Public Companies, Law Firms & Investment Banks Move Toward Virtual & Mobile Drafting Sessions When Preparing Material Documents, According to Vintage Filings
Steady Growth in Transactional Work Experienced by PR Newswire's Vintage Filings Division Highlights Efficiency and Affordability of Virtual & Mobile Drafting Sessions as Alternative to Traditional Drafting Sessions
PR Newswire
NEW YORK

NEW YORK, Nov. 29, 2010 /PRNewswire/ -- Vintage Filings (www.vfilings.com), a division of PR Newswire, announced that its virtual and mobile drafting sessions have experienced rapid industry acceptance and are now a top choice amongst issuers, investment banks and law firms for transactional work.

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Vintage Filings' virtual and mobile drafting sessions offer a more cost- and time-efficient alternative to the traditional drafting sessions, which have been viewed by the industry as excessive in cost.  Built upon a "We Come to You" approach, Vintage Filings' mobile drafting sessions empower companies with a dedicated 24x7 transaction team that reduces companies' travel expenses, entertainment costs and billable hours. These capabilities are the main drivers of the steady growth in transactions that Vintage Filings has achieved by adding clients such as: Intralinks Holdings Inc, Cornerstone Ondemand Inc, Sodastream International Ltd, Republic Airways Holdings Inc, Unitek Global Services Inc and Energy Xxi Ltd.

"Traditional drafting sessions are outdated as there is no longer a need for a company to organize working groups that spend hours, sometimes even days at the printer, in exchange for a steep invoice," said Shai Stern, chief executive officer, Vintage Filings, a division of PR Newswire.  "Instead, Vintage Filings' virtual and mobile capabilities offer companies a flexible, efficient and client-oriented transaction experience that allows us to customize each drafting session to meet our client's unique needs."

About Vintage Filings

PR Newswire's Vintage Filings division is a full service financial filing and printing firm. With over 4,500 public company clients, Vintage has quickly become the fastest growing EDGAR firm nationwide. Vintage works in partnership with its clients to provide the knowledge and service necessary to meet the constantly changing requirements in SEC filing regulations. Vintage Filings provides high quality, cost-effective EDGAR filings and print services – including XBRL tagging, section 16 filings, investment management, typesetting and more – with the industry's fastest turnaround time. Vintage is headquartered in New York, with an additional office in Los Angeles. For more information, visit www.vfilings.com.

About PR Newswire

PR Newswire (www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry 56 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content – from rich media to online video to multimedia – and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world's enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a United Business Media company.

Media Contact:

Rachel Meranus, Vice President, Marketing and Communications, PR Newswire at +1.201.360.6776 or rachel.meranus@prnewswire.com


Lauren Brown, Vintage Filings at +1.310.417.1868 or lbrown@vfilings.com.



SOURCE Vintage Filings