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All Press Releases for September 21, 2002 Subscribe to this News Feed    
 

New Web Site Launches For Companies Dealing With Corporate Reform Legislation

SecTec LLC announced the launch of BoardStrategies.com, a Web site dedicated to Board of Director and other corporate governance issues. BoardStrategies.com is designed to serve members of Boards of Directors, in-house counsel, management teams and professional advisors of public and private companies and reporters that cover these companies. BoardStrategies.com is the most comprehensive free Web site dedicated solely to Board and corporate governance issues.

Research Triangle Park, NC - SecTec LLC announced the launch of BoardStrategies.com, a Web site dedicated to Board of Director and other corporate governance issues. BoardStrategies.com is designed to serve members of Boards of Directors, in-house counsel, management teams and professional advisors of public and private companies and reporters that cover these companies. BoardStrategies.com is the most comprehensive free Web site dedicated solely to Board and corporate governance issues.

Users of BoardStrategies.com can without charge:

· Participate in a national survey about Board related practices
· Recruit members for your Board of Directors
· Offer to serve on Boards of Directors
· Locate expert witnesses for Board related litigation and disputes
· Ask questions about Board issues and receive answers from Advisory Board members who are Directors, investors, investment bankers, attorneys, accountants and other professionals
· Be referred to professional advisors for Board and other corporate governance issues
· Analyze the effect of corporate scandals on stock prices
· Compare stock price performance to insider trading volume for the 25 companies with the largest amount of insider trading

The 1990s were the decade of doing deals fast. The first decade of this century is about doing it right," said founder, Jim Verdonik. BoardStrategies.com is my contribution to that effort."

Until Enron, WorldCom and other meltdowns, corporate governance issues were considered pretty boring by the media and the public. Now, corporate governance is at the top of everyones list," Verdonik said. Now that stocks have crashed, companies are vanishing and people are facing jail time, theres a sense of urgency."

What happens after the headlines about corporate scandals and reforms fade is what will be most important. It will take a major effort by companies to implement the reforms without interfering with the teamwork required to remain competitive in global markets," Verdonik said. Companies are going to have to rethink how they make decisions and distribute information internally and externally. The trick will be to assure compliance with reforms doesnt cause so much internal distrust or gridlock that the business suffers. My mission is to assist in this process."

BoardStrategies.com provides a wide range of articles, links to other Web sites, and other resources relating to Boards of Directors and corporate governance issues, including in-depth information about Board Committees, D&O insurance, fairness opinions, securities law compliance by Directors, the Boards role in M&A transactions, audit committee issues, independence and conflict issues and shareholder litigation proposals and proxy contests.

BoardStrategies.com is the perfect starting point for any research about Board or corporate governance issues, including about the new Sarbanes-Oxley Act and stock exchange corporate governance rules, which are changing the ways management, Directors and professional advisers to interact with one another.

BoardStrategies.coms initial sponsors include, Deloitte & Touche, Kilpatrick Stockton LLP, and the Research Triangle Chapter of the National Association of Corporate Directors, AmericaPR and Fortune Personnel Consultants.

Smart Online, Inc., which developed the Board Strategies.com website for SecTec, offers business productivity applications that are integrated into companies such as Bank One, The Banknorth Group, The Company Corporation, Cable & Wireless, etc. For more information, visit www.smartonline.com.

About SecTec LLC:
SecTec LLC, which owns and operates BoardStrategies.com, was founded by Jim Verdonik, a partner with Kilpatrick Stockton, to create and distribute information about business and legal issues. SecTecs other products include The ABCs of Growth Companies, a course book used in university courses about growth companies, a monthly column published in The Business Journal, and A Tale of Two Boards, an educational CD about Board related issues distributed by the National Association of Corporate Directors.

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Jim Verdonik
Board Strategies
919-420-1777
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