The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the formation of a strategic alliance with MZCAN, the leading investor relations e-solution provider in Asia, for NASDAQ OMX's GlobeNewswire services. Through this partnership, MZCAN will serve as the first Asia-based reseller of GlobeNewswire, utilizing the comprehensive news distribution service to submit and distribute press releases on behalf of its customer base across Asia.
The partnership presents GlobeNewswire a gateway into MZCAN's network, which boasts clients across Asia. In addition to expanding the global footprint of NASDAQ OMX's GlobeNewswire services to the rapidly growing Asian market, through this relationship GlobeNewswire will become the exclusive newswire sponsor of the IR Global Rankings (http://www.irglobalrankings.com) in Asia.
"By partnering GlobeNewswire's news distribution service with MZCAN's service-focused suite of e-solutions, we look forward to bringing public and private companies in the Asian market the tools they need to minimize risk, maximize efficiency and increase transparency," said Demetrios Skalkotos, Senior Vice President, Global Corporate Solutions at NASDAQ OMX. "Paired with MZCAN's market-leading solutions across the communications and investor relations spaces, we are poised to bring our level of operation within this unique market space to new heights."
GlobeNewswire offers a suite of newswire, financial disclosure, multimedia and online communication services.
"Our partnership with MZCAN strengthens our commitment to provide a worldwide news distribution service that helps companies across the globe communicate with media and investors," added Mr. Skalkotos. "Alongside our own Asia-based professionals, we determined that MZCAN would be a powerful partner in broadening the reach of GlobeNewswire and its best-in-breed solutions."
"MZCAN has a strong reputation in Asia as a provider of investor relation services, including corporate IR websites, webcasting solutions, SEC filings, IR-CRM, corporate governance platform and IR content development," said Rodolfo Zabisky, Chairman of MZ Group. "We welcome this strategic alliance with NASDAQ OMX's industry-leading services as MZCAN continues to focus on providing IR and corporate communications technology in Asia."