission critical application, not only for regulatory compliance but for meeting the information needs of investors," said Greg GREG Great Egg Harbor National Scenic and Recreational River (US National Park Service) Radner, VP of marketing, CCBN. "The results of our study show that investors rely heavily on Web-based communications to help them make informed investment decisions. Companies can utilize this information to ensure that they are providing the type of robust and interactive information investors are 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. ." NOTE FOR EDITORS: Complete results and methodology of the study are available by contacting Rivel Research Group at www.rivel.com or 203-226-0800. About Rivel Research Group Rivel Research Group is the only firm that specializes in delivering marketing research solutions through in-depth measurements of the investment community. Their experienced staff provides the well-informed, unbiased and strategically relevant intelligence businesses need to stay a step ahead of the competition. The comprehensive information that Rivel supplies guides companies in evaluating performance, formulating strategy and identifying opportunities. About CCBN CCBN (Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. Broadcast Network) is an entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. success story in the rapidly growing industry of Internet-based corporate communications. Today, CCBN is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. CCBN's investor relations Web site hosting, webcasting, and disclosure services are utilized by corporate communications professionals at over 3,000 companies to deliver critical information via interactive and multi-media solutions. CCBN's StreetEvents service offers institutional and individual investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool subscribed to by over 15,000 Wall Street professionals. Headquartered in Boston, MA, CCBN has additional offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and London. For more information, please visit www.ccbn.com. |
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