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Diligent to Exhibit Boardbooks for the iPad at ABA Annual Convention(October 18, 2011)
NEW YORK, NY -- (Marketwire) -- 10/18/11 -- Diligent Board Member Services (NZX: DIL), the world's leading provider of board portals, will be exhibiting its Diligent Boardbooks® platform at the American Bankers Association Annual Convention, Business Expo & Directors' Forum. This year marks Diligent's third consecutive appearance at the conference, which is scheduled for October 23-26 at the Grand Hyatt in San Antonio, Texas.
During the Business Expo, bankers and directors will have the opportunity to demo Diligent Boardbooks for desktops, laptops and the iPad and experience the board portal first-hand. As the market-leader, Diligent is at the forefront of the global transition to paperless board environments, with both laptops and iPads rapidly replacing traditional paper binders.
Bank executives involved in the assembly and distribution of boardroom materials will also see how board portals help to streamline the administrative process, resulting in the ability to compile, approve and distribute board materials in a matter of minutes, instead of hours or days.
"Our market-leading Diligent Boardbooks iPad application provides clients with an easy-to-use, yet highly sophisticated and secure application to meet their boardroom needs," said Alex Sodi, president and CEO of Diligent Board Member Services. "We are seeing unparalleled demand for Diligent Boardbooks as banks and their directors continue to embrace the iPad, choosing to replace their traditional, cumbersome paper-bound board materials with the more mobile and secure Boardbooks application."
Diligent recently announced their fifth-consecutive record-breaking quarter with the addition of 170 new clients, including 24 banks. In the third quarter, net annualized licensing fees increased by $US 5 million, an unprecedented 479% increase over the same quarter last year. Diligent now serves 823 public and private companies, with more than 1,250 boards and more than 130 banks using the Boardbooks platform.
About Diligent Board Member Services, Inc (NZX: DIL) www.boardbooks.com
Diligent Board Member Services provides 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.
About the American Bankers Association www.aba.com
Founded in 1875, the America Bankers Association represents banks of all sizes and charters for the nation's $13 trillion banking industry and its 2 million employees.
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