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PR NEWSWIRE AND FIRST CALL REACH A DISTRIBUTION AGREEMENT

 PR NEWSWIRE AND FIRST CALL REACH A DISTRIBUTION AGREEMENT
 NEW YORK, March 23 /PRNewswire/ -- PR Newswire and First Call Corporation announced today that they have reached an agreement to provide PR Newswire with direct distribution to the First Call (R) equity research network for First Call corporate clients.
 Under the agreement, full text of First Call's corporate clients can be delivered directly over the network by PR Newswire. The corporate news will be commingled with the research and comments of brokers from First Call's 34 contributing sell-side brokerage firms and is delivered to First Call subscribers at more than 800 institutions worldwide.
 "This agreement is of great and immediate benefit for PR Newswire and First Call customers," said Ian Capps, president of PR Newswire. "It provides PR Newswire with the ability to serve as a direct conduit for corporations to First Call's institutional audience at the same time as they release their news to media points around the country."
 "We are pleased to welcome PR Newswire as a direct distributor for First Call clients," said Peter E. Hall, general manager of First Call Corporate Services. "PR Newswire is recognized as one of the largest and most widely used media relations services. PR Newswire can now provide our mutual clients one-step delivery to handle media and disclosure needs and provide a direct link to institutional investors."
 First Call is the premier source of real-time equity research and corporate information to the worldwide financial community, including influential institutional investors managing mutual funds, pension funds, trusts, insurance portfolios and other major sources. Through First Call, clients can access the latest research notes, earnings estimates and fundamental data on more than 2,800 corporations, originating from the world's leading brokerage and investment research firms.
 PR Newswire is the largest and most widely used media relations service, meeting the needs of investor relations, public relations and other corporate professionals since 1954. It has been the preferred means for corporations to distribute releases that meet their timely disclosure obligations for the regulators and the markets. With 21 offices strategically located across the United States, and affiliates around the globe, PR Newswire is able to transmit releases to virtually any location specified by its clients.
 -0- 3/23/92
 /CONTACT: Ian Capps, president of PR Newswire, 800-832-5522, ext. 762, or Peter Hall, general manager of First Call Corp., 617-345-2242/ CO: PR Newswire; First Call ST: New York IN: PUB SU:


TQ-SM -- NY001B -- 0679 03/23/92 15:11 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 23, 1992
Words:412
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