Home | Contact Us  
 



 February 1, 2005

 
Leading Registered Agent Completes Another Strategic Acquisition

Corporation Service Company® (CSC) Leverages Midwestern Presence, Client-Base And Technology Of US Corporate Services Of Minnesota

Wilmington, DE, February 1, 2005 -- Corporation Service Company®, today announced it has acquired Minnesota-based U.S. Corporate Services (USCS) from LexisNexis, a division of Reed Elsevier. The acquisition represents another step in CSC's two-fold strategy to broaden its service suite.

"We are going to continue to aggressively provide new and better services to corporate law departments, law firms and financial institutions," said Bruce R. Winn, President and Chief Executive Officer of CSC. "Our focus has been to grow organically by providing the best customer service, products and error-free experience for our customers while carrying these services to broader markets through strategic acquisitions. Today, we welcome the USCS team as a milestone toward reaching that overall goal."

CSC has generated significant customer growth in 2004, having taken on 21 new Fortune 500 companies as registered agent customers. CSC also represents the overwhelming majority of the National Law Journal 250 law firms, top 43 mergers and acquisitions law firms, and numerous financial institutions, mid-size and small law firms and corporations. As part of its selection of services, the Company also provides the best quality UCC and other searching and filing capabilities.

US Corporate Services has more than 35 years experience in the public record search and filing business. With offices in St. Paul, MN and Portland, OR, USCS specializes in serving businesses that have nationwide UCC search and filing needs, including national banks, leasing companies and law firms.

With CSC's acquisition of LexisNexis Document Solutions of Illinois in June of 2003 and now US Corporate Services of Minnesota, our company has positioned itself as the leading corporation, law firm and financial service provider. It also enhances CSC's product suite for our entire customer base worldwide.

About the Company

Corporation Service Company®, headquartered in Wilmington, Delaware and operating in all 50 states, is a privately-held, leading provider of law office services for Fortune 500* companies as well as 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, litigation management and registered agent services, including its Custom SOP (Service of Process) product suite. For further information, visit the company website www.incspot.com.

*Fortune 500 is a registered trademark of The Time Inc. Magazine Company in the United States and/or other countries.



Contact:
CSC: Renee Weiler
Phone: (800) 927-9800
E-mail: rweiler@cscinfo.com
www.incspot.com