Tuesday, 10. June 2008
Fürst Transaction Services GmbH recommends Brainloop Secure Dataroom as a platform for M&A transactions


Munich, June 10, 2008 - Fürst Transaction Services GmbH, a Nuremberg based business consultancy specializing in integrated dataroom services, is now expanding their solutions portfolio to include Brainloop Secure Dataroom. This web-based software solution for secure and auditable communications processes enables smooth collaboration in transaction projects, filing of important dataroom documents and confidential communication between managers and shareholders, or consultants. The core business of Fürst Transaction Services GmbH is client consulting and support for the implementation of datarooms in M&A transactions (sales, buy-out, fusion etc.), real estate transactions and corporate financing projects (i.e. IPOs). The company services business of all sizes.

Daniel Fürst, managing director of Fürst Transaction Services GmbH, says: "Confidential exchange of documents is a central part of merger & acquisition or real estate transactions for our clients. The on-demand solutions offered by Brainloop AG make it possible for us to quickly provide secure datarooms, complete with Q&A functions."

Fürst Transaction Services support their clients during the implementation process of the datarooms and thereafter. They stay with their clients, usually the selling party, from setting up the index on through the conclusion of due diligence. Virtual datarooms have become highly acknowledged technology-based tools, especially where due diligence processes are involved. Brainloop Dataroom provides a communication platform that ensures that confidential documents are consistently protected through encrypted data transmission and watertight user authentication. Any user in either of the respective companies, or any other persons involved in the transaction process are allowed access only to exactly the information intended for them to see.

Oliver Gajek, CEO at Brainloop AG, comments: "Our experience proves that electronic datarooms are extremely useful for M&A processes, because they help to save time collecting and processing documents. In addition, an electronic dataroom that supports document management and project organization offers lots of advantages for contract negotiations and the follow-up tasks that arise from integrating companies."

The protection design of the Brainloop Secure Dataroom Software includes an encrypted filing system in the virtual dataroom. Uploading and downloading of data room contents are protected by 128-bit encryption, and all contents on the data room server are protected by 256-bit encryption. In addition, clients can make use of the double-factor authentication that asks for a password and a further token, such as a chip ID or mobile phone for single-use SMS access keys. The secure and confidential communication is enhanced by an integrated audit trail that documents the entire information flow within the secure data room.

ABOUT BRAINLOOP AG
Brainloop AG, with offices in Munich and Boston, is the leading supplier of software solutions for high-security management of confidential documents. Brainloop Se-cure Dataroom is a virtual document safe that enables safe filing, editing and distribution of highly confidential documents within a single company, and beyond. All contents are powerfully protected from unauthorized internal or external attacks, and all actions within the dataroom are documented by an auditing system. Examples for use include contract negotiations, collecting data and writing up quarterly reports, and any other communication that contains confidential information.

Brainloop Secure Dataroom is used internationally by hundreds of renowned companies including BMW, Deutsche Telekom, Eurocopter, Galileo Industries, Premiere and ThyssenKrupp. Leading law firms and investment banks use this solution for the complete life cycle of M&A transactions. Strategic partners of Brainloop are HP, IZB, Microsoft and T-Systems Business Services.


http://www.brainloop.com


MEDIA CONTACT:
BRAINLOOP AG
ULRIKE DREISCHER-WANNER
Brainloop AG, Franziskanerstr. 14, 81669 München, Germany            
Phone.: +49-89-4444699-48, Fax: +49-89-4444699-99    
E-Mail: presse(at)brainloop.com, Internet: www.brainloop.com


ABOUT FÜRST TRANSACTION SERVICES GMBH
Fürst Transaction Services GmbH is a highly specialized consulting firm for inte-grated data room services. The core competence of the firm is the construction and support of virtual and physical data rooms. The company manages the full scope of tasks involved in establishing the data room for their clients - from the development of a logical and convincing data room architecture, over the client-side data collection, data generation and data feasibility, up to the final data al-location. Their services are topped off by perfect Q&A services during due diligence. This consistent support that doesn't allow any gaps guarantees a speedy and secure completion of processes and a high evaluation of the trans-action objects. That makes the company an important catalyst for all transaction projects.

On an organizational level Fürst Transaction Services GmbH is embedded in the Fürst & Partner Group. The group was established in 1971, and today has a staff of approx. 130 people, all auditors, tax consultants, lawyers and specialized employees.


MEDIA CONTACT:
FÜRST TRANSACTION SERVICES GMBH
DANIEL FÜRST
Fürst Transaction Services GmbH, Thomas-Mann-Straße 59, 90471 Nürnberg    
Phone.: +49-911-860906 Fax: +49-911-8609299    
E-Mail: d.fuerst(at)fuerst-datarooms.de, Internet: www.fuerst-datarooms.de


Startet den Datei-Download10/06/2008 PR Fuest Transactions



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