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LexisNexis Launches Corporate Affiliations Site

Dayton, OH (PRWEB) June 13, 2006 -- LexisNexis U.S., a leading provider of information and services solutions, today announced the launch of CorporateAffiliations.ecnext.com, a pay-as-you-go or monthly subscription site, for finding timely corporate hierarchy information on nearly 200,000 prominent public and private parent companies and their subsidiary companies, divisions, joint ventures and affiliates. This online database includes approximately 50,000 U.S. public, 55,000 international and 78,000 private active parent and child company/organizational records.

LexisNexis Corporate Affiliations is designed to meet the needs of various corporate departments. Sales teams are able to leverage the database to discover obscure cross-sell and up-sell opportunities within corporate family trees. Business development teams can identify strategic relationship opportunities, and legal departments can utilize the database to upgrade their conflict of interest management process. The database also enables finance experts to better determine spending and discount opportunities, and helps corporate citizenship teams identify new leads to additional contributors.

By providing an extensive array of information updated weekly from 6,500 news sources, the database improves the comprehensiveness and relevancy of search results for its various end-users. Business information listed may include annual revenues, brands, products, ticker symbols, number of employees, and a list of competitors. The database also simplifies contacting corporations by providing the address, phone, fax, URL, and names and email addresses of key personnel at each corporation.

“Company hierarchy and contact information is often outdated or unavailable on the web, so our research team conducts up to 600,000 calls annually to find up-to-date information for our Corporate Affiliations website,” said Tim Fusco, vice president of publishing operations for LexisNexis Corporate and Federal Markets. “Our pay-as-you-go pricing and subscription options allow both the occasional and full-time researcher to find the answers they need to make informed business decisions.”

Locating a company in the database is quick and easy even if a user only knows one brand or product name of a company. By entering a product or brand name, the database quickly retrieves and displays the parent company and its family tree. Additional methods of finding a company include searching by an NAICS code, business description, geographical location or size of business. An easy-to-use reading room option allows end-users to save records for up to one year.

For more information, please visit http://CorporateAffiliations.ecnext.com, call (800) 340-3244 or e-mail corporateaffiliations @ lexisnexis.com. To view the flexible pricing options, please visit http://corporateaffiliations.ecnext.com/coms2/page_price_info.

About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leading provider of information and services solutions, including its flagship Web-based Lexis® and Nexis® research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide.

LexisNexis has more than 30 years of experience in organizing enormous data stores and developing and delivering sophisticated search, integration, and analytic tools that can be tailored to a user’s workflow. LexisNexis works closely with its customers to help them find the answers they need to make informed business decisions that drive winning results.

LexisNexis Corporate Affiliations is published by LexisNexis. The LexisNexis Corporate Affiliations team makes up to 600,000 phone calls annually to company insiders for reportage clarifications, and weekly updates provide timely data on the always-changing corporate landscape.

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