PR Newswire to Provide SNL Clients with Cost-effective News Release Distribution, EDGAR Filings and XBRL Services

NEW YORK and CHARLOTTESVILLE, Va., Dec. 7, 2010 /PRNewswire/ -- SNL IR Solutions, a premier provider of investor relations Web sites and services, and PR Newswire, the global leader in news and information distribution services, today announced a strategic partnership agreement that will offer SNL IR Solutions clients a specialized package of PR Newswire's services, including press release distribution, XBRL services and EDGAR filings.

PR Newswire will empower SNL IR Solutions clients to comply with SEC requirements by providing convenient access to the tools needed to communicate timely information to analysts, investors and the media. In addition, PR Newswire will offer services to streamline compliance, such as XBRL filing and accurate conversions to HTML and ASCII for EDGAR filings.

"The addition of PR Newswire to our list of industry-leading partners solidifies SNL as a one-stop IR solution," said Mike O'Connell, Director of SNL IR Solutions. "SNL clients have access to a full range of IR services, including Webcasts & conference calls, targeting & surveillance tools, interactive annual reports, and ethics & compliance services."

"We look forward to working with SNL to extend PR Newswire's industry-leading news distribution and financial reporting services to the company's impressive client base," said John Viglotti, VP, Investor Relations Products and Services PR Newswire. "SNL clients will have the flexibility to choose the right mix of distribution options for earnings reports and material news, with PR Newswire's comprehensive and proven delivery network ensuring maximum exposure."

In addition, SNL and PR Newswire will be offering a special wire distribution solution for SNL's community bank clients. This cost-effective package is tailored specifically for institutions that only require local distribution via newswires, trade publications and the Web.