NEW YORK - (Business Wire) The New York Society of Security Analysts (NYSSA) announced that Bitstream Inc. (NYSE: BITS) is the subject company for the 8th Annual Investment Research Challenge. The Investment Research Challenge is an educational initiative in which leading industry professionals teach business and finance students how to research and report on a publicly traded company. It consists of training in research and report writing, analysis of a public company, mentoring by a professional research analyst, assessment of written reports, and presentation of research to a high profile panel of Wall Street experts. NYSSA introduced the Challenge eight years ago as a means to promote best practices in research among the next generation of analysts.
The Gold Sponsors for the Challenge are EDGAR Online and Thomson Reuters and the Silver Sponsors are CFA Institute and Credit Suisse.
This year’s challenge has grown to include 16 area universities. Returning universities are Baruch College’s Zicklin School of Business, Columbia Business School, Fordham University’s College of Business Administration, Hofstra University’s Frank G. Zarb School of Business, NYU Stern School of Business, Pace University’s Lubin School of Business, The Peter J. Tobin College of Business at St. John’s University, Rutgers Business School-Newark and New Brunswick, Stillman School of Business at Seton Hall University, Charles F. Dolan School of Business at Fairfield University, The Hagan School of Business at Iona College, Stony Brook University’s College of Business, Christos M. Cotsakos College of Business at William Patterson University and Yale University. New to this year’s Challenge are: Quinnipiac University’s School of Business and Cornell University’s The Johnson School. Last year’s winning school was Yale University.
The winning team will be selected based on the combined scores for the written report and the presentation and will qualify for the CFA Institute Global Investment Research Challenge to compete against teams from schools across the world. The Global Challenge will be held in Hong Kong during April, 2010.
For more information, please visit www.nyssa.org/irc.
About NYSSA
The New York Society of Security Analysts (NYSSA) is a leading forum for the investment community. NYSSA’s mission is to establish and maintain a high standard of professional ethics in the security analysis field; to improve analytical techniques; to foster the interchange of ideas and information among security analysts; and to promote proper understanding of the function of financial and security analysis and the operation of the security markets.
NYSSA also strives to assist our members and other financial professionals in their career development. Founded in 1937 by a small group of analysts that included Benjamin Graham, NYSSA now has over 11,000 members and is the largest of the more than 135 societies that comprise CFA Institute.
NYSSA
Brian Stype, 646-871-2634
Bstype@nyssa.org
