Press Releases

IRVINE, CA -- (Marketwire) -- 05/04/10 -- The General Counsel : and VeriComply : announced today a strategic alliance to offer a bold new approach for companies to use technology and best practices of experienced attorneys to reduce legal risks and costs and increase operating efficiency and revenues.

VeriComply has developed a single authoritative repository, the VeriComply Vault : where senior executives, staff and external professionals can now readily access the information they need organized to do their job more efficiently. The Vault and APPS provide continuous visibility into source documents from operations, transactions, and compliance. Companies can proactively identify risks : , avoid liability and derive more value from The General Counsel's part-time in-house general counsel who need access to accurate and real time corporate information.

"Our innovative approach enables clients to quickly implement a solution to a problem identified by a risk assessment, experience the benefits, and demonstrate the ROI before extending the solution across the company," remarked Roger Cohen : , the CEO and Founder of VeriComply. "Our collaboration with The General Counsel enables senior executives to make decisions with the input of their trusted advisors acting upon real time access to validated information. This novel integration of business process and legal expertise into a technology platform is a game changing approach that reduces both compliance and legal risk and cost while increasing operating efficiency and enterprise value."

"By combining our Revenue Growth and Business Risk Assessment : and the VeriComply Vault, we can provide a unique value proposition for our clients," explained Stuart Blake : , the CEO and Co-Founder of The General Counsel. "Now we cannot only quickly find revenue growth opportunities and legal risks but also systematically and cost effectively eliminate the legal risks using technology and our expertise. Further, by implementing these pre-packaged technology enabled solutions, our clients will be able to shorten sales cycles and generate more revenue."

About VeriComply

VeriComply, Inc. is a leading provider of technology and software solutions that make it easier and less costly for companies to manage their legally significant content. The VeriComply Applications extract and organize critical information trapped inside documents, while our platform, the VeriComply Vault, makes the information continuously available. As a result, you can verify compliance, make business decisions, and manage important deals. Real time access to relevant and accurate information increases operating efficiency. Our robust Software as a Service (SaaS) model allows you to get started easily and realize immediate benefits. The VeriComply Applications come with the expertise of attorneys, CPAs, and other professionals built in. Relevant information, continuously. For more information, contact Roger Cohen, CEO and Founder of VeriComply, at roger@vericomply.com : mailto:roger@vericomply.com or 949-340-0921, ext. 706, or visit www.vericomply.com : .

About The General Counsel, LLC.

The General Counsel, LLC is a new breed of legal services firm created to answer the unique challenges facing emerging and mid-sized companies. Our high-value general counsel services make it possible for growing organizations to enjoy all of the advantages of having a top notch in-house attorney on-site and actively contributing to your management team and organizational strategy. Whether retained on a part or full-time basis, having an experienced, business savvy lawyer on-site at your company will help keep your organization running smoothly and prevent any legal surprises. Some of our attorneys are currently available to assist with any part-time, interim or project needs. For more information, contact us at (949)288-6800 or info@thegeneralcounsel.net : mailto:info@thegeneralcounsel.net or visit www.thegeneralcounsel.net : .

Contact:
Roger Cohen
(949) 340-0921 Ext. 6
rcohen@vericomply.com