|News Item ID: 00001|
FOR IMMEDIATE RELEASE
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IT Company Announces Launch of Website; Real-time Corporate Governance, Performance and Service Level Management software
Vancouver, BC - March 18, 2005 - If you've ever wondered how different departments in a company get a job done on time, satisfy
customers, and keep clients and shareholders happy, the answer is often "they don't". Enter Consinity Inc., a Vancouver-based
IT start-up that is developing a corporate governance and performance management software packaged called ActiveNexusTM that
uses real-time activity monitoring and reporting to help customers meet demands for greater transparency and disclosure.
A walk through Consinity's website ( www.consinity.com ) shows just what ActiveNexusTM
can do: First, a simple-to-use interface allows a company to map its structure, goals and responsibilities; from there, the program
provides real-time information regarding progress towards corporate goals. Displayed using the familiar red-yellow-green associated
with a traffic light, the information is quick and easy to read.
The system provides constant feedback that can be tailored for any
audience from CEO who needs to unsure that new legislative and regulatory compliance demands are being met, the project manager who needs to know whether she will meet next week's deadline, to the shareholder who, post-Enron,
is demanding greater accountability, transparency and disclosure to ensure that his investments are safe.
Add to that the ActiveNexus early-warning system that encourages teams to resolve issues before they become problems and the result
is a unique new tool for corporate accountability that also reduces costs, improves coordination, and increases effectiveness.
No newcomer to IT, Consinity's President and CEO Nicolas Pepin, has worked for top Canadian companies like Nortel and Cognos for
over 20 years. With the rare ability to cross disciplines, Pepin has worked as a software designer, business strategist, project manager,
and IT executive.
"I have always been struck by the disconnect between management teams and those who strive to provide them with technical tools," Pepin
says. "Our industry still seems largely stumped on how to best harness technology to further corporate