ADP Selects OnlineProxy.com for Investor-Friendly Internet Documents
Leading Shareholder Services Provider
Chooses Internet Publishing Technology for Annual Reports and Proxies
Madison, N.J. (PRWEB) December 18, 2002 -- ADP Investor Communications Services, a leading shareholder services provider, has chosen OnlineProxy.com to provide investor-friendly internet documents for ADP clients.
OnlineProxy.com will provide internet-ready, HTML versions of printed annual reports, proxies, and other corporate documents to clients of ADP Investor Communications Services, which distributes more than 95% of all beneficial shareholdersf proxies and annual reports for more than 14,000 North American public companies.
OnlineProxy.comfs technology allows corporations to give investors an additional viewing option besides PDF (portable document format) versions of annual reports, proxies, and other corporate documents.
Scott Ades, senior vice president of ADP Investor Communications Services, said that OnlineProxy.comfs technology was chosen because it goffers an efficient, cost-effective way for corporations to deliver user-friendly, elight-weightf documents on the web.
gUnlike a PDF, which you have to click and download, OnlineProxyfs technology gives you an HTML document without having to convert any files,h Ades explained.
gResearch shows that only 6% of investors actually use and download PDF documents,h noted Rich Andrews, chief technology officer of OnlineProxy.com. gCorporations that publish only PDF versions of their annual reports and proxies on their web sites risk losing 94% of their investor audiences. Our technology provides easily navigated web versions of corporate documents. So investors no longer need to download software or documents in order to read these documents.h
-- more --
ADP Selects OnlineProxy.com for Investor-Friendly Internet Documents -- Page 2
About ADP, ADP Brokerage Services Group and ADP Investor Communication Services (ADP ICS): ADP ICS, part of the Brokerage Services division of Automatic Data Processing (NYSE: ADP), is the largest processor and provider of investor communication services. ADP ICS serves approximately 14,000 publicly traded companies and 450 mutual funds on behalf of more than 800 brokerage firms and banks. ADP ICS is a full service provider offering financial printing, delivery of investor communications, fulfillment, voting and a variety of solutions for investor relations.
As the premier provider of transaction services to the financial industry, ADP has the capacity and technological expertise to assist its clients in differentiating themselves in the marketplace. ADP brings to financial intermediaries advanced, integrated systems for securities processing, desktop productivity and investor communication services, all focused on providing solutions for straight through processing and World Class Service.
With approximately $7 billion in annual revenues and more than 500,000 clients, ADP is one of the largest independent computing services firms in the world. For more information about ADP ICS, please visit our website at www.ics.adp.com. For other ADP services and investor information please visit www.adp.com.
About OnlineProxy.com: OnlineProxy.com (www.OnlineProxy.com) provides online publishing of corporate and mutual fund proxies and annual reports and other documents. The companyfs services allow public corporations to 1) meet regulatory requirements and 2) provide shareholders the ability to navigate anywhere in these documents with just two clicks of the mouse „Ÿ without downloading files or reader software. OnlineProxy.com has achieved a track record of 100% online, on-time delivery for clients.
Contacts:
Rich Andrews, Chief Technology Officer, OnlineProxy.com
(973) 236-1576, Rich@OnlineProxy.com
Charles Wasilewski, Media Relations, OnlineProxy.com
(908) 221-9256, Charles@OnlineProxy.com
Lisa A. Hendrikson-Loesch, ADP Graphic Communications
(631) 254-7399, lisa_loesch@adp.com
Industry keywords: GOVERNMENT; High Tech: COMPUTERS/ELECTRONICS, E-COMMERCE, INTERNET, SOFTWARE; LEGAL/LAW; PUBLISHING
# # #
|
