Wolters Kluwer NV
amsterdam : WLSN

January 27, 2012 10:30 ET

Wolters Kluwer Promotes Richard Flynn to Group President and CEO of Corporate Legal Services

ALPHEN AAN DEN RIJN, NETHERLANDS--(Marketwire - Jan 27, 2012) -

Mr. Flynn's leadership fuels strong business performance while driving investments to accelerate growth

Alphen aan den Rijn, Netherlands (January 27, 2012) - Wolters Kluwer, a market- leading global information services company focused on professionals, announced today the promotion of Richard Flynn to Group President and Chief Executive Officer of Corporate Legal Services (CLS). CLS is a leading portfolio of businesses offering legal compliance and performance management solutions under go-to-market brands that include CT Corporation, CT Lien Solutions, Corsearch, and TyMetrix.

"Since Richard joined Wolters Kluwer in early 2010, he has delivered strong results while also driving breakthrough innovation to position the CLS group for accelerated growth in the longer term," said Nancy McKinstry, CEO and Chairman of the Executive Board of Wolters Kluwer. "The role of the legal professional is changing. Richard has successfully strengthened CLS' position as the partner of choice to serve these evolving customer needs."

Under Mr. Flynn's leadership, CLS has advanced its portfolio of businesses. It has completed strategic acquisitions, including National Registered Agents, Inc. (NRAI) and Edital, to strengthen leadership positions and drive global expansion. It has also delivered new products in adjacent markets that leverage core competencies, such as CT Lien Solutions' iLienRED, a platform offering tremendous improvements in managing and recording real estate documents. And, CLS has leveraged advanced data analytics as part of an overall "big data" strategy to create new business models. This is exemplified by the introduction of the Real Rate Report™, the industry's first product to offer an objective look at actual legal invoice data to help customers better manage their legal services expenses.

"I joined Wolters Kluwer for the opportunity to lead a successful group of businesses. I have had the great fortune to work with a highly talented group of industry experts who embrace the challenge to find new and better ways to serve our customers," said Richard Flynn. "I am proud of what we have been able to accomplish in a short amount of time. I look forward to bringing more innovations to market as we work to unleash the full potential of Corporate Legal Services."

Before joining CLS, Mr. Flynn held a number of senior-level positions at American Express over the past 18 years. Read more about Mr. Flynn's background in the press release announcing his appointment of April 6, 2010.

About Wolters Kluwer Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer's leading information- enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.

Wolters Kluwer had 2010 annual revenues of EUR3.6 billion, employs approximately 19,000 people worldwide, and maintains operations across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up Wolters Kluwer on Facebook for more for information about our customers, market positions, brands, and organization.

Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect", "should", "could", "shall", and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward- looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

PDF version of Press Release: http://hugin.info/130682/R/1580821/493663.pdf

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Source: Wolters Kluwer NV via Thomson Reuters ONE


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