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CARY, N.C., Jan.

12, 2010 (GLOBE NEWSWIRE) -- Issuer Direct Corporation (OTCBB:I


SDR - News), a market innovator of regulatory solutions to compliance professio
nals, today announced the release of iFund Direct, a Mutual Fund prospectus buil
der and print-on-demand fulfillment solution.
Issuer Direct's industry leading portal technology, previously only available to
issuers and compliance professionals, is now available to Mutual Funds and Fund
Administrators under the iFund Direct brand. Typically Mutual Funds have been b
urdened with taking on many of the tasks that regulatory laws inherently require
of them, such as internet availability, Print-on-Demand and costly Fulfillment
-- all while trying to stay compliant and meet shareholder demands.
iFund Direct's key features afford all Mutual Funds/Fund Administrators the foll
owing:

-- Comprehensive summary prospectus solution


-- QuickView proprietary 2 click technology -- our unique two click
SEC rule viewer that gives shareholders the ability to point,
click and view prospectuses and annual reports in seconds.
-- Timely fulfillment within seconds via email or postal mail in
2-3 days.
-- Print-on-Demand, full service digital and press operations,
servicing virtually all booklet and summary requests as needed.
-- Custom branded portal, each Fund will have a custom iFund portal
and unique QuickView links as well as a Fund search database for
shareholders to search and compare Funds.
-- Online Setup and real time management is available via a secure
login interface to change, update and modify Mutual Fund
information, materials and delivery options.
-- Administrator control panel, to query, generate or search
shareholders that have requested, registered or downloaded
materials.
-- A web driven request portal for shareholders to obtain materials
with the click of a mouse in three different ways -- online, email
and our Print-on-Demand fulfillment facility.
Our portal delivery system enables Mutual Funds to move regulatory filings into
real-time production and internet availability via an intuitive secure web inter
face. Mutual Fund managers can upload, configure and distribute annual reports,
semi-annual reports, prospectuses, and additional information to constituents in
seconds. Additionally, Mutual Funds will have the option to add e-Notify servic
es to broadcast updates, regulatory filing alerts and e-consent notices.
iFund Direct is part of the Issuer Direct family, where our commitment to delive
ring best of breed technologies that drive compliance and regulatory efficiencie
s, is our vision.
More about the final prospectus rule:
On January 26, 2009 the Securities and Exchange Commission passed its final rule
that would require open-end Mutual Funds to summarize their prospectuses in a s
tandardized format (plain English). This standard format is called the 'Summary
Prospectus' that will replace the current risk return summaries. This Summary ca
n be distributed in combination with the statutory prospectus and needs to be ma
de available via the internet and in paper. You can read more Final Summary Pros
pectus Rule.
About Issuer Direct Corporation:
Issuer Direct Corporation ("IDC") is a market leader and innovator of unified re
gulatory solutions for compliance professionals. As a regulatory compliance focu
sed company, Issuer Direct alleviates the complexity of maintaining compliance t
hrough integrated products and services that help companies produce and distribu
te their financial and business communications both online and in print.
The Issuer Direct logo is available at http://www.globenewswire.com/newsroom/prs
/?pkgid=4547
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of S
ection 27A of the Securities Act of 1933, as amended, and Section 21E of the Sec
urities Exchange Act of 1934, as amended (the "Exchange Act") (which Sections we
re adopted as part of the Private Securities Litigation Reform Act of 1995). Sta
tements preceded by, followed by or that otherwise include the words "believe,"
"anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "o
utlook," and similar words or expressions, or future or conditional verbs such a
s "will," "should," "would," "may," and "could" are generally forward-looking in
nature and not historical facts. These forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause our actual r
esults, performance or achievements to be materially different from any anticipa
ted results, performance or achievements. We disclaim any intention to, and unde
rtake no obligation to, revise any forward-looking statements, whether as a resu
lt of new information, a future event, or otherwise. For additional risks and un
certainties that could impact our forward-looking statements, please see the Com
pany's Annual Report on Form 10-K for the year ended December 31, 2008, includin
g but not limited to the discussion under "Risk Factors" therein, filed with the
SEC, which you may view at www.sec.gov.

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