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PR NEWSWIRE SERVICE GIVES NASDAQ COMPANIES INCREASED VISIBILITY

 NEW YORK, May 5 /PRNewswire/ -- PR Newswire today introduced a novel advertising/editorial retrieval program for over-the-counter companies, which allows callers to receive free, full-text news stories by facsimile.
 Utilizing a menu-driven advertisement under the heading "OTC On-Call" in Investor's Business Daily, PR Newswire lists a minimum of 40 companies which have released news. From that, readers also are given the stock symbol, story headline and a five-digit reference number to select the story or stories they would like to see.
 There is no charge when calls are made to the access number, 800-OTC-8050. Companies which ask for a listing are charged $295 and their stories are retrievable for two weeks.
 PR Newswire Senior Vice President John Williams said Nasdaq companies had shown a high level of interest in the product because of the "guaranteed placement" of the ad and its positioning adjacent to the Nasdaq listings in Investor's Business Daily. Future plans call for similar services for American- and New York Stock Exchange-listed firms, he said.
 PR Newswire is the largest and most widely used distributor of corporate news to the media, meeting the needs of investor relations, public relations and other communications professionals since 1954. With 19 offices throughout the United States, and affiliates around the globe, PRN is able to transmit releases to virtually any location specified by clients.
 -0- 5/5/93
 /CONTACT: John Williams, senior vice president of PR Newswire, 800-832-5522, ext. 520, or 212-596-1520/


CO: PR Newswire ST: New York IN: PUB SU: PDT

SM-GK -- NY001A -- 4813 05/05/93 11:07 EDT
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Publication:PR Newswire
Date:May 5, 1993
Words:259
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