Business Wire annonce son arriv?e sur le march? allemand

( BW)(CA-BUSINESS-WIRE) Business Wire to Enter the German Ad-Hoc Market, Offering Companies Listed in Germany the Opportunity to Meet Disclosure, Reach Worldwide Markets via the Global Industry Leader

Business Editors

FRANKFURT, Germany--(BUSINESS WIRE)--May 31, 2005--Business Wire today announced that it will introduce Germany Ad-Hoc Disclosure Service on June 1, offering companies that have either a primary or secondary listing on a German stock exchange a seamless, one-stop solution for reaching the international financial markets, local regulatory authorities, and the global news media. Unlike competitive Ad-Hoc services, Business Wire offers media and financial market coverage that is unlimited in its geographic scope. Business Wire's network consists of the world's leading international and national news agencies, including Agence France-Presse, Associated Press, Reuters, Bloomberg and Dow Jones, to reach broader markets. These capabilities, previously unavailable in the German marketplace, minimizes the risk of time delays, operational lapses or major gaps in international coverage

Business Wire stands out in the highly competitive regulatory disclosure landscape, being the only service provider that can satisfy statutory disclosure obligations-- and reach major markets worldwide-- via its own proprietary distribution channels; Under the German Securities Trade Act, companies that have either a primary or secondary listing on the Deutsche Boerse (Frankfurt Exchange) or neighboring equities markets are required to broadly disclose price-sensitive information in a timely manner

Business Wire's Ad-Hoc Disclosure network, available in both German and English, is in compliance with all official legal requirements as set out by the BaFin (Federal Financial Supervisory Authority), Germany's national securities regulator

Business Wire's simultaneous, real-time network reaches the world's leading market-moving news services-- including Dow Jones/vwd, Reuters, DPA-AFX and Bloomberg-- as well as major German financial portals and websites

Business Wire has helped U.S. companies meet their regulatory requirements for more than four decades, and it is officially sanctioned by the Financial Services Authority in the U.K. as a Regulatory Information Service.

Business Wire's network security and copy processing procedures are subject to a rigorous annual audit by an independent accounting firm as part of the FSA-approval process

"For the first time, companies traded on the Deutsche Boerse and other German exchanges will have the opportunity-- and convenience-- of meeting their disclosure and broader distribution needs through a respected industry leader that provides a global communications solution," said Cathy Baron Tamraz, Business Wire's president.

"We look forward to offering these companies a full-range of investor relations and disclosure services, including electronic reporting capabilities in key financial markets."

About Business Wire:

Business Wire was founded in 1961 by chairman/CEO Lorry I. Lokey, veteran journalist and public relations executive. The company's multi-channel delivery network, with access to some 60 international and national news agencies, financial information providers and Web-based news services throughout North America, Europe, Asia, Latin America, the Middle East and Africa, provides real-time, simultaneous access to key audiences -- the news media, trade publications, institutional and individual investors, business-to-business decision-makers and consumers

Business Wire electronically disseminates some 1,000 full-text news releases daily to the media, the Internet, online services and databases, and the global investment community in 150 countries in 45 languages.

Business Wire has 24 U.S. offices, Frankfurt, London, Stockholm, Brussels, Paris, Sydney and Tokyo offices, and reciprocal offices throughout the world.

CONTACT: Business Wire Michael Becker or Neil Hershberg, +1-212-752-9600