SOURCE: Corporation Service Company

August 12, 2005 12:15 ET

Corporation Service Company® Completes Acquisition of Diligenz®, Inc.

WILMINGTON, DE -- (MARKET WIRE) -- August 12, 2005 -- Corporation Service Company®, announced today the completion of the acquisition of Diligenz®, Inc., headquartered in Mukilteo, WA.

The combination of CSC® and Diligenz will bring together two highly respected companies in the legal and financial services industry, providing both secured transaction and corporate services. Over the past 15 years, Diligenz built an innovative technology-focused service that enjoys great success. CSC's customer-focused technology is built on the foundation of CSC's award-winning customer service. By combining these strengths, CSC is able to offer a formidable and comprehensive array of high quality services for the legal, banking and financial industries.

"We are delighted to welcome the people and services of Diligenz into the CSC organization," said Bruce Winn, President and Chief Executive Officer of CSC.

Mr. Winn continued, "CSC set a goal to become the premier provider of corporate legal and financial services. The acquisition of Diligenz is another important step towards this goal. It also takes us further along our continuing journey to provide our clients with the best possible combination of service, products, and technology available anywhere."

About the Company

Corporation Service Company®, headquartered in Wilmington, Delaware, and operating in all 50 states, is a privately held, leading provider of legal and financial services for Fortune 500* companies, banks and law firms. Founded in 1899, CSC, which now employs nearly 1000 people, offers clients corporate compliance and governance services, entity management services, public record document and retrieval services, uniform commercial code services, motor vehicle services, litigation management and registered agent services, including its Custom SOP (Service of Process) product suite. For further information, visit the company website

*Fortune 500 is a registered trademark of The Time Inc. Magazine Company.

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