ENDEXX Corporation (Other OTC:EDXC.PK), provider of VisualBoardBooks' ePortalXRM Technology, today announced a marketing partnership with Lipper Inc., the leading fund analysis and research firm. Under the agreement, Lipper will introduce its clients to VisualBoardBooks' XRM Technology Platform. VisualBoardBooks/Lipper Interface technology will provide online board books, such as advisor contract renewal (15(c)) reports, to Lipper's clients.
Lipper, a wholly owned subsidiary of Reuters (NasdaqNM:RTRSY - News), is a leading global provider of mutual fund information and analysis to fund companies, financial intermediaries, and media organizations. Lipper clients manage more than 95% of U.S. fund assets. The Firm, founded in 1973 and headquartered in New York, tracks 125,000 funds worldwide through its offices in major financial capitals in North America, Europe, and Asia.
Michael Atkins, Chief Executive Officer of ENDEXX Corporation, stated, "VisualBoardBooks is a perfect fit for the highly regulated mutual fund industry," and further commented that other third-party providers will follow. "ENDEXX is closely monitoring feedback from our clients, and we have been asked to add auditing firms, outside counsel, advisors and analysis to VisualBoardBooks."
EG Walden, Director at ENDEXX, added, "ENDEXX and Lipper working together provides value added services to Lipper's clients, saving time, money, and creating a more transparent reporting system for the mutual fund industry. ENDEXX is eager to engage mutual fund companies that have anticipated this technology breakthrough."
ENDEXX is currently working with several large mutual fund groups that have requested the new VisualBoardBooks/Lipper15(c) interface technology, and is engaging new fund companies daily.
About ENDEXX
ENDEXX has refocused all of its resources to position VisualBoardBooks' XRM Technology(TM) as the dominant ePortal board book solution and platform for the highly regulated corporate governance industry. ENDEXX will introduce and position its XRM (eXecutive Relationship Management(TM)) Platform to service highly regulated industries, such as mutual funds, banks, energy and utility companies and public companies with multiple subsidiaries.
VisualBoardBooks, Inc. is a division of publicly traded ENDEXX Corporation, a company dedicated to providing online board books for corporate governance to the mutual fund industry.
VisualBoardBooks provides a web-based service that helps corporate boards maintain their books efficiently and cost-effectively. The service is powered by the company's eXecutive Relationship Management(TM) technology (XRM). This new, proprietary XRM-based solution enables executives, directors, counsel and staff the ability to manage board books and critical corporate information online, reducing risk. Features include: archival and real-time books; calendar and scheduling; documents, committees, email and contact lists; telephone and video conferencing; and a unique drag and drop Agenda Designer(TM).
About Lipper
Lipper, a wholly owned subsidiary of Reuters, is a leading global provider of mutual fund information and analysis to fund companies, financial intermediaries, and media organizations. Lipper clients manage more than 95% of U.S. fund assets. The firm, founded in 1973 and headquartered in New York, tracks 125,000 funds worldwide through its offices in major financial capitals in North America, Europe, and Asia. More information is available at: www.lipperweb.com
Contact:
Michael Atkins, CEO
ENDEXX Corporation
(540) 878-2000
Todd Davis, CFO
ENDEXX Corporation
(480) 595-6900
http://www.visualboardbooks.com
Source: ENDEXX Corporation
