Broadridge and NewRiver Deliver Summary Prospectus Solutions to the Mutual Fund Industry
Exclusive Deal Provides Mutual Funds with Simple, Efficient Solution for New SEC Rule
LAKE SUCCESS, NY AND ANDOVER, MA, September 9, 2009 -- Broadridge Financial Solutions, Inc.
(NYSE:BR) and NewRiver today announced a comprehensive solution to the SEC’s newly-enacted
summary prospectus rule that combines Broadridge’s best in class inventory, print, fulfillment and
householding capabilities with NewRiver’s patented electronic database to create a unique and highly
valuable service offering. Broadridge is a leading global provider of technology-based solutions to the
financial services industry. NewRiver, Inc. is the creator of the leading central repository of mutual fund
documents and data for financial services firms.
Broadridge’s Summary Prospectus solution offers mutual funds the ability to reduce costs while
simplifying their prospectus printing and distribution process and assisting them with meeting the
requirements of the new SEC Summary Prospectus rule. In light of the increase in the number of
catalogs that mutual funds need to produce and the lower summary prospectus page count, Broadridge’s
solution, and the flexibility it provides to clients to selectively print-on-demand, offers mutual funds a cost-
effective alternative to full prospectus distribution.
“Our consistent delivery of innovative solutions has made Broadridge a leader in the financial services
industry. Our service offerings enable our clients to focus on core business activities, while we handle the
time-consuming, labor-intensive aspects of regulatory investor communications. By combining the
advanced technology solutions of Broadridge and NewRiver, we can provide a comprehensive summary
prospectus solution that will require mutual fund companies only to file their summary prospectuses with
the SEC’s EDGAR system, and Broadridge will manage the rest of the process,” said Gerard Scavelli,