Diligent Boardbooks Portal Adopted by 20% of the FTSE 100
LONDON, January 18, 2012 /PRNewswire/ --
Diligent Board Member Services (http://www.boardbooks.com), the world's leading provider of board portal software, announced that 20 of the FTSE 100 have now adopted the Diligent iPad board portal application.
Since the first Apple tablet was launched in 2010, Diligent Boardbooks® has seen a growing number of major UK corporations replacing their old-fashioned, cumbersome board papers in favour of more mobile tablet computers. Current tablet users of Diligent Boardbooks include FTSE 100 companies such as Standard Life and Kingfisher.
At Standard Life plc, the transition to Boardbooks technology is already paying dividends for directors. Associate Group Company Secretary, Paul McKenna said: "We spent 9 months reviewing the various products on the marketplace. When the Boardbooks for iPad app launched in June 2011 it became clear that this was the best solution." McKenna continued, "To be honest, not all directors were sure in advance - but our first electronic board meeting in September ran extremely smoothly and we haven't issued a paper pack since. We now have over 90 participants across 36 Boards and Committees - and are still adding. Diligent Boardbooks on the iPad really is changing the way we communicate with our directors."
"We see the rapid adoption of Diligent Boardbooks for the iPad app due to its strong security and intuitive interface," said Simon Small, Managing Director Licensing, Europe.
According to a recent poll published by Edis-Bates Associates, an independent corporate governance consultancy, "Over three-quarters of directors now have a positive attitude towards distributing and using board papers in electronic format." Jon Edis-Bates, who heads up the consultancy, added, "Substituting tablet devices for hard-copy board papers at board meetings is a massive cultural change for UK Publicly Listed Companies."
About Diligent Board Member Services, Inc (NZSE: DIL) http://www.boardbooks.com
Diligent Board Member Services is the global leader in board portals providing company directors, executives and administrators with Diligent Boardbooks®, an easy-to-use system of securely compiling, distributing, viewing, and archiving materials within a Software-as-a-Service (SaaS) model.
"Diligent Boardbooks" is a registered trademark of Diligent Board Member Services, Inc.
This document contains forward-looking statements within the meaning of the safe harbor provisions of the Securities Litigation Reform Act of 1995. Terms such as "expect," "believe," "continue," and "grow," as well as similar comments, are forward-looking in nature. Although the Company believes its growth plans are based upon reasonable assumptions, it can give no assurances that such expectations can be attained. Factors that could cause actual results to differ materially from the Company's expectations include: general business and economic conditions, competitive factors, raw materials purchasing, and fluctuations in demand. Please refer to the Company's Securities and Exchange Commission filings for further information.
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