Business Services Industry
Barron's Online and the Investor Relations Information Network team up to deliver company information to investors on the World Wide Web
Business Wire, Feb 10, 1997
NEW YORK--(BUSINESS WIRE)--Feb. 10, 1997--BARRON'S Online, the electronic edition of BARRON'S on the World Wide Web (www.barrons.com), announced today that it has reached an agreement with the Investor Relations Information Network (IRIN), based in Kansas City, to develop, build and host portions of its new corporate information center - Corporate Link Center. IRIN will be providing its services on an exclusive basis to BARRON's Online for major online, consumer financial web sites.
As an important part of the Dow Jones family of financial Web sites now available to active investors here and abroad, BARRON'S Online (BOL) offers subscribers access to the complete news content of BARRON'S each Saturday morning at 8 A.M. (EST). Registered users of BOL also get comprehensive dossiers that include historical pricing and fundamental data for over 15,000 equities, 7,000 mutual funds and 1,000 ADRs; company news (20-minute delayed); and archives.
Corporate Link Center (CLC) is an area of BOL that is dedicated to investor relations information. Publicly-traded companies now have an opportunity to reach the most influential and active investor universe on the World Wide Web with company news and key financials. With CLC, participating companies can now purchase a large banner that includes: corporate logo, company description, and links to the company's web site, electronic annual report and their dossier (updated nightly) on BOL. Users may also order copies of annual reports directly from participating companies.
"We believe we have the most sophisticated and active investor universe on the Internet," said Ted Donahue, Director of Marketing for BOL. "Our registered users include high net worth individual investors as well as institutional investors here and abroad - a critically important audience whom investor relations professionals want to reach. Our new Corporate Link Center provides corporate officers with an outstanding showcase for their company's performance at a very affordable out-of-pocket cost. IRIN now provides BOL with the capacity to deliver electronic annual reports and quarterly up-dates online to its subscriber base."
Brud Jones, President of IRIN, continued, "We are delighted to be working closely with BARRON'S Online to provide Investor Relations professionals with the very best online tools for delivering their company news and information to current and prospective shareholders. We have already developed a significant franchise online for the delivery of electronic corporate reports to investors worldwide at our IRIN web site (www.irin.com). BARRON'S adds an important and exciting new dimension to the total IR package we can now offer existing and prospective client companies."
IRIN (Investor Relations Information Network) is a privately-held company founded in 1995. Its web site currently hosts the most annual reports in electronic format (.pdf) available on the WWW. In addition to its new partnership agreement with BOL, IRIN is also in partnership with the ChaseMellon Shareholders Services (CMSS) for the hosting of their client company information on both the IRIN and CMSS web sites.
BARRON'S Online is a joint venture between IDD Enterprises, LP and Dow Jones & Company. IDD Enterprises, LP is majority owned by Dow Jones, and is also the publisher of Investment Dealers' Digest as well as a major supplier of financial data and software tools to the institutional investment community and the emerging electronic consumer, financial marketplace on the WWW. IDD has most recently helped to design and build the new web site for Smith Barney and Liberty Financial Services.
Electronic information services from Dow Jones & Company in addition to BARRON'S Online include Dow Jones Telerate, a provider of real-time financial information to the international business community; The Wall Street Journal Interactive Edition; Dow Jones News Service and other business news wires; and Dow Jones Interactive Publishing, which provides business information to corporations and consumers by computer, telephone, facsimile and radio. Dow Jones also produces international business television programming.
CONTACT: BARRON'S Online
Ted Donahue
telephone: 212/323-9006
e-mail: tdonahue@iddis.com
and
IRIN
Brud Jones
telephone: 816/421-0683
e-mail: brud@irin.com
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