February 6, 2017
Ian Warner

Aprio reports record growth and expansion to US credit union market as boards adopt digital governance

VANCOUVER – February 7, 2017 – Aprio Inc., Canada’s most trusted provider of board portal software, today announces record financial growth for 2016, and expansion into the U.S. credit union market with a presence now in four states. The growth comes as Gartner and other analysts report board portal software usage has gone mainstream with the majority of boards now using technology to provide efficient access and data security for board information.

Record Growth
Aprio reports strong year over year growth with 2016 revenues. Aprio remained the preferred choice for Canadian credit unions and crown corporations, and achieved exceptional growth among U.S. financial institutions, crown agencies and First Nations organizations during the year.

Ian Warner, President and CEO at Aprio, says, “We’re pleased with the results and the preferred reputation we’ve achieved with financial institutions across North America, and crown corporations accountable to transparency and efficiency in their use of public funds. With feature-rich and affordable board portal software, we continue to be strongly positioned for growth, making good governance simple and affordable for all organizations.”

U.S. Expansion and Customer Success
Aprio has expanded into the United States and is proud to now be serving U.S. credit unions including PointWest, Hawaii State, Vystar, Kitsap and VA Desert Pacific. Further growth into the U.S. financial market is a core goal for 2017 with Aprio actively participating in U.S. credit union industry events throughout the year. “Growth in a new market requires both listening intensely to customers’ unique needs and offering a product with great fit. We’re excited to see strong early demand and look forward to learning more about the needs of financial institutions in the U.S. in the coming year.”

Alongside Aprio’s growth, the Company has maintained its customer loyalty of 95%. Aprio continues to differentiate itself in the market with unlimited support and exceptional training.

Product innovation
Also in 2016, Aprio launched its Windows Surface application. Aprio gives free choice to board members to use Aprio through any web browser or on Windows, Android or Apple tablets – all for one inclusive price. As Gartner publicized in its Market Guide for Board Portals, “Board portals are increasingly offering the security and control features that were once the exclusive domain of the most expensive.” Aprio continues to match the leading features of premium-priced board portals including annotation, surveys, convenient drag and drop features for administrators, and director expense tracking but makes the technology simple to use and highly affordable.

About Aprio Inc.
Aprio makes good governance simple and affordable for organizations of any size. Our board portal, Aprio Boardroom is chosen by financial institutions, crown corporations, First Nations, non-profits and public companies to achieve transparent communication, efficient decisions and well-run board meetings. With all board information, scheduling, collaboration and decision tracking in Aprio Boardroom, the work of organizing meetings, and engaging and keeping directors up to date becomes easier, and far more secure. Founded in 2003, Aprio is proud of our reputation for the best customer experience in our industry. Visit www.aprio.net to learn more.

For more information, contact:
Ian Warner
President & CEO
Aprio Inc.
Phone: 604.626.5152

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