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Emily Probst from Modern Machine Shop discusses how to write and submit an effective press release. She outlines basic steps, starting with deciding the topic, which can include new products, technologies, events, trade shows, mergers, or changes in management. A press release serves as a communication tool to inform the media about significant happenings in the business, potentially leading to larger stories. Probst emphasizes the importance of being concise, as she receives numerous press releases weekly, making brevity essential for effective communication.