October 07, 2009 12:57 ET

IntraLinks Observes Second Consecutive Quarter of Increased Deal Activity

Global Transactions Rise Ten Percent in Q3 2009

NEW YORK, NY--(Marketwire - October 7, 2009) - Results of the third quarter IntraLinks® Deal Flow Indicator show a ten percent increase in global deal activity this quarter over the second quarter of 2009. Deal activity increased across all regions of the world, with Europe, the Middle East, and Africa (EMEA) and Asia Pacific (APAC) seeing the largest increases quarter to quarter. Third quarter improvements can be attributed to continued strength in global equity markets, the return of large, non-distressed deals and continued distressed M&A activity as companies executed on plans to deleverage.

"This uptick in deal activity builds on the 10 percent increase IntraLinks observed last quarter, and is a strong indicator of continued market stabilization," said J. Andrew Damico, President and CEO of IntraLinks. "The heightened increases were reflected in not one but multiple industries including technology, life sciences, industrial/manufacturing and energy in the past quarter."

"Given that most M&A processes exceed five months in duration, we are always looking for leading indicators of transaction activity. Intralinks' Deal Flow Indicator provides a statistical metric of transaction trends that is in marked contrast to the anecdotal information currently available to us," commented Alec Ellison, co-head of Investment Banking at Jefferies.

IntraLinks has been the leading global provider of M&A virtual datarooms for more than 10 years and is currently involved in nearly half of global deals greater than $25 million. Most of these deals are active on IntraLinks' virtual datarooms as many as three months prior to being publicly announced. Issued quarterly, the IntraLinks Deal Flow Indicator is calculated using the total volume of IntraLinks virtual datarooms that were proposed for use by deal teams initiating projects during the previous quarter. The totals are then analyzed regionally and compared to previous time periods.

About the Deal Flow Indicator

Read IntraLinks Deal Flow Indicator Third Quarter Report here. For more commentary on the report, read IntraLinks' blog here.

About IntraLinks

IntraLinks provides on-demand solutions for businesses to securely collaborate, communicate and exchange critical information inside and outside the enterprise. For more than a decade, 800,000 professionals from more than 90,000 organizations have relied on IntraLinks to accelerate workflow, optimize business processes and realize new profit potential. IntraLinks counts 800 of the Fortune 1000 as clients, including AstraZeneca Pharmaceuticals LP, Bank of America, Deutsche Bank and the FDIC. Visit www.intralinks.com or blog.intralinks.com for more information.

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