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MediaOnDemand.com Launches Webcasting Services For Fair Disclosure RegulationsMediaOnDemand.com
NEW YORK, NY Apr 23, 2001 MediaOnDemand.com, a leading financial Webcaster and streaming media application service provider (ASP), today unveiled its new line of Webcasting services that are designed as simple, cost-effective solutions to publicly-traded companies' new Regulation FD requirements. As part of its financial services product suite, MediaOnDemand.com has developed Earnings Call and Conference product lines that enable publicly-traded companies to quickly and cost-effectively satisfy the Securities and Exchange Commission's Regulation FD requirements that went into in October, 2000. "Our Earnings Call and Conference products simplify the process of complying with new Regulation FD requirements MediaOnDemand.com has combined these offerings in cost-effective packages that provide consistent, reliable, and easily executed compliance with Regulation FD requirements," said Charles Saracino, President and CEO of MediaOnDemand.com. MediaOnDemand.com's Earnings Call product includes a live audio Webcast and slide presentation for quarterly earnings calls that meets the simultaneous disclosure rules covered by the Regulation FD. Listeners can also replay an archive of the call for up to a month afterwards. The Conference product offers a live audio or video Webcast and slide presentations for multiple speakers from any office or off-site conference location. About SEC Fair Disclosure Regulations The Securities and Exchange Commission (SEC) adopted Regulation Fair Disclosure or, "Regulation FD", as of October 23, 2000. Regulation FD requires publicly-traded companies to publicly and simultaneously disclose material information issued by investor relations officers, directors and executive officers, and other employees or agents who regularly communicate with investors and securities market professionals such as analysts, brokers, and institutional investment managers. Regulation FD is intended to combat abuse of nonpublic information that may occur by selective disclosure. Full details on Regulation FD are available on the SEC's Web site at www.sec.gov/rules/final/33-7881.htm About MediaOnDemand.com Headquartered in New York City, MediaOnDemand.com (www.mediaondemand.com) is a leading streaming multimedia application service provider with an expanding content distribution network. The company specializes in providing comprehensive solutions to Fortune 500 clients and financial services firms, including the American Stock Exchange, Lehman Brothers, Intel, McGraw-Hill Companies, UBS Paine Webber, Merrill Lynch, NASDAQ, Oppenheimer Funds, AXA, Citigroup, and the New York Stock Exchange. Privately held, the firm was established in 1992 and has strategic service agreements with partners that include Enron Broadband Services, Akamai Technologies, and Speedera Networks.
Copyrights: Copyright 2001 Internet Wire, All rights reserved. Presented by BizWiz
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