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Pressat

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Pressat
File:Pressat logo.png
ISIN🆔
Industry
  • Publications
  • communications
Founded 📆2010
Founder 👔
Headquarters 🏙️,
Manchester
Area served 🗺️
Members
Number of employees
ParentGlobal Newswire Group
🌐 Websitewww.pressat.co.uk
📇 Address
📞 telephone

Pressat is a British press release distribution company headquartered in Manchester, UK.[1] It gained prominence for being the first UK based firm to accept Bitcoin as payment method.[2][3] It is a wholly owned subsidiary of Global Newswire Group.[4]

History[edit]

Pressat was founded in 2010 by two students from the University of Salford[5] with an office located in Ancoats, Manchester.[6] It disseminates full-text press releases from companies and organizations around the world to the news media, financial markets, disclosure systems, investors, information websites, databases, blogs, financial terminals, social networks and other audiences.[7][8]

Pressat offers distribution services to 160 countries in different languages and has partnered with the UK’s national news agency PA Media (formerly known as the Press Association), Thomson Reuters, NASDAQ OMX for UK financial disclosures, and, most recently, News Aktuell GmbH, a subsidiary of the German Press Agency, Deutsche Presse-Agentur.[9] It also offers copyrighting, translations and photo distribution services.[10][11]

In 2014 Pressat exposed a major scam targeting newswires with false invoices. The investigation found that fraudsters were obtaining information from thousands of press releases to falsify invoices.[12]

References[edit]

  1. Greenslade, Roy (12 September 2014). "Journalists top the coffee-drinking league table despite health risks". The Guardian.
  2. Coffee, Patrick (11 December 2013). "UK Firm Claims to Be the First to Accept Bitcoin". www.adweek.com. Adweek.
  3. "Pressat adds Bitcoin as a payment form". thepaypers.com.
  4. "Bring the social online news room to your business with Pressat". Ventureburn. 17 August 2012.
  5. "PR firm accepts payment in bitcoin; 'the same price as an ounce of Gold'". The Drum. Pressat was founded in Greater Manchester, Ancoats and was designed and developed by two Graduates from the University of Salford.
  6. "Journalists and others in media drink the most coffee, survey says. Surprised?". Los Angeles Times. 12 September 2014.
  7. Byers, Dylan (12 September 2014). "Coffee and journalism". Politico.
  8. "Survey: The Working World Loves Coffee, But Journalists Love It The Most - CBS Philadelphia". CBS News. 15 September 2014.
  9. "Manchester's Pressat becomes first PR company to accept bitcoins". Prolific North. 10 December 2013.
  10. "About Pressat Press Release Distribution". pressat.co.uk.
  11. "Pressat unveils sociable online newsrooms". TheMarketingblog. 15 August 2012.
  12. Leyden, John. "Press release scam pelts poor PRs with volley of UNTRUE invoices". www.theregister.com. The Register.


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