ADP Selects OnlineProxy.com for Investor-Friendly Internet Documents.Business Editors MADISON, N.J.--(BUSINESS WIRE)--Dec. 16, 2002 Leading Shareholder Services Provider Chooses Internet Publishing Technology for Annual Reports and Proxies ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Investor Communications Services, a leading shareholder services provider, has chosen OnlineProxy.com to provide investor-friendly internet documents for ADP clients. OnlineProxy.com will provide internet-ready, HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. versions of printed annual reports, proxies, and other corporate documents to clients of ADP Investor Communications Services, which distributes more than 95% of all beneficial shareholders' proxies and annual reports for more than 14,000 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. public companies. OnlineProxy.com's technology allows corporations to give investors an additional viewing option besides PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. (portable document format (file format) Portable Document Format - (PDF) The native file format for Adobe Systems' Acrobat. PDF is the file format for representing documents in a manner that is independent of the original application software, hardware, and operating system used to create those documents. ) versions of annual reports, proxies, and other corporate documents. Scott Ades, senior vice president of ADP Investor Communications Services, said that OnlineProxy.com's technology was chosen because it "offers an efficient, cost-effective way for corporations to deliver user-friendly, `light-weight' documents on the web. "Unlike a PDF, which you have to click and download, OnlineProxy's technology gives you an HTML document without having to convert any files," Ades explained. "Research shows that only 6% of investors actually use and download PDF documents," noted Rich Andrews, chief technology officer of OnlineProxy.com. "Corporations that publish only PDF versions of their annual reports and proxies on their web sites risk losing 94% of their investor audiences. Our technology provides easily navigated web versions of corporate documents. So investors no longer need to download software or documents in order to read these documents." About ADP, ADP Brokerage Services Group and ADP Investor Communication Services (ADP ICS (1) (Internet Connection Sharing) A Windows feature that enables two or more computers to share one Internet connection. First introduced in Windows 98 Second Edition, sharing is accomplished with network address translation (NAT), which is the common method. ): ADP ICS, part of the Brokerage Services division of Automatic Data Processing Same as data processing. (NYSE NYSE See: New York Stock Exchange : ADP), is the largest processor and provider of investor communication services. ADP ICS serves approximately 14,000 publicly traded companies and 450 mutual funds on behalf of more than 800 brokerage firms and banks. ADP ICS is a full service provider offering financial printing, delivery of investor communications, fulfillment, voting and a variety of solutions for investor relations Investor relations The process by which the corporation communicates with its investors. . As the premier provider of transaction services to the financial industry, ADP has the capacity and technological expertise to assist its clients in differentiating themselves in the marketplace. ADP brings to financial intermediaries advanced, integrated systems for securities processing, desktop productivity and investor communication services, all focused on providing solutions for straight through processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. and World Class Service. With approximately $7 billion in annual revenues and more than 500,000 clients, ADP is one of the largest independent computing services firms in the world. For more information about ADP ICS, please visit our website at www.ics.adp.com. For other ADP services and investor information please visit www.adp.com. About OnlineProxy.com: OnlineProxy.com (www.OnlineProxy.com) provides online publishing of corporate and mutual fund proxies and annual reports and other documents. The company's services allow public corporations to 1) meet regulatory requirements and 2) provide shareholders the ability to navigate anywhere in these documents with just two clicks of the mouse - without downloading files or reader software. OnlineProxy.com has achieved a track record of 100% online, on-time delivery for clients. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion