TORONTO, August 11, 2010 – BPS Resolver Inc., a recognized leader in governance, risk and compliance (GRC) management in conjunction with The Corporate L.I.F.E Centre International Inc. (CLCI) announces today their partnership now provides a stronger presence within the Middle East.

The launch of this strategic partnership is another highlight achieved in BPS Resolver Inc. and CLCI’s organic growth strategy, with the aim of building presences in geographic markets that represent strong opportunities and help to roll out first-class solutions to clients with language support that serve those markets.
BPS Resolver has a strong local partner operating out of an office in the Al-Falleh Building on Oleya Road in Riyadh, Kingdom of Saudi Arabia. The BPS Resolver Inc. and CLCI representative office comprises a team whose focus is to provide leading edge Enterprise Risk Management and Strategic Planning solutions and comprehensive customer service support to all Arabic speaking clients not only in Saudi Arabia, but also to those clients worldwide.
“This new partnership with CLCI and their team in Saudi Arabia is an exciting development for both our companies,” said Steve Taylor, CEO, BPS Resolver Inc. “We feel that expanding our team and focus with CLCI will provide a much more enhanced Enterprise Risk Management and Strategic Planning to a wide range of companies in the Middle East”.

“We are excited about our strategic partnership with BPS Resolver which will enable us to offer clients in the Middle East a strong local presence for integrating Risk Management with Strategy Execution,” said Mansoor Osmani, President CLCI.

About BPS Resolver Inc.

BPS Resolver products are purchased by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability. We make it simple for companies to effectively mobilize people to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions. We proudly support over 300 top brand companies in over 100 countries. Our approach has generated thousands of happy users, where we are the governance, risk and compliance system of record.

About CLCI

CLCI’s mission is to help their clients transform their businesses into High Performance Organizations™ (HPO). CLCI is a boutique management consulting firm passionate about helping clients achieve strategic performance improvement by implementing performance measurement and management systems.

CLCI’s Integrated Performance Management™ (IPM) methodology is based on the premise that organizations can successfully reach their full potential by transforming into High Performance Organizations. The key to their success is the well-defined and proven methodology, process, tools and facilitation techniques they use.

For further information, please contact:
Elaine Buzma
Marketing Manager, BPS Resolver Inc.
Tel: (416) 622-2299 x 306
E-mail: elaine.buzma@bpsresolver.com

P.O. BOX 89146,
RIYADH 11682
Kingdom of Saudi Arabia
Tel: +966(1)293-2333
Email: info@theclci.com

Toronto – August 10, 2010 – BPS Resolver Inc., a leading Governance, Risk and Compliance software provider, announced a strategic alliance partnership with Spyders Inc. today, to provide the BPS Resolver GRC Suite of software solutions to the Canadian market.

“BPS Resolver’s goal is to provide the most comprehensive Risk Management software solution to companies globally. Through this strategic alliance with Spyders Inc., we are able to utilize their extensive selling, client relationship experience and skills to deliver world class solutions with a focus in the Canadian Market.” said Tricia Kelly, Director, Global Alliances, BPS Resolver Inc. “

Spyders Inc., a Risk Mitigation Solution Integrator, will work with BPS Resolver to promote and implement next generation risk mitigation solutions and services for world class companies.

“Spyders is thrilled to be partnering with BPS Resolver as this will enable Spyders to provide Canadian clients with a comprehensive way in which to manage their risk and control of information and reporting.  We genuinely believe that BPS Resolver offers a strong operational risk management system that has both the enterprise strength and conceptual depth that many Canadian businesses need.”  said Khaled Mansour, President and CEO, Spyders Inc.

About BPS Resolver Inc.

BPS Resolver products are purchased by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability. We make it simple for companies to effectively mobilize people to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions. We proudly support over 300 top brand companies in over 100 countries. Our approach has generated thousands of happy users, where we are the governance, risk and compliance system of record.

About Spyders Inc.

