Issuer Direct Launches Industry's First Summary Prospectus QuickView Platform for Mutual Funds and Fund Administrators

CARY, N.C., Jan. 12, 2010 (GLOBE NEWSWIRE) -- Issuer Direct Corporation (OTCBB:ISDR), a market innovator of regulatory solutions to compliance professionals, today announced the release of iFund Direct, a Mutual Fund prospectus builder and print-on-demand fulfillment solution.

Issuer Direct's industry leading portal technology, previously only available to issuers and compliance professionals, is now available to Mutual Funds and Fund Administrators under the iFund Direct brand. Typically Mutual Funds have been burdened with taking on many of the tasks that regulatory laws inherently require of them, such as internet availability, Print-on-Demand and costly Fulfillment -- all while trying to stay compliant and meet shareholder demands.

iFund Direct's key features afford all Mutual Funds/Fund Administrators the following: 


 -- Comprehensive summary prospectus solution
 -- QuickView proprietary 2 click technology -- our unique two click
    SEC rule viewer that gives shareholders the ability to point,
    click and view prospectuses and annual reports in seconds.
 -- Timely fulfillment within seconds via email or postal mail in
    2-3 days.
 -- Print-on-Demand, full service digital and press operations,
    servicing virtually all booklet and summary requests as needed.
 -- Custom branded portal, each Fund will have a custom iFund portal
    and unique QuickView links as well as a Fund search database for
    shareholders to search and compare Funds.
 -- Online Setup and real time management is available via a secure
    login interface to change, update and modify Mutual Fund
    information, materials and delivery options.
 -- Administrator control panel, to query, generate or search
    shareholders that have requested, registered or downloaded
    materials.
 -- A web driven request portal for shareholders to obtain materials
    with the click of a mouse in three different ways -- online, email
    and our Print-on-Demand fulfillment facility.

Our portal delivery system enables Mutual Funds to move regulatory filings into real-time production and internet availability via an intuitive secure web interface. Mutual Fund managers can upload, configure and distribute annual reports, semi-annual reports, prospectuses, and additional information to constituents in seconds. Additionally, Mutual Funds will have the option to add e-Notify services to broadcast updates, regulatory filing alerts and e-consent notices.

iFund Direct is part of the Issuer Direct family, where our commitment to delivering best of breed technologies that drive compliance and regulatory efficiencies, is our vision.

More about the final prospectus rule:

On January 26, 2009 the Securities and Exchange Commission passed its final rule that would require open-end Mutual Funds to summarize their prospectuses in a standardized format (plain English). This standard format is called the 'Summary Prospectus' that will replace the current risk return summaries. This Summary can be distributed in combination with the statutory prospectus and needs to be made available via the internet and in paper. You can read more Final Summary Prospectus Rule.

About Issuer Direct Corporation:

Issuer Direct Corporation ("IDC") is a market leader and innovator of unified regulatory solutions for compliance professionals. As a regulatory compliance focused company, Issuer Direct alleviates the complexity of maintaining compliance through integrated products and services that help companies produce and distribute their financial and business communications both online and in print.

The Issuer Direct logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4547

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. We disclaim any intention to, and undertake no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact our forward-looking statements, please see the Company's Annual Report on Form 10-K for the year ended December 31, 2008, including but not limited to the discussion under "Risk Factors" therein, filed with the SEC, which you may view at www.sec.gov. 

CONTACT:  Issuer Direct
          919-481-4000