Have a Question For Your CEO? Australian Service Sets New Standards in Corporate DisclosureMonday 8th February 2010 | 1:39 PM« Back to Listing
DearCEO, a Melbourne-based start up, is a powerful online communication tool that empowers shareholders and companies. Acting as a proxy for all its members, DearCEO provides a live repository of Questions and Answers (Q&A) between listed entities and investors. Its unique platform is one of the most advanced market disclosure mechanisms that gives all investors equal access to top level company management. "Instead of the usual scripted interview, DearCEO provides a candid, investor-powered interview where we give investors the interviewer's seat" said Philip Tan, creator of DearCEO. The inspiration for DearCEO came from a friend who was the Chief Executive Officer (CEO) of a small-listed biotechnology company. Often complaining about how much time it takes for him to reply to investor enquiries, "He kvetched about spending all his time replying to investor emails containing duplicate questions," Tan said. "For the first time, CEOs can reach grass root investors with the click of a button". A keen investor and Warren Buffett follower, Tan believes "Investors often forget that as shareholders you own the business. It is important to understand the business well and this sometimes means asking the right questions". DearCEO solves the communication needs of all market participants in a highly regulated area. DearCEO already has plans to extend its free service to US and UK investors next. Key features of DearCEO are: Aggregator: DearCEO aggregates investor questions 24 hours a day, 365 days a year. Through computer and human filters, only unique questions get sent to CEOs weekly. Storage: All investor questions and company responses stored on DearCEO are unique, organised and accessible at all times. Cost effective: DearCEO distributes CEO responses to all participating investors and its network of affiliate sites. A copy of the transcript will also be prepared for ASX Disclosure Platform in line with continuous disclosure of all material information. Those interested to find out more about DearCEO can visit http://www.dearceo.com.au/. About DearCEO DearCEO is an advanced Investor Relations Solution that empowers investors and listed companies using an interactive web-based Frequently Asked Questions (FAQ) system. DearCEO is a free service and allows investors to submit questions directly to investor relations of public-listed companies. For more information, visit http://www.dearceo.com.au/ to watch the video.
Contact: Philip Tan Phone: 0402799757 Fax: +613 9809 4769 Email: info@dearceo.com.au Web: http://www.dearceo.com.au/ Press release published by Seeking Media. www.seekingmedia.com.au |