Spyders is a fast-growing provider of premier network and information security services serving clients across a number of industry verticals.  For over 25 years, Spyders’ team has been delivering cost-effective network and IT security services, training and support to help private and public sector businesses gain a competitive advantage in the market place.  Spyders offers a portfolio networking and information security services that include, network optimization, threat and risk assessments, IT risk management, firewall management and monitoring and security incident management.  Organizations of all sizes rely on Spyders to protect their critical assets, mitigate and manage risk and reduce costs.

For further information, please contact:
Elaine Buzma
Marketing Manager, BPS Resolver Inc.
Tel: (416) 622-2299 x 306
E-mail: elaine.buzma@bpsresolver.com

Toronto – July 29, 2010 – BPS Resolver Inc., a leading Governance, Risk and Compliance software provider, announced a partnership with Encore Consulting Services, Inc. that will allow them to supply customers with a complete Governance, Risk and Compliance suite.

“We are very excited to be working with Encore Consulting Services, Inc.,” said Tricia Kelly, Director, Global Alliances, BPS Resolver Inc. “Pulling from the strengths of both companies, this strategic partnership brings a distinctive relationship by combining BPS Resolver’s leading GRC solutions with Encore’s experience within their market space which will generate significant added value for our new and existing customers.”

Encore Consulting Services Inc., a Value Added Reseller (VAR) will work with BPS Resolver to help resell all of its solutions and services. Our mission together is to build a next generation Risk Management partnership that properly integrates risk management into the strategic and daily operations of world class companies. Also, to help customers gain a competitive advantage by better managing their risks to grow faster and eliminate material failure.

“We are looking forward to introducing BPS Resolver and its products to our North American clients to help meet their internal Governance, Risk and Compliance Management (GRC) needs and we are planning to use the product suite in our Business/Management Consulting practice to help formalize our assessment, data-gathering, and risk management activities”, said Stephen Cottini, Director of Sales, Encore Consulting Services, Inc.

About BPS Resolver Inc.

BPS Resolver products are purchased by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability. We make it simple for companies to effectively mobilize people to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions. We proudly support over 300 top brand companies in over 100 countries. Our approach has generated thousands of happy users, where we are the governance, risk and compliance system of record.

About Encore Consulting Services, Inc.

Founded in 2000, Encore Consulting Services, Inc. is a privately-held business and technology consulting company headquartered in Chicago.  Encore delivers technology-enabled solutions in a variety of areas.  Encore’s technical expertise as software architects, developers, business innovators and project managers adds agility, scalability, and value to our clients’ business and IT environments.

For further information, please contact:
Elaine Buzma
Marketing Manager, BPS Resolver Inc.
Tel: (416) 622-2299 x 306
E-mail: elaine.buzma@bpsresolver.com

Toronto – July 22, 2010 – BPS Resolver Inc., a recognized leader in Governance, Risk and Compliance (GRC) Management, announced today the highly anticipated release of their recently enhanced Issues & Actions Tracking (IAT) solution.

BPS Resolver’s IAT solution represents a new step in composing highly configurable defined fields, workflows and reports. IAT enables the identification, allocation, prioritization, sizing, scheduling, additional testing and monitoring of issues and action plans, and uses many features found in BPS Resolver’s BPS Suite to create meaningful relationships between issues/action plans and other risk-based activities. Finally, you have the information and insight you need to locate systemic root causes of risk management failures and to provide the oversight required by senior management.

“BPS Resolver’s IAT is a powerful issues and action tracking system, allowing users to collect and manage issues and action plans across the enterprise as part of an integrated approach to risk management” said Steve Taylor, CEO of BPS Resolver Inc. “What is unique about IAT, is that it has seamless integration capabilities with other BPS Resolver Suite solutions or 3rd party products”

IAT can be used on its own or in conjunction with other solutions in BPS Suite. Auditors can use the software to identify and report audit findings. Compliance officers can identify issues for failed control tests and ensure that there are appropriate follow-up plans. Operational risk managers can use the software to log and track loss events and support regulatory investigations.

