Business Wire New York Gears up for Company’s 50th Anniversary Celebration

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New York Mayor Michael Bloomberg has proclaimed September 30, 2011 to be “Business Wire Day” in New York City

NEW YORK--(BUSINESS WIRE)-- Business Wire will celebrate its 50th anniversary on September 30 by opening trading on the New York Stock Exchange on a day that New York Mayor Michael R. Bloomberg has declared “Business Wire Day” in New York City.

Business Wire will celebrate its 50th anniversary on September 30 by opening trading on the New York Stock Exchange on a day that New York Mayor Michael R. Bloomberg has declared "Business Wire Day" in New York City. Pictured front row (left-to-right): Richard Fasanella, Paul D'Albenzio, Karen Ball, Cathy Baron Tamraz, Phyllis Dantuono Back Row (left-to-right): Sean Murphy, Kevin Kneuer, Mike Maguire, Richard Crippen, Gregg Castano, Scott Goll, Richard DeLeo (Photo: Business Wire)

Warren Buffett, chairman of Business Wire’s parent company, Berkshire Hathaway will join Business Wire Chief Executive Officer Cathy Baron Tamraz at the storied Wall Street podium of the New York Stock Exchange at 9:30 AM EDT to ring The Opening Bell^SM and usher in the Company’s next 50 years of success.

"We are very appreciative that Mayor Bloomberg has honored Business Wire with an official proclamation marking our Golden Anniversary," said Tamraz. "We take pride in knowing that Business Wire has been recognized with proclamations by the mayors in many of the markets we conduct business. It is truly an historic moment for our company."

The proclamation from Bloomberg states in part:

`Throughout our history, New York City has been proud to be an engine for economic growth worldwide. Even during these challenging times, more and more companies are locating or expanding here, including firms focused on international business and financial reporting. Of course, in a former life, I was one such small business owner, and I am proud to say New York’s future looks brighter than ever thanks to its status as a leader in the financial news industry. That is why we are honored to join Business Wire in celebrating its 50^th Anniversary.’

Business Wire was founded in San Francisco on October 2, 1961 by Lorry I. Lokey. The New York office opened its doors in 1980 and with San Francisco acts as co-headquarters for the company.

Today, the office boasts a full-service sales and newsroom team, media relations specialists and technology help desk. In addition to Tamraz, many of the top decision-makers call Business Wire’s New York office home, including President Gregg Castano, Executive Vice President and Chief Operating Officer Phyllis Dantuono, Senior Vice President, Financial Product Strategy Michael Becker, Senior Vice President, Business Policies and Procedures Richard DeLeo and Senior Vice President, Global Media Neil Hershberg.

As part of the Business Wire Gives Back 2011 initiative, many of New York’s employees have volunteered time to organizations such as The Valerie Fund, Voices Unbroken, St. Baldrick’s, Eva’s Village, God’s Love We Deliver, New Jersey Special Olympics, New York Cares and the Ramsey Wind Symphony.

About Business Wire

Business Wire, a Berkshire Hathaway company, celebrates its 50^th anniversary in 2011 as the global leader in press release distribution and regulatory disclosure. Public relations and investor relations professionals rely on Business Wire for both broad-based and targeted market reach. A recognized disclosure service in the United States, Canada and a dozen European countries, Business Wire handles XBRL tagging, document formatting and regulatory filing into EDGAR, SEDAR and other systems. Business Wire provides online newsroom hosting and integration services as well as search engine optimization, mobile distribution and detailed measurement on every press release. Its patented NX delivery platform provides simultaneous full-text posting of Business Wire content to news systems and websites in virtually any country or language. With 31 bureaus worldwide, Business Wire offers local service and global reach.

Learn more at BusinessWire.com and the BusinessWired blog; follow updates on Twitter: @businesswire or on Facebook.

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Business Wire
Richard DeLeo, +1-212-752-9600

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