|By PR Newswire||
|November 27, 2012 08:50 AM EST||
NEW YORK, Nov. 27, 2012 /PRNewswire/ -- OTC Markets Group (OTCQX: OTCM), the operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities, and PR Newswire, the global leader of innovative marketing, communications and investor relations solutions, today announced a strategic partnership that will provide OTCQX, OTCQB and OTC Pink companies a seamless and cost-effective way to broaden the dissemination of company news and information to investors and mitigate SEC risk.
PR Newswire has integrated its news distribution service with OTC Markets Group's OTCIQ.com, an IR and business intelligence portal for OTCQX, OTCQB and OTC Pink companies. This integration enables OTCIQ.com subscribers, including SEC reporting companies, to comply with disclosure requirements by providing convenient access to the tools needed to communicate timely information to analysts, investors and the media.
This new premium offering gives OTCIQ.com subscribers the ability to maximize the distribution of their news through PR Newswire's expansive network, including local and national media outlets, websites, online databases and Reg. FD compliant news portals, as well as through the OTC Disclosure & News Service network of broker-dealers, market data providers and financial websites.
"The integration of OTCIQ.com with PR Newswire provides OTCQX, OTCQB, and OTC Pink traded companies with an enhanced news distribution service and single point of access to distribute news and information and meet disclosure requirements," said R. Cromwell Coulson, CEO of OTC Markets Group. "This new feature will streamline the communications process for companies and better enable their investors to efficiently analyze, value and trade securities traded on our marketplace. We are always looking for ways to improve the transparency and connectivity of our platform."
In December, PR Newswire will further this integration by feeding the press releases of OTCIQ.com subscribers to the OTC Disclosure & News Service. As a result, companies will have the option of using OTCIQ.com or PR Newswire to distribute press releases. OTCQX companies that were previously required to upload their press releases to both interfaces will now also have the option to choose one platform for news distribution.
"The seamless integration of our distribution portal within OTCIQ.com helps OTCQX, OTCQB and OTC Pink companies overcome two of their biggest challenges - greater capital markets visibility and simplified shareholder communications workflow," said Liam Power, Senior Vice President at PR Newswire. "OTC Markets Group is keenly aware of its issuers' needs and we're pleased they have embedded PR Newswire as the solution for companies to reach investors, engage with media and continually drive their financial brands."
To learn more about the expanded news dissemination service and to see pricing, click here.
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 Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace.
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.
About PR Newswire
PR Newswire (www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry 58 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content — from rich media to online video to multimedia — and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world's enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.
Media Contact for OTC Markets Group:
Saskia Sidenfaden, Director of Corporate Communications, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
Media Contacts for PR Newswire:
Rachel Meranus, VP Marketing & Communications, PR Newswire, +1 (201) 360-6776, Rachel.Meranus@PRNewswire.com
Meryl Serouya, Marketing & Communications Associate, PR Newswire, +1 (201) 360-6009, Meryl.Serouya@prnewswire.com
SOURCE PR Newswire Association LLC; OTC Markets Group Inc.