YEREVAN, November 26. / ARKA /. NASDAQ OMX Armenia stock exchange has joined the GlobeNewswire of NASDAQ OMX, NASDAQ OMX Armenia stock exchange head, Konstantin Saroyan, told a news conference today.
He said GlobeNewswire is one of the world’s largest newswire distribution networks, specializing in the delivery of corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
He added that the introduction of GlobeNewswire service is aimed at enhancing distribution of information about Armenian capital market abroad.
“This service will enable Armenian companies, especially those listed or admitted to trading at NASDAQ OMX Armenia, to easily distribute their corporate news to main media of Europe, USA and the rest of the world, upon their choice, and make it available for potential investors worldwide.
Apart from activities on promotion of Armenian capital market, NASDAQ OMX Armenia will also cooperate with local media to order to include them in GlobeNewswire distribution network and provide Armenian media with more efficient ways of obtaining real time international news,’ he said.
Yevgenia Evoyan, Director of Marketing and Communications division of NASDAQ OMX Armenia, said GlobeNewswire provides a platform for the rapid dissemination of information in 80 countries worldwide in more than 30 languages.
“The GlobeNewswire includes more than 6,000 newspapers, television, radio stations, news portals, databases, and, most importantly, more than 1.5 million terminals and financial analysis systems, ” she said.
GlobeNewswire was founded in 1998 and in 2006 it was acquired by NASDAQ OMX, expanding its technical capabilities and worldwide presence. In 2008, renowned Nordic and Baltic distribution network, OMX Company News Service (CNS) joined GlobeNewswire’s systems. Today, 50% of all listed companies in the Nordic Baltic region use the service to fulfill their regulatory requirement.
In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc. On January 26, 2009, “Armenian Stock Exchange” ojsc was officially renamed as “NASDAQ OMX Armenia” ojsc. On June 5, 2009, “NASDAQ OMX Armenia” ojsc became the owner of 100% of the shares of the “Central Depository of Armenia” ojsc. -0-
