ACCESS Newswire acquisition history

Issuer Direct acquired certain assets of San Leandro, California-based SEC Compliance Services, Inc., a full-service XBRL and EDGARization provider that specialized in building reseller channels to the corporate market. The deal expanded Issuer Direct's corporate-issuer customer base to over 500 and added a West Coast sales office. $275,000 in cash plus 70,000 restricted shares of Issuer Direct common stock.

We are impressed with the accomplishments of Michael Colon and his team at SEC Compliance Services during the past year and look forward to working with them as part of the Issuer Direct family,Brian R. Balbirnie — Chief Executive Officer, Issuer Direct Corporation

Issuer Direct acquired all of the common stock of Richmond, Virginia-based PrecisionIR Group, Inc., a global provider of online investor relations and web-based corporate communications solutions, including its Annual Report Service (ARS) and Company Spotlight offerings. Issuer Direct expected the deal to more than double its revenue and client count and to be EBITDA-accretive within the first 12 months. approximately $3.45 million in cash.

This strategic acquisition significantly increases our customer base and adds new complementary solutions to our already robust suite of offerings,Brian R. Balbirnie — Chief Executive Officer, Issuer Direct

Issuer Direct acquired the assets of ACCESSWIRE, a Vancouver-based newswire specializing in press-release distribution to public and private companies across North America, from Baystreet.ca Media Corp. The deal gave Issuer Direct direct ownership of a newswire network and a new private-company vertical, and added several hundred clients. $1.84 million ($1.70 million cash plus $140,000 in common stock).

This acquisition continues the strong momentum for Issuer Direct, broadening our client base by several hundred additional public and private companies and further expanding our already comprehensive offering,Brian Balbirnie — Chief Executive Officer, Issuer Direct

Issuer Direct acquired Salt Lake City, Utah-based Interwest Transfer Company (ITC), a stock registrar and transfer agent that had operated for 56 years. The two firms had already collaborated for about a year, with Issuer Direct providing ITC's annual meeting and proxy management. The deal bolstered Issuer Direct's transfer-agent business - a segment with its longest customer retention - and added more than 300 customers. $1.935 million cash plus 25,235 shares at closing, plus $960,000 payable in cash over three years.

We have known the team at Interwest for several years, and value their passion for having a customer first commitment to each and every customer they serve. We plan to retain certain key employees of ITC, and we look forward to having their talent be a part of the family here at Issuer Direct,Brian Balbirnie — Chief Executive Officer, Issuer Direct

Through its wholly owned subsidiary ACCESSWIRE Canada, Ltd., Issuer Direct acquired all of the outstanding equity of Filing Services Canada Inc., a Calgary-based press-release distribution business trading as FSCwire that focuses on the Canadian market. The deal expanded the ACCESSWIRE newswire footprint into Canada. Seller Fred Gautreau agreed to a two-year non-compete and joined Issuer Direct. USD $1,140,000 in cash plus $60,000 in restricted stock (3,402 shares).

Issuer Direct acquired the VisualWebcaster Platform (VWP), a product suite from Onstream Media Corporation, for $2.788 million cash paid at closing. VWP is a cloud-based earnings webcast, webinar and training platform delivering live and on-demand streaming of events. Issuer Direct projected the deal would raise annual revenue about 15% and expand its webcast customer base by at least 50%, folding VWP into its Platform id. offering. $2.788 million in cash.

We have known the team at Onstream for several years. The VWP product suite is industry leading and trusted by some of the biggest names in the Fortune 100 and beyond. We believe it will definitely increase the quality and scope of our event business,Brian Balbirnie — Chief Executive Officer, Issuer Direct

Issuer Direct acquired iNewsWire.com LLC (Newswire), a media and marketing communications technology company providing press-release distribution, media databases, media monitoring and newsrooms through its Media Advantage Platform. The deal increased Issuer Direct's communications revenue by more than 80% and nearly doubled its press-release distribution business, making the combined ACCESSWIRE + Newswire one of North America's largest press-release distribution platforms. approximately $43.9 million (about $18.0 million cash, a $22.0 million secured promissory note, and 180,181 shares valued at approximately $3.9 million).

We are very pleased to complete the strategic acquisition of Newswire as part of our plan to grow and invest in our Communications business. We are excited to welcome Newswire customers and employees to the Issuer Direct family,Brian Balbirnie — Chief Executive Officer, Issuer Direct