LOS ANGELES, CA -- (MARKET WIRE) -- 01/18/2005 -- Market Wire, a full-service distributor of company press releases and material news, is pleased to announce an agreement with DGAP. DGAP is a joint venture between the German Stock Exchange (Deutsche Boerse AG), Reuters AG and vwd GmbH, and is the leading distributor, by far, of material financial news throughout German speaking Europe. Through this agreement, Market Wire and DGAP each enhance their respective news distribution networks for clients in both the United States and Europe.
"Our relationship with DGAP is an invaluable new component in our international distribution strategy," said Jim McGovern, president and CEO of Market Wire. "With Reuters being a partner in the DGAP joint venture, Market Wire customers will now benefit from more dynamic and expansive distribution capabilities, available through all of our European circuits. This and other recent alliances position Market Wire as the 'go to' newswire for discerning investor relations professionals and corporate communications staff responsible for financial and material news."
"The new partnership with Market Wire is a vital step in DGAP's goal of expanding its global distribution network," said Reinhold RÃ¶hrig, DGAP Managing Director. "DGAP is a well established communication interface between companies and financial markets. With the new alliance, DGAP customers will profit from a broader international distribution of their financial news and DGAP underlines its position as a gateway for global company information."