I wouldnt go that far, but it provides a complimentary service for announcing news quickly.

The press release just has much broader potential. That hasnt stopped at least one company from offering a service that provides one line Twitterstyle press releases.When we think of press releases, we often think of distribution, which is a huge part of it definitely. But when using a newswire service like PRWeb, BusinessWire, PRNewswire, etc.