SOURCE: EthicsPoint

September 11, 2007 08:00 ET

L-3 Communications, Inc. Selects EthicsPoint for Issue and Event Management

Global Defense Manufacturer Deploys EthicsPoint to Improve Awareness of Enterprise Risk and Compliance Issues

PORTLAND, OR--(Marketwire - September 11, 2007) - EthicsPoint, Inc. announced today that L-3 Communications has chosen EthicsPoint's Issue and Event Manager to help enhance their current governance and compliance initiatives. L-3 chose EthicsPoint for its robust tool suite that enables consistent documentation, management, and analytic opportunities throughout the organization. Because of L-3's broad range of businesses, customers, and geographical locations, the company needed a consistent way to communicate with stakeholders around the world. The EthicsPoint solution gives L-3 this advantage.

"In partnering with EthicsPoint, we have elevated our ability to better communicate with our stakeholders, and we have implemented a best-in-class toolset to manage our Governance, Risk, and Compliance issues," stated Fred Piccirillo, Vice President of Internal Audit and Corporate Ethics Officer for L-3 Communications. "By leveraging their solution, we are providing our employees and stakeholders with a proven system to elevate our ethics and compliance initiatives."

EthicsPoint is well known as a Governance, Risk, and Compliance (GRC) pioneer and expert, having researched and developed reporting and documentation methodologies for the past six years. EthicsPoint's Issue and Event Manager provides L-3 with a single system for capturing, managing, and resolving a wide variety of incidents across a range of corporate functions. The result is the opportunity to better confront risks and the ability to effectively integrate GRC activities into one, cohesive initiative.

"EthicsPoint clients who utilize our Issue and Event Management solution are looking for meaningful points of integration that make their issue management process more effective, in both the area of detection and resolution. L-3 Communications has long been a leader in deploying innovative approaches to managing risk and compliance demands of their business, and we look forward to helping them extend this process globally," said David Childers, President and CEO of EthicsPoint.

About L-3 Communications

Headquartered in New York City, L-3 Communications employs over 63,000 people worldwide and is a prime system contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, systems and subsystems. The company reported 2006 sales of $12.5 billion.

To learn more about L-3, please visit the company's web site at www.L-3Com.com.

About EthicsPoint

EthicsPoint is a market leader in business process optimization for Issue, Event, and Loss Management. We provide a robust, on-demand workflow solution that leverages our industry-leading global hotline and report management system. Our solution can cost-efficiently integrate detached, localized activities or provide immediate point solution benefits. The EthicsPoint solution is used by over 1,500 clients in a variety of industries to incorporate compliance initiatives and business process management via a "pay as you grow," Software-as-a-Service delivery model. Visit www.ethicspoint.com.

Contact Information

  • Contact for L-3 Communications:
    Cynthia Swain
    Vice President, Corporate Communication
    L-3 Communications
    (212) 697-1111

    Contact for EthicsPoint:
    Robin Carter
    Director - Marketing Communications
    (503) 726-2272