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All Press Releases for August 24, 2007 Subscribe to this News Feed    
 

Resolver Continues Strong Momentum With Record First-Half Performance and Extends GRC Offering into NERC and PCI Compliance Arenas

Resolver Inc., a recognized leader in governance, risk and compliance, announced their exceptional performance in the first half of 2007 and a positive forecast for the second half. The first half growth consisting of 40 new clients includes a number of large cap or government new clients who are using Resolver software to tackle a variety of GRC areas including NERC, ERM, Fraud Risk Assessment, Sarbanes-Oxley, Bill 198, Risk Assessment and Audit. Resolver also signed a significant number of small and medium cap companies as well. With the imminent new version release of each of the Resolver applications, Resolver*Risk, Resolver*Ballot and Resolver*Net, the future is bright for Resolver.

Toronto, ON (PRWEB) August 24, 2007 -- Resolver Inc., a recognized leader in governance, risk and compliance (GRC) announced their exceptional performance in the first half of 2007 and a positive forecast for the second half.

"Resolver Inc.'s extraordinary first half performance is a direct result of our strong and unique product offering. We have also added new sales people, added new channel partners and we expect an even stronger second half of 2007," said Andy Amalfitano, Vice President, Sales and Marketing, Resolver Inc.

Resolver Inc. continues to drive forward following their record breaking Q1, with the client base continuing to grow larger each quarter. With this half's results Resolver is laying the foundation for a year of increased revenue and profitability.

The first half growth consisting of over 40 new clients includes a number of large cap or government new clients who are using Resolver software to tackle a variety of GRC areas such as ERM, Fraud Risk Assessment, Sarbanes-Oxley, Bill 198, Risk Assessment and Audit. Resolver also signed a significant number of small and medium cap companies that are utilizing the Resolver solutions for SOx and Bill 198. With the imminent new version release of each of the Resolver applications, Resolver*Risk, Resolver*Ballot, and Resolver*Net, the future is bright for Resolver.

"Overall we are enjoying fantastic momentum in the market. We have now established ourselves in the Utility vertical with several new clients focusing on NERC compliance solutions and we have made strides into the PCI market. We are also seeing an increasing number of our customers starting broader GRC implementations. That is, more groups are coming to the table looking to leverage our application." said Steve Taylor, CEO, Resolver Inc.

Resolver's growing reputation as the provider of high quality products and services in the GRC software industry has lead to companies seeking Resolver out as a reliable, flexible and sustainable GRC solution.

About Resolver Inc.
Resolver Inc. provides a comprehensive suite of software and services for risk managers, internal auditors, compliance managers and strategic planners. Its products include Resolver*Risk, Governance, Risk and Compliance software; Resolver*Ballot, a risk and control self-assessment system; and Resolver*Net, an Internet-based platform for enterprise risk assessments. Resolver also provides facilitation, training, and consulting services in the areas of risk management, corporate governance, and regulatory needs. In business since 1994, Resolver's clients span all fields, including financial services, utilities, government, education, natural resources, consumer goods, and manufacturing with a client base that includes Wal-Mart, Coca-Cola, Sony, TD Bank Financial Group, Desjardins, Sobeys and Interbrew.

For further information, please contact:

Steve Taylor
CEO, Resolver Inc.
Tel: (416) 929-2605 x 236
E-mail: Steve.Taylor(at)resolver.ca
Website: www.resolver.ca

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CONTACT INFORMATION
Angela Lappan
Resolver Inc.
416-929-2605 313
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