Ann: NAME: DIL: Diligent Confirms Change in Company Name and Brand Refresh

• Release Date: 04/06/15 08:30
• Summary: NAME: DIL: Diligent Confirms Change in Company Name and Brand Refresh
• Price Sensitive: No
• Download Document  5.02KB

					DIL
04/06/2015 08:30
NAME
NOT PRICE SENSITIVE
REL: 0830 HRS Diligent Corporation (NS)

NAME: DIL: Diligent Confirms Change in Company Name and Brand Refresh

June 4, 2015

Diligent Announces Brand Refresh and Simplification of Company Name

Diligent Corporation (NZX: DIL) (www.diligent.com) today announced its
corporate name change to Diligent Corporation and the launch of its refreshed
global brand.

Brian Stafford, President and Chief Executive Officer of Diligent, said, "We
are excited to refresh our brand to bring it more in line with a company of
Diligent's global scale and momentum. The brand celebrates what Diligent
stands for - highly secure, intuitive products used by boards and leadership
teams - and the best customer service in the SaaS industry."

He added, "With nearly US$90 million in annual revenue and healthy EBITDA
margins, Diligent is one of the most successful companies in the SaaS
industry. Yet beyond our clients and our prospects in the corporate
governance community, very few people know of us. The refreshed Diligent
brand will give us the opportunity to re-introduce ourselves to the market as
an industry leader and a profitable global company of increasing scale."

As of today, the company name Diligent Board Member Services, Inc. will be
retired and the new era of Diligent will begin. It is an exciting time for
the company. Alongside the change in company name, a fresh new version of the
Diligent brand will be launched. It's a brand that embraces the trust and
familiarity of our existing 3,100+ unbelievably loyal clients, and one that
will unify the company's global presence to continue to win customers and
support expansion into new regions, new industries and new products.

In addition to the changes we have made to the core Diligent brand, we have
created a brand architecture for naming future Diligent products. Our secure
board solution, Diligent Boardbooks, will now simply be Diligent Boards, a
name signaling our category leadership and providing universal relevance to
our international client base. This provides further clarity to the Diligent
brand while maintaining the integrity of the product and service that our
team of almost 300 employees works so hard to deliver to the 96,000+ global
users of Diligent Boards.

Diligent confirms that the name change from Diligent Board Member Services to
Diligent Corporation is effective today, June 4, 2015 NZ (June 3, 2015 US).
Diligent will continue to trade on the New Zealand Stock Exchange under the
ticker symbol DIL.

Investor inquiries:
Sonya Fynmore
Ph: + 64 4 894 6912
[email protected]

Media inquiries:
Geoff Senescall
Ph: + 64 21 481 234

About Diligent

Diligent is the leading provider of secure corporate governance and
collaboration solutions for boards and senior executives. Over 3,100 clients
in more than 50 countries rely on Diligent to provide secure, intuitive
access to their most time-sensitive and confidential information, ultimately
helping them make better decisions. The Diligent Boards solution (formerly
Diligent Boardbooks) speeds and simplifies how board materials are produced,
delivered and collaborated on using iPad, Windows and web tools, removing the
security concerns of doing this by courier, email and file sharing. Diligent
is a publicly listed company with nearly US$90 million in annual revenue
(NZX: DIL). Visit www.diligent.com to learn more.

Safe Harbor Statement

Statements made in this press release that state Diligent's or management's
intentions, beliefs, expectations, or predictions for the future are
forward-looking statements within the meaning of The Private Securities
Litigation Reform Act of 1995, including without limitation Diligent's
revenue outlook for the second quarter and full year 2015. Readers are
cautioned that these statements are only predictions and may differ
materially from actual future events or results. All forward
looking-statements are only as of the date of this press release and Diligent
undertakes no obligation to update or revise them. Such forward-looking
statements are subject to a number of risks, assumptions and uncertainties
that could cause Diligent's actual results to differ materially from those
projected in such forward-looking statements. For example, if we do not
successfully develop or introduce new product offerings, or enhancements to
our existing Diligent Boards (formerly Diligent Boardbooks) offerings, or
keep pace with technological changes that impact the use of our product
offerings, we may lose existing customers or fail to attract new customers
and our financial performance and revenue growth may suffer. Factors which
could cause our actual results to differ materially from those projected in
forward-looking statements include, without limitation, economic,
competitive, regulatory and technological factors affecting Diligent's
operations, markets, products, services and other factors set forth in
Diligent's Risk Factors filed as Part II, Item 1A to its Quarterly Report on
Form 10-Q filed with the SEC on May 11, 2015.
End CA:00265186 For:DIL    Type:NAME       Time:2015-06-04 08:30:15