CNW launches online investor relations service
Press release distribution company CNW has launched a new service called IR Room that will provide investor relations website hosting for publicly-traded Canadian companies. The service includes a set of management tools, as well as press release feeds and data tracking tools that companies can use to add content to existing websites. CNW has also released a smartphone application that integrates with the service. "IR Room was designed to help make the lives of IR professionals easier," said Tim Griffin, product vice-president at CNW. "By automating many of the processes that would otherwise have to be done manually, IR Room saves our clients time and resources and also helps mitigate the risk of human error. Additionally, the new features we're introducing with IR Room will help our clients better communicate with their stakeholders in today's increasingly social media and mobile-focused world."