Business/Technology Editors
NEW YORK--(BUSINESS WIRE)--Oct. 23, 2002
Open Resource Provides 100,000 Subscribed Financial Professionals with Earnings Conference Call Calendar and Estimates Directly from Public Companies
Institutional Investor, a leading publication for financial professionals, announced it is now part of the OpenCompany.info corporate disclosure network, a new resource that distributes conference call data - including phone numbers and passcodes - and earnings estimates directly from public companies. OpenCompany, designed for analysts, institutional and individual investors, connects public companies directly to their stakeholders without membership constraints or fees. Institutions can also integrate OpenCompany content onto their intranets with web services implementation, using XML technologies like Microsoft's .NET or Shareholder.com's irXML(TM).
"With OpenCompany, professional investors no longer need to rely solely on third parties to receive guidance or earnings call scheduling when assessing their portfolios and funds," said Erik Vander Kolk, Publisher, Institutional Investor Online. "Many shareholders rely on our readers to have the most relevant and timely information when they plan their investments. We're joining OpenCompany to ensure the industry has the best resources for the most transparent and important data available."
Institutional Investor has added OpenCompany to its website, located at www.institutionalinvestor.com, so the finance leaders that review the organization's 40 newsletters and print and online publications have access to every company's financial information. OpenCompany offers institutional investors free and open access to important content that helps them use a company's supplied information to judge its investment opportunity and determine the measure of a company's transparency.
Institutional Investor joins National Association of Investors Corporation (NAIC), the National Investor Relations Institute (NIRI), Investor Relations Magazine, BestCalls.com and Shareholder.com as OpenCompany participants, marking the new disclosure network's potential to every facet of the investment community. The OpenCompany network includes over 500,000 individual and institutional investors and other important members of the shareholder communications community. There is no charge for corporations or investors to use OpenCompany.
"Investors are expecting that companies provide new avenues to access and search financial information, and that openness is a key to restoring investor trust in the marketplace," said Ron Gruner, President of Shareholder.com. "This is why so many important organizations throughout the investment community are working together on OpenCompany."
About Institutional Investor
Euromoney Institutional Investor PLC collects and distributes international news and information, organizes conferences and arranges training seminars. The Company publishes law, tax and specialist journals, provides capital market databases and information services, in addition to maintaining interests in over 70 magazines. Institutional Investor's online properties have over 200,000 readers on its 20 web sites.
About Shareholder.com
Shareholder.com has over 10 years of experience facilitating communications between public companies, their shareholders and the investment community. Shareholder.com provides a comprehensive array of online investor relations services ranging from website hosting and webcasts to integrated e-mail and fax broadcasts. Over 750 companies around the world, including Coca-Cola Enterprises, Delta Air Lines, eBay, Hewlett-Packard, Hudson's Bay Co., Legal & General, Merrill Lynch, Prudential Financial, Tiffany & Co. and Yahoo!, rely on Shareholder.com for vital communications with over 60 million shareholders. The company, based in Maynard, Mass., has offices in Amsterdam, London and San Francisco, is privately held and is celebrating its ninth year of profitability. For more information, please visit www.shareholder.com.
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COPYRIGHT 2002 Gale Group