BPS Resolver’s GRC Suite of solutions enables businesses to create and maintain a successful, efficient and effective enterprise wide Governance, Risk and Compliance (GRC) program. Companies are recognizing the benefits of productivity and profitability when GRC programs are automated across their enterprise. Through the use of a combination of Resolver*Ballot, Resolver*Net and Resolver*Risk, companies from various industries can have unparalleled success embracing and managing risk at all levels within the organization.

About BPS Resolver Inc.

BPS Resolver solutions are acquired by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability. We make it simple for companies to effectively mobilize people to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions. We proudly support over 300 top brand companies in over 100 countries. Our approach has generated thousands of happy users where we are the governance, risk and compliance system of record.

For further information, please contact:
Elaine Buzma
Marketing Manager, BPS Resolver Inc.
Tel: (416) 622-2299 x 306
E-mail: elaine.buzma@bpsresolver.com
Website: www.bpsresolver.com

BPS Resolver’s Resolver*Risk 5.2 enhances the File Export Capabilities and adds Additional New Benefits

Toronto – July 15, 2010 – BPS Resolver Inc., a recognized leader in Governance, Risk and Compliance (GRC) Management, announced today the release of the highly anticipated enhanced version of its GRC management software, Resolver*Risk. The release of Resolver*Risk 5.2 demonstrates BPS Resolver’s ongoing commitment to product enhancement.

Resolver*Risk now enables users to export file attachments en masse, using a new “Generate Zip File” feature within Hierarchical Reports, enabling the delivery of evidence to external parties such as external auditors or regulators.

In addition, the existing set of functions has been expanded to include a number of logical functions. Functions like IF, CHOOSE and LOOKUP can now be used to create advanced logic in calculations of values in the application.

Other beneficial additions include:
• Ability to easily clear values entered into the application
• Expanded legends available on home page pie charts
• Completion Reminder information now editable by non-admin users
• Role information now optional in Hierarchical Reports
• All newly created test items are Framework Items
• Customers using LDAP integration can now include external users in the application

“With the release of Resolver*Risk 5.2, BPS Resolver is exhibiting a dedication to continually enhance our clients’ risk and compliance management processes,” said Phil Obendorf, VP Product Development, BPS Resolver Inc.

The release includes significant new developments that allow users to complete tasks with great efficiency. “The high degree of usability and innovative reporting capabilities are most often cited as the reason companies choose Resolver*Risk over the competition,” said Steve Taylor, President of BPS Resolver Inc.

About BPS Resolver Inc.

BPS Resolver products are purchased by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability. We make it simple for companies to effectively mobilize people to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions. We proudly support over 300 top brand companies in over 100 countries. Our approach has generated thousands of happy users where we are the governance, risk and compliance system of record.

For further information, please contact:
Elaine Buzma
Marketing Manager, BPS Resolver Inc.
Tel: (416) 622-2299 x 306
E-mail: elaine.buzma@bpsresolver.com
Website: www.bpsresolver.com

TORONTO, May 17, 2010 – BPS Resolver Inc., a recognized leader in governance, risk and compliance (GRC) management announces today a strategic partnership with The Corporate L.I.F.E Centre International Inc. (CLCI) in Enterprise Risk Management and Strategic planning.

 “We are very excited to work with CLCI,” said Steve Taylor, CEO, BPS Resolver. “Teaming up with CLCI to provide Enterprise Risk Management and Strategic Planning to a wide range of companies is an exciting development for our company”.

Over the years CLCI has been highly successful in helping organizations create the strategic direction and translate the strategies into operational terms for execution. They work with the senior leadership team to clarify and validate the strategic direction, implement the appropriate Performance Measurement and Management Systems using the Balanced Scorecards to guide the execution of strategies, and ensure that the right talent is in the right place to execute successfully.                  

“After careful consideration of several GRC Software companies in this field, CLCI has chosen to partner with BPS Resolver Inc. based on their exceptional products and services in the industry, as well as their visionary ability to lead the evolution of strategic risk management solutions venture wide,” said Mansoor Osmani, President CLCI.

