Global Compliance™ and PrecisionIR Group Announce Strategic Partnership
Public Entities Now Have Opportunity to Engage Investors with Ethics, Compliance, and Communication Focus
RICHMOND, VA – August 23, 2007 – Global Compliance, the premier global ethics and compliance solutions provider, and PrecisionIR Group, a worldwide provider of online investor relations services and web-based communications solutions, today announced a strategic partnership that will enable PrecisionIR to package ethics and compliance solutions with current communications offerings.
PrecisionIR currently delivers a comprehensive investor relations package that attracts and informs corporate investors of public entities worldwide. Existing and potential shareholders require confidence in any corporation in which they invest, and Global Compliance provides a comprehensive and integrated suite of offerings that enable organizations to build and maintain a business culture of integrity, legislative and regulatory adherence, and transparency. This offering, coupled with PrecisionIR’s webcasting, IR websites, interactive annual reports and investor forums, make it a very attractive offer to any corporation looking to do an initial public offering or attract new investor interest.
“We are pleased to be partnering with PrecisionIR since our offerings are a natural complement allowing corporations to successfully manage relationships with their shareholders,” said Nick Ciancio, senior vice president of marketing and business development for Global Compliance.
The combination of experience and expertise from PrecisionIR and Global Compliance provides corporations the opportunity to implement an ethics and compliance program to demonstrate shareholder accountability and then communicate accordingly to maintain investor confidence. A corporate culture of integrity impacts both business performance and public reputation, which both affect shareholder value. Corporations who connect ethics and compliance with investor relations are better prepared to function as public entities.
“Our clients are looking to implement a high standard of corporate governance to provide additional confidence to investors,” said Nancy Christman, vice president of client marketing for PrecisionIR Group. “After reviewing numerous whistleblower solutions, we determined Global Compliance’s offering to be feature-rich, easy to use, and inclusive of the outstanding management reporting that is critical to making a whistleblower reporting solution effective for corporations.”
About Global Compliance
Founded in 1981, Global Compliance provides products and services that create and maintain a business culture of ethical and compliant behavior. Their portfolio includes awareness and education products that reinforce an organization’s values and educate on expected behaviors; information intake services that accommodate the reporting of allegations or incidents; online information management services to manage case investigations and analyze, chart, and report data to executive management; and field evaluation services to evaluate and validate compliance with legislation, regulation, and organizational practices and procedures. Global Compliance currently serves one-half of America’s Fortune 100, one-third of America’s Fortune 1000 corporations and many European- and Asian-based corporations along with major colleges and universities and prominent local, state, and federal government entities.
www.globalcompliance.com
About PrecisionIR Group
PrecisionIR provides online investor relations services and web-based communication solutions to over 3,500 corporations in 13 countries. PrecisionIR’s services include PrecisionIR™ an investor-communication program that enables publicly traded companies to deliver compelling communications to a targeted audience of investors, and Vcall® webcasting and webconferencing technology and event management that enables organizations to create influential online events. Since 1992, PrecisionIR has helped clients improve the effectiveness of their communication with integrated programs that attract interest, present information, and measure impact and results.
www.precisionir.com
www.vcall.com
Media Contact:
Karen Kistenmacher
Global Compliance
(704) 973-0355
karen.kistenmacher@globalcompliance.com
Nancy Christman
PrecisionIR Group
(804) 327-3410
nchristman@precisionir.com
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