BPS Resolver Inc.

BPS Resolver Inc.
S&T
VIENNA : SNT

S&T

November 15, 2010 09:02 ET

BPS Resolver and S&T Announce Strategic Partnership

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2010) - BPS Resolver and S&T (VIENNA:SNT) have entered a strategic partnership. S&T as a platinum partner will, in cooperation with BPS Resolver, provide innovative integrated solutions for Enterprise Governance, Risk Management, Compliance, Audit, Process Performance Measurement and Controlling to large clients in Eastern Europe and the German-speaking region (Germany, Austria and Switzerland).

Joint efforts of the two leading companies will be focused on meeting growing needs of customers in financial, telecommunication and energy industries.

"S&T is strengthening its leading regional business solution provider position by helping enterprises in pursuing future consolidation and integration of a diverse set of governance, risk and compliance activities and solving existing issues by using cutting edge knowledge and technologies", comments Peter Trawnicek, Member of the Management Board at S&T.

"BPS Resolver's goal is to provide the most comprehensive EGRC software solutions to organizations globally. While expanding our geographical presence into the European market, this strategic alliance with S&T will allow us to utilize their extensive international client relationship experience and skills to deliver world class solutions", said Tricia Kelly, Director Global Alliances, BPS Resolver Inc.

About BPS Resolver – www.bpsresolver.com

Over the past 10 years, BPS Resolver Inc.'s GRC Suite of software solutions has provided organizations with Governance, Risk and Compliance solutions that create efficiencies and simplify results. We make it simple for companies to effectively mobilize people to address Business, Risk and Compliance issues proactively and to demonstrate and document these efforts to internal and external stakeholders. BPS Resolver adds value by replacing informal, unreliable, expensive or inflexible systems with easy to adopt and easy to use solutions. Our software solutions proudly support over 300 top brand companies in over 100 countries where we provide expert systems to ensure that boards and executives meet their oversight and assurance goals.

About S&Twww.snt-world.comXETRA Vienna: SNT

With approximately 2,280 employees and sales of EUR 411 million (2009), S&T is the leading provider of comprehensive consulting, outsourcing, systems integration and IT services in Central and Eastern Europe as well as in the German speaking region. The S&T Group operates in 21 countries. S&T's core business focuses on the consulting, development, implementation and operation of IT solutions, processes and systems. S&T serves companies along the entire IT value chain in the fields of manufacturing, commerce, telecommunications, public services, financial services as well as energy and utility companies. S&T AG is headquartered in Vienna and has been listed on the Vienna Stock Exchange since 2003.

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