IntraLinks Global Survey: 90% of Virtual Data Room Users Believe that the Quality of the Solution is Vital to the Success of an M&A Deal and to their Work

New York, May 13, 2010 — IntraLinks, a leading provider of critical information exchange solutions, today announced the results of a global survey that was conducted in March 2010 with more than 200 M&A professionals who have used Virtual Data Room (VDR) solutions for deals. The survey findings show the importance of VDRs during the M&A process, as well as IntraLinks’ superior reputation within the M&A industry.

Significant findings from the survey around the importance of VDRs and how they’re utilized include:

• 90 percent of users believe that the overall quality of a VDR solution is important to help an M&A deal run smoothly and also impacts a company’s ability to do its best work
• 70 percent of users agree with the statement that the “quality of the VDR solution reflects on my firm”
• 75 percent of respondents use VDRs for due diligence on the buy-side during M&A deals, 61 percent use VDRs for due diligence on the sell-side, and 31 percent use VDRs for sell-side pre-deal marketing

The survey also found that three out of four M&A professionals would recommend IntraLinks the next time they require a VDR, compared to less than 50 percent who would recommend a competitor. Respondents noted that IntraLinks accelerates M&A deals because it provides access to the largest community of buyers worldwide, streamlines communications through an enhanced Q&A functionality that reduces the time spent between buyers and sellers, and offers a quicker setup than competitors through powerful tools such as IntraLinks Designer.

“The findings from our survey show how important an effective and efficient VDR is for M&A professionals as they navigate their way through the complexities of a deal,” said Matt Porzio, VP, product marketing, IntraLinks. “IntraLinks’ cloud-based solutions for the M&A process are used by the top 50 financial services companies and top 25 law firms in the world, which is a clear illustration that we’re providing VDRs that meet the needs of the key players. We offer a secure platform that accelerates M&A deals from the beginning to the end of the process, whether it’s deal preparation and setup, enabling multiple interested buyers to conduct due diligence simultaneously, or by easing the post-integration process by having electronic copies of all key company information organized and accessible in one place.”

The survey was conducted online by KS&R Research. Fifty six percent of respondents are currently using a VDR, with the remainder using a VDR in the past 12 months. All respondents had used IntraLinks® VDRs and at least one other provider of VDR solutions for M&A deals.