“This partnership between BPS Resolver Inc. and CLCI is truly a fusion of two leaders in their field providing leading edge Enterprise Risk Management and Strategic Planning solutions to their clients.” said Steve Taylor, CEO, BPS Resolver Inc.

About CLCI

CLCI’s mission is to help their clients transform their businesses into High Performance Organizations™ (HPO). CLCI is a boutique management consulting firm passionate about helping clients achieve strategic performance improvement by implementing performance measurement and management systems.

CLCI’s Integrated Performance Management™ (IPM) methodology is based on the premise that organizations can successfully reach their full potential by transforming into High Performance Organizations. The key to their success is the well-defined and proven methodology, process, tools and facilitation techniques they use.

About BPS Resolver Inc.

BPS Resolver products are acquired by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability.

We make it simple for companies to effectively mobilize people to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions.

To achieve this, BPS Resolver brings together the best possible technology foundations with the most current industry information and best practice. Since 2002 we have invested over $20 Million in product development and continue to invest a high percentage of our revenues in maintaining and development of leading products.

For further information, please contact:
Elaine Buzma
Marketing Manager, BPS Resolver Inc.
Tel: (416) 622-2299 x 306
E-mail: elaine.buzma@bpsresolver.com

Toronto – May 1, 2010 – BPS Resolver Inc., a recognized leader in Governance, Risk and Compliance (GRC) Management, announced today the release of BPS Resolver GRC Suite 6.2. BPS Resolver GRC Suite leverages the best of the Resolver and BPS Suites to provide their clients with a simple effective application for Risk, Compliance, and Audit. BPS Resolver GRC Suite 6.2 will officially be released to the public May 15, 2010.

BPS Resolver GRC Suite 6.2 represents the first phase of the integration of the BPS and Resolver platforms, allowing customers to begin to leverage the strengths of each in a seamless environment.

BPS Resolver GRC Suite will tailor to all of your organizations current needs. Organizations that are embracing the idea of GRC, often use components of the suite to tackle immediate concerns, knowing that the capabilities exist to grow with the organization.

Many of BPS Resolver’s clients start with just one pressing demand like Vendor Risk Management, Sustainability, IT Governance, or NERC, then transition into ERM, Audit, or Compliance to leverage the natural overlaps.

“With the release of BPS Resolver GRC Suite, BPS Resolver is leading companies into the future of GRC across the organization. BPS Resolver GRC Suite enables all business units to successfully manage risk and controls increasing a company’s productivity and ability to embrace risks while recognizing key opportunities. BPS Resolver GRC Suite truly is where risk meets reward.” — Steve Taylor, CEO of BPS Resolver Inc. 

BPS Resolver is also entering into new and exciting markets, like Medicare Payment Criteria via the CMS PI Warehouse, an exciting new program that helps hospitals avoid costly RAC appeals.

About BPS Resolver Inc.

BPS Resolver products are purchased by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability.

We make it simple for companies to effectively mobilize people to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions.

We proudly support over 300 top brand companies in over 100 countries. Our approach has generated thousands of happy users where we are the governance, risk and compliance system of record. BPS Resolver is the result of a merger between BPS Inc. and Resolver Inc. Both organizations had been working together since 2006. The merger brought together under one roof one of the best teams in the GRC industry as well as complementary products and services.

For further information, please contact:
Elaine Buzma
Marketing Manager, BPS Resolver Inc.
Tel: (416) 622-2299 x 306
E-mail: elaine.buzma@bpsresolver.com

Agreement propels BPS Resolver toward goal of being the leading Subscription Compliance Content Provider in the GRC arena.

Friday, March 26, 2010 – Toronto – BPS Resolver, a leading Governance, Risk and Compliance software provider, announced a partnership with CRSTL that will allow them to supply customers with legal and regulatory content on a subscription basis. 

