This press release uses a format that is generally accepted by most media. The release should be double-spaced. Keep it brief and in inverted-pyramid style: most important news first, secondary news next, etc. If the story runs on to a second page, identify your story in the upper left-hand corner. End the release with three # symbols bottom-center.
Contact: <contact information>
<DATELINE>--Abc Company has formed a strategic partnership with <allied company name> to jointly fund <subject of funding>. It is believed that this alliance will allow both companies to benefit from <type of project you're funding>.
<details of alliance>
For more information, please contact <contact person> at <contact number>.