Talk about instilling investors and the media with confidence in a company's attention to detail.
PR NEWS' sister publication Broadband Business Report got a release from The Financial Relations Board for Pac-West Telecomm announcing better-than-expected
revenues for the first quarter. After assuring the editors that "PACW is a real company with real earnings and real cash flow," the release stated that PACW "below away" (sic) the
analysts' expectations. Also, the company has completed its second round of ISP contracts and "with little price degradation has reulsted in a mediam contract life of 29 months."
The release left the editors with the reassuring comment that "PACW will aggressively exploiting new technologies" to expand service offerings.
Tip to all companies, real or otherwise: take a deep breath, spell-check and re-read before distributing your hot news.