Press Release

Convercent Congratulates Chief Ethics Officer Eugene Ferraro on PPIAC Lifetime Achievement Award

Corporate Investigations and Compliance Veteran's Expansive Career Recognized at Inaugural Event

DENVER, Colo. – April 22, 2013 – Convercent, the first integrated, cloud-based culture and compliance software to help companies align values and ethics with employee behavior, today celebrates the Lifetime Achievement recognition awarded to its chief ethics officer Eugene "Gene" Ferraro by the Professional Private Investigators Association of Colorado.

The award is given to an exemplary individual who has been in the business of private investigations for a minimum of 25 years, demonstrated notable leadership in the industry and who has provided mentorship, instruction and/or a unique investigative service over the span of his/her entire career.

"As the Chairman of the Professional Private Investigators Association of Colorado, I regularly come in contact with many investigators. Having been in the profession for 25 years myself, I cannot think of another individual who has given so much to our profession and is more deserving of this honor," said Chris Bray, current chairman of the PPIAC. "We're all very fortunate to have had Gene in our profession."

For 30 years, Ferraro (CPP, CFE, PCI, SPHR) has been a leading corporate investigator specializing in workplace violence, fraud, harassment, discrimination, substance abuse, misconduct, and employee theft and dishonesty. Ferraro's expertise also includes pre-employment screening, background investigation, employee interrogation, loss prevention and security management.

He has conducted thousands of investigations worldwide for top corporations, law firms and insurance companies. Ferraro has also authored nine books, and lectures frequently on ethics and compliance management.

Before becoming Convercent's Chief Ethics Officer in 2012, Ferraro was founder and CEO of its predecessor, Business Controls, Inc. He is board certified in both security and human resources management, and has been a member and advisor of ASIS International since 1987.

"Gene has literally written the book on key corporate investigations and compliance matters," said Patrick Quinlan, CEO of Convercent. "Convercent is extremely proud he's a part of our family and for all that he's contributed to this important industry over the past three decades."

About Convercent:
Convercent brings culture and compliance together in the first integrated cloud application so that companies can promote the good and manage the bad in an intelligent and productive way. Hundreds of companies rely on Convercent to systematically align corporate values with individual behavior to create thriving, productive and compliant cultures of engaged, high-performing employees. Based in Denver, Convercent funding is led by Azure Capital Partners and Mantucket Capital.

Contact:
LaunchSquad
Convercent [at] launchsquad [dot] com
(415) 625-8555

Press Release

Convercent Launches First Solution to Bring Together Values, Governance and Compliance in One Cloud and Mobile Solution

Company Raises $10.2 Million to Fuel Bold Vision in Challenging New Era for Corporate Compliance

DENVER, Colo. – January 29, 2013 – Convercent, the first integrated, cloud-based culture and compliance software to help companies promote the good and manage the bad, launched today. The company also announced $10.2 million in funding, led by Azure Capital Partners and Mantucket Capital. City National Bank also participated.

Convercent helps companies systematically align corporate values with individual behavior to create thriving, productive and compliant cultures of engaged, high-performing employees. To do so, Convercent has created the first solution to integrate values, governance and compliance activities into one easy-to-use cloud application. Convercent also keeps you plugged in wherever you go with industry-first mobile access and translation into more than 40 languages.

“We are bringing the promise of today’s best technology to an area of business in dire need of innovation,” said Patrick Quinlan, CEO of Convercent. “Convercent is the first software to aggregate corporate ethics, values and compliance management into a single solution. We empower companies to be proactive in their approach to communicating their values to employees, mitigating risks, saving costs and creating thriving environments.”

“The opportunity for Convercent to breathe new life into a somewhat broken and traditional software category is tremendous,” said Cameron Lester, a founding General Partner of Azure Capital Partners. “We are excited to invest in Convercent’s vision and innovation focused on bringing culture and governance together, and empower a new generation of compliant and productive businesses.”

Convercent’s platform provides customers with the most intelligent software on the market, empowering legal, audit, and compliance executives to:

• Link company values, ethics and compliance behaviors – and move beyond basic compliance – to create a dynamic, connected culture.
• Disseminate and align company internal policies, federal regulations, employee education and company performance.
• Manage a modern, multi-channel approach to incident reporting that ensures rapid responses, escalations, investigations and resolutions.
• Expose gaps between employee engagement and compliance with a 360-degree view, in order to make adjustments and resolve problems before they arise.

“Convercent does it all – from helping us manage the big picture to giving full control in running consistent and effective specific investigations across our organization,” said Mike Benetti, Chief Compliance Officer at Methode Electronics, Inc., a publicly traded global manufacturing firm. “We now have the intelligence and ability within a single application to not only engage our workforce around our values and important policies, but coordinate activities, track evidence, securely communicate with others, and view audit trails – the complete continuum of a successful compliance program.”

To put Convercent to work immediately and bring your company’s values, employee behaviors and compliance efforts together for better governance and performance, please visit www.convercent.com.

About Convercent:
Convercent brings culture and compliance together in the first integrated cloud application so that companies can promote the good and manage the bad in an intelligent and productive way. Hundreds of companies rely on Convercent to systematically align corporate values with individual behavior to create thriving, productive and compliant cultures of engaged, high-performing employees. Based in Denver, Convercent funding is led by Azure Capital Partners and Mantucket Capital.