1982 as canadian corporate news headquarters toronto ontario canada area served canada united states united kingdom europe asia and latin america key people adnan ahmed president and chief executive officer services online press release and content distribution . social media monitoring and research . owner omers private equity number of employees 300 subsidiaries sysomos website http www.marketwired.com coordinates 43 38 36 n 79 22 51 w 43.64328 n 79.380854 w 43.64328 ; 79.380854 marketwired is a press release distribution service headquartered in toronto canada . marketwired was founded in 1993 and incorporated in the u.s in 1999 . the company distributes press releases via traditional methods associated press bloomberg etc. as well as new media methods and other services . contents 1 corporate history 2 services 3 references 4 external links corporate history edit marketwired was founded as internet wire in october 1994 by pr agency owner michael terpin and online marketer michael shuler in los angeles ca . it received 17.5 million in venture capital in january 2000 . 1 the company changed its name to market wire in april 2003 after making a partnership with nasdaq where its services would be recommended to listed companies . 2 in 2000 a former employee of internet wire used the service to perpetrate an insider trading scam . he shorted emulex stock then published a fraudulent press release reporting problems at emulex corporation which lost 62 percent of its value in morning trading . he was found out by the fbi and sentenced to 44 months in prison . 3 for more details on this topic see emulex hoax . in 2006 marketwired then known as marketwire was acquired by ccnmatthews a 25 year old news distribution company in canada . the company adopted the name marketwire unilaterally . the company is now majority owned by omers private equity 4 which manages the private equity activities of omers administration corporation a canadian pension fund . the company s history can be traced back to 1957 . in july 2010 marketwire acquired sysomos a social monitoring and analytics service offering customers the ability to track their social presence across sites like facebook and twitter . 5 in october 2011 marketwire filed a lawsuit accusing pr newswire of trying to steal confidential information and trade secrets seeking at least 25 million in damages . 6 in april 2013 marketwire re branded changing its name to marketwired and introducing the tagline the power of influence with an updated logo . 7 in february 2016 marketwired was acquired by nasdaq . 8 services edit the company s services are categorized into six offerings . online press release and content distribution regulatory disclosure and filing services social media monitoring and analytics online content management and newsroom hosting media contact database and management tool software for collaborative content creation social research traditional and social distribution and performance measurement references edit internet wire launches second generation internet based company news service ; raises 17.5 million first round led by sequoia capital & hummer winblad venture partners . market wire . 2005 . http www.thefreelibrary.com renamed market wire looks to nasdaq deal to boost business . media & ... a0101531967 defendant in emulex hoax sentenced securities and exchange commission litigation release no. 17094 august 8 2001 . omers private equity marketwire acquires sysomos . marketwired . retrieved 24 june 2016 . stop the press releases pr newswire sued by rival . reuters . october 26 2011 . marketwire rebrands names delaney coo former yahoo vp as cto . mediapost . april 2 2013 . retrieved april 3 2014 . nasdaq to acquire marketwired nasdaq.com . nasdaq.com . retrieved 2016 02 12 . external links edit marketwired official site retrieved from https en.wikipedia.org w index.php title marketwired & oldid 726736006 categories press release agenciescompanies based in torontocompanies established in 1982omers1982 establishments in ontariohidden categories coordinates not on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages espa ol edit links this page was last modified on 24 june 2016 at 01 33 . text is available under the creative commons attribution sharealike license ; 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