DIL diligent corporation (ns)

Ann: GENERAL: DIL: Diligent reaches 100,000 users

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    					DIL
    29/07/2015 09:06
    GENERAL
    PRICE SENSITIVE
    REL: 0906 HRS Diligent Corporation (NS)
    
    GENERAL: DIL: Diligent reaches 100,000 users
    
    Diligent Achieves Global Growth Milestones, Surpassing 100,000 Users as
    Boards and Senior Leadership Embrace SaaS
    
    Users From 62 Countries Across Seven Continents and More Than 35 Percent of
    the Fortune 1000 Leverage Diligent Boards
    
    New Zealand - July 29, 2015 - Diligent Corporation (NZX: DIL) announced its
    continued growth, surpassing 100,000 users of its Diligent BoardsTM solution.
    The Software-as-a-Service (SaaS) based platform transforms how companies
    manage the secure electronic production, distribution and collaboration of
    confidential information to their boards, committees and leadership teams.
    
    Diligent is now more than double the size of its nearest competitor in terms
    of clients and is a truly global provider. It has clients in over 60
    countries and users on all seven continents   ?   even Antarctica.
    Additionally, more than 35 percent of the Fortune 1000 uses Diligent Boards.
    The solution remains the most widely used of its kind and Diligent has a 99
    percent* client retention rate, one of the best in the SaaS industry.
    Diligent Boards drastically simplifies collaborative business and governance
    as a strategic enabler for securely receiving and reviewing board materials
    through any device.
    
    "Collaborating across a board can be difficult in most organizations, but it
    is even more of a challenge when you need to work in remote locations such as
    Antarctica," said Peter Smith, General Manager, Corporate Services and
    Strategy of Antarctica New Zealand, a government entity responsible for
    developing, managing and executing activities in Antarctica and the Southern
    Ocean. "Diligent Boards is an easy-to-use and secure tool that keeps our
    board aligned and enables us to collaborate and make key decisions to help
    support our organization's activities in respect to Antarctica."
    
    Last month, Diligent received a Gold Stevie(R) Award in the "Customer Service
    Team of the Year" category and a Silver Stevie(R) Award in the "Customer
    Service Department of the Year" category, recognizing the company's continued
    dedication to providing its more than 100,000 users with exemplary service
    ?   regardless of their locations.
    
    "The momentum we're experiencing is extremely vital as it illustrates a shift
    in senior leadership's understanding and value of SaaS services. Companies
    around the globe are increasingly trusting their most important and sensitive
    materials to Diligent," said Brian Stafford, President and Chief Executive
    Officer of Diligent Corporation. "The lack of visibility around SaaS adoption
    in broader enterprise and executive settings is at a turning point. Some
    board members may not even know that Diligent Boards is a SaaS tool as its
    secure and intuitive design, empowers effective information flow around the
    most business critical decisions using the cloud."
    
    To learn more about the Diligent Boards solution, please visit,
    www.diligent.com.
    
    *Based on number of clients and excluding client reductions due to
    dissolution of a board (e.g., M&A or bankruptcy)
    
    About Diligent Corporation (NZX: DIL)
    Diligent is the leading provider of secure corporate governance and
    collaboration solutions for boards and senior executives. Over 3,100 clients
    in more than 60 countries and on all seven continents 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 (formerly Diligent Boardbooks) solution speeds and simplifies
    how board materials are produced, delivered and collaborated on via any
    device, removing the security concerns of doing this by courier, email and
    file sharing. Diligent is a publicly listed company (NZX: DIL) with nearly
    US$90 million in annual recurring revenue, based on previously reported
    revenue retention rates. Visit www.diligent.com to learn more.
    
    Contact:
    Taylor Lavalli
    RF|Binder Partners
    [email protected]
    212 994-7678
    
    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. 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:00267562 For:DIL    Type:GENERAL    Time:2015-07-29 09:06:09
    				
 
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