In 1961, Business Wire opens its first office in San Francisco with 1¼ employees (founder Lorry Lokey being the full-timer). The company has its first profitable month in January of 1962. It rapidly grows its media reach and improves the speed of sending copy out to the media. By the end of its first decade, Business Wire has 15 employees in two offices and has a roster of 300 companies.

Lorry I. Lokey opens the doors of Business Wire in San Francisco, serving seven clients in the Bay Area and reaching 16 media points via a 70-mile-long private network circuit. All seven clients send releases on the first day of operations.

Business Wire opens its second office, in Los Angeles, and increases its delivery speed to the maximum possible at the time: 100 words per minute.

Business Wire continues to expand with the openings of offices in Seattle in 1975 and Boston in 1977, its first East Coast office. Throughout the decade, continuous advancements in technology are made, including satellite-to-computer delivery of news. The company installs its first computer at the end of the '70s – a Honeywell the size of two breadboxes.

Business Wire establishes the industry's first satellite-to-computer delivery of news via Associated Press DataFeatures, at 1,200 words per minute, leading the rest of the newswire industry by 18 months.

Future CEO Cathy Baron Tamraz joins Business Wire as an editor in its San Francisco office.

Business Wire continues its rapid expansion in the 1980s, opening offices in Atlanta, Charlotte, Cleveland, Denver, Miami, Nashville, Newport Beach, Philadelphia, Phoenix, San Diego and Silicon Valley. Internationally, the company establishes distribution and sales agreements with affiliates in Canada, Europe and Asia. Also, during this period, the company provides press releases directly to investment houses and financial analysts with its AnalystWire service, a system still in use today.

Business Wire opens its New York office, which today serves as East Coast headquarters and home base for CEO Cathy Baron Tamraz, President Gregg Castano, Chief Operating Officer Phyllis Dantuono and other key executives.

Future company president Gregg Castano joins Business Wire as an account executive in the New York office.

Business Wire creates its first target-market service, SportsWire, targeting sports writers and programs along with vertical market trade media.

Future EVP and COO Phyllis Dantuono joins Business Wire's New York office as an account executive.

Business Wire begins adding its press release file to database systems. Today, Business Wire content is available in LexisNexis back to 1983.

By 1990, Business Wire employs 150 people in 16 offices and has annual revenues of $14 million. Throughout the decade, the company adds bureaus in Chicago, Dallas, Houston, Minneapolis, Sacramento, San Antonio and Washington, DC, and establishes Business Wire Latin America and the company's first European bureau in Brussels, Belgium.

The company introduces more target-market services, including AutomotiveWire, EntertainmentWire and HealthWire, and offers tools for media, such as PressPass, a service for customized news delivery, and ExpertSource for matching media with quotable experts and story sources.

The company begins transmitting press releases directly to the London Stock Exchange.

The company celebrates its 30th anniversary by moving to the 39th floor of its headquarters at 44 Montgomery Street in San Francisco, offering a 360-degree view of the city and the Bay Area. Future CIO Steve Messick, formerly a technology consultant for Business Wire, joins the company to head up its technology operations.

Business Wire breaks new ground by becoming the first commercial newswire to offer satellite photo delivery, via AP PhotoExpress.

Business Wire launches one of the earliest commercial websites, posting all English-language press releases issued each day. BusinessWire.com is the industry's first online newswire.

Foreign-language press releases are added to BusinessWire.com, and news delivery speed increases to 19.2 kbps.

The Smart News Release embeds photos, audio and video in press releases. Hard-copy photos are often scanned by Business Wire editors and then made available in high resolution to media and web viewers.

The company introduces Business Wire Connect, its secure online ordering system, which at the time was delivered to customers on two 3.5" floppy disks

Business Wire establishes its trade show and events division, providing event-specific news archives at TradeShowNews.com.

The company launches LogoLink, allowing clients to display their full-color logos with their press releases on BusinessWire.com.

The company opens its first office outside the US, adding to a network of 26 US offices and affiliates across Europe, Japan and Latin America.

By 2000, Business Wire has more than 400 employees in 26 offices, and $40 million in revenue. Business Wire continues its international expansion in the millennium, opening offices in the UK, Germany, France, Canada, Japan and Australia. The company increases its international news reach via partnerships with Canwest (now Postmedia Network), Jiji Press, Interfax, Notimex, vwd, Newsis, Taiwan Central News Agency, ME Newswire, Agencia Estado and many more.

Business Wire also dives fully into social media with the launch of BusinessWired, the company blog, followed by a Facebook page, LinkedIn page and a company Twitter feed, which grows into multiple Twitter feeds by the end of the decade.

Following the issuance of Regulation Fair Disclosure (RegFD) by the SEC, Business Wire becomes the first newswire to eliminate the standard 15-minute delay between issuance of news to financial media and directly to the public, giving investors and all audiences simultaneous access to market-moving information.

