iDeals Virtual Data Room to Offer Free Use of its Platform

Groundbreaking Offer Invites M&A Professionals and Enterprises Worldwide to Explore Full Benefits of an iDeals Virtual Data Room and Use it for 2 Months Free of Charge. End Quote

New York, NY (1888PressRelease) September 24, 2015 - iDeals Solutions, a leading global provider of virtual data rooms (VDR) and secure content sharing platform, announced that for a limited time it will be offering its iDeals Virtual Data Room software for free during 60 days.

With this full-feature, no-obligation offer new iDeals clients worldwide can experience the power and simplicity of the industry- leading data room service. The offer which is currently available at idealsvdr.com includes:
• 60-day unlimited usage
• Unlimited projects
• Unlimited users
• Unlimited data storage
• Unlimited access to all virtual data room features
• Live 1-on-1 demo and training with an expert
• Complete data room setup and custom branding
• No strings attached: this free plan can be upgraded or cancelled anytime

With this groundbreaking offer iDeals allows M&A professionals and global enterprises access the benefits of using a virtual data room for projects that require high levels of security.

When virtual data rooms (VDRs) first appeared on the business landscape about a decade ago, they quickly became the favorite tool for M&A due diligence surpassing physical data repositories. During the last few years, cross-border mergers and acquisitions were at their hottest pace since before the financial crisis. In fact, M&A volume was $1.10 trillion in 2014, up from $775.3 billion in 2013 and the highest since 2008, according to Acquisitions International magazine. In fact, another research confirms that private equity investment firms forecast very high deal activity in 2015, up from 89 percent a year earlier .

In most M&A deals, the seller faces the burden of collecting and distributing critical documents while ensuring that such information is delivered in compliance with security requirements, privacy regulations and other practices for handling highly sensitive corporate information. All of these factors put significant pressure on the seller's workflow and tools for sharing deal-related documents. The risk of sensitive data loss and downtime is high, especially when the seller uses an outdated or insecure low-cost or free file sharing solution.

Yet the problem with most high-end data room vendors is the lack of an option to promptly deploy the data room and start using it without going through the process of the contract and terms negotiation with the vendor which may take a week or even more. In many cases the due-diligence process needs to be started as soon as possible and such delays are not acceptable. Also it's a quite common situation that it may be hard to estimate the exact volume of documents before the bidders will start actively review the information and send requests for additional document submission. This leads to unpredictable charges and additional communications with the vendor about discounts which may further obstruct the deal process.

Also from iDeals perspective, a typical 14-day or even 30-day trial is simply too short to allow the seller to understand if the deal will move forward.

"We have analyzed our customers experience over the past seven years and realized that around 35% of M&A deals that approached the due-diligence stage and deployed the data room were postponed or broken during the first two months and didn't go any further," explained Dan Mesh, VP of Sales at iDeals, "With our 60-day free offer, dealmakers can open a high-quality virtual data room, upload and share their documents with bidders while keeping full control. There are no obligations. If the deal doesn't go through for any reason - for example, bidders lose interest - the data room can be closed without incurring any financial losses. At the same time all parties will enjoy a peace of mind knowing that their sensitive data was handled securely. Also if they decide to reopen the data room, their information will be kept ready for access."

iDeals Virtual Data Room is a powerful data sharing solution used by more than 4,000 companies worldwide, including many Fortune 1000 companies. This success is based on a continuous innovation approach, including constant R&D efforts, powerful cloud infrastructure, and instantly available customer services. With iDeals' advanced document sharing technology and shatterproof security, dealmakers and information professionals worldwide can fully comply with due diligence requirements, and at the same time establish effective communication with prospective buyers by offering them easy-to-use tools to review their documents.

"iDeals Virtual Data Rooms are historically mainly used by top investment banks and large enterprises to securely share files where there are multiple people tackling complex, regulated, information-intensive processes for mergers and acquisitions, capital raising, large-scale real estate transactions, and life sciences licensing or clinical trials. Most often such companies have corporate-level subscription for our services so they can deploy new data rooms for their projects at any time," says Micael Granberg, Chief Marketing Officer at iDeals, "By offering a free access to our premium virtual data room platform for 60-day period, we help more M&A teams from business of different industries and size to explore how they can benefit from the use of the latest data room technologies."

The 60-day free access and use of the iDeals Virtual Data Room will allow users to experience the full benefits of the platform including:
• Easy-to-use features for secure collaboration both within and beyond the firewall
• Robust security which is audited for ISO 27001 and SOC 2 compliance
• Industry-leading 99.95% uptime level
• 2-step authentication using password and unique code delivered through text message
• Sophisticated eight-level document permissions system
• Real-time audit trails and graphic activity reports
• Comprehensive document protection with dynamic watermarking, "Fence- View" protected mode and digital rights management
• Secure viewing and editing of spreadsheets
• Intuitive user interface in nine languages
• Mobile applications and support of any devices
• Advanced Q&A communication tools
• Unlimited 24/7 support

The free 60-day offering includes the same set of options available in the paid subscription. There are no major caveats, though: You will not be capped for number of users, projects, or data usage. There's no commitment, either - you can extend or cancel your subscription at any time.

"This offer is really exciting for iDeals as it boosts the paradigm shift occurring in the market - where M&A professionals are demanding more and more efficient data management tools for their daily, while we help streamline the deals and create more value with less time and money investment," said Dan Mesh.

Terms and Availability
The free offer of iDeals Virtual Data Room is available to new clients worldwide. The offer includes unlimited projects, unlimited users, unlimited usage of cloud data storage as well as all platform features and enterprise-grade security for 60 days. Click here for more information.

About iDeals Solutions
iDeals Solutions S.A. is a leading global provider of secure enterprise content sharing solutions since 2008. With a track record of supporting information-sensitive corporate finance transactions valued at more than $100 billion dollars in more than 30 countries worldwide, iDeals is a trusted provider of enterprise cloud-based secure document management solutions to the investment, legal and life sciences sectors.

For more information please visit www.idealsvdr.com

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