NEW YORK, Feb. 8 /PRNewswire/ -- Newly public companies are able to meet
their disclosure requirements and to publicize new products and services
without constantly looking for more room in their budgets through PR
Newswire's new IPO Package.
The package provides IPOs with an unlimited number of U.S. news releases
for one low cost in their first six months as a public company.
"Newly public companies face many challenges, including meeting SEC
disclosure requirements, raising awareness among investors and managing their
new budget for investor relations. The new IPO Package will help these
companies simply and effectively ramp up their IR program," said Michelle M.
Savage, PRN's director of investor relations services. "While there was a
slowdown in the number of IPOs in the latter half of 1998, so far this year
we've seen a definite increase in the number of companies filing."
Companies, which must sign a one-year contract with PRN, may select any
U.S. news circuit, which reaches the traditional media, the investment
community, industry trade publications, PRN's popular main web site
http://www.prnewswire.com, and hundreds of premier web sites and online
databases including Yahoo!, PointCast, America Online and leading online
trading sites. No length charges apply for the first six months.
As part of the service, PRN provides free monitoring of Dow Jones and
Reuters news wires for stories following distribution of news releases in
addition to inviting all customers to informative investor relations seminars.
Company News On-Call, a complete Internet archive of news releases, is
available for a considerably reduced fee to members who sign up for the IPO
Package to assist them in building a web presence.
For more information or to sign up for this service, companies should call
their PRN account executive or 212-596-1526.
PR Newswire, http://www.prnewswire.com, remains the world leader in the
electronic distribution of news releases to the media and financial community
since founding the industry 45 years ago. With 29 bureaus across the United
States, five overseas bureaus through division PRN International and its vast
network of wire, fax, e-mail and Internet delivery, PRN serves the news
release needs of public relations and investor relations professionals
worldwide.
For more information, please contact: Michelle M. Savage, PR Newswire's
director of investor relations services at 212-596-1526,
Michelle_Savage@prnewswire.com; or Renu K. Aldrich, PRN's PR manager at
212-282-1929, 800-503-2654 (pager), or Renu_Aldrich@prnewswire.com.
SOURCE PR Newswire
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Related links:
http://www.prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/106115.html or fax,
800-758-5804, ext. 106115
CONTACT:
Michelle M. Savage, director of investor
relations services, 212-596-1526, or
Michelle_Savage@prnewswire.com; or Renu K. Aldrich, PR manager,
212-282-1929, pager, 800-503-2654, or
Renu_Aldrich@prnewswire.com, both of PR Newswire
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