CT Announces Enhancements to Its hCue SEC Module; Makes SEC Section 16 Preparation and Filing Easier and Faster

Exclusive Features Increase Efficiency, Streamline the Reporting Process; Enables Companies to Meet SEC’s 2-Day Insider Transaction Reporting Requirements with Confidence and Accuracy

NEW YORK CITY— January 22, 2007—Companies now have a more efficient solution to help meet the SEC’s 2-day insider activities reporting requirements. Today, CT, part of Wolters Kluwer Corporate Legal Services, announces several new features to its hCue entity management solution that make the SEC preparation and filing process even easier and faster for its users.

CT’s hCue is a Web-based, comprehensive entity management solution that enables companies to efficiently manage their vital corporate records, entities and compliance in a secure and collaborative environment. Its integrated SEC Module helps companies easily and confidently comply with the SEC’s insider activities reporting requirement within two days of the transaction date. It manages insiders’ holding balances and allows users to automatically generate, track and electronically file SEC Section 16 Forms 3, 4, and 5. The new enhancements provide users with more tools and functionalities—such as automatic form splitting for SEC Forms 3, 4, and 5 and the ability to preview forms in PDF format—that make the entire process more streamlined and easier to manage. 

“It can be very challenging for legal professionals to manage and report SEC Section 16 Forms 3, 4, and 5 within the mandated time period. And, the record-keeping needed for reporting these transactions can be time-consuming and error-prone because of all the steps involved,” said Gene Landoe, president and CEO of CT and Wolters Kluwer Corporate Legal Services. “The new enhancements to CT’s hCue SEC Module provide our customers with more ways to meet these demanding requirements in an efficient and accurate manner.”

The new enhancements to the hCue SEC Module allow its users to:

• Automatically split Section 16 Forms 3, 4 and 5—This lets users meet the SEC’s “30 rows” format requirement for Table I and Table II, removing the time-consuming and error-prone manual line counting process. No other Section 16 tool provides automatic form splits. 
• Preview in PDF—With CT’s hCue, users can easily print, share and preview forms in easy-to-read PDF format with automatic labels and paginations.
• Generate Transaction Journal Reports and Delinquent Transaction Reports—This helps save time in preparing proxies and statements of shares held for owners.
• Issue awards and set up post-dated activities to multiple insiders at one time—Using this feature helps increase productivity and streamline planned future option grants.
• Prepare Section 16 Forms 3, 4 and 5 quickly and accurately with “global footnote” re-use—With this feature, there is no need to re-key or copy and paste footnotes into multiple forms.

In addition to these new features, one of the existing functionalities of CT’s hCue SEC Module is its automatic handling of stock splits. Users can enter the split ratio, an effective date and any additional information for security and hCue’s unique, one-step stock split feature will automatically re-calculate and adjust share prices. The new enhancements combined with the existing functionalities such as this one makes CT’s hCue one of the most comprehensive solutions on the market today.

About CT
CT, a Wolters Kluwer business, provides intelligent software and service solutions that empower legal professionals to more effectively manage dynamic information, speed workflows and make critical decisions. CT is the market leader for corporate compliance and governance services and solutions, including solutions for managing statutory representation, corporate transactions, and jurisdictional and securities compliance; UCC products and services for corporate due diligence, secured lending, bankruptcy, and real estate, among other areas; matter management and e-billing applications, litigation support software, and eDiscovery services; and innovative trademark research offerings from CT Corsearch. CT is based in New York City. For more information, please visit www.ctlegalsolutions.com.

Contact:
Stacy Nobles
Public Relations Manager
CT & Wolters Kluwer Corporate Legal Services
(212) 590-9058
stacy.nobles@wolterskluwer.com