Canadian Stock Transfer Company Inc.

Canadian Stock Transfer Company Inc.

March 22, 2011 09:30 ET

Canadian Stock Transfer Company Earns Top Rating in Group Five's Shareholder Services Benchmarking Study

TORONTO, ONTARIO--(Marketwire - March 22, 2011) - Canadian Stock Transfer Company Inc. ("CST") announced today that it had received the top transfer agent ranking according to an independent study conducted by Group Five, Inc. CST scored an 87% overall satisfaction rating in the 2010 Shareholder Services Benchmarking Study and received top marks in most major categories, including issuer service, account support, annual meeting service and overall value.

Group Five is a global consulting and marketing information services firm, specializing in shareholder and employee plan services research. The annual shareholder services study measures issuers' satisfaction with a comprehensive series of transfer agent services; identifies strengths and weaknesses, as well as key drivers of issuer loyalty.

Mark C. Healy, President and Chief Executive Officer of CST said, "We are very pleased to receive the top ranking in this year's survey. The results confirm that we are listening to our clients and are focused on delivering the highest level of service in the industry. We are committed to offering the global capabilities and technology required to provide enhanced tools to our clients, shareholders and employees. I'm delighted to have such a dedicated team of experts working for our company and we look forward to continuing to build on this excellence."

Laurel Savoy, Vice President of CST's Trust Services, added, "As we begin an exciting new chapter as Canadian Stock Transfer, I am thrilled that we will have new tools to build upon the high level of client service that was our hallmark at CIBC Mellon."

The Group Five results also follow a similar outcome in the 2010 Transfer Agent Comparison Report, conducted by Shareholder Consulting Services, Inc. In this study, CST again scored the highest overall satisfaction rating among Canadian transfer agents.

In a separate study conducted by Group Five in September, CST's sister company, AST Equity Plan Solutions, received the highest overall satisfaction rating for fully and partially outsourced plan administration. Employee plans for CST clients are administered by AST Equity Plan Solutions.

About CST

CST is part of the Link Group, an international network of providers of transfer agent and employee plan services. Headquartered in Canada, with offices in Toronto, Montreal, Calgary, Halifax and Vancouver, CST provides issuers global solutions through local access points. Formerly the Issuer Services business of CIBC Mellon, CST joined American Stock Transfer & Trust Company, LLC ("AST") to form the North American division of the Link Group. Together this division provides service to over 8,000 issues and more than 5.5 million shareholders in over 22 foreign countries, ranging in size from initial public offerings to Fortune 100 companies.

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