We selected BoardVantage given its ease of use, both for management and our directors, as well as its security. BoardVantage customer support has also been outstanding.
Menlo Park, CA (June 19, 2007) — GNRG Energy, Inc. (NYSE: NRG), a Fortune 500 company which owns and operates a diverse portfolio of power generating facilities in the United States, has adopted the BoardVantage board portal to manage its board communications. NRG is using BoardVantage to automate board book preparations and provide directors and executives with convenient, secure access to board materials.
NRG is transitioning its board communications from an internal electronic delivery system to the BoardVantage board portal. With BoardVantage, the corporate secretary's office is able to assemble, update, and distribute board information more quickly, thereby freeing up resources to focus on other priorities.
According to Tanuja Dehne, NRG's Corporate Secretary, "We selected BoardVantage given its ease of use, both for management and our directors, as well as its security. BoardVantage customer support has also been outstanding. We have been very pleased with the efficiency and professionalism of the BoardVantage team."
"We are excited to add NRG as a customer," said Joe Ruck, president and CEO, BoardVantage. "More and more companies are switching from internal systems to 2nd generation board portals because of the combination of ease of use, rich functionality and security."
A Fortune 500 company, NRG Energy, Inc. owns and operates a diverse portfolio of power generating facilities, primarily in Texas and the Northeast, South Central and West regions of the United States. Its operations include baseload, intermediate, peaking, and cogeneration and thermal energy production facilities. NRG also has ownership interests in generating facilities in Australia, Germany and Brazil.
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
