AmericanWest Bancorporation Chooses BoardVantage
AmericanWest looks to move to paperless board book distribution.
Menlo Park, CA (April 10, 2008)—AmericanWest Bancorporation, (Nasdaq: AWBC), a $2 billion regional bank holding company with subsidiary bank operations in Washington, Idaho, and Utah, has selected BoardVantage to manage its board communications. AmericanWest will be using BoardVantage to streamline the preparation and distribution of its board materials and increase the efficiency of the Corporate Secretary’s Office.
Patrick J. Rusnak, Executive VP/Chief Operating Officer of AmericanWest, says, "Increasing board member oversight responsibility and the related growth in the amount of board meeting information has led to a significant increase in the time and effort necessary to assemble and deliver the board package in a timely, organized and secure fashion. BoardVantage’s unique Corporate Secretary toolkit will help us gain considerable efficiencies in the preparation, distribution and retention of all board materials. It will also benefit our directors, who will have much faster access to new board material and the ability to easily view any archived materials.”
"AmericanWest is well aware of the strict security requirements of board work that are met by BoardVantage." said Joe Ruck, president and CEO, BoardVantage. “The BoardVantage Board Portal’s ease of use was a further reason for this win over our competition.”
About AmericanWest Bancorporation:
AmericanWest Bancorporation is a bank holding company whose principal subsidiary is AmericanWest Bank, a community bank with 64 financial centers located in Washington, Northern Idaho and Utah. For further information on the company or to access Internet banking, please visit our web site at http://www.awbank.net/IR.
About BoardVantage
BoardVantage is the leading provider of secure board portals, with customers across multiple industries and in all sizes—including over 20 Fortune 100 companies. BoardVantage provides a secure and user-friendly Web portal for centralizing board documents, processes and communications. It also provides productivity tools for creating and distributing board materials efficiently. BoardVantage is SAS 70 Type II Certified, and meets or exceeds the standards of the most security conscious IT departments, including those of major financial institutions. To learn more, visit www.boardvantage.com.
All trademarks, trade names or service marks used or mentioned herein belong to their respective owners.
BoardVantage Media Contact
Maria Krinsky
KickStart Consulting, for BoardVantage
415-509-0498
pr@boardvantage.com
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