Business Wire and Communitech today announced an exciting new partnership that will help Canada’s vibrant startup community better reach news consumers, investors and journalists.

Business Wire will act as the official newswire of Communitech, offering its members assistance with news release best practices and special pricing on news distribution services regionally and globally. This exclusive partnership aims to further promote the Waterloo Region’s vibrant tech community.

Communitech is an innovation centre located in the heart of Waterloo, Ontario. According to a 2015 Startup Compass Report, Waterloo is second only to Silicon Valley in startup density size. Communitech’s 50,000 square foot “Hub” plays a pivotal role in helping startups succeed and grow.

“Business Wire has a long history of connecting innovative companies with key startup stakeholders. As an organization with a corporate culture based on innovation and industry firsts , we are excited to partner with Communitech as they continue to play a leading role in facilitating the growth of Canada’s startup space,” said, Greg Blazina, Regional Manager, Eastern Canada.

Business Wire provides innovative news and multimedia distribution services powered by its patented NX distribution network. The company also provides full compliance with the regulations governing timely disclosure of material news for all stock exchanges and securities commissions in Canada.

Communitech members will also have access to Business Wire’s exclusive VentureBeat distribution and potentially be featured in BizWireTV’s weekly Accelerator Report. VentureBeat is the leading source for news, events, groundbreaking research and perspective on technology innovation. The highly-targeted audience for VentureBeat includes investors, business decision makers, tech industry leaders and consumer enthusiasts. BizWireTV’s weekly Accelerator Report is a digital news show that features highly viewed and shared news releases focused on startups, industry disruptors, and product launches.

“Business Wire is a global leader in press release distribution, and Communitech is proud to select Business Wire for our press releases. The NewsTrak Report allows me to conveniently track key metrics and truly see the value in Business Wire’s expert service,” said Samantha Clark, Public Relations Specialist, Communitech