Founded in 1997 by Franz Temmel, pressetext came into being to offer a fresh approach to the conventional news and press release distribution scene. The idea sparked when Franz decided to create a digital platform that would deliver corporate news directly to journalists and decision-makers using the early internet, a fast and direct communication method he felt was lacking in traditional, slower media distribution channels. The platform has grown significantly over the decades, but the site continues to operate under the leadership of its original founder and private management team. Today, pressetext is still run by its dedicated team and is mainly focused on corporate news, financial updates, and business announcements, steering clear of typical daily topics like sports, politics, or entertainment. They're based in Vienna, Austria, with additional offices in Berlin, Germany, and Zurich, Switzerland, and have made a name for themselves among journalists and professionals looking for a reliable, direct source on the happenings in the European corporate world. One interesting fact: A unique fact about pressetext is its massive professional network and influence across the continent. Not only does the agency deliver daily news directly to over 100,000 subscribers, but it is also an official partner of both the European News Distribution Network (NEDINE) and the Association of Private News Agencies (APNA) .