Resolver Inc. Sustained Continuous Momentum throughout 2007 Translating to a Bright Forecast for 2008

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Resolver Inc., experienced strong momentum throughout 2007 leading to a positive forecast for 2008. Denzil Solomon has been added to the Resolver Inc. management team as Director, Global Strategic Alliances expanding Resolver's global presence.

We are pleased to work with Market leaders to provide a combination of the necessary insights, experiences and competencies to existing and new clients.

Resolver Inc., a recognized leader in governance, risk and compliance (GRC) announced the momentum experienced in the early part of 2007 continued to grow throughout the second half of 2007 leading to a positive forecast for 2008.

"Resolver Inc. continued to gain momentum from our record breaking first half which lead to strong sales in Q3 and Q4. There has been an increase in sales in specific industry sectors such as Utilities (NERC) and Retail (PCI) as more companies become aware of the return on investment (ROI) in automating these programs," said Andy Amalfitano, Vice President, Sales and Marketing, Resolver Inc.

Along with strong sales, in the utilities industry, The Resolver sales team has been busy with an increased number of sales of Resolver software for the Audit sector as well. With over 10,000 risk professionals using Resolver suite of GRC solutions globally and the number growing daily, it us evident that many companies are discovering the flexibility of the Resolver software products enabling them to run GRC initiatives across the enterprise. Many existing clients are expanding their use of Resolver applications beyond their initial programs.

"Resolver experienced steady growth in 2007. We are finding that more and more of our clients are requesting the flexibility of the Resolver software applications to address GRC across their enterprise. This combined with our strong strategic partnerships; the forecast for 2008 is looking great. "said Steve Taylor, CEO, Resolver Inc.

Resolver expanded the management team in 2007 to include Denzil Solomon as Director of Global Alliances. The partnerships that Denzil has cultivated have increased the scope of Resolver's expertise in several areas including, North American Electric Reliability Corporation (NERC), Payment Card Industry (PCI) and Legislative Compliance Management (LCM).

"Through strong strategic alliances, Resolver Inc. is establishing itself among the leaders of GRC across all major industries such as Oil and Gas Utilities, Financial services and more. With the continued growth of our global partnerships, we are excited that our objective to expand our presence globally in 2008 will be achieved." said Denzil Solomon, Director of Global Alliances, Resolver Inc. "We are pleased to work with Market leaders to provide a combination of the necessary insights, experiences and competencies to existing and new clients."

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 Cardinal Healthcare, EnCana, Philips, Yamana Gold Inc., TD Bank Financial Group, Goodrich, Domtar and Interbrew.

For further information, please contact:

Andy Amalfitano
VP Sales & Marketing, Resolver Inc.
Tel: (416) 929-2605 x 315


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