Boardroom Software and Blumberg Excelsior Inc. Form Strategic Alliance, Integrate Software Products.Business Editors/High-Tech Writers CARROLLTON, Texas--(BUSINESS WIRE)--April 12, 2004 Boardroom's Equity Manager(TM) software interfaces with Blumberg Excelsior's Corporate Legal Forms Boardroom Software Inc. and Blumberg Excelsior Inc. have formed a strategic alliance that integrates Boardroom Software's Equity Manager(TM) software with Blumberg Excelsior's Legal Forms software, including stock certificates and other forms. Equity Manager is a powerful enterprise tool for mid-sized corporations to manage all aspects of equity including stock authorization and issuances, option and warrants, vesting schedules Vesting Schedule Schedule setting forth when, and to what extent, options become exercisable or restricted stock or stock units are no longer subject to forfeiture (for example, 20% per year over five years). , and convertible debt. With Blumberg, companies will have a simple way to print stock certificates and manage corporate documents, such as articles of incorporation The document that must be filed with an appropriate government agency, commonly the office of the Secretary of State, if the owners of a business want it to be given legal recognition as a corporation. , board minutes, and corporate bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an . "The corporate document management system within Equity Manager is a key value element for our customers," said Kent Mansfield, president and chief executive officer of Boardroom Software. "Having Blumberg Excelsior as a strategic partner and being able to include its products with ours provides a one-of-a-kind corporate document management solution that's not available anywhere else on the market today." Robert Blumberg, president of Blumberg Excelsior, and his executive team have spent the last two months reviewing Equity Manager. "Boardroom Software's Equity Manager is an excellent technology for helping companies manage their equity administration and corporate documents," he said. "Equity Manager works seamlessly with Blumberg's pre-printed custom stock certificates and other corporate records. We also anticipate using Equity Manager software ourselves to handle all of our future equity issuances In financial markets, an Equity Issuance is the sale of new equity or "stocks" by a firm to investors. Equity Issuance can involve a private sale, in which the transaction between investors and the firm takes place directly, or publicly, in which case the firm has to and administration." Boardroom's Equity Manager provides an option for the user to purchase the certificate forms through a link on its Web site and to format and print on Blumberg Excelsior stock certificates directly from the application. Blumberg Excelsior will offer the Equity Manager product on its Web site as well, and both companies are committed to further cooperate by expanding joint product offerings and eventually marketing a variety of corporate documents including Articles of Incorporation, By-Laws, and Board Minutes as part of the Equity Manager Software. Boardroom Software is committed to providing and supporting innovative software products for executive, legal, and financial professionals to better manage and control their organizations' corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and improve management of complicated and time-consuming business processes. Blumberg Excelsior, Inc. is the nation's premier source for law office and corporate legal supplies. Based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Blumberg is the leading provider of corporate legal forms including corporate stock certificate forms. It offers the largest selection of products and services available anywhere, from graphic design and engraved en·grave tr.v. en·graved, en·grav·ing, en·graves 1. To carve, cut, or etch into a material: engraved the champion's name on the trophy. 2. stationery The term for boilerplate in the Eudora mail client, starting with Version 3.0. Stationery files are stored on disk and brought into new messages or added to replies. See boilerplate. , to corporate, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , LP, trademark and UCC An abbreviation for the Uniform Commercial Code. services. Blumberg Excelsior has been committed to serving the legal community for 117 years. Blumberg Excelsior is a family-owned, third-generation business that emphasizes tradition, quality and the latest technology. For more information, contact Roy Miller at (972) 716-4070 x235, or via e-mail at rmiller@transsynergy.com. Web sites: www.boardroomsoftware.com www.blumberg.com |
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