LONDON — (Marketwire) — 10/03/11 — Diligent Board Member Services (NZX: DIL) () — the world-s leading provider of board portal software — announced today that 15% of the FTSE 100 has adopted ® with its over the past nine months.
Since the first Apple tablet was launched in 2010, has seen a growing number of major UK corporations replacing their old-fashioned, cumbersome board papers in favor of more mobile tablet computers. Current tablet users of include FTSE 100 companies such as Lonmin, the world-s third largest primary platinum producer.
Lonmin-s London-based Company Secretary Rob Bellhouse said the transition to Boardbooks is already paying dividends for directors. “I saw as a necessity, given our internationally-diverse board,” said Bellhouse. “Our first board meeting was extremely smooth and the Chairman even made a point of thanking us for switching to Diligent and the iPad app. The universal sentiment around the Lonmin board table is -this is the future, and it-s great.-“
“We see the rapid adoption of app due to its strong security and intuitive interface,” said Simon Small, managing director licensing, Europe. “We have also seen strong adoption of Boardbooks for the iPad from non FTSE companies as well.”
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.”
(NZSE: DIL)
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.
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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Contact:
Simon Small
Managing Director Licensing, Europe
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Phone: +44-800-234-6580 Ext: 410
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