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As a result of the alliance, Bowne is launching a new financial statement reporting tool for automated external reporting. Bowne's tool offers compliance clients support further upstream in their documents' lifecycles and improves the efficiency of the external reporting process. In addition to helping clients consolidate, edit, track and manage their financial reports, Bowne's automated external reporting tool offers attractive, additional benefits for clients. Through state-of-the-art technology, it will be integrated with the Bowne's robust composition network, and offers clients multiple output formats, including Microsoft Word(R), PDF, EDGAR-ready HTML and XBRL.
"Our alliance with Clarity enables us to offer compliance professionals a true end-to-end solution," said Bill Penders, President of Bowne. "Bowne's external reporting software automates a traditionally manual process, and by integrating this capability with our existing suite of compliance solutions, clients' projects will move seamlessly throughout the entire document life cycle, from the earliest stages of file creation straight through to the final stages, including submission to the SEC and delivery to shareholders."
With a more streamlined and automated process, Bowne will help clients cope with tighter filing deadlines and expanding disclosure requirements, as well as give them greater confidence in the accuracy of their data.
"We're pleased to enter into this relationship, and are confident that we will add significant value to Bowne's suite of compliance services," said Frank Pizzolato, CEO, Clarity Systems. "We look forward to working with Bowne and its blue chip client base."
About Bowne & Co., Inc.
Bowne & Co., Inc. (NYSE: BNE | Quote | Chart | News | PowerRating) provides shareholder and marketing communications services around the world. Dealmakers rely on Bowne to handle critical transactional communications with speed and accuracy. Compliance professionals turn to Bowne to prepare and file regulatory and shareholder communications online and in print. Marketers look to Bowne to create and distribute customized, one-to-one communications on demand. With 3,700 employees in 60 offices around the globe, Bowne has met the ever-changing demands of its clients for more than 230 years. For more information, please visit www.bowne.com.
About Clarity Systems
Clarity Systems delivers software solutions to the Office of Finance. Its software helps large and mid-market organizations around the world improve their budgeting, planning, consolidations, scorecarding and management reporting processes and also automates their external reporting processes to support the production of regulatory and statutory reports. Clarity's unified applications help CFOs reduce reporting risk while simultaneously improving operational efficiency. For more information, please visit www.claritysystems.com or call 1-877-410-5070.
Investor Relations Contact: John J. Walker SVP & Chief Financial Officer 212-658-5804 john.walker@bowne.com Media Contact: Pamela Blum Director, Corporate Communications 212-658-5884 pamela.blum@bowne.com Bowne & Co., Inc. 55 Water Street New York, NY 10041 (212) 924-5500 Fax: (212) 658-5871
SOURCE: Bowne & Co., Inc.
mailto:john.walker@bowne.com mailto:pamela.blum@bowne.com
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