CSC To Acquire Diligenz, Inc

Monday, August 1, 2005 - 01:00

Corporation Service Company(CSC) has announced that it has executed a stock purchase agreement to acquire 100 percent of the stock of Diligenz, Inc., headquartered in Mukilteo, WA. Closing is subject to regulatory approval.

The combination of CSC and Diligenz will bring together two highly respected companies in the legal services industry, providing both secured transaction and corporate services. Diligenz's unique online technology services for financial institutions and banks will complement CSC's blend of customer service and innovative solutions to legal and corporate customers.

"The addition of Diligenz's strong technology-focused service to our award-winning customer service, will enable CSC to provide the most comprehensive solution for our clients," said Bruce R. Winn, president and CEO of CSC.