handout vs press release

handout and press release both are nouns.

Word	Noun	Adjective	Verb	Adverb
handout	Yes	No	No	No
press release	Yes	No	No	No

As nouns, handout and press release are synonyms defined as:

handout and press release: an announcement distributed to members of the press in order to supplement or replace an oral presentation

Other synonyms of handout include release.

handout (noun)	press release (noun)
giving money or food or clothing to a needy person	an announcement distributed to members of the press in order to supplement or replace an oral presentation
an announcement distributed to members of the press in order to supplement or replace an oral presentation