CALGARY, Alberta and CUPERTINO, Calif., Jan. 12 /PRNewswire/ -- Securac Holdings Inc. (Securac) and Certus Software Inc. (Certus), both industry- leading providers of governance, risk and compliance software and services, today announced the merger of the two companies. The new company will have combined operations and will continue to leverage the strengths of both the Securac and Certus brands and products in their respective markets. The new company has a significant global presence, and an impressive customer base. The combined product platform advances a proven risk management solution that incorporates best practice industry standards.

"The close of this merger brings together two strategically complementary business models to accelerate product development, to deliver additional value to our customers and to meet the needs of the growing governance, risk and compliance market," said Terry Allen, Co-founder and CEO of Securac. Together, Securac and Certus deliver a broader mix of governance, risk and compliance solutions via an integrated platform that will simplify and unify practices across the enterprise. Allen added, "The combined and diverse strengths of both companies positions us to deliver tangible business value for our customers beyond regulatory compliance, into areas such as business performance and operational risk management."

"This merger results in a powerful combined value proposition for the governance, risk and compliance market," said Certus CEO, Bryan Plug. "We believe the two product lines integrate perfectly and enable us to deliver a single system-of-record for our customers. Both companies have earned a reputation for integrity and performance, and we are pleased to be integrating our strategies to deliver additional value to our customers, and grow the business together."

About Securac

Securac is a vendor of corporate governance, risk assessment and compliance management software and services to corporate and public enterprises, consultants and regulated organizations. Acertus(TM), an integrated software platform for risk management and decision support, along with a professional services team of risk/governance experts and compliance specialists provide comprehensive governance, risk assessment and compliance programs from the boardroom to the operational level. To learn more, visit http://www.securac.net/.

About Certus

Certus transforms reactive compliance and risk management to proactive Enterprise Governance Management (EGM). Certus Governance supports multiple compliance initiatives through a single system-of-record that delivers governance intelligence to internal and external stakeholders through a unified view of all compliance information. Customers realize superior business results through increased efficiency, clearer accountability, and greater visibility throughout the enterprise. Certus customers include Alcon, Inc., Dell, DIRECTV, Countrywide Financial, FirstEnergy, Great-West Life & Annuity Insurance Company, The Mills Corporation, PepsiCo, Polaroid, Seagate Technology, and Suntron. To learn more about Certus, visit http://www.certus.com/.

NOTE: Certus is a trademark of Certus Software, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

CONTACT: Robin Baker of Certus Software Inc., +1-408-380-9885, or
rbaker@certus.com

Web site: http://www.certus.com/
http://www.securac.net/