SOURCE: ITtoolbox

December 15, 2008 09:22 ET

Toolbox.com Continues Growth in B2B Social Media With Launch of Online Community for Finance Professionals

Toolbox for Finance Provides Professionals With Free Community for Peer-to-Peer Knowledge Sharing

SCOTTSDALE, AZ--(Marketwire - December 15, 2008) - With the economy putting stress on corporate travel and professional development budgets, business executives and professionals are turning to social media and online communities to get information to do their jobs better. Serving this need for the corporate finance community, Toolbox.com today announced the launch of Toolbox for Finance (http://finance.toolbox.com), an online community where finance professionals can share knowledge with peers to make better decisions.

Toolbox for Finance is the third professional community launched and operated by Toolbox.com (formerly ITtoolbox). This new community joins Toolbox for HR, launched in October 2008, and the industry-leading Toolbox for IT, which was launched in 1998 and now serves more than 1.4 million registered members and over 800 advertising partners.

The community is designed to give finance professionals a place to connect with peers, collaborate on common workplace challenges, and stay current with insights from other professionals working on the finance front line. Community members can discuss accounting and compliance approaches, share functional expertise, and provide feedback on products and services. Topics will cover a broad spectrum, including accounting, finance, governance, operations, and strategy.

"With the launch of Toolbox for Finance, we are extending our commitment to help professionals share knowledge to the corporate finance function," said Dan Morrison, co-founder and CEO of Toolbox.com. "We look forward to serving this important group, allowing finance professionals to benefit from the experience and knowledge of their peers."

"We conducted focus groups with finance professionals to preview Toolbox for Finance," commented Miles Witherspoon, Associate Director, Toolbox for Finance. "The feedback we have received is very promising. Participants were enthusiastic about joining an online community built upon solving shared challenges and quickly warmed to the platform."

The site includes the following community collaboration tools:

--  Professional Networking (http://finance.toolbox.com/home): Tools that
    allow professionals to create their own home pages, connect with peers, and
    communicate with the finance community in a productive environment.
--  Groups (http://finance.toolbox.com/groups): More than 100 targeted
    discussion communities allowing peers to ask and answer questions among
    each other, to solve problems, and make decisions.
--  Blogs (http://finance.toolbox.com/blogs): A community publishing
    service where professionals post finance news and knowledge from the front
    line and community members comment on the entries.
--  Wiki (http://finance.toolbox.com/wiki): An in-depth finance reference
    guide and instruction manual created by the community.
--  Vendor Research Directory (http://finance.toolbox.com/vendors):  A
    comprehensive and interactive directory of vendors and services that
    integrates relevant user-generated content to provide objective feedback
    that helps professionals make informed finance purchasing decisions.
    

To welcome new community members, Toolbox for Finance is offering priority access to more than 200 premium white papers from Corporate Executive Board's Strategy, Procurement and Finance division, which include programs such as the Corporate Strategy Board, CFO Executive Board, Controllers' Leadership Roundtable, and Procurement Strategy Council. These white papers address topics like reporting standards compliance, fraud management, and strategic planning.

In addition, Toolbox for Finance is looking for inaugural members to the community; membership is free and allows finance professionals to network, discuss important topics with peers, and promote opinions and information via blogs. Professionals interested in learning more may contact Miles Witherspoon at 480-922-8302 ext. 143 or mwitherspoon@toolbox.com.

To learn more about Toolbox for Finance, visit: http://finance.toolbox.com.

ABOUT TOOLBOX.COM

Toolbox.com helps professionals do their jobs better by enabling them to easily share knowledge with experienced peers. The online communities at Toolbox.com include professional networking, blogs, discussion groups, wikis, and a vendor research directory through which executives and professionals collaborate to solve problems, make decisions, and increase workplace efficiency. Through the community, advertising partners can engage prospects and customers either directly or by integrating their message through a proprietary contextual matching engine. This combination of community and advertising value has made Toolbox.com a leading destination for professionals and a leader in online advertising. Toolbox.com is a division of Corporate Executive Board (NASDAQ: EXBD). For more information, visit www.toolbox.com

ABOUT CORPORATE EXECUTIVE BOARD

The Corporate Executive Board (NASDAQ: EXBD) drives faster, more effective decision-making among the world's leading executives and business professionals. As the premier, network-based knowledge resource, it provides them with the authoritative and timely guidance needed to excel in their roles, take decisive action and improve company performance. Powered by a member network that spans over 50 countries and represents more than 80% of the world's Fortune 500 companies, the Corporate Executive Board offers the unique research insights along with an integrated suite of members-only tools and resources that enable the world's most successful organizations to deliver superior business outcomes. Based in Washington, DC, the company employs more than 2,500 professionals in offices around the world. For more information, visit www.exbd.com.

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