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Integrity Announces Record Results for 2002 Press ReleasesDedham, MA—Integrity Interactive Corporation today announced record financial results with contract revenue for 2002, increasing more than 100% over 2001 results. The company also announced that the 4th quarter of 2002 not only turned in record revenue but showed strong profitability marking the fifth consecutive profitable quarter. Contracts signed with new customers during the fourth quarter included over a dozen major corporations representing a broad spectrum of industries, from consumer products to biotech, and financial services to manufacturing. In many of these cases, the companies selected Integrity Interactive only after a meticulous review of several providers. When asked for the reason for their choices, several pointed to a strong preference for Integrity's approach from both their in-house attorneys and their employees. In a remarkable sign of customer commitment in these difficult economic times, Integrity's existing customers have continued to renew and expand their contracts in record numbers. Some customers who had begun in their first year by training just a few thousand users decided during 2002 to expand their efforts to large new segments of their employee population. Other customers chose to increase the number of courses and breadth of training to meet important new ethics and compliance initiatives. When asked about the strong results, Integrity's President, Carl Nelson, said, "We're proud to receive such trust from so many of the country's leading corporations. We've worked very hard to make our ethics and compliance training a best practice solution. It's so gratifying to hear from our customers that their programs are succeeding beyond their expectations." Integrity Interactive's management is planning for continued strong growth for 2003, and the company is aggressively hiring in all areas to meet this demand. Susan Jarvi, Integrity's Vice President of Client Services, commented, "We're committed to maintaining our reputation for superb customer service as we grow. Our dedicated team of account managers continues to make sure that clients' programs roll out quickly and that they achieve the highest completion rates." The company also foresees the release of several innovative new products and services during 2003. Commenting upon these plans, Kirk Jordan, Integrity's Vice President of Compliance Services, said, "We are constantly adding new courses and updating existing courses to better serve our customers. In many cases, the Sarbanes-Oxley law and the stock exchange listing requirements will require major changes for our clients in 2003. Integrity Interactive will continue to be the preferred solution as our clients strive to stay ahead of these requirements and the marketplace demands." About Integrity Interactive Integrity Interactive Corporation is the leading corporate ethics and compliance company. The company offers Fortune 1000 corporations Web-based compliance training and communications in more than 140 compliance topics, including Antitrust, Insider Trading, Export Regulations, Earnings Management, Cover Ups and Conflicts of Interest. Nationally recognized legal experts in corporate ethics and compliance design Integrity's courses. The Integrity Interactive® System offers ethics and compliance training on its IntegrityWebTM Internet legal e-learning site. The courses cover a broad range of ethics and legal compliance topics and use realistic scenarios about compliance gaps set at the fictional companies, GlobeCoTM and GlobeteckTM . Integrity Interactive also offers a Web-based "hot-line" reporting and tracking service on its Integrity WebLineSM system. For more information about Integrity, please visit the Web site at www.integrity-interactive.com. Integrity Interactive® is a registered trademark of Integrity Interactive Corporation. Integrity WebTM , GlobeCoTM, Integrity WebLineTM and GlobeteckTM are trademarks of Integrity Interactive Corporation. |
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Today, corporations must defend the effectivness of their ethics and compliance programs to both regulators and shareholders. Integrity Interactive clients are prepared. |
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Today, corporations must defend the effectivness of their ethics and compliance programs to both regulators and shareholders. |
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