Ann: DIRECTOR: DIL: Mark Weldon Joins DIL Board

• Release Date: 14/05/12 11:00
• Summary: DIRECTOR: DIL: Mark Weldon Joins DIL Board
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DIL
14/05/2012 09:00
DIRECTOR

REL: 0900 HRS Diligent Board Member Services INC (NS)

DIRECTOR: DIL: Mark Weldon Joins DIL Board

The Board of Directors of Diligent Board Member Services, Inc. ("DIL") has
elected Mark Weldon, former CEO of the NZX, as a member of DIL's Board.  Mark
Weldon graduated from Auckland University with a Masters degree in Economics
(First Class Honours), a Bachelor of Commerce and a Bachelor of Arts.  Mark
then studied at Columbia University School of Law, graduating in 1997 with a
law degree and a diploma in International Law. Mark joined Skadden, Arps,
Slade, Meagher & Flom as an attorney and then moved on to McKinsey & Company
as a Senior Engagement Manager, before serving as CEO of the NZX from 2002 to
2012.

David Liptak, DIL's Chairman, said,

"We are obviously very pleased that Mark Weldon has accepted our invitation
to become a member of the Diligent Board of Directors. As CEO of the New
Zealand Stock Exchange for more than ten years, Mark Weldon transformed a
mutual exchange into a successful publicly listed data, technology, share
markets and commodities business with strong financial metrics and a host of
potential growth prospects for the future.  Under Mark's stewardship at the
NZX, the value of the company grew more than eighteen fold, so he is an
experienced hand at successfully managing high growth businesses.  He brings
with him a wealth of unique and in depth skills encompassing strategy
development, corporate finance, governance, entrepreneurial and operational
matters in both the domestic and international arenas that will be extremely
useful to our company as we continue to grow and expand our business.  We
think he is a terrific addition to the company and look forward to his advice
and counsel in the Board room."

Alex Sodi, DIL's CEO, commented that,

"Given Mark Weldon's successful experience as a CEO, I know he will be an
excellent resource for me in the management of the company in addition to his
performance as a Board member."

Mark Weldon, commented that,

"Diligent is the world's leading provider of highly secure, intuitive,
electronic board portals and it is rapidly growing an extensive client base
around the world. Its business is truly global in scope and this makes it an
exciting company to be involved with. I am pleased to be given the
opportunity to work with the Diligent team, and make a contribution to its
future success."

About Diligent Board Member Services, Inc (NZX:DIL) www.boardbooks.com
Diligent Board Member Services, the world's leading board portal provider,
currently serves over 1,200 boards and 21,000 individual directors,
executives and administrators worldwide on the Diligent Boardbooks platform.
Boardbooks is an easy-to-use system which allows directors, executive and
administrators to securely create, distribute, view and archive their board
and committee materials within a Software-as-a-Service (SaaS) model.
"Diligent Boardbooks" is a registered trademark of Diligent Board Member
Services.

For further information, images and interviews please contact:
New Zealand Media Inquiries:
Contact: Geoff Senescall
Senescall Akers
Email: Geoff Senescall
Phone: +64-9-309-5659
Mobile: +64-21-48-1234
End CA:00222817 For:DIL    Type:DIRECTOR   Time:2012-05-14 09:00:11