Shareholders Can Now Vote on Smartphones and other Mobile Devices
LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--
Proxy voting moves to the next generation of advanced technology with
today’s announcement by Broadridge Financial Solutions, Inc. (NYSE: BR)
that its ProxyVote®.com platform will be available on mobile
data devices such as smartphones and tablets in early 2011.
The announcement and demonstration was made at Broadridge’s annual
Investor Communications Conference, held today in New York City, which
attracts hundreds of top executives from the nation’s leading financial
services firms, institutional investors and corporate issuers.
“Mobile ProxyVote is yet another of the technological innovations
Broadridge has pioneered to improve and encourage more shareholder
voting and enhanced shareholder communications,”saidJoseph
Vicari, Vice President, Business Strategy and Development, Broadridge,
in making the announcement. “The sophisticated graphical user
interface is customized to be used with an array of mobile devices –
including the market leading iPhone®, iPad®,
BlackBerry® smartphones, and Android™ phones – and will
seamlessly integrate with Broadridge’s ProxyVote.com platform,” he
stated.
Twenty million proxy votes were recorded through ProxyVote.com for the
12 months ending June 2010. ProxyVote offers street name and registered
shareowners, as well as 401(k), ESOP and ESPP participants, the
convenience of voting their shares on the Internet, and now with the
introduction of Mobile ProxyVote, through compatible mobile devices.
Until now, shareowners who had registered for electronic delivery of
proxy materials and were notified via e-mail, would only be able to cast
electronic votes via their personal computers. According to Broadridge,
e-mail delivery of proxy materials is growing exponentially; nearly
tripling from the annualized period ending June 30, 2006 of 27 million
deliveries to almost 78 million deliveries for the annualized period
ending June 30, 2010.
“Shareholder preference is shifting towards using technology to improve
both their access to information and their ability to act upon it,”
explained Mr. Robert Schifellite, President, Investor Communication
Solutions, Broadridge.“As the market leader in delivering
innovation to the proxy system and investor communications, this
introduction signals a significant shift forward for shareholders and
will increase participation, especially among individual investors,” he
added.
About Broadridge
Broadridge is a technology services company focused on global capital
markets. Broadridge is the market leader enabling secure and accurate
processing of information for communications and securities transactions
among issuers, investors and financial intermediaries. Broadridge builds
the infrastructure that underpins proxy services for over 90% of public
companies and mutual funds in North America; processes more than $3
trillion in fixed income and equity trades per day; and saves companies
billions annually through its technology solutions. For more information
about Broadridge, please visit www.broadridge.com.
iPad and iPhone are registered trademarks of Apple Inc., BlackBerry is a
registered trademark of Research in Motion Limited, and Android is a
trademark of Google, Inc.
Source: Broadridge Financial Solutions, Inc.