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August 30, 2015 10:40 AM ET

Internet Software and Services

Company Overview of Business Wire, Inc.

Company Overview

Business Wire, Inc. operates in commercial news distribution business. It allows member companies and organizations to transmit their news releases, regulatory filings, photos, and other multimedia content to journalists, news media, trade publications, financial professionals, institutional and individual investors, Internet portals, information Web sites, investor services, regulatory authorities, business-to-business decision-makers, and the general public in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company’s solutions include Smart News Release platform that provides text news releases and multimedia content; Smart Marketing Page, a communications platform...

44 Montgomery Street

39th Floor

San Francisco, CA 94104

United States

Founded in 1961





Key Executives for Business Wire, Inc.

Chairman and Chief Executive Officer
President and Director
Founder and Member of The Board of Directors
Chief Financial Officer
Chief Operating Officer, Executive Vice President and Member of The Board of Directors
Age: 50
Compensation as of Fiscal Year 2015.

Business Wire, Inc. Key Developments

Business Wire Enters into Distribution Agreement with DINO

Business Wire announced a major expansion of its distribution capabilities in Brazil. Business Wire has entered into a distribution agreement with DINO [Divulgador de Noticias]. The relationship provides Business Wire clients with the following benefits: Distribution via AE Broadcast, Agencia Estado's financial terminal network serving Brazil's investment industry. Additionally, releases will be distributed over Agencia Estado's general-interest news service to major print and broadcast media organizations. Some 25,000 journalists have registered to receive customized news feeds based on self-selected editorial categories and criteria. Business Wire releases will be integrated into these personalized news feeds. Business Wire releases will be posted to as many as 150 websites, with the actual number determined by the editorial content of the release. Among the guaranteed postings is, a site that attracts some 50 million unique visitors per month. Business Wire clients receive a report detailing online clippings. Publicly traded clients will benefit from magnified exposure to the investment community. DINO has created a market news service in partnership with ABRASCA and IBRI. Business Wire releases will be posted to this service, as well as all affiliated sites.

Business Wire Announces Executive Appointments

Business Wire announced the hiring of Lia Hanson as the new regional manager of the San Francisco Bay Area where she will oversee sales strategy and client management for the San Francisco and Silicon Valley regions. Additionally, Loredana Dailey has been promoted from Account Executive to Regional Manager in Business Wire’s Phoenix office. Hanson joins Business Wire after three years as Regional Sales Manager in the Bay Area for ADP, and prior to that PrimePay and Paychex, key experience that will help drive new sales for Business Wire. She currently sits on the young professionals’ board, Golden Gate Ties, for The Leukemia Lymphoma Society where her focus is fund-raising and raising awareness of blood cancers. A Northern California native, Hanson graduated with a degree in Liberal Studies from San Francisco State University. Dailey joined Business Wire in May of 2014 as Account Executive where she was a key component behind local market sales efforts in Phoenix, creating a solid foundation to drive revenue growth. She joined Business Wire after more than 15 years in sales with Xerox, GlaxoSmithKline Pharmaceuticals and SP Richards. Dailey will oversee Business Wire’s Phoenix region, spanning four states, where her experience will aid with strategy to increase sales and revenue. She is a University of Arizona graduate.

Business Wire Promotes Raschanda Hall as Director of Global Media Relations

Raschanda Hall, a 14-year veteran of Business Wire's media relations team has been promoted to director of Global Media Relations. Raschanda has directed Business Wire's global media relations team through the fast-paced, changing media landscape utilizing her formidable communication skills, understanding of emerging technology and her pioneering social media presence to expand Business Wire's reach to media and influencers worldwide. Raschanda's focus is on strategies to further establish and expand Business Wire's circuit offerings and targeted delivery using the latest technology and communications tools. She has provided Business Wire the advantage in reaching both traditional, online, trade and specialty press and social media audiences around the world. She reports to Laura Sturaitis, Business Wire's EVP Media Relations and Product Services.

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