Company Overview

About Broadridge

Broadridge Financial Solutions, Inc. has been a leading outsourcing provider to the financial services industry for over twenty-five years. Broadridge has recently acquired NewRiver, Inc., a leader in electronic investor disclosure solutions. Founded in 1995, NewRiver pioneered the first electronic prospectus and has been an important supplier to Broadridge for nearly 10 years.

The Power of One: Six Key Differentiators We Offer Clients Today

Broadridge offers a full-spectrum of "best-in-class" services for every phase of the investor communications lifecycle. Our acquisition of NewRiver strengthens our services and provides these key differentiators:

1. An Enterprise Data Management Solution that maximizes savings, service and control. Our unique data processing technology integrates client business rules, investor preferences, and delivery history with access to the industry's only full coverage electronic and physical warehouse of compliance documents. We are able to offer our clients total control in document delivery with an end-to-end, lowest cost/best-in-class fulfillment solution using summary prospectus, shareholder mail, portfolio-specific printing and e-delivery. No other competitor can match our scale, service and cost efficiency.

2. We invented Portfolio-Specific Printing (PSP), and remain the industry leader. Since 2001, when we first pioneered this technology, we've been helping clients to produce cost-efficient portfolio-specific prospectuses and shareholder reports tailored to individual holdings. We marry individual account holdings with the most recently filed disclosure documents to help clients achieve significant savings compared against the traditional "Big Book" while optimizing compliance and ensuring information is 100% relevant to investors. Our ability to integrate both portfolio-specific printing and the summary prospectus into your workflow can save you up to 67% per book.

3. Automated, patented technology sources documents daily and directly from EDGAR. Broadridge's patented technology enables us to source prospectuses and other compliance documents from EDGAR daily, applying a rigorous quality assurance process including both manual and automated checkpoints. We can also host fund company documents through our virtual document warehouse, or a hybrid combination encompassing EDGAR-sourcing and fund proprietary documents. Our unique technology replaces a time-sensitive and error prone process with an automated, dependable approach that provides you with the most up-to-date prospectuses (and other compliance documents) available to meet your compliance investor disclosure needs.

4. Our industry standard solution for regulated mailings delivers the lowest total distribution cost. Broadridge has developed the industry-leading utility for regulated mailings called Shareholder Mail. This service can provide dramatic savings on shareholder report obligations through the industry's lowest-cost delivery model. Our automated billing/collection capability simplifies the process of recouping any costs to which you are entitled based on your negotiated participation agreements.

5. We are a leader in e-delivery and have a proven track record for driving consent. In fiscal year 2010, nearly 25% of all first-dollar prospectuses we delivered were done electronically – about 15 million in total. Our e-delivery infrastructure delivered over 168 million regulatory e-mail notifications, leveraging the same processes and technology to deliver shareholder reports. Across all clients and delivery types, Broadridge has directly and indirectly collected almost 30 million e-consents. Our Investor Mailbox, representing 10% of all domestic brokerage accounts, increases client e-consent rates by 179% on average within the first 12 months when combined with an awareness campaign.

6. Variable Products Express helps you maximize summary prospectus savings for your annuity business. Broadridge helped many mutual fund complexes fulfill their web hosting requirements for the summary prospectus. We have applied the same process and technology to allow insurance carriers to display the contract prospectus with links to all appropriate sub-fund summary or statutory prospectuses and the related shareholder reports, SAI's and any supplements. This helps you accomplish three key goals:

• Eliminate the need to source documents internally or to collect outside fund company documents to host on your website;
• Improve compliance because you will always have the latest regulatory document integrated and posted on your website (no need to worry that you missed a document or someone failed to send you a supplement); and
• Enhance the customer experience because all email fulfillment can direct your clients back to your central website, providing easy access to the latest summary prospectus and "one-click-links" to all related disclosure documents.

To find out about the NewRiver acquisition, read the press release.

To find out more about Broadridge, visit or our corporate website.