Issuer Direct Expands Its Edgar Service Bureau With Private Label Agreement
CARY, N.C., Feb. 12, 2008 (GLOBE NEWSWIRE) -- Issuer Direct Corporation (Pink Sheets:ISDR) announced today that it has entered into an agreement to provide financial document conversion services under a private label agreement for one of the industry's largest Stock Transfer Agencies.
"Many issuer focused companies, such as Transfer Agents, want to expand the services they offer to their clients, but in most cases these additional services are outside their core competencies; this is where our Edgar Service Bureau brand works quite well," stated Issuer Direct CEO Brian Balbirnie. Under the Edgar Service Bureau brand, Issuer Direct is leading the way in providing an efficient and cost effective solution. "Private labeling our services affords us the ability to reach a broader market, while maximizing our efficiencies and economies of scale."
"Private label agreements are an important part of our expansion plan, which also includes significant increases to our sales force and numerous acquisition targets," said Jim Learish, President, Issuer Direct.
About Issuer Direct Corporation:
Issuer Direct Corporation operates under several brands in the market, including Elite Financial Press, My EDGAR, Bassett Press, Edgarization, The Edgar Service Bureau, iProxy Direct, Issuer Logistics, Comply, Shareholder Direct, and Audit Ready. As an issuer services focused company, Issuer Direct Corporation helps companies produce and distribute their financial and business communications both online and in print. The Company leverages its securities compliance and regulatory expertise to provide a comprehensive set of services that enhance a client's ability to communicate effectively with its shareholder base while meeting all reporting regulations required.
The Issuer Direct logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4547
CONTACT: Issuer Direct
Jonathan Teague
919-481-4000
IR@issuerdirect.com