PR Newswire Launches Online Resource on Global Disclosure
PRNewswire-FirstCall
NEW YORK

With the increased focus on investor communication, communicators are finding it difficult to stay up-to-date on all the new developments. To facilitate better awareness, PR Newswire has launched a new online resource, www.disclosureresource.com, which provides access to comprehensive information on all aspects of global disclosure, the company announced today.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO )

www.disclosureresource.com, which has the support of both National Investor Relations Institute in the U.S. and the UK's Investor Relations Society, is a portal that provides up-to-date news, research and factual information on disclosure requirements, best practices and corporate governance. The site also includes: breaking news on issues covering government/regulatory, exchanges, corporations, accounting and investor relations; a detailed Guide To Disclosure with in-depth research on the disclosure regulations for more than 30 markets worldwide and interviews with investor relations officers (IRO) reporting on local disclosure practice; articles from expert sources; and links to partner sites. www.disclosureresource.com is a free service, but requires online registration.

Mark Hynes, Managing Director of Investor Relation Services for PR Newswire, said PR Newswire created this site to help IROs, investors, advisers and regulators stay abreast of changes in disclosure both on a local and global level.

"With the turmoil resulting from the corporate scandals in the U.S., the impending changes facing European disclosure, and the numerous international disclosure regulations, investor communication has never been more important," Hynes said. "At the same time, IROs face a daunting task of staying aware of the many rules and regulations, and investors need to understand how current and proposed laws might affect how they receive information from public companies on which they base their investment decisions."

At launch, www.disclosureresource.com will focus on disclosure issues in the Americas (United States, Canada, Brazil, Argentina, Mexico, Chile) and Western Europe. It will ultimately include the rest of Europe, Asia/Australia, Africa, and the Middle East.

Industry experts agree that education on best practices in disclosure is critical to markets worldwide. "IROs need to closely monitor not only regulatory changes but what their peers around the globe are doing in terms of communicating with their shareholder base," said Lou Thompson, President and CEO, National Investor Relations Institute. "The educational effort of www.disclosureresource.com complements the ongoing information flow from NIRI to its members and is a positive step towards helping public companies keep abreast of changes and best practices."

Natalie Evans, Head of Policy at the Investor Relations Society in London said, "We congratulate PR Newswire on this new initiative. www.disclosureresource.com will be an invaluable resource to investor relations officers working within a myriad of disclosure rules. The Investor Relations Society welcomes any efforts to improve standards of disclosure and transparency, not only across Europe but globally."

About PR Newswire Association LLC

PR Newswire Association LLC (www.prnewswire.com) provides electronic distribution, targeting and measurement services on behalf of some 40,000 customers worldwide who seek to reach the news media, the investment community and the general public with their up to the minute, full-text news developments. Established in 1954, PR Newswire has offices in fourteen countries and routinely sends its customers' news to outlets in 135 countries in 27 languages. Utilizing the latest in communications technology, PR Newswire content is considered a mainstay among news reporters and investors as well as increasing numbers of private individuals. PR Newswire is a subsidiary of United Business Media plc of London. PR Newswire is recognized as a disclosure mechanism in the United States, Canada and the United Kingdom and helps public companies worldwide reach institutional and retail investors.

About United Business Media Plc

United Business Media plc (www.unitedbusinessmedia.com) is a leading provider of business-to-business media solutions. Its products and services help companies around the world to meet their market information needs. UBM's businesses include NOP World, one of the largest market research groups globally; PR Newswire, the world's leading corporate news distribution service and CMP, the B2B media and exhibition group operating in focused markets sectors such as hi-tech, healthcare, property, entertainment, jewelry & fashion in the US, UK, Asia and Europe.

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SOURCE: PR Newswire

CONTACT: Rachel Asche, Director of Public Relations, PR Newswire,
+1-212-282-1929 or rachel.asche@prnewswire.com