Resolver Celebrates Record Breaking First Quarter

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Clients signed in several major industries including Telco, mining and Government

Through continuous in-depth market research and high level client relationship management, Resolver provides clients with the best user experience in the industry.

Resolver Inc., recognized leader in governance, risk and compliance (GRC) announced a record breaking first quarter for 2008. Resolver's growth has sustained the momentum experienced in the previous year.

"Resolver Inc. has sustained healthy growth since our inception. Having celebrated our 6th Anniversary in March, with this level of success is a tremendous example of the strength of Resolver in this industry. We are also proud of the fact that we have never received any Venture Capital funding. Few software companies achieve this type of success organically," said Steve Taylor, President, Resolver Inc.

Sales across the board have expanded in industries such as mining, healthcare, Government, and telecommunications. Along with new clients, existing clients are realizing the return on investment they can experience through the versatility of the Resolver suite of solutions. Many existing clients are expanding their use of Resolver applications beyond their initial programs.

Resolver's global presence continues to expand through key partnerships being established in Europe and the Middle East, while the Resolver partnership team continues to work closely with existing partners in close to 10 countries.

"Our partnerships extend our ability to deliver the quality of client service that our customers have come to expect from Resolver. We are also proud to have lowered our carbon footprint by reducing the amount of travel necessary for delivering a local solution to our clients. We continue to seek partners with a solid track record and a wide-ranging expertise in providing services to compliment our applications. Our partnerships further enhance our global leadership position in the Governance, Risks and Compliance industry." said Denzil Solomon, Director, Global Alliances, Resolver Inc.

Resolver announced exciting news for Q2 with the new release of their three top performing products, Resolver*Risk 4.1, Resolver*Ballot 6.0 and Resolver*Net 2.0. This demonstrates the Resolver product philosophy, which is rooted in providing continuous enhancements to the customer through upgrades.

"Through continuous in-depth market research and high level client relationship management, Resolver provides clients with the best user experience in the industry." said Richard Wilson, Executive Vice President, Resolver Inc.

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:
Angela Lappan
Marketing Manager, Resolver Inc.
Tel: (416) 929-2605 x 313


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Angela Lappan
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