BoardSuite Corp.

BoardSuite Corp.

May 17, 2010 10:18 ET

BoardSuite® Corp. Appoints Chief Operating Officer

TORONTO, ONTARIO--(Marketwire - May 17, 2010) - BoardSuite® Corp. (www.boardsuitecorp.com), the freemium SaSS-based board portal, today announced the appointment of Greg Harper as Chief Operating Officer.

Harper is a seasoned executive with more than 25 years of demonstrated proficiency in investment management, corporate finance, operations and administration. He founded Harles Management, a strategic management company, where he has advised businesses in areas of capital management, revenue growth and profitability. Harper began his career as a Securities Trader at Canada Life followed by a position in Private Placements. Harper then joined Colonia Life and at the time of the sale of the company he held the position of Senior Investment Officer responsible for all areas of investment and portfolio management. Following this Harper was Chief Operating Officer at FRI Corporation primarily responsible for restructuring.

"Greg's command of managing start-ups through growth stages is completely aligned to guiding BoardSuite's going public transaction and business plan," said Oscar A Jofre Jr., Founder, President and CEO of BoardSuite. "He will be responsible for the day-to-day operations of BoardSuite and will provide leadership in M&A activity, short-term and long-range planning and budget development to support strategic business goals."

"The opportunity to develop and execute a business strategy to acquire targeted financial and corporate service providers to integrate to the flagship board portal speaks directly to my area of specialty," said Harper. "Our strategy is growth through acquisition aimed at bringing in mandated and trusted services that will support good corporate governance for our target market of directors, officers and advisors at board managed entities."

BoardSuite announced its going public transaction in April 2010.

About BoardSuite® Corp.

BoardSuite redefined the board portal for small and medium enterprises and not-for-profit organizations by providing a freemium SaSS-based solution to manage real-time access to corporate documents, collaboration tools and a marketplace of business services.

The on-demand board portal empowers directors, officers and advisors to better manage risk, liability and compliance from a single point of entry within a secure, hosted application, resulting in effective and transparent corporate governance.

BoardSuite has received notable recognition within the online industry for its achievements. In July 2009, BoardSuite was selected as one of Canada's leading Web 2.0 pioneers by KPMG and Backbone magazine at the PICK20' Awards, the only national roundup of Canada's up and coming Web 2.0 pioneers who are leading the 2.0 evolution of the Web. And, in August 2009, BoardSuite was named by IDC as one of Canada's Top Cloud Computing Solutions To Watch calling it a disruptive innovation in the board portal industry.

For more information, please visit www.boardsuitecorp.com or engage with BoardSuite through any of the following social networks:

LinkedIn: http://www.linkedin.com/companies/boardsuite-corp

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Facebook: http://facebook.com/boardsuite

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