“We are very excited to be expanding our existing partnership with CRSTL,” said CEO Steve Taylor. “Our goal is to be the only content agnostic supplier in the GRC space.  That means we can provide any legal or regulatory content, from ANY source.” 

The Resolver CEO indicated that, increasingly, clients are looking for more than just assessment, program management and workflow capabilities.  Content needs to be imbedded in the system and updated in a timely and accurate manner.  Content in the BPS Resolver system is translated to ‘business language’ so it is easily understood by non-legal staff inside the company.

Felicia Salomon, President and CEO of CRSTL said, “We see this as a great opportunity to expand our reach in terms of supplying regulatory content to Banks, Credit Unions, Trusts, Insurance Companies and Publicly Listed companies both in Canada and the US.  And with BPS Resolver, we have a proven track record of successful implementations.”

The integrated solution allows companies to both understand the legal and regulatory requirements they face, self assess their level of compliance and report to any internal or third party stakeholders.  While the company intends to build on the list, BPS Resolver is currently providing updated subscription-based content for the following:

·       Privacy, Anti-Money Laundering, Banks, Insurance Companies, Reinsurers, Trust and Loan Companies – Canadian Federal and Provincial requirements, TSX listed Companies, Venture Exchange, Sarbanes Oxley, US Securities requirements, NYSE, NASDAQ and Amex listed Companies.

·       NERC CIP

·       CMS

“As a newly licensed bank in Canada, the combination of CRSTL content and Resolver’s GRC platform allowed us to quickly and efficiently set up a customized tool to effectively manage our compliance and reporting requirements,” said Celia Cuthbertson, Vice President, General Counsel and Corporate Secretary of HomeQ.

About BPS Resolver

BPS Resolver produces products that are purchased by companies that have material exposure to failures in legislative compliance, shareholder assurance and long term sustainability. We make it simple to effectively mobilize people in companies to address these issues proactively and to demonstrate and document these efforts to third parties. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions. To achieve this, BPS Resolver brings together the best possible technology foundations with the most current industry information and best practice. We have invested over $20 Million in product development and continue to invest a high percentage of our revenues in maintaining and development of leading products. We proudly support over 300 top brand companies in over 100 countries. Our approach has generated thousands of happy users where we are the governance, risk and compliance system of record.

About CRSTL

CRSTL Solutions is the leading developer of regulatory compliance workflow solutions for financial institutions and publicly traded companies.  CRSTL’s team of lawyers specializes in creating plain language summaries of all legal, regulatory and procedural requirements impacting a company’s compliance obligations.   We specialize in creating compliance questionnaires, risks and controls suitable for ERM or GRC systems or CRSTL’s own patented compliance workflow solution.  All databases are continuously updated to any changes in the laws or regulations affecting the client. CRSTL has partnered with BPS Resolver to make its complete corporate governance solution available on the Resolver Risk platform.

Announcement represents second major win in New York State for BPS Resolver in recent weeks and extends leadership position in the Utility Vertical.

New York – March 19, 2010 – Mark Opausky, President of BPS Resolver, announced today that it was recently awarded a contract by the New York Power Authority (NYPA), through a competitive bid process, for risk management support services. “NYPA is an ideal customer and partner.  They are the nation’s largest state public electric utility that also runs energy efficiency and clean-energy programs,” said Opausky.

The BPS Resolver software will provide several NYPA business units with a centralized system for facilitating the sharing of risk information, and organizing many elements of risk management reporting and administration.

About NYPA

The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives. It is the nation’s largest state-owned electric utility, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. About 75 percent of the electricity it produces is clean renewable hydropower.  Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.

 For more information, www.nypa.gov.
 

About BPS ResolverBPS Resolver provides hundreds of the world’s best-managed companies with comprehensive solutions addressing Governance Risk and Compliance. Thousands of Professionals in over 100 countries use BPS Resolver to manage their Compliance, Risk assessment and Assurance processes. BPS Resolver products stand alone in their capacity to deliver value to discriminating clients. Our products are flexible, complete and designed to grow with our clients and their communities.