SAN FRANCISCO, March 9, 2006 (PRIMEZONE) -- ON24 Inc., the global leader in webcasting and video communication solutions and Reuters, the global information company today announced that they cooperated to jointly webcast a recent visit of the Queen to the new Reuters offices in Canary Warf. The event follows closely on the heels of the opening of ON24's offices in London.
"We are delighted that Reuters selected the ON24 Webcast Center platform for her Majesty's visit. It affirms that when webcast quality and reliability are paramount, global leaders continue to choose ON24," said Sharat Sharan, President and CEO of ON24. He continued, "It is an honor for us to have participated in this very high profile event, and I believe it demonstrates to U.K. businesses that ON24 is quickly establishing itself as the webcasting leader in Europe."
Co-location and prominent branding are at the heart of the Reuters move; the Pedestrians Square next to the new headquarters has been renamed Reuters Plaza and hosts a giant outdoor LED screen displaying Reuters real time news and pictures. The building itself carries a 100 meter electronic ticker displaying real time price information from the major exchanges around the world.
Samantha Coates, Head of Corporate Marketing and Communications, U.K., said, "We wanted to ensure all Reuter's staff could share in a special day for the company with the official opening of our London Headquarters by the Queen. A webcast was the obvious solution and we were very pleased with the professionalism and skill ON24 brought to what was a very successful broadcast."
About Reuters
Reuters (www.about.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 15,300 staff in 91 countries, including staff from the acquisition of Moneyline Telerate in June 2005. It also includes 2,300 editorial staff in 196 bureaus serving 129 countries, making Reuters the world's largest international multimedia news agency. In the 2004 Reuters Group revenues, including those of Instinet Group, were 2.9 billion pounds. From July 2005, Instinet Group is being treated as a discontinued operation in the profit and loss account.
About ON24, Inc.
ON24 is the global leader of webcasting and video communications solutions. More than 500 leading companies including Cardinal Health, Cisco Systems, CMP Media, Credit Suisse, Hewlett-Packard, and Sun Microsystems use ON24 for activities such as lead generation, internal communications, conferences and events, product launches, sales training, continuing professional education, and executive announcements. Based in San Francisco, the privately held company was founded in 1998.
Companies interested in learning more about ON24's complete line of webcasting solutions can call 415.369.8000 or send inquiries to solutions@on24.com.
"A World of Webcasting Solutions. One Webcasting Provider"(tm) -- is a trademark of ON24.