verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . august 2007 learn how and when to remove this template message business wire type wholly owned subsidiary founded 1961 ; 55 years ago 1961 founder lorry i. lokey headquarters 101 california street san francisco number of locations 32 2016 1 key people cathy baron tamraz chairman and ceo greg castano president richard deleo coo 2 steve messick chief information officer parent berkshire hathaway subsidiaries enhanced online news bizwire tv tradeshownews.com website www.businesswire.com business wire a berkshire hathaway subsidiary is a company that disseminates full text press releases from thousands of companies and organizations worldwide to news media financial markets disclosure systems investors information web sites databases bloggers social networks and other audiences . history edit business wire was founded in 1961 3 by lorry i. lokey . it launched the company s website in may 1995 . in 2000 business wire was the first commercial newswire to end the practice of distributing news to financial outlets 15 minutes before anyone else to provide immediate equal access to company information as noted by reg fd . 4 business wire s first wholly owned european operation launched in 2001 with the opening of an office in london . 5 on june 1 2005 business wire entered the german ad hoc market with a disclosure network for companies with primary or secondary listings on the deutsche boerse . the service was established in compliance with bafin germany s national securities regulator . on september 15 2005 business wire established regulatory disclosure networks in france sweden switzerland and luxembourg . the move came in anticipation of the anticipated implementation of the eu s transparency obligations directive tod . on january 1 2007 autorit des march s financiers the french financial markets regulator approved business wire to operate as a regulatory disclosure service in france . since 2005 its chief executive officer and president has been cathy baron tamraz . 3 on january 10 2005 business wire established an asian hub with the opening of its tokyo japan bureau and later that year added japanese making the site available in seven languages . on january 17 2006 berkshire hathaway announced that it was purchasing business wire for an undisclosed amount . this acquisition was completed on march 1 2006 . 6 in 2008 business wire partnered with impremedia to launch latinowire a news distribution service that distributes brand content to hispanic websites media outlets journalists and bloggers . 7 in 2011 business wire received a patent for the technological process of optimizing and distributing press releases to maximize their ability to be found and tracked in leading search engines . 8 on september 23 2013 business wire announces exclusive distribution partnership with venturebeat 9 on november 3 2013 business wire opened its 32nd office in hong kong . 10 in january 2014 business wire launched a new news and content distribution enhancement service . 11 references edit http www.businesswire.com portal site home about http newsroom.businesswire.com executive committee a b company overview of business wire inc. . bloomberg business . retrieved september 15 2015 . 15 minutes are up at business wire . pr week . september 25 2000 . business wire to launch own euro office in london . pr week . february 23 2001 . berkshire hathaway completes acquisition of business wire . business wire . business wire launches latinowire in venture with impremedia . editor and publisher . warren buffet s business wire awarded patent for press release seo . searchengineland . business wire comes on as new partner . venturebeat . psa business wire announces opening of hong kong full service office . bulldogreporter . psa business wire launches interactive news services . prweek . external links edit business wire v t e berkshire hathaway board of directors warren buffett chairman and ceo charlie munger howard graham buffett susan decker bill gates david gottesman charlotte guyman donald keough thomas murphy ronald olson walter scott jr. insurance applied underwriters berkshire hathaway assurance berkshire hathaway homestate companies kansas bankers surety company berkshire hathaway specialty insurance boatus central states indemnity gateway underwriters agency geico gen re medical protective national indemnity company guard insurance seaworthy insurance company united states liability insurance group materials and construction acme brick benjamin moore & co. charter brokerage clayton homes international metalworking companies johns manville lubrizol marmon marmon herrington procor union tank car company mitek mouser electronics precision castparts corp. shaw industries tti furniture cort business services jordan s furniture larson juhl nebraska furniture mart rc willey home furnishings star furniture apparel brooks sports fruit of the loom russell vanity fair fechheimer brothers garanimals h.h. brown shoe group acme boots justin brands louis transportation berkshire hathaway automotive burlington northern santa fe corporation flightsafety international forest river marquis jet mclane netjets netjets europe utlx xtra lease food ctb international international dairy queen dairy queen karmelkorn orange julius kraft heinz the pampered chef see s candies media the buffalo news business wire bh media bristol herald courier culpeper star exponent the daily nonpareil danville register & bee dothan eagle eden daily news the eagle enterprise ledger grand island independent hickory daily record independent tribune jackson county floridan kearney hub martinsville bulletin the morning news nelson county times news & record news & messenger north platte telegraph omaha world herald opelika auburn news the press of atlantic city roanoke times richmond times dispatch star herald statesville record & landmark the daily progress the free lance star the mcdowell news the news & advance the news herald the news virginian the reidsville review tulsa world waco tribune herald winston salem journal york news times wplg jewelry ben bridge jeweler borsheim s fine jewelry helzberg diamonds richline group scott fetzer campbell hausfeld ginsu kirby world book encyclopedia energy midamerican energy company nv energy pacificorp northern powergrid calenergy generation kern river gas transmission company northern natural gas homeservices of america other duracell oriental trading company related articles blue chip stamps wesco financial owned assets category retrieved from https en.wikipedia.org w index.php title business wire & oldid 743698020 categories berkshire hathawaypress release agenciescompanies based in san franciscohidden categories articles needing additional references from august 2007all articles needing additional references navigation menu personal tools not 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