	At first I was personally considering being the shareholder rep, but I had questions about what unknown risks and responsibilities I might be assuming. Then our M&A attorney told us about SRS. With SRS, the former shareholders still drive all major decisions, but with a professionally managed process from closing to escrow release.
John Kingery Former Chairman Fast Track Systems, Inc.

Former Stockholders of Fast Track Systems Appoint SRS as Stockholder Representative in Recent Acquisition

04.14.2008

Denver, CO – April 14, 2008 – Shareholder Representative Services (SRS), the first and only company specializing in post-closing shareholder representation in private M&A transactions, today announced that it has been appointed as the representative of the former stockholders of Fast Track Systems, Inc. following the company’s recent acquisition. Fast Track’s selling stockholders include CW Ventures and ARCH Venture Partners.

“At first I was personally considering being the shareholder rep, but I had questions about what unknown risks and responsibilities I might be assuming” said John Kingery, former Chairman of Fast Track Systems, Inc., which provided clinical trial planning software, proprietary contracting data and professional services. “Then our M&A attorney told us about SRS. With SRS, the former shareholders still drive all major decisions, but with a professionally managed process from closing to escrow release.”

SRS serves as a professional representative of the stockholders following the closing of merger or acquisition transactions. As shareholder representative, the firm manages the entire post-closing process including handling claims by buyers for damages related to breaches of representations or warranties, communicating with escrow agents and other parties to the transaction, and resolving any other matters that may arise following closing.

“With Midwest investors and a Pennsylvania headquarters, the Fast Track transaction shows that the SRS value proposition continues to be embraced in more and more geographic markets,” stated Mark Vogel, Managing Director, SRS. “SRS acts as the professional and independent shareholder rep on behalf of all investors on a shared basis and at a fee that generally has no material impact on any investor’s return from the sale. There’s no longer any reason for an investor or officer to individually bear the burden, costs and risks of being the shareholder rep.”

For more information about Shareholder Representative Services, visit our website at www.shareholderrep.com.

About Shareholder Representative Services
Headquartered in Denver and with offices in Silicon Valley and San Francisco, SRS provides professional shareholder representation services following the closing of an M&A transaction. As shareholder representative, SRS manages the entire post-closing process including the management of escrows, earn-out negotiations, the handling of claims, disputes and litigation, communications with the acquirer, and, ultimately, distribution of escrow funds. By engaging SRS, investors are able to focus on their core competencies – identifying the next deal and managing the rest of their portfolio – rather than being distracted by the administrative burdens and legal and financial risks that may inure to the shareholder representative. The professionals at SRS have the expertise to simplify the post-closing process for the investors and to maximize return of sale proceeds to shareholders.