SAN FRANCISCO, Oct. 25, 2011 (GLOBE NEWSWIRE) -- The Meltwater Group, one of the world's leading social media and news monitoring companies, today announced a partnership with GlobeNewswire, a NASDAQ OMX Corporate Solutions, Inc. company, to offer a new service that will integrate press release distribution services within the Meltwater Press media contact database and distribution solution.
With the partnership, Meltwater Press subscribers will have a more affordable way to distribute news releases to more than 3,500 websites, 1 million financial desktops, and thousands of media outlets in the United States and Canada. Subscribers will be able to push news to North American audiences through trade publications, journals, television and radio stations, national and local newslines and wire services such as The Associated Press, Bloomberg and Dow Jones. The service will be available in several packages and at a per-use fee.
"Meltwater's 20,000 customers rely on our comprehensive solutions to deliver targeted, business-critical information effectively and directly," said Jorn Lyseggen, founder and chief executive officer of Meltwater Group. "The inclusion of NASDAQ's GlobeNewswire with Meltwater Press provides an attractive alternative to expensive wire services for reaching North American audiences through broad distribution and SEO capabilities."
Demetrios Skalkotos, senior vice president, NASDAQ OMX Corporate Solutions, said, "GlobeNewswire is one of the world's largest newswire distribution networks. Through the Do-It-Yourself (DIY) online publishing tool, GlobeNewswire equips clients with cost-effective options to quickly and accurately release news that meets full disclosure standards while allowing clients to maintain full control of the press release process. At NASDAQ OMX Corporate Solutions, we are constantly looking for opportunities to provide public and private companies with the tools and resources they need to make their jobs easier and their companies better. This partnership with Meltwater allows us to further this commitment."
Meltwater Press is a Web-based media contacts database and distribution tool that enables users to identify the most appropriate journalists for any given topic by automatically analyzing and ranking the content of their articles with Meltwater's proprietary Natural Language Processing (NLP) technology. Customers can build targeted media lists and efficiently distribute media releases, advisories and pitches. Meltwater Press' comprehensive contact database is updated continually, and indexes more than 1 million new articles every day, ensuring that its users can target the best sources.
About The Meltwater Group
The Meltwater Group is a privately held software company founded in Norway in 2001, serving more than 20,000 clients through 57 offices located across North America, South America, Europe, Middle East, Africa, Asia and Australia. Meltwater is committed to challenging existing business models by introducing disruptive technologies. The Meltwater Group delivers B2B solutions based on search engine technology, cloud computing and search engine marketing. For more information, please visit http://www.meltwater.com.
The Meltwater Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10918