NEW YORK, Sept. 8, 2004 (PRIMEZONE) -- Wolters Kluwer Corporate & Financial Services, a division of Wolters Kluwer and a leading provider of compliance tools, technology and services for financial organizations, announced that Bankers Systems, Inc. has further enhanced its StateLink solution, an online compliance tool for the mortgage industry. The new StateLink tool, a part of Bankers Systems' VMP Mortgage Solutions line, provides lenders valuable information concerning regulatory changes that impact closed-end second mortgages. "Our mortgage solutions are relied on by more than 15,000 mortgage lenders across the U.S. With compliance requirements increasing at all levels of the banking and financial services industry, our continued investment in products like StateLink is an example of how we are expanding our product suite of integrated compliance tools to meet the needs of specific customer segments," said Bob White, CEO of the Wolters Kluwer Financial Services unit.
The StateLink service is relied on by professionals throughout the mortgage lending industry. Subscribers have immediate access to information concerning state licensing, escrow payment responsibilities, recording requirements, assignments, fees, foreclosures, Security Instruments, disclosure notice information, record retention, and predatory lending.
About Wolters Kluwer Corporate & Financial Services Wolters Kluwer Corporate & Financial Services is a leading United States provider of representation, search and filing services to corporate legal departments and law firms, and compliance and operational tools, technology and services for financial services organizations of all sizes. Major brands include Bankers Systems and CT Corporation. Wolters Kluwer Corporate & Financial Services has annual revenues (2003) of (Eur)448 million and is a division of Wolters Kluwer.
Wolters Kluwer is a leading multinational publisher and information services company. The company's core markets are spread across the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. Wolters Kluwer has annual revenues (2003) of (Eur)3.4 billion, employs approximately 18,750 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
Media Peggy Wilson Director of Corporate Marketing Communications Bankers Systems, Inc. t + 1 800-397-2341, Extension 5260 peggy.wilson@bankerssystems.com
Caroline Wouters Vice President, Corporate Communications t + 31 (0)20 6070 459 press@wolterskluwer.com
Investors/Analysts Oya Yavuz Vice President, Investor Relations t + 31 (0)20 6070 407 ir@wolterskluwer.com