Broadridge Financial Solutions is introducing a mobile version of its ProxyVote platform that will enable shareholders to cast votes using smartphones and tablets.
Broadridge says its online service - which lets street name and registered shareowners, as well as 401(k), ESOP and ESPP participants vote their shares on the Internet - was used for around 20 million proxy votes during the 12 months to June.
However, shareowners that register for electronic delivery of proxy materials and are notified via e-mail, can currently only cast e-votes via their personal computers.
From early 2011, Mobile ProxyVote will enable users to cast their votes via iPhones, iPads, BlackBerrys, and Android handsets.
Robert Schifellite, president, investor communication solutions, Broadridge, says: "Shareholder preference is shifting towards using technology to improve both their access to information and their ability to act upon it. As the market leader in delivering innovation to the proxy system and investor communications, this introduction signals a significant shift forward for shareholders and will increase participation, especially among individual investors."