NASDAQ OMX Corporate Solutions partners with China PRNews to bring global news distribution to Chinese companies

NASDAQ OMX Corporate Solutions partners with China PRNews to bring global news distribution to Chinese companies

05/03/2012

 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.