SOURCE: Allegiance, Inc.

May 03, 2006 09:30 ET

Allegiance Experiencing Strong Demand for Whistleblower Solution

SilentWhistle Helping Public and Private Organizations Reduce Risk and Comply With Industry Regulations

SALT LAKE CITY, UT -- (MARKET WIRE) -- May 3, 2006 -- Allegiance, Inc., the premier provider of enterprise feedback management solutions, today reports strong demand for the company's SilentWhistle solution, which provides employees, customers and partners with an anonymous forum for reporting unethical or illegal behavior. Companies that have recently adopted SilentWhistle as their whistleblower solution include Castle & Cooke, FranklinCovey and Morinda. SilentWhistle is one component of the Allegiance Active Listening System, a suite of six unique Web and phone-based enterprise feedback management tools. (To learn more about the Allegiance Active Listening System, visit www.allegiance.com)

"Many of our customers are among the most recognized names in their respective industries, and we appreciate their trust in our SilentWhistle solution to protect their organizations from illegal, suspicious, or other questionable activities," said Adam Edmunds, president and chief executive officer of Allegiance. "Our whistleblower hotline also helps organizations to comply with the internal control mandates outlined in Sarbanes-Oxley Act section 301 by creating a safe and non-threatening channel for communicating concerns and alerts. SilentWhistle also reduces risks, facilitates problem resolution and enhances company trust and integrity."

Building a strong ethical culture and adhering to regulatory compliance have become critical elements for both public and private companies alike. With occupational fraud on the rise, companies have become more mindful of protecting corporate assets and key stakeholders at every level. SilentWhistle helps FranklinCovey adhere to SOX whistleblower provisions, which require publicly traded companies to implement procedures for the receipt, retention, and treatment of complaints related to accounting and auditing matters.

"It is critical for organizations to have an open line of communication for employees to ask questions and report concerns," added Edmunds. "Our system was designed by fraud experts with the intent to capture specific reporting details in a non-intimidating, easy-to-use format. These details are then rolled up into a comprehensive case management console where administrators can review, track, resolve and run reports on all alerts in the system. As a result, we are confident that employees and customers will be more comfortable using our enterprise feedback management system than traditional open-ended tools with limited functionality."

The SilentWhistle service is available 24/7 worldwide and is capable of handling more than 150 languages in complete anonymity giving users a broader set of functionality for gathering feedback and responding and resolving issues. Collecting feedback from a variety of sources helps management to better understand what is going on in the company and in the field, so they can make more informed, appropriate business decisions that will directly impact corporate culture, employee morale, and the way companies work with their customers and partners.

"Reporting internal problems has not always been an easy thing to do for many employees who fear possible repercussions or retaliation," added Edmunds. "While many companies feel that their internal feedback systems work, oftentimes employees and customers do not trust the systems, which results in very little feedback. SilentWhistle is a third-party, objective solution that people and organizations such as Castle & Cooke, FranklinCovey and Morinda truly trust, and that provides a firm backbone for uniform ethics policy enforcement."

SilentWhistle allows companies to:

--  Mitigate risk by discovering problems early;
--  Provide a safe communications channel for any level employee;
--  Protect anonymity through a third-party system;
--  Fulfill Sarbanes-Oxley 301 whistleblower hotline requirement; and
--  Support the organization's core values and best practices.
    
About Allegiance

Created in response to the growing legal, ethical, and competitive demands of the market, Allegiance has quickly become the premier industry provider of advanced web and phone-based enterprise feedback management solutions. The Active Listening System consists of a suite of six online tools that answer specific company needs. Used independently or together, Allegiance solutions are proven to help organizations build customer and employee retention, enhance financial performance, and establish an ethical culture. For more information, please visit http://www.allegiance.com.

Contact Information

  • Company Contact:
    Allegiance, Inc.
    Greg Heaps
    VP Sales & Marketing
    (801) 302-9041
    Email Contact

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