Company-Specific "Code of Conduct" Training Now Takes Minutes, Not Months, To Create
March 12, 2003 (New York, N.Y.) — WeComply, Inc., a leading provider of online compliance and business-ethics training, announced today that it has received United States Patent 6,498,920 for its "Customizable Web-Based Training System," which enables companies to create highly-customized employee-training content quickly and conveniently. The ability to provide company-specific training is especially compelling in the compliance context, as companies gear up to meet their obligations under the Sarbanes-Oxley Act and the new listing standards of the New York Stock Exchange and Nasdaq Stock Market.
The patented technology provides a degree and ease of customizability unparalleled in the compliance-training marketplace. Unlike training providers whose claims of "customizability" extend only as far as inserting a company logo or a link to a policy document, WeComply's system makes it easy for a company to tailor any or all of the training content, graphics and games to fit the company's specific training needs. The system is accessible from any web browser, allowing a company total freedom to revise its training content whenever and as often as it sees fit — at no additional charge.
WeComply's technology is already in widespread use throughout the business community. Companies have trained thousands of employees with WeComply content that was fine-tuned to reflect each company's Code of Conduct and other policies and procedures. "Our changes were turned around on a dime," said Robin Bona, Director of Human Resources for CBS Television Network, one of six Viacom business units using training content that was customized specifically for its employees.
"Off-the-shelf employee training is passť — it's 'one size fits none,'" said David Simon, Founder and President of WeComply. "A company that wants to restore the confidence of its investors and the general public must demonstrate that its employees understand and will comply with the company's actual policies, procedures and ethical principles — not some generic or 'model' policies. Our technology gives companies a simple and cost-effective way to achieve that important goal."
About WeComply, Inc.
WeComply offers more than 40 online training programs on a broad range of compliance topics, including Code of Conduct, Financial Accountability under the Sarbanes-Oxley Act, Antitrust, Privacy, the Foreign Corrupt Practices Act, and Avoiding Insider Training. WeComply is the American Corporate Counsel Association's "alliance partner" for online compliance training, and its training programs are in use by numerous large and small companies worldwide. Its clients include Sun Microsystems, the New York Stock Exchange, Baxter Healthcare, AdvancePCS, the National Basketball Association, and many others. More information and sample programs are available at www.wecomply.com.