Press Release, February 6, 2008
OMX expands its Nordic Baltic wire distribution
OMX expands its Nordic Baltic wire distribution. The wire offering gives
companies on the Nordic Exchange using OMX' news distribution service an
exclusive opportunity to reach all national news agencies in the Nordic Baltic
region, including Norway. Thus, the new service ensures that listed companies'
announcements and press releases are visible not only in their national news
agencies' editorial systems but in the editorial systems in the eight Nordic
and Baltic countries. This enhancement is the next step in the offering from
OMX' news distribution service.
The wire distribution is an add-on service that directly reaches the editorial
systems of the leading national Nordic and Baltic news agencies via a so-called
straight through process. The add-on service further enhances OMX' news
distribution service, which is available for more than 800 companies listed on
the Nordic Exchange. OMX is the first news distributor to offer this service in
cooperation with Ritzau News Agency in Denmark, the Swedish News Agency (TT),
the Finnish News Agency (STT), the Norwegian News Agency (NTB) and the Baltic
News Service (BNS) in the Baltic States.
“It is important and vital for OMX to offer the best possible visibility for
companies on the Nordic Exchange by using our news distribution service, both
in the financial market and in the media. As OMX' news distribution service has
become the market leader in the Nordic Baltic region, we have been able to
extend our distribution network to most renowned and trusted national news
agencies,” says Hans-Ole Jochumsen, President Information Services & New
Markets OMX.
“Since the implementation of the European Transparency Directive last year,
there has been a big change in the distribution industry. We are therefore
proud to be the first distributor in the Nordic region, which is able to help
the clients of our news distribution service to reach full visibility through
the networks of the national news agencies in eight countries. The Nordic
Baltic wire service will soon be integrated in our distribution tool to give
communication professionals easy and reliable access to the strongest media
partners in all Nordic Baltic markets,” explains Hans-Ole Jochumsen.
The wire service has been developed in close cooperation with the leading
national news agencies to ensure that the news are delivered and presented in
the editorial systems and reaches the end journalists in a professional way.
All agreements have been signed and the service will be offered to all listed
companies on OMX Nordic Exchange.
For more information, please contact:
Ellen-Margrethe Soelberg, Tel: +45 33 77 04 30
About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic
Exchange comprises over 800 companies including its alternative market First
North. OMX provides technology to over 60 exchanges, clearing organizations and
central securities depositories in over 50 countries. The Nordic Exchange is
not a legal entity, but describes the common offering from OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga and Vilnius. OMX is a
Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange.
For more information, please visit www.omxgroup.com.
