SOURCE: BoardVantage

December 20, 2007 07:30 ET

Hercules Offshore Adopts BoardVantage

BoardVantage Speeds Delivery of Board Materials to Directors

MENLO PARK, CA--(Marketwire - December 20, 2007) - Hercules Offshore, Inc. (NASDAQ: HERO), one of the leading providers of contract drilling, marine and liftboat services drillers globally, has adopted BoardVantage to manage its board communications. Hercules Offshore is using BoardVantage to streamline board book preparations, and to provide directors with easy, online access to board documents.

According to James Noe, Senior Vice President, General Counsel, Secretary, and Chief Compliance Officer, "We immediately saw the value of the BoardVantage solution. With BoardVantage, we are able to produce highly navigable, electronic board books in a fraction of the time it previously took to create paper-based board books. We are also able to maintain a historical repository of documents, which we can access whenever needed. Furthermore, BoardVantage provides a way for our directors to access board materials in a secure environment from an Internet connection anywhere in the world. We are looking forward to using the product."

"We are excited to add Hercules Offshore as a customer," said Joe Ruck, president and CEO, BoardVantage. "We have over 10 energy customers, and Hercules Offshore illustrates the benefits our solution brings to simplifying the board book preparation process."

About Hercules Offshore

Headquartered in Houston, Hercules Offshore operates a fleet of 33 jackup rigs, 27 barge rigs, 65 liftboats, three submersible rigs, nine land rigs, one platform rig and a fleet of marine support vessels and has operations in ten different countries on five continents. The company offers a range of services to oil and gas producers to meet their needs during drilling, well service, platform inspection, maintenance, and decommissioning operations in shallow waters. For more information, please visit

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

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