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Strong Growth Leads to Change at PR Newswire

   PR NEWSWIRE IAN CAPPS
PR Newswire has reorganized to take greater advantage of its recent global expansion and extension into key new product areas. The company now has three operating divisions, PR Newswire Americas, PR Newswire Europe and PR Newswire Asia, each charged with managing the core business and its growth. CEO and President Ian Capps is also Chairman of PR Newswire Europe and PR Newswire Asia. (PRNewsFoto)[DM]
NEW YORK, NY USA
   PR NEWSWIRE CHARLIE MORIN
Under PR Newswire's reorganization, Charlie Morin is now President, PR Newswire Americas, with overall responsibility for U.S. and Latin American business and relations with Canada NewsWire. He continues as Chief Financial Officer, responsible for administration and strategic planning. (PRNewsFoto)[DM]
NEW YORK, NY USA
   PR NEWSWIRE JOHN M. WILLIAMS
John M. Williams is now PR Newswire's Executive Vice President, Global Markets and New Ventures, in charge of worldwide branding and marketing standards, new product development and business ventures, with special emphasis on Internet development. (PRNewsFoto)[DM]
NEW YORK, NY USA
   PR NEWSWIRE WILLIAM C. PRATT
William C. Pratt: Senior Vice President, Technology and Chief Information Officer, is responsible for global technology standards and development under PR Newswire's new structure. (PRNewsFoto)[DM]
NEW YORK, NY USA
   PR NEWSWIRE VICKY UNWIN
The new European division of PR Newswire, under Managing Director Vicky Unwin, will provide the first pan-European services in support of the developing public and investor relations markets in the region, building on the combined strengths of PRN and the recently announced acquisitions of NEWSdesk and Two-Ten Communications. (PRNewsFoto)[DM]
NEW YORK, NY USA
    NEW YORK, June 30 /PRNewswire/ -- PR Newswire, the world's leading
distributor of full-text news releases to the media, financial community and
the rapidly growing individual investor Internet audience, has reorganized to
take greater advantage of its recent global expansion and extension into key
new product areas, President and CEO Ian Capps announced today.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-a
             http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-b
             http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-c
             http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-d
             http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-e )
    "Over a matter of months we have become a truly global organization,
unique in our industry, with the key acquisitions of Two-Ten Communications
and NEWSdesk International of the UK and with the dramatic expansion of
multimedia tools and technology services for investor relations
professionals," he said.  "We must position ourselves internally to manage
future growth, poised for continued advancement into the European and Asian
markets."
    The company will have three operating divisions, PR Newswire Americas, PR
Newswire Europe and PR Newswire Asia, charged with managing the core business
and its growth.  PRN International will no longer operate as a separate entity
or brand.  The existing PR Newswire Board will have overall responsibility for
global finance, market development, technology and new ventures.  The board
continues to operate under the chairmanship of Charles Gregson, executive
director of PRN parent United News & Media plc (Nasdaq: UNEWY), a U.K.-based
international media information conglomerate.  The board will be comprised of:
    Ian Capps: President and Chief Executive Officer; also Chairman of PR
Newswire Europe, PR Newswire Asia; Charlie Morin: President, PR Newswire
Americas, with overall responsibility for U.S. and Latin American business and
relations with Canada NewsWire; continues as Chief Financial Officer,
responsible for administration and strategic planning; William C. Pratt:
Senior Vice President, Technology and Chief Information Officer, responsible
for global technology standards and development; John M. Williams: Executive
Vice President, Global Markets and New Ventures, in charge of worldwide
branding and marketing standards, new product development and business
ventures, with special emphasis on Internet development.
    "Our global approach to public relations, marketing, new media and new
ventures is key to our future," said Williams, who also will be a director of
all three operating divisions.  "Ira Krawitz, vice president of global
marketing, will be responsible for global branding, marketing standards,
research and analysis.  In addition, we are bringing on board Chris Pederson
from The Associated Press as senior vice president of new ventures to identify
and pursue new opportunities and products."
    Williams' team also includes Dan Forbush, president of ProfNet, who will
build the interactive service into a global experts resource for the media and
clients.  Renu K. Aldrich, manager of public relations, will develop and
implement PR Newswire's global communications programs.

    Operating Divisions
    The Americas division continues as the powerhouse of growth for the
company, and the most innovative marketplace within the industry.  David
Armon, vice president of national sales, will be responsible for all U.S.
bureau sales, client service and operations under the leadership of Morin.
    The new European division of PR Newswire, under Managing Director Vicky
Unwin, will provide the first pan-European services in support of the
developing public and investor relations markets in the region, building on
the combined strengths of PRN and the recently announced acquisitions of
NEWSdesk and Two-Ten Communications.
    The Asian division will be responsible for the relationship with AsiaNet,
a consortium of the leading news agencies in the Pacific Rim and Southeast
Asia, and for PR Newswire's interest in Hong Kong PR Newswire, the fast
growing joint marketing venture with the Australian Associated Press (AAP).
Colleen Pizarev, named director of Asian Services, will manage all
relationships with AsiaNet and will provide direct support for the Hong Kong
joint venture.

    Global Technology Group
    Chief Information Officer William C. Pratt will direct the development of
PR Newswire's global technology and standards, including ensuring Year 2000
compliance, Capps said.
    "The reorganization will allow us to focus our intellectual capital on the
further expansion of our products and services, especially in Internet and
multimedia offerings, and to continue our drive to build the industry's
premier customer service capabilities," Pratt said.

    PR Newswire provides text, photo and multimedia content to thousands of
journalists through the PRN Press Room web site, NEWSdesk's Internet news
retrieval and tracking system, a powerful push e-mail service and
comprehensive Internet delivery to the best web sites and online databases.
PR Newswire's feed also is displayed on top newspaper web sites.
    PR Newswire, which founded the electronic news release distribution
industry in 1954, has expanded its global delivery options for information and
photos into a vast wire, fax, satellite, e-mail and Internet network capable
of pinpoint or mass distribution.  It has 29 bureaus in the U.S.,
international bureaus in Hong Kong, London, Paris, Frankfurt and Sao Paulo,
and an exclusive partnership with Canada NewsWire.

    For more information, please contact: Renu Aldrich, PR Newswire, Manager
of Public Relations, at Renu_Aldrich@prnewswire.com.


SOURCE PR Newswire




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    Photo Notes:http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-a
    http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-b
    http://www.newscom.com/cgi-bin/prnh/19990630/HSW001A-c
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