Computershare Launches ProxyAccess Solution
June 26 2007 - 10:30AM
PR Newswire (US)
Clients Get Jump Start on the Benefits of the Notice and Access
Model NEW YORK, June 26 /PRNewswire/ -- Computershare Limited
(ASX:CPU), a leading financial services provider for the global
securities industry, today announced the launch of their
ProxyAccess services, which enables clients to meet all the
requirements of the SEC's Internet Availiabity of Proxy Materials
rule -- also referred to as notice and access. With this integrated
solution, Computershare is leading the way in offering
comprehensive services specifically for the notice and access
model. This includes electronic document design, public Web site
hosting, specialized mailings announcing Web access of proxy
materials, warehousing and fulfillment services for shareholders
who prefer paper delivery, and managing shareholder delivery
preferences to facilitate and tailor future communications. At its
open meeting on June 20, the SEC adopted amendments to its proxy
rules that make it mandatory to offer Internet delivery of proxy
materials to shareholders for large accelerated filers (other than
investment companies), commencing on or after January 1, 2008.
"Even before it is mandatory, companies can use the model to gain
an edge by reducing their print and mailing costs, enriching the
shareholder experience and diminishing the impact of paper
production on the environment, which can enhance their corporate
social responsibility profile," said Paul Conn, president, global
capital markets, Computershare. "We can manage the entire process
so issuers can be assured that they meet compliance standards and
shareholder expectations." One of the companies participating in
Computershare's ProxyAccess solution is UQM Technologies, Inc.
(AMEX:UQM) -- a Colorado-based developer and manufacturer of
energy-efficient and power-dense electric propulsion systems for
electric, hybrid electric, plug-in hybrid and fuel cell electric
vehicles. "As a company focused on efficiency and applying advanced
technology to existing applications, it makes perfect sense for UQM
to be an early adopter of this more efficient and modern
shareholder communications approach," said Donald A. French, UQM's
Treasurer and Chief Financial Officer. "We are excited about using
ProxyAccess for our upcoming annual meeting in August." ProxyAccess
solutions can include a mixture of traditional print materials with
electronic access, materials graphically designed to be shareholder
friendly, and integration with an online voting site to capture
more votes in a shorter amount of time. Computershare can tailor
services to all companies, no matter what their size or the make-up
of their shareholder base. Because Computershare includes Georgeson
Inc., a leading proxy solicitation firm, ProxyAccess can include
layered/targeted follow-up mailings to help companies achieve
crucial vote threshold. This could be an issue given regulatory
moves to reduce the reliance on broker votes in certain
circumstances. The ProxyAccess solution is integrated with the
systems and knowledge of many innovative services Computershare has
pioneered to help companies improve the shareholder experience,
reduce costs and protect the environment. To learn more about
Computershare's ProxyAccess Services, call 1 888 404 6333 or go to:
[http://www-us.computershare.com/content/download.asp?docId=%7B529B9DA3-9385-
4FA6-A74E-5DA19DB94A79%7d&cc=US&lang=en&bhjs=1&fla=1&theme=cpu]
About Computershare Computershare (ASX:CPU) is a global leader in
transfer agency, employee equity plans, proxy solicitation and
other specialized financial and communication services. Many of the
world's largest companies employ our innovative solutions to
maximize the value of their relationships with investors,
employees, customers and members. Computershare has approximately
10,000 employees across the world and serves 14,000 corporations
and 100 million shareholders and employee accounts in 17 countries
across five continents. For more information about Computershare,
visit http://www.computershare.com/. About Georgeson Georgeson Inc.
is the world's leading provider of strategic proxy and corporate
governance consulting services to corporations and shareholder
groups working to influence corporate strategy. Since 1935,
Georgeson has specialized in complex solicitations such as hostile
and friendly acquisitions, proxy contests and takeover defenses.
Georgeson leads more M&A transactions globally than any other
firms combined. Georgeson also provides issuers with expertise in
corporate events solutions such as post-merger unexchanged holder
programs and information agent services. Georgeson is a
Computershare company. For more information, visit
http://www.georgeson.com/. Media Contacts Juli Bark EVP, Marketing
North America Tel: 1 312 588 4249 Jeff Stein Media Relations,
Marketing North America Tel: 1 212 805 7271 DATASOURCE:
Computershare Limited CONTACT: Juli Bark, EVP, Marketing North
America, +1-312-588-4249, , or Jeff Stein, Media Relations,
Marketing North America, +1-212-805-7271, Web site:
http://www.computershare.com/ http://www.georgeson.com/
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