"The TSE's electronic disclosure guidelines recognize that sound disclosure practices can be enhanced by adopting new technologies." explained Clare Gaudet, Vice President, Corporate Finance Services at the TSE. "The TSE endorses Q1234.com as a channel to ensure that timely and accurate corporate information is easily accessible to all investors."
Under the agreement, the TSE will link to Q1234.com from the "Listed Companies" page on tse.com, the TSE's Web site, and will promote the webcasting service to TSE-listed issuers. For those companies subscribing to the service, the TSE will provide a link from the company's page on tse.com to the Q1234.com website.
Q1234.com offers audio-only live webcasts of 25 streams or less at no cost to TSE-listed companies issuing an announcement or organizing an event. Additional customized services such as integration of video and slide productions, online audience Q&A web boards, and live online web polling are also available to issuers.
"Our relationship with the TSE has been important to the success of Q1234.com," says Sudhir Morar, General Manager of Salter New Media. "Q1234.com has become the leading Canadian webcast provider for publicly traded companies and continues to show steady growth."
Since its launch, Q1234.com has broadcast over 200 corporate events. Companies such as Alcan Aluminum Ltd., Suncor Energy Inc. and Noranda Inc. have used these services. In February, Q1234.com broadcast the Annual General Meeting of The Royal Bank of Canada.
Salter New Media is an affiliate of Salter Street Films Limited (TSE: SSF), in association with MT&T Holdings Inc., an Aliant company (TSE: AIT). The company focuses on the creation of original, branded content for the Internet. Salter New Media products include Q1234.com; InvestorCanada.com, that broadcasts exclusive interviews with the world's leading fund managers and financial experts; and Bargoon.com, a local auction site.
The fully automated Toronto Stock Exchange consistently ranks among the world's top exchanges by market capitalization and trading volume. In 2000, the average daily value of TSE trading has exceeded $3 billion. The TSE provides investors with a well-regulated, fair and accessible marketplace.