PrimeNewswire(sm), the news distribution subsidiary of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), announced it has rebranded its service, with a name change to GlobeNewswire(sm).
GlobeNewswire's distribution services help public companies to communicate with media and investors in local languages across the globe while addressing regional regulatory disclosure requirements. The rebranding reflects NASDAQ OMX's transformation to an exchange company with a presence on six continents.
"Given the formation of the NASDAQ OMX Group earlier this year, we felt the name GlobeNewswire better represents the breadth and reach of our products and services on a worldwide scale," said Doug Ventola, Vice President, NASDAQ OMX Group, Inc.
GlobeNewswire's enhancements include:- New web address -- www.globenewswire.com;
- Multi-channel delivery networks providing real-time and simultaneous distribution to key worldwide audiences;
- Specialized new release distribution to targeted media and socially conscious (CSR) investors
- Multimedia distribution including Times Square marquee display
Additionally, in line with the Securities & Exchange Commission's recent announcements regarding XBRL, IDEA and its new recommendations on Regulation Fair Disclosure (RegFD), GlobeNewswire's disclosure services will be even more closely synchronized with Shareholder.com investor relations services.