Wintersteiger Uses Brainloop Secure Dataroom to Optimize Reporting

Wintersteiger AG, a manufacturer of specialist machines based in Austria, is usi

ng the Brainloop Secure Dataroom to share confidential documents with the board
and for financial reporting purposes.
Boston, USA and Ried, Austria, September 14, 2010 -- Wintersteiger AG, a manufac
turer of specialist machines based in Austria, is using the Brainloop Secure Dat
aroom ( http://www.brainloop.com ) to share confidential documents with the boar
d and for financial reporting purposes. The web-based secure collaboration plat
form enables Wintersteiger, a global market leader, to significantly improve pro
cess efficiency as well as the transparency of its information flows.
Wintersteigerâ s 11 subsidiaries now file their confidential reports and contracts in
the secure data room. This is a new procedure for the company and replaces the
methods used previously, which included sending items by postal mail and as non-
secure email attachments. Roland Greul, Wintersteigerâ s CFO, is very satisfied with
the solution: "The Brainloop Secure Dataroom ( http://www.brainloop.com ) is ide
al for us. It has the essential functions for 24/7 secure collaboration around t
he globe. Itâ s also user-friendly and reflects the way information has been processe
d. In addition, staff can update, upload and store reports directly in the data
room, making these processes more efficient."
For Wintersteiger's board communications, two of the Brainloop data roomâ s ( http://
www.brainloop.com ) additional plus points are the audit trail that logs every a
ccess, and the allocation of individual permissions to view, forward or print do
cuments. Like many other companies, Wintersteiger places considerable importance
on regulatory compliance and is now able to set up transparent processes stipul
ating how confidential information should be shared. As a result, the company ca
n provide information about the transfer or location of confidential documents a
t any time.
In 2011 Wintersteiger plans to conduct its acquisitions in the Brainloop Secure
Dataroom, ( http://www.brainloop.com ) and will also use it to report informatio
n to external business partners such as the company's banks.
About Brainloop:
Brainloop, ( http://www.brainloop.com ) with offices in Boston and Munich, is th
e leading supplier of software solutions for high-security document collaboratio
n. Brainloopâ s secure online workspace is a virtual document safe that enables secur
e filing, editing and distribution of highly confidential documents within a sin
gle company, and beyond. All contents are powerfully protected from unauthorized
internal or external access, and all actions within the application are documen
ted by a tamper-proof audit trail. Frequent uses include contract negotiations,
collecting data and compiling quarterly reports, collaboration with external aud
itors and counsel, and any other communication that contains confidential inform
ation.
Brainloop is used internationally by hundreds of renowned companies including BM
W, Deutsche Telekom, Eurocopter, Galileo Industries, Premiere and ThyssenKrupp.
Leading law firms and investment banks use this solution for the complete life c
ycle of M&A transactions. Strategic partners of Brainloop are HP, IZB, Microsoft
and T-Systems Business Services. http://www.brainloop.com
Copyright © 2010, Brainloop Inc. All rights reserved. All trademarks mentioned in
this document are the property of their respective owners.
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Boston, MA
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http://www.brainloop.com