SOURCE: Allegiance, Inc.

October 12, 2006 18:23 ET

/ CORRECTION - Allegiance, Inc.

SALT LAKE CITY, UT -- (MARKET WIRE) -- October 12, 2006 -- In the news release, "Allegiance and Thomson Financial Partner to Deliver Advanced Corporate Governance Reporting Solution," issued Wednesday, October 11, 2006, by Allegiance, Inc. and The Thomson Corporation (NYSE: TOC) (TSX: TOC), we are advised by the company that the second sentence of the first paragraph should read "Thomson will integrate the Allegiance SilentWhistle technology into its Corporate Governance Reporting Solution, which allows employees, customers, shareholders and other stakeholders to anonymously and confidentially report unethical and illegal behavior" rather than "Thomson will integrate the Allegiance technology into its Corporate Governance Reporting Solution, which allows employees, customers, shareholders and other stakeholders to anonymously and confidentially report unethical and illegal behavior" as originally issued. Complete corrected text follows.

Allegiance and Thomson Financial Partner to Deliver Advanced Corporate Governance Reporting Solution

Partnership Integrates the Allegiance Web and Phone-Based Ethics Reporting and Whistleblower Solution, SilentWhistle, Into Thomson Product Suite

SALT LAKE CITY, UT -- October 11, 2006 -- Allegiance, Inc., the premier provider of enterprise feedback management solutions, and Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC) (TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, have partnered to deliver enhanced ethics hotline and whistleblower services to Thomson's Corporate Governance customers. Thomson will integrate the Allegiance SilentWhistle technology into its Corporate Governance Reporting Solution, which allows employees, customers, shareholders and other stakeholders to anonymously and confidentially report unethical and illegal behavior.

Ethics and whistleblower services have become increasingly important to organizations as a result of recent corporate scandals and the passage of the Sarbanes-Oxley Act (SOX). Section 301 of SOX requires that organizations establish procedures for receiving accounting or auditing complaints from employees in a confidential manner. These feedback forums have expanded to allow virtually any interested stakeholder within or outside the organization to communicate with corporate management in a convenient and confidential manner.

With the help of Allegiance advanced technology, organizations have the means to capture, manage, analyze and respond to feedback from a variety of sources. Once information is captured via the Web or on the phone, it is categorized and then routed to the appropriate manager or board member responsible, and if necessary, for responding in a timely and appropriate manner. The Web-based system can be managed from a single location and accessed from virtually any computer with Internet access. The phone hotline is available worldwide, 24 hours a day, seven days a week and is capable of handling more than 150 languages.

"We are pleased to be working with Thomson Financial in an effort to help strengthen the company's governance and compliance offerings," said Adam Edmunds, president and chief executive officer of Allegiance. "Our SilentWhistle technology has proven to be an effective way for companies to capture valuable feedback from their constituents, deter and react to inappropriate behavior and meet the government regulations established through Sarbanes-Oxley."

"Allegiance provides a complete hotline and ethics reporting system that allows our customers to mitigate risk, protect anonymity, and fulfill SOX 301 requirements while providing a safe communication channel for all employees," said David Bairstow, vice president for product development, Thomson Financial. "Our Governance Reporting Solution is an integral piece of our overall corporate governance and compliance suite. We want our financial community customers to have the best tools available to them, and we feel that with Allegiance, we now have the best solution that truly complements our entire offering."

Thomson Financial's Corporate Governance Reporting Solution is part of the company's tools for online corporate governance disclosure. Stakeholders will be able to access the service through their organization's investor relations Web site or Intranet.

About Thomson Financial

Thomson Financial is a US$1.9 billion provider of information and technology solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation (www.thomson.com), a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate e-learning and assessment, scientific research and healthcare. With revenues of US$8.4 billion, The Thomson Corporation lists its common shares on the New York and Toronto stock exchanges (NYSE: TOC) (TSX: TOC).

About Allegiance, Inc.

Allegiance is a leading provider of enterprise feedback management solutions. The company's Active Listening System is a suite of centrally managed feedback tools proven to help organizations capture, manage, analyze and respond to real-time feedback from multiple sources, ultimately impacting growth, profits and lasting value. The suite includes EmployeeVoice, CustomerVoice and PartnerVoice, advanced Web-based feedback solutions proven to help organizations better understand and react to the needs of employees, customers and partners; and SilentWhistle, an anonymous ethics reporting and whistle-blower solution proven to mitigate risk and fulfill compliance to Sarbanes-Oxley section 301. The Allegiance solutions help establish an ethical culture, build loyal relationships, and make more informed business decisions. For more information, please visit http://www.allegiance.com.

Contact Information

  • Company Contact:
    Allegiance, Inc.
    Russ Losee
    VP of Marketing
    (801) 617-8000
    Email Contact

    Allegiance PR Contact:
    Kevin Wilson
    (513) 898-1008
    Email Contact

    Thomson Financial Contact:
    Sally Cates
    Head of External Communications
    646-822-2076
    Email Contact