NEW YORK, Feb. 7, 2014 (GLOBE NEWSWIRE) -- NASDAQ OMX's (Nasdaq:NDAQ), GlobeNewswire one of the world's largest news distribution services, and OTC Markets Group Inc. (OTCQX:OTCM) announced a strategic agreement that integrates GlobeNewswire's press release service with OTC Markets Group's OTC Disclosure & News Service®, providing seamless connectivity and expanded news distribution options for OTCQX®, OTCQB® and OTC Pink® companies.
"We are pleased to now offer integration of our OTC Disclosure & News Service with GlobeNewswire's news distribution service," said Lisabeth Heese, Managing Director of Issuer and Information Services for OTC Markets Group. "One of our chief goals at OTC Markets Group is to enhance and streamline the communications and SEC compliance process for OTCQX, OTCQB and OTC Pink companies, enabling them to cost-effectively reach a wider audience of U.S. investors, analysts, the media and other stakeholders. Our agreement with GlobeNewswire will allow us to further our efforts to bring transparency and efficiency to our market."
Companies can now use GlobeNewswire to publish press releases directly via OTC Markets Group's OTC Disclosure & News Service, which feeds a company's stock page at www.otcmarkets.com, market data distributors, investment databases and the broker-dealers who trade OTCQX, OTCQB and OTC Pink securities, eliminating duplication and maximizing distribution of company news and financial information.
"The integration with OTC Disclosure & News Service streamlines the disclosure process for our mutual clients at GlobeNewswire and OTC Markets Group," said Gaugarin Oliver, Vice President of PR Solutions, Corporate Solutions, NASDAQ OMX. "It allows OTCQX, OTCQB and OTC Pink companies to fulfill their compliance obligations with OTC Markets Group's Issuer Compliance Department and distribute press releases to the media and investment communities simultaneously through GlobeNewswire, now a one-stop solution for disclosure compliance and comprehensive newswire distribution."
Integration with GlobeNewswire's news distribution service is available only to OTCQX companies and OTCQB and OTC Pink companies that are customers of GlobeNewswire and OTC Markets Group's OTC Disclosure & News Service. To subscribe or to learn more about this new offering, visit http://www.otcmarkets.com/services/companies/disclosure-news/overview.
About NASDAQ OMX
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
GlobeNewswire, a NASDAQ OMX Company, is one of the world's largest newswire distribution networks. It specializes in the delivery of corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the general public. Utilizing the latest in communications technology, GlobeNewswire's multi-channel delivery network provides real-time, simultaneous access to key audiences around the globe, including daily newspapers, wire services, online services, databases, trade publications, institutional and individual investors, and consumers. Large public corporations, small businesses, professional organizations and PR agencies rely on GlobeNewswire to broadcast their most market moving news to a worldwide audience. For more information, visit www.globenewswire.com or call (800) 307-6627 or +1 (310) 642-6930.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX:OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link® ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
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 Globe Newswire 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.
CONTACT: Media Contacts: NASDAQ OMX Ryan Wells +1 (212) 231-5541 (office) +1 (646) 581-4286 (mobile) Ryan.Wells@NASDAQOMX.com OTC Markets Group Saskia Sidenfaden, Director of Corporate Communications +1 (212) 896-4428 (office) +1 (323) 605-3523 (mobile) Saskia@OTCMarkets.com