Wolters Kluwer Corporate Legal Services Signs Agreement To Acquire NRAI

6/14/2011, 8:00 AM (Source: GlobeNewswire)
Acquisition Will Expand Company's Compliance and Governance Portfolio; Will Also
Further Extend Custom Offerings to Unique Customer Segments

NEW YORK, NY. (June 14, 2011) - Wolters Kluwer Corporate Legal Services (CLS),
the originator of the legal compliance services industry, today announced it has
signed an agreement to purchase National Registered Agents, Inc. (NRAI) and
select affiliated entities. This acquisition will add NRAI to CLS's portfolio of
industry-leading business compliance and corporate governance solutions, which
includes CT Corporation and BizFilings. The terms of the deal are not being
disclosed, and closing of the acquisition is subject to the satisfaction of
customary conditions, including regulatory approval.

NRAI has been providing registered agent services since 1995, specializing in
compliance and governance services for small and mid-sized businesses and the
legal community that supports them. Its suite of services spans U.S. and
international registered agents, corporate compliance and entity management.

Combining NRAI's offerings with those of CT Corporation, a leading provider of
corporate business compliance solutions, and BizFilings, a leading online
incorporation service provider for small-business owners, will position CLS to
offer a comprehensive spectrum of solutions to the market.  Whether it's
entrepreneurs, small- and medium-sized businesses, enterprise-level companies,
or the law firms who serve them, Wolters Kluwer Corporate Legal Services is the
provider of choice for legal compliance and corporate governance solutions.

"For nearly 120 years, our market-leading brand, CT Corporation, has set the
standard for service excellence to the legal community," said Wolters Kluwer
Corporate Legal Services President and CEO Richard Flynn.  "NRAI has built a
unique and highly valued distribution model to serve small and mid-sized
companies. We see this acquisition as the perfect complement to our portfolio,
enabling us to provide an even broader set of services and solutions for this
important customer segment."

"NRAI was founded by industry veterans with a commitment to provide exceptional
customer service and innovative technology," said Dennis Howarth, President and
CEO of NRAI. "We've experienced 15 years of unprecedented growth, and we wanted
to position the company for continued growth, taking it to the next level. After
considering a number of options, we selected Wolters Kluwer as the most logical
buyer and the best strategic partner to help us achieve our goals."

Headquartered in Princeton, NJ, NRAI has approximately 160 employees in offices
across the U.S.

About Wolters Kluwer Corporate Legal Services (CLS)
As the originator of the corporate legal services industry, Wolters Kluwer CLS
has been setting the standard for unrivaled service to the legal community for
nearly 120 years. Combining unmatched industry expertise, a full spectrum of
products and services and a personalized customer experience every time, CLS is
the legal professional's clear choice to manage, measure and define the future
of legal compliance services and performance management.

Wolters Kluwer Corporate Legal Services is a business of Wolters Kluwer, a
market-leading global information services company with annual revenues (2010)
of €3.6 billion and approximately 19,000 people across Europe, North America,
Asia Pacific and Latin America. Wolters Kluwer is headquartered in Alphen aan
den Rijn, the Netherlands.Its shares are quoted on Euronext Amsterdam (WKL) and
are included in the AEX and Euronext 100 indices. Visit our website, YouTube,
follow @Wolters_Kluwer on Twitter, or look up Wolters Kluwer on Facebook for
more for information about our customers, market positions, brands, and
organization.

Should you wish to change how you receive information from Wolters Kluwer,
please click here.

Forward-looking Statements
This press release contains forward-looking statements. These statements may be
identified by words such as "expect," "should," "could," "shall," and similar
expressions. Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the forward-looking
statements. Factors which could cause actual results to differ from these
forward-looking statements may include, without limitation, general economic
conditions; conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological developments;
the implementation and execution of new ICT systems or outsourcing; and legal,
tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as
risks related to mergers, acquisitions, and divestments. In addition, financial
risks such as currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of factors
should not be construed as exhaustive. Wolters Kluwer disclaims any intention or
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.

Contact: Media Investors/Analysts NRAI Contact
Stacy Nobles Jon Teppo Reyner Meikle
Director of Communications Vice President, VP, Marketing
Wolters Kluwer Investor Relations National Registered
Corporate Legal Services Wolters Kluwer Agents, Inc.
+1 212 590 9058 +31 172 641 407 +1 609 716 0300
stacy.nobles@wolterskluwer.com ir@wolterskluwer.com rmeikle@nrai.com








PDF version of Press Release :
http://hugin.info/130682/R/1523105/459176.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Wolters Kluwer NV via Thomson Reuters ONE

[HUG#1523105]
Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.