POMPANO BEACH, Fla., May 1, 2013 /PRNewswire/ -- Onstream Media Corporation (OTCQB: ONSM), a leading online service provider of live and on-demand corporate audio and web communications and virtual event technology with integrated social media marketing tools, today announced that it will co-sponsor a webinar, Social Media and the SEC's Latest Announcement: Where Do We Go From Here? The online forum will explore the recent SEC announcement endorsing use of social media in certain cases for the dissemination of news by publicly-held companies. http://www.webcaster4.com/Webcast/Page/10/1347
The SEC's April 2, 2013 announcement contained guidance under which public companies might disclose material information, including financial results, through social media channels, such as Facebook and Twitter, as long as investors have been appropriately alerted about which social media will be used to disseminate such information.
The webinar, hosted by CommPRO, sponsored by Akamai, webcast by Onstream Media and produced by the AXA Equitable Production Group in New York City, can be viewed on-demand at CommPRO.biz on May 1st. Leaders from public companies, disclosure wire services, the NASDAQ and NYSE will debate whether releasing earnings reports and other corporate news via social media will meet investors' needs for fair and full disclosure.
Veteran investor relations analyst and CommPRO contributor Gene Marbach moderates the forum. The live studio audience includes senior investor relations officers from publicly-held companies and financial journalists.
Business Wire – Cathy Baron Tamraz, Chairwoman and CEO
KCSA/theIRapp™ –Jeff Corbin, CEO / Founder
Loeb & Loeb – Kenneth R. Florin, Partner & Co-Chair, Advanced Media and Technology, Chair, Digital Media
Marketwired – Michael Nowlan, President and CEO
NASDAQ OMX –Matt Farlie, Managing Director, Global Corporate Solutions, The NASDAQ OMX Group
NYSE – Judith C. McLevey, Vice President, Head of Corporate Actions and Market Watch, Global Corporate Client Group, NYSE Euronext
PR Newswire –John Viglotti, Vice President, Investor Relations Products and Services
Stockr, Inc. – Vinny Jindal, CEO and Co-Founder
"Communicating with customers, partners, prospects, media, analysts and other constituents via social media channels has become a widely accepted and even preferred communications vehicle for many businesses across all industries," said Randy Selman, President & CEO, Onstream Media. "We are pleased to participate as the webcasting service provider to broadcast this event on behalf of a group of industry leaders that uniquely understand the requirements and complexities that publicly held companies face in today's social media era."
As an industry-leading provider of webcasting and webinars for SEC-regulated companies, Onstream Media continues to pursue new trends and develop efficient and economical methods for its clients to meet their Fair Disclosure requirements.
The contents of this press release, as well as that of the May 1st webinar, while intended to provide information on recent accounting and legal developments, should not be construed as accounting or legal advice, or an opinion, with respect to specific situations or questions.
About Onstream Media:
Onstream Media Corporation (OTCQB: ONSM), is a leading online service provider of live and on-demand corporate audio and web communications and virtual event technology with integrated social media marketing tools. Onstream Media's innovative Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The company's MarketPlace365® solution enables publishers, associations, tradeshow promoters and entrepreneurs to rapidly and cost effectively self-deploy their own online virtual marketplaces. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. To date, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services. Select Onstream Media customers include AAA, Dell, Disney, Georgetown University, National Press Club, PR Newswire, Shareholder.com (NASDAQ), Sony Pictures, and the U.S. Government. Onstream Media's strategic relationships include Akamai, BT Conferencing, and Trade Show News Network (TSNN). For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
SOURCE Onstream Media Corporation