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Survey Reveals Importance of Corporate Annual Reports.

RED BANK, N.J., Oct. 10 /PRNewswire/ -- In an annual report survey, three-out-of-four participants agreed that the annual report is the single most important publication a public company produces. The study was conducted by WthumSmith+Brown (WS+B), a regional New Jersey CPA firm, and included over one hundred individual investors, portfolio managers and securities analysts. Survey results were recently published by MGT Design, a visual communications firm in Watchung, NJ.

Nearly 79% of all survey participants agreed that annual reports are an important tool in making investment decisions about companies. And, 90% of all participants agreed that annual reports should contain additional information facing the company and its industry, such as sustainability of the environment or corporate governance, and not just the company's financial and shareholder issues.

In addition, 81% of all participants prefer a printed annual report versus one in an electronic format. By audience, 75% of investors prefer a printed version and 94% of portfolio managers and securities analysts (combined) favor the printed format as well. Respondents cited that printed annual reports are easier to read, easier to file for future reference, and easier to highlight, mark up and take notes on, in addition to being more mobile than an electronic version.

The complete survey results are available free on the WS+B Web site at http://www.withum.com/ or the MGT Design Web site at http://www.mgtdesign.com/arsurvey.

Founded in 1974, WS+B is one of the largest regional accounting and consulting firms in the tristate area, providing public companies with compliance services to maintain publicly-held status, including SEC accounting and auditing compliance, transaction reporting and communications with audit committees.

MGT Design, Inc. is a marketing communications firm specializing in the design of annual reports for public companies.

CONTACT: Rhonda Maraziti, WithumSmith+Brown, +1-732-842-3113, rmaraziti@withum.com; Anne Giacalone, MGT Design, +1-908-322-7707 x-11, anne@mgtdesign.com

Web site: http://www.mgtdesign.com/ http://www.withum.com/ http://www.mgtdesign.com/arsurvey
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Publication:PR Newswire
Date:Oct 10, 2006
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