A press release, news release, media release, or press statement is a written or recorded communication for news reporters. Its purpose is to let them know about something that is news. These are mailed, faxed, or e-mailed to editors at newspapers, magazines, radio stations, television stations, and television networks. There are companies whose job is to send out this information.
The use of a press release is common in public relations. People use this to get the media to take notice of them, or get publicity for a product, or event that they might be holding. A press release gives reporters the basic information they need to write a news story. Press releases can announce a range of news items such as: events, promotions, awards, new products and services, sales and other financial data, accomplishments, etc.
A press statement is information given to reporters. This is an official statement or account of a news story that is specially written for newspapers and other news media for them to make known to the public.