NEW YORK, BEIJING and HONG KONG, March 5, 2012 (GLOBE NEWSWIRE) -- NASDAQ OMX Corporate Solutions today announced that its leading newswire, GlobeNewswire, will broaden its long-term partnership with China PRNews to bring global news distribution to Chinese companies. Through this agreement, China PRNews will offer GlobeNewswire's robust global distribution platform to its clients in China and provide Chinese companies with greater visibility opportunities outside of their market.
The relationship between GlobeNewswire and China PRNews is longstanding – since 2006, they have collaborated on several initiatives to increase the visibility of companies from around the world within China.
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the general public. GlobeNewswire's extensive distribution network currently reaches more than 4,000 media outlets and 1.5 million financial desktops globally.
China PRnews is one of the strongest news distribution and media monitoring platforms in China, serving more than 3,000 prestigious Chinese companies and organizations. Its broad coverage of Chinese local media has been highly recognized by the industry, customers and partners since its inception in 2004.
Demetrios Skalkotos, Senior Vice President, NASDAQ OMX Corporate Solutions: "NASDAQ OMX Corporate Solutions continues to look for ways to help Asian companies minimize risk, maximize efficiency and increase transparency with relevant tools and solutions for PR, IR and governance professionals. Through our daily work with the leading Chinese companies listed on our exchange, we recognized the need for greater visibility channels for Chinese companies globally. We're excited to expand our relationship with China PRNews and offer GlobeNewswire's far-reaching distribution platform to Chinese companies looking to target markets outside their own."
Forrest, Xiangning Zhang, Chairman of China PRnews: "The need for Chinese companies to establish global public relations and investor relations coverage has become increasingly prominent. You can't expect a customer to buy or an investor to invest if they know nothing about a company. The globalization process has put China into the direct trade and investment scope of the world market. Our strong partnership with GlobeNewswire under NASDAQ OMX Corporate Solutions allows China PRnews to offer easy and efficient ways to distribute Chinese companies' news to the global community, providing the world with rich and first hand information about China. We are excited to broaden our long-term partnership with GlobeNewswire."
In a continued effort to provide Asian companies with the localized tools necessary to help them be more efficient and transparent public companies, NASDAQ OMX Corporate Solutions also recently announced the appointment of Dan Wadsworth, Vice President of Corporate Solutions, based in Hong Kong.
About NASDAQ OMX Corporate Solutions
NASDAQ OMX Corporate Solutions leads the industry with innovative products and services that power global business communications for today's forward-thinking public and private companies. NASDAQ OMX is the first and only exchange company dedicated to owning and operating a core platform of products that help companies minimize risk, maximize efficiency, and increase transparency. A majority of NASDAQ-100 companies have relied on our products and services to enhance their corporate communications, investor relations and board support. For more information on NASDAQ OMX Corporate Solutions, please visit http://www.nasdaqomx.com/whatwedo/corporatesolutions/.
About NASDAQ OMX
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies with revolutionary technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to traffic more than 1 million messages per second at sub-80 microsecond speeds with 99.999% uptime, our technology drives more than 70 exchanges in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to 3,400 listed companies worth $5.1 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. Visit us on Facebook and www.nasdaqomx.com. Symbol: NDAQ and S&P 500
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX Corporate Solutions' partnership with China PRNews and NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
About China PRnews
China PRnews operates a full-text and multi-media news announcements distribution service to assist companies and organizations, public or private, in delivering news releases to targeted financial and general media, as well as market-makers and the public. With its developing distribution coverage, fast customer acquisition and IR/PR expertise, China PRnews has been growing quickly since its inception in 2004. Working closely with its media partners, which includes hundreds of Chinese online media, thousands of Chinese traditional media, as well as world famous international media, China PRnews has become one of the strongest and most recognized news distribution and media monitoring platform in China. Haier, TCL, Hisense and other 3000-plus Chinese prestigious companies, are using the services from China PRnews. For more information about China PRnews, please visit http://www.PRnews.cn.
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