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American Electric Power Selects BoardVantage
(Marketwire Via Acquire Media NewsEdge) MENLO PARK, CA, January 8 / MARKET WIRE/ --
American Electric Power (NYSE: AEP), has
picked BoardVantage to manage its board communications. American Electric
Power will use BoardVantage to create a centralized repository of its board
materials, as well as streamline board process and reduce costs.
Mr. Jeffrey Cross, Deputy General Counsel and Assistant Secretary, notes,
"As part of a corporate initiative to move away from manual board process,
our board was keen to reap the benefits of a secure board portal, with a
centralized repository, remote access, and the ability to review online. In
addition, as AEP's Directors travel frequently, BoardVantage gives them a
convenient and secure way to access Board materials wherever they may be."
"BoardVantage is increasingly the portal of choice of the energy sector,"
commented Joe Ruck, president and CEO, BoardVantage. "Boards in the energy
business frequently deliberate about a broad range of policy, environmental
and financial issues. This places a premium on immediate and full access to
board documents and supporting materials."
About American Electric Power
American Electric Power is one of the largest electric utilities in the
United States, delivering electricity to more than 5 million customers in
11 states. AEP ranks among the nation's largest generators of electricity,
owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also
owns the nation's largest electricity transmission system, a nearly
39,000-mile network that includes more 765-kilovolt extra-high voltage
transmission lines than all other U.S. transmission systems combined. AEP's
transmission system directly or indirectly serves about 10 percent of the
electricity demand in the Eastern Interconnection, the interconnected
transmission system that covers 38 eastern and central U.S. states and
eastern Canada, and approximately 11 percent of the electricity demand in
ERCOT, the transmission system that covers much of Texas. AEP's utility
units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and
West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan
Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern
Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's
headquarters are in Columbus, Ohio. For further information, please visit
www.aep.com.
About BoardVantage
BoardVantage is the leading provider of secure board portals, with 200 customers -- 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 http://www.boardvantage.com/.
All trademarks, trade names or service marks used or mentioned herein
belong to their respective owners.
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BoardVantage Media Contact
Maria Krinsky
KickStart Consulting, for BoardVantage
415-509-0498Email Contact
Copyright ? 2009 Marketwire
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