NEW YORK - May 19, 2020 - (Newswire.com)
As companies announce the withdrawal of future guidance in response to the COVID-19 crisis, the outlook for a quick economic rebound is slowly fading based on global share response. Companies are facing unprecedented disruption in the supply chain, exponential financial strains and a sharp decrease in consumer confidence. Furthermore, unemployment rates skyrocket to 14.7 percent with a record 20.5 million American jobs lost in April that echoes the sentiment of the Depression-era. The business sector is in for the long haul for a full recovery that is estimated to take 36 months or longer.
Understanding the need to provide timely news and information, Newswire’s distribution platform provides corporate communications solutions for both Wall Street and Main Street through its comprehensive global distribution to major media, financial outlets and leading exchanges.
“For Wall Street and Main Street to weather the COVID-19 and find themselves in a position to rebound, communications across all channels early and often is crucial to their success,” says Erik Rohrmann, COO and SVP at Newswire. “In Q2, all companies have been impacted in one way or another by the crisis. We can see the digital transformation in business is taking place and has accelerated how we social distance, conduct face to face meetings and conduct transactions. Our platform allows customers to effectively reach the media and financial community to let the public and stakeholders stay informed as we work to reopen the economy.”
As the world begins to reopen, the adoption of new solutions in healthcare, retail and online education emerge from the crisis as the new ‘norm’ by mitigating health risks to the public and practicing social distancing. The newly adopted technology news stories have been shared across digital publishers, various media outlets and social media to provide hope for a post-COVID-19 future.
“Companies can utilize this opportunity to share important information to stakeholders and the public,” says Rohrmann. “Our platform provides the ability to reach a wider audience. We can target the financial communities through SEC Compliant dissemination of news and information to leading financial portals and trading platforms.”
In addition to its regulatory communications platform, Newswire recently announced its Value Pack options and Guided Tour to help companies save up to 30 percent off their current distribution costs.
According to the company, Value Pack options have become a popular choice among CFOs looking to reduce spending while maintaining a high level of communication.
To learn more about how Newswire’s Earned Media Advantage is Transforming Business, visit Newswire for more information. With its simple, flexible and cost-effective platform, companies can stay competitive with their media and marketing communications.
About Newswire
Newswire delivers press release and multimedia distribution software and services (SaaS) that empower the Earned Media Advantage: greater brand awareness, increased traffic, greater return on media and marketing communications spend and the competitive edge. With over a decade of experience, Newswire continues to provide its customers with the ability to deliver the right message to the right audience at the right time through the right medium.
To learn more about Newswire’s media and marketing solutions, visit http://www.newswire.com.
Contact Information
Charlie Terenzio
Vice President of Earned Media
Newswire
Office: 813-480-3766
Email: charlie@newswire.com
Press Release Service by Newswire.com
Original Source: Newswire's Financial Press Release Distribution Helps Public Companies Reach Financial and Investor Communities
