Reconnex Introduces North American Channel Partner Program
TSC to Provide Services that Enable Corporations to Respond and Report on Enterprise Risks by Integrating
and Implementing the Reconnex inSight Platform
MOUNTAIN VIEW, Calif., May 11, 2005— Reconnex, a leader in safeguarding enterprises against information security breaches originating within their organizations, today announced its North American channel partner program. By partnering with a select group of strategic resellers, system integrators, and managed service providers, Reconnex will expand its existing reach into Fortune 1000 corporations, enabling these corporations to respond to multiple levels of risk including compliance reporting, critical risks to their information infrastructures, corporate governance monitoring, and competitive risks to intellectual property disclosure. Reconnex’s channel program currently includes a targeted network of partners, including Technology Solutions Company (TSC), a consulting company delivering business benefits through the application of information technology.
As more corporations face the consequences of disclosures and breaches of confidential information in this new era of compliance regulations, Reconnex’s channel partners will help position Reconnex’s inSight platform as a core element of a corporation’s risk management, compliance, and security best practices. As part of Reconnex’s channel partner program, partners will receive extensive training on the implementation of Reconnex’s 48 Hour e-Risk Rapid Assessment service, designed to help Reconnex customers quickly understand their most critical electronic risks – those events which could disrupt or destroy a business if ignored. These risks are pinpointed within the first 48-hours of the engagement. At the end of the assessment, channel partners will allow customers to decide where to begin the rapid remediation of these problems and will provide the demonstrable proof CEOs and CFOs require to prove these risks are not being ignored.
"Corporations are under fire due to the lack of controls in place necessary to prevent the leakage of sensitive information," said Donald J. Massaro, CEO and president of Reconnex Corporation. "It is apparent that corporations need strategic advisors capable of developing end-to-end risk management strategies that incorporate best-of breed technologies to monitor and analyze all data leaving the network. TSC fits this bill on all marks. TSC’s knowledge of compliance strategies in vertical markets combined with Reconnex’s automated electronic risk management solutions will ensure corporations have the right tools in place to mitigate the electronic risks that could disrupt or destroy a business if unreported or ignored."
"With today’s stringent compliance regulations, our clients have a much greater need to know what is actually leaving their network," said Michael Gorsage, president and CEO of TSC. "Our clients need to know what is being disclosed and demonstrate they have the controls in place to protect this information. We evaluated competitive offerings and chose Reconnex’s inSight platform because it allows us to provide immediate results and leave the client with an undeniable forensic record of what is actually occurring. Combined with our knowledge of compliance drivers in key vertical markets, our clients will benefit by receiving a clear picture that for the first time illustrates where they are at risk."
"Corporate risks extend far beyond those involved in Sarbanes-Oxley compliance and the financial marketplace – other regulations such as HIPAA, FDA, RFID, and other legal, technical, and environmental risks must be considered a part of risk assessment and management," said Malcolm Schwartz, senior vice president, compliance consulting group at TSC. "Having visibility into all information leaving the corporate network so nothing goes unanalyzed can be a key element in a comprehensive risk management program."
About Reconnex
Reconnex enables companies to guard against information security breaches that originate within an organization. Reconnex pioneered the only enterprise security platform of its kind that has the capacity to run at gigabit speeds, is non-invasive and can be deployed in hours not weeks; businesses now have a realistic and cost-effective solution to assess their operational and compliance risks. With Reconnex, companies across various industries and government agencies now have the demonstrable proof they are in continuous compliance with real-time monitoring, detection and reporting of compliance risks. For more information, visit us on the web at www.reconnex.net or call 1-866-940-4590.
About Technology Solutions Company
Delivering business benefits through the application of information technology, Technology Solutions Company (TSCC - Nasdaq) is an IT consulting firm committed to helping clients in the Manufacturing, Healthcare, Consumer & Retail, and Financial Services industries. TSC focuses on the business challenges of IT Strategy, Planning & Process Transformation, Enterprise Application Services, Customer Relationship Management, Business Technology, Extended Support, Compliance, and Process Adaptation & Training. The company’s services range across all phases of the project life cycle including IT strategy and assessment, project planning, software selection, reengineering, implementation, upgrades, training, and application hosting. Headquartered in Chicago, TSC has worked with nearly 900 clients worldwide, including the majority of the Fortune 100. For more information, please visit http://www.techsol.com .
CERTAIN FORWARD-LOOKING STATEMENTS AND FACTORS THAT MAY AFFECT FUTURE RESULTS
This press release contains or may contain certain forward-looking statements concerning TSC’s financial position, results of operations, cash flows, business strategy, budgets, projected costs and plans and objectives of management for future operations, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions. These forward-looking statements involve significant risks and uncertainties. Although TSC believes its expectations reflected in such forward-looking statements are based on reasonable assumptions, readers are cautioned that no assurance can be given that such expectations will prove correct and that actual results and developments may differ materially from those conveyed in such forward-looking statements. Important factors that could cause actual results to differ materially from the expectations reflected in the forward-looking statements in this press release include, among others, our ability to successfully introduce new service offerings, our ability to manage the pace of technological change including our ability to refine and add to our service offerings to adapt to technological changes, our ability to manage the current downturn in our business, and our ability to manage the current uncertainties in our industry and the economy in general, our ability to manage our current decreased revenue levels, our ability to attract new business and increase revenues, our ability to attract and retain employees, our ability to accommodate a changing business environment, general business and economic conditions in TSC’s operating regions, market conditions and competitive factors, our dependence on a limited number of clients and the potential loss of significant clients, our ability to continue to attract new clients and sell additional work to existing clients, our ability to successfully integrate the recently-acquired Zamba business with the rest of our business, and our ability to manage costs and headcount relative to expected revenues, all as more fully described in TSC’s periodic reports filed with the Securities and Exchange Commission from time to time. Such forward-looking statements speak only as of the date on which they are made and TSC does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. If TSC does update or correct one or more forward-looking statements, readers, investors and others should not conclude that TSC would make additional updates or corrections with respect thereto or with respect to other forward-looking statements. Actual results may vary materially.
