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We selected BoardVantage because it supports the full scope of board work, both for meetings and in between meetings.
Menlo Park, CA (May 2, 2006) — Fleetwood Enterprises, Inc. (NYSE: FLE), a leading producer of recreational vehicles and manufactured housing, has selected BoardVantage to provide a secure but user-friendly Web portal for its board of directors. With BoardVantage, Fleetwood directors will now be able to prepare for meetings and manage recurring board processes online.
"At Fleetwood, we continually evaluate and enhance our corporate governance practices," said Leonard J. McGill, senior vice president, general counsel and secretary. "With the ever-increasing pace of board work, we decided our processes would be enhanced if our directors, who are geographically dispersed across the country, could have pertinent information at their fingertips and if we enhanced their ability to act on time-sensitive issues immediately. We selected BoardVantage because it supports the full scope of board work, both for meetings and in between meetings. Most importantly, BoardVantage does so with an intuitive design of single-click access, alerts, and point-and-click workflow, so our directors will adopt it more readily."
BoardVantage also simplifies communication with the Board of Directors for Fleetwood's administrative staff, which can now effectively organize and distribute board content online, and automate processes in between meetings, such as consents and evaluations, with workflows and dashboards.
"Being able to respond to a rapidly changing business climate is crucial for any corporation. This means geographically dispersed boards need to be able to effectively conduct board work both in meetings and in between meetings," said Joe Ruck, president and CEO at BoardVantage. "The solution requires a comprehensive Application Suite that addresses the full scope of board work. With BoardVantage, leaders in the Fortune 1000 like Fleetwood will be able to achieve higher effectiveness in board communication enabling quick response to evolving business environments."
Fleetwood Enterprises, Inc., through its subsidiaries, is a leading producer of recreational vehicles and manufactured homes. This Fortune 1000 company, headquartered in Riverside, Calif., is dedicated to providing quality, innovative products that offer exceptional value to its customers. Fleetwood operates facilities strategically located throughout the nation, including recreational vehicle, manufactured housing and supply subsidiary plants. For more information, visit the Company's website at www.fleetwood.com.
BoardVantage is the leading provider of secure board portals, with 175 customers — including over 20 Fortune 100 companies. BoardVantage provides a secure and user-friendly Web portal for centralizing board documents, processes and communications. It also provides productivity tools for creating and distributing board materials efficiently. BoardVantage is SAS 70 Type II certified, and meets or exceeds the standards of the most security conscious IT departments, including those of major financial institutions. To learn more, visit www.boardvantage.com.
Maria Krinsky
KickStart Consulting, for BoardVantage
415-509-0498
pr@boardvantage.com
