INGERSOLL, ON, March 28 /CNW/ - As rules and regulations governing
industry expand, the ability to manually manage and prove compliance becomes
impossible. Erie Thames Services saw the need to provide an appropriate
solution for their customers and shareholders. Enter Springboard Management
Inc. (SMI), an Ontario based company who specializes in automated regulation
and risk management solutions. Erie Thames Services has purchased a stake in
the growing software vendor.
Most organizations have an inherent commitment to regulatory compliance
requirements, although some industries are more heavily regulated than others.
The majority of companies lack a systematic, consistent, and managed approach
to demonstrating compliance with standards. Springboard designs operational
efficient solutions so clients can function optimally and gain accreditation
under standards such as ISO, DWQMS and E&USA ZeroQuest(R).
"Springboard Management is an innovative company who shares our capacity
to provide best-in-class products and solutions, not just within the
parameters of the electricity industry, but beyond. They are a tremendous fit
with our current tool set and we are very excited at the opportunities that
lie ahead." Jeff Pettit, President & CEO, Erie Thames.
Since inception in late 2000, Erie Thames continues to strengthen its
footprint and explore opportunities. The breadth of offerings enables Erie
Thames to strengthen their core business of system reliability, customer
service and safety.
Investing in companies such as Utilismart, RDI Consulting, Coulter,
abicus/OUS, and now Springboard, propels Erie Thames beyond the normal
parameters of the industry and move into other markets and sectors within
Ontario, the US and abroad.
"We are really excited to partner with the Erie Thames Group of
Companies. Springboard is in the Proof of compliance business. Joining forces
with the quality people and pioneering spirit of Erie Thames solidifies
Springboard's position in the heavily regulated utility sector while affording
us the strength to expand into new markets." Brad Lagassé, CEO, Springboard
About Springboard: Incorporated in 2004, along with RRAM(TM) software,
Springboard also offers Management System and Process Improvement Consulting.
Regulations may differ from industry to industry, but the basic principles and
methodology that govern compliance remains the same. RRAM is designed to
facilitate compliance regardless of the specific regulatory details. The
Springboard team includes Management System Experts with experience in a
variety of industries including manufacturing, automotive, pharmaceutical,
financial services, and mining.
To learn more visit www.springboardmgmt.com, and
For further information:
For further information: Todd Ross, Senior Vice President, Erie Thames,
(519) 521-8411; Brad Lagassé, C.E.O., Springboard Management Inc., (800)
507-0158 x 705