Press Release

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Press Release

A statement given to the press regarding news in a company or other organization. A company may announce a merger, an expansion, a bankruptcy, or any other major event. Press releases are designed to put the announcement in the best possible light for the company or organization; therefore, it is important to check the accuracy of any information contained therein.
References in periodicals archive ?
MARK: It's also why every news release from a publicly-traded company has a paragraph at the end saying that the news contains "forward-looking" statements and that the reader shouldn't necessarily take them at face value.
"News releases are sometimes necessary, but rarely sufficient.
And so I had an assignment to write a news release.
Based on the client's own press release and utilizing professional acting talent and state-of-the-art production facilities, video news releases created by Video News Wire offer companies an opportunity to transform their written announcements into an informative, impactful, and visually stimulating television-news-like presentation.
Also in the works is an audio feature called AudioSpot where, in addition to a news release, there will be also be a 60-to-120-second RealAudio clip.
1) Identify your correspondence as a NEWS RELEASE right up front.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
Over the past several years, Spartanburg Medical Center has continued to experience increased demand for inpatient services and had planned to address capacity management by building an additional $200 million bed tower, according to the news release. However, the acquisition provides a solution that will not take the eight to 10 years anticipated to build the tower, the release said.
"I believe they are the best-in-class, on-demand food ordering and delivery partner for customers and restaurants," Fertitta said in the news release. "They are also positioned well to take advantage of the massive unpenetrated market for online delivery, particularly in secondary markets."
The private placement Financing, as described in the August 31, 2016 news release, is proceeding and is expected to generate gross proceeds of approximately $2,000,000, subject to final Exchange acceptance.
Further development of political dialogue, expansion of cooperation in trade and economic fields, as well as cooperation within the international organizations, in particular within the UN, topped the agenda, said the news release.
The news release points out that the Premier also decided to set up a joint authority to devise an "immediate and direct" intervention plan and face the terrorist acts and a joint special unit including National Army and security force units operating 24 hours a day to intervene immediately in case of terrorist threats.