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Mon, December 14, 2009

Corporations Under the State of Delaware Jurisdiction Will Have an Easier Way to File This March 1st


Published on 2009-12-14 07:17:44 - Market Wire
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TORONTO, ONTARIO--(Marketwire - Dec. 14, 2009) - Corporate Secretaries with Corporations in the State of Delaware will have a much easier time on March 1, 2010, when they have to comply with state mandated electronic regulatory filings thanks to a free electronic filing report service that has just been launched by Computershare Governance Services (CGS).

Recognizing the increased regulatory pressure on corporations to accurately capture and report entity data, CGS has built an electronic filing tool to automate the process of filing Annual Reports to the Secretary of State of Delaware. The CGS GEMS Delaware Filing Tool will extend significant time and cost efficiencies to Corporate Secretaries who use CGS' Global Entity Management Systems (GEMS) software solutions.

Andrew Moore, Head of CGS in North America, commented, " Filing directly to the state can take significant effort, time and cost to complete - the forms are extensive and require significant amounts of data and 3rd party filers can be cost prohibitive. Many companies have dozens, if not hundreds, of Delaware filings on an annual basis that can now be completed via the CGS GEMS Delaware filing tool."

The tool also creates a comprehensive audit log of the transaction so companies can easily refer back to completed filings and track their status via the audit log. LLCs may also take advantage of this convenient service when their filings are due June 1, 2010.

The service is available at no additional cost to Corporations and LLCs that use CGS GEMS solution.

About Computershare Governance Services

Computershare Governance Services is the world's leading supplier of entity management and subsidiary governance solutions. Today over 250,000 legal entities are administered, governed and kept compliant using our software.

We have over 500 clients around the world using our solutions and they are supported by our North American facilities in Toronto, Houston, New York and Shelton, Connecticut, our Asia Pac facilities in Melbourne and Sydney, and our European facilities in Munich, London and the headquarters in Monaghan, Ireland.

For more information, please visit [ www.cgs.computershare.com ][ . ]

About Computershare Limited (CPU)

Computershare (ASX:CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialize in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.

Founded in 1978, Computershare is renowned for its expertise in data management, high volume transaction processing, payments and stakeholder engagement. Many of the world's leading organizations use these core competencies to help maximize the value of relationships with their investors, employees, creditors, members and customers. Computershare is represented in all major financial markets and has over 10,000 employees worldwide.

For more information, visit [ www.computershare.com ][ . ]