Tuesday, March 22, 2011

BoardSuite Selected by AlwaysOn as an OnDemand 2011 Top 15 Companies to Watch

Recognized for creating new opportunities in cloud computing and SaaS.


March 22, 2011 (SaaS Newswire) -TORONTO, ON – BoardSuite (www.boardsuitecorp.com) announced today that it has been chosen by AlwaysOn as one of the OnDemand Top 15 Companies to watch. Inclusion in the OnDemand 15 signifies the impact BoardSuite has made in the SaaS and cloud industry. BoardSuite was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

BoardSuite and the OnDemand Top 15 companies will be acknowledged at AlwaysOn’s OnDemand event on March 28th, 2011, at Hewlett-Packard’s Worldwide Headquarters in Palo Alto, CA.

This two-and-a-half-day executive event features CEO presentations and high-level debates on how the Internet is disrupting how companies—from small businesses to large enterprises—create, store, distribute, analyze, and take advantage of their mission-critical data.

BoardSuite operates a secure and easy-to-access online board portal. This utility organizes and manages critical board related information and tasks. Stakeholders, such as directors, officers, lawyers and accountants, are able to significantly reduce business risk and more confidently manage overall board affairs as they now have more effective access to both their information and invaluable board resources.

A full list of all the OnDemand Top 15 winners can be found on the AlwaysOn website at:

http://www.aonetwork.com/AOStory/Announcing-2011-OnDemand-100-Top-Private-Companies

Having been selected as one of the Top 15 Companies to watch and the only Canadian company in the group of global companies is a great accomplishment for BoardSuite. We owe this recognition to our users and companies who continue to spread the word and support our cause. We believe we are on the cusp of a paradigm shift in how board managed entities are looking to manage, organize and share, their confidential corporate information and BoardSuite is poised to be a global leader, said Founder, President, CEO Oscar A Jofre Jr.

About AlwaysOn

AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, and GoingGreen East. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

About BoardSuite

Directors on Boards have significant risks and responsibilities. BoardSuite was created to mitigate risk by providing directors and officers a simple yet powerful solution to address their responsibilities surrounding good governance and compliance.

Provided as a FREE SaaS-based service, BoardSuite enables executive leadership teams to securely and effectively manage their governance and compliance requirements, thus allowing them to devote more time towards helping their organizations improve overall business performance.

Award Winning Company

BoardSuite has received notable recognition within the online industry for its achievements. March 2011 BoardSuite was select one of the Top 15 Companies to watch by AlwaysOn onDemand2011. In July 2009, BoardSuite was selected as one of Canada’s leading Web 2.0 pioneers by KPMG and Backbone magazine at the PICK20 Awards, the only national roundup of Canada’s up and coming Web 2.0 pioneers who are leading the 2.0 evolution of the Web. And, in August 2009, BoardSuite was named by IDC as one of Canada’s Top Cloud Computing Solutions to watch calling it a disruptive innovation in the board portal industry.

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For more information contact:

Oscar A Jofre

President/CEO

BoardSuite Corp.

Oscar.Jofre@BoardSuitecorp.com

Website: www.boardsuitecorp.com

Voice: 647-258-1670 ext 102

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