Merrill Corporation Announces New Version of Its Online Due Diligence Technology
Thursday, December 09, 2004
NEW YORK, Dec. 8 -- Merrill Corporation, a leading global provider of diversified communications and document services, today announced the release of DataSite VDR, a new version of its virtual deal room product for online due diligence. DataSite VDR introduces the industry's only file folder-based graphical user interface (GUI), with easier to use, client-driven site management capabilities (among other enhancements), to optimize user experience, productivity and due diligence effectiveness. "Enhancing our technology enables our customers to optimize their M&A transactions by doing deals faster, securely displaying their assets to a larger number of competitive bidders, and therefore maximizing ROI," said Ed Bifulk, President, Merrill DataSite. "And because we control all aspects of service, we fully deploy sites in less than 72 hours, further compressing the transaction cycle," continued Bifulk. Merrill DataSite offers the industry's only third generation VDR solution that deploys and manages the deal room from a single source. Turn-key services include: paper and electronic file capture and indexing; an intuitive online product that offers advanced search and security, robust auditing and reporting; and professional implementation and support services staff.