Business Wire marks its 40th anniversary with bi-coastal events: Then-COO Cathy Baron Tamraz opens that day's NASDAQ trading session in New York, while San Francisco Mayor Willie Brown proclaims the day "Business Wire Day" in honor of the company and of founder Lorry Lokey.

Business Wire begins offering EDGAR (SEC) formatting and filing for its publicly traded clients, the first wire service to offer this crucial disclosure service. Today, Business Wire is the seventh-largest filer of EDGAR documents in the world.

The company opens a London office, its first wholly owned European operation. Further expansion is expected due to the shifting regulatory environment.

The company expands into the D/A/CH region to service clients in Germany, Austria and Switzerland.

Business Wire is approved as a Regulatory Information Service provider by the Financial Services Authority, allowing the company to fulfill statutory disclosure requirements for all publicly traded clients listed in the UK. Business Wire is also sanctioned by the Deutsche Bourse to provide disclosure for companies listed on German stock exchanges.

Cathy Baron Tamraz is named President, taking over the position from founder Lorry Lokey, who remains as CEO until 2005. Steve Messick is named Chief Information Officer.

Business Wire introduces NX, its proprietary, simultaneous high-speed news delivery system, capable of delivering hundreds of full-text press releases every minute. Also, the company adds NewsTrak reporting to its press releases, providing audience measurement data and analysis to customers.

Business Wire becomes the first outside service in the 169-year history of Agence France-Presse to be carried on their primary network to news organizations throughout the Asia-Pacific region. The exclusive AFP partnership expands into Europe in 2005.

BusinessWire.com becomes available to users in six languages, and adds RSS feed capabilities. Within the next five years, country-specific sites are made available in the UK, Germany, France, Italy, Japan and Canada, all with fully customizable RSS capabilities.

Business Wire becomes the first newswire service capable of delivering financial data in eXtensible Business Reporting Language (XBRL), a format which allows automated parsing of balance sheets, income statements, cash flow statements and other documents by financial analysts.

Cathy Baron Tamraz is named CEO of Business Wire.

The company is the only global service provider with a full-service office in France.

Business Wire opens an office in Tokyo, Japan, its first full-service office in the Asia-Pacific region.

Business Wire, privately held since its founding in 1961, is acquired in whole by Warren Buffett's Berkshire Hathaway (Fortune 11). As a wholly owned subsidiary, Business Wire is able to draw upon the substantial financial and management resources of BH, while maintaining its own management and day-to-day operations.

Business Wire is awarded U.S. Patent No. 7,069,245 for its NX news delivery system. The company is the only commercial newswire to own its own patented, Internet-based simultaneous delivery system.

Business Wire launches EON: Enhanced Online News, an optimized web platform through which its clients enjoy increased search engine visibility.

Gregg Castano and Phyllis Dantuono are named co-chief operating officers of Business Wire.

Business Wire launches Public Policy Wire, enabling public affairs specialists
to effectively deliver their press releases to governement news systems and policy news influencers.

The European Union's Transparency Obligations Directive, governing the disclosure of material news for EU members, takes effect; Business Wire is able to provide recognized disclosure networks in Belgium, France, Germany, Ireland, Luxembourg, the Netherlands, Sweden and the UK. Over the next year, disclosure options are added in Austria, Denmark, Finland, Ireland and Switzerland.

Business Wire continues its international expansion with the opening of its full-service office in Toronto, Canada.

Business Wire, in partnership with impreMedia, creates LatinoWire, delivering news in English and Spanish to Latino audiences across the US.

Business Wire debuts Press Release Builder to help communicators craft press releases to enhance their search engine ranking.

Business Wire makes its press releases available to mobile users via the AP Mobile application. The company also launches its own iPhone app and mobile-optimized website, and its news becomes available in other popular mobile news apps.

Business Wire is awarded Canada Patent No. 2513164 for its NX news delivery system.

Gregg Castano is named president of Business Wire while Cathy Baron Tamraz remains as CEO and Chairman. Phyllis Dantuono is named chief operating officer.

Throughout its 50 years in the industry, Business Wire has strived to provide the best technology, reach and service to help its members deliver their news to the audiences most important to their business via the sources they trust most. Today, the company is proud to boast 31 bureaus and more than 500 employees around the world.

Business Wire announces its Global-Mobile-Social-Measurable enhancements to press releases, providing its users with expanded worldwide distribution options, reach to mobile users worldwide through a variety of apps, increased sharing capabilities via social networks and sophisticated measurement tools.

Business Wire launches an Online Press Kit service for trade show and event exhibitors, with social media and SEO features and self-publishing capabilities.

Business Wire announces NewsHQ and InvestorHQ, full-featured online newsrooms and investor centers developed and hosted entirely in-house.

Business Wire celebrates its 50th anniversary as the global leader in press release distribution and regulatory disclosure.

The company's Asia-Pacific services expand with the opening of a sales office in Sydney, Australia, serving the Australia and New Zealand markets.