Ann: GENERAL: DIL: Diligent Ranked Number 121 Fas

• Release Date: 16/11/12 17:41
• Summary: GENERAL: DIL: Diligent Ranked Number 121 Fastest-Growing Company
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DIL
16/11/2012 15:41
GENERAL

REL: 1541 HRS Diligent Board Member Services INC (NS)

GENERAL: DIL: Diligent Ranked Number 121 Fastest-Growing Company

Diligent Board Member Services Ranked Number 121 Fastest-Growing Company
North America on Deloitte's 2012 Technology Fast 500TM

Rapid iPad Adoption by Boards, Easy-to-Use, Secure Interface and Continued
Focus on Customer Service Excellence Helps Company Achieve Revenue Growth of
941 Percent from 2007 to 2011

16 November 2012 - Diligent Board Member Services (NZX:DIL), provider of
Diligent Boardbooks - the world's most widely used secure board portal -
announced that it ranks 121 on Deloitte's 2012 Technology Fast 500 list, a
ranking of the 500 fastest growing technology, media, telecommunications,
life sciences and clean technology companies in North America. Diligent grew
941 percent from 2007 to 2011. In 2011 alone, the company's revenue increased
116 percent.

Alex Sodi, President and CEO of Diligent Board Member Services, attributes
this accomplishment to Diligent's unwavering commitment to excellence in
client service and support, and the rapid adoption of the easy-to-use yet
highly secure Diligent Boardbooks iPad app launched in 2010. The Diligent
Boardbooks iPad app provides board members with access to all board-related
materials with the convenience of interactive features and advanced content
management found in a digital solution.

"We are thrilled to be included once again on Deloitte's Technology Fast 500
list, the pre-eminent technology awards program in North America," said Sodi.
"As innovators of technology to transform the way boards produce, consume and
interact on their most important information, we are proud to provide the
world's most widely used secure board portal, serving more boards and users
than anyone else in the category. We continue to see exceptionally strong
demand for our iPad app, and expect the use of board portals to continue to
rise into 2013 and beyond."

"We are proud to honor the 2012 Technology Fast 500 companies, and commend
them for their outstanding growth," said Eric Openshaw, vice chairman,
Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader.
"These ground-breaking companies have outpaced their competition and are
reinventing the way we do business today."

"The companies on the Fast 500 list are among those that have demonstrated
remarkable innovation, creativity and business savvy," said Bill Ribaudo
partner, Deloitte & Touche LLP and national TMT leader for audit and
enterprise risk services (AERS). "As a result, these companies have continued
to successfully forge ahead in a challenging economic environment. We applaud
the leadership and employees of Diligent for this impressive accomplishment."

Diligent previously ranked 156 as a Technology Fast 500 award winner for
2011.

About Deloitte's 2012 Technology Fast 500

Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking
of the fastest growing technology, media, telecommunications, life sciences
and clean technology companies - both public and private - in North America.
Technology Fast 500 award winners are selected based on percentage fiscal
year revenue growth from 2007 to 2011.

In order to be eligible for Technology Fast 500 recognition, companies must
own proprietary intellectual property or technology that is sold to customers
in products that contribute to a majority of the company's operating
revenues. Companies must have base-year operating revenues of at least
$50,000 USD or CD, and current-year operating revenues of at least $5 million
USD or CD. Additionally, companies must be in business for a minimum of five
years, and be headquartered within North America.

About Diligent Board Member Services, Inc.

Over 2,300 boards and 46,000 individual directors, executives and board teams
worldwide rely on Diligent Board Member Services, Inc. to speed and simplify
how board materials are produced, delivered and reviewed. Providing the
world's most widely used secure board portal, Diligent has pioneered ease of
use, stringent security, and superior training and support since 2001. We
serve 242 of the US Fortune 1000, 117 of the TSX, 33 of the FTSE 100 and a
variety of private firms, not-for-profits and government agencies globally.
Diligent is a public company with cumulative sales of $US 45.9 million. Our
ranking in the 2012 Deloitte Technology Fast 500 places us among the fastest
growing technology companies in America. Offices are located in New York
(corporate headquarters), Montreal, London, Sydney, Melbourne, Christchurch,
Singapore and Hong Kong.

Diligent Boardbooks is a registered trademark of Diligent Board Member
Services, Inc. with all rights reserved. 2012 Diligent Board Member Services,
Inc.

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.

Contacts:

New Zealand Media Inquiries -
Geoff Senescall
Senescall Akers
Email: [email protected]
Phone: +64-9-309-5659
Mobile: +64-21-48-1234

Global Media Inquiries -
Susanna Parry-Hoey
Senior Vice President & Chief Marketing Officer
Diligent Board Member Services Inc.
Email: [email protected]
Phone: +1-973-939-9424
End CA:00229860 For:DIL    Type:GENERAL    Time:2012-11-16 15:41:39