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BoardVantage Named "Cool Vendor" by Leading Analyst Firm

Vendors selected for the "Cool Vendor report" are innovative, impactful and intriguing

Menlo Park, CA (May 15, 2008) — BoardVantage, the leading provider of secure portals and communications, has been included in the list of "Cool Vendors" in the "Cool Vendors in Compliance and Risk Management, 2008" report by Gartner, Inc. ("Cool Vendors in Compliance and Risk Management, 2008," by French Caldwell, et al., April 24, 2008.) The report provides analysis on innovative vendors in the compliance and risk management market and states that the products in this Cool Vendors research all offer real business benefits in performance, information quality and continuity of service. "BoardVantage is honored to be selected by Gartner as a Cool Vendor for 2008 in Compliance and Risk Management," said Joe Ruck, president and CEO, BoardVantage.

The BoardVantage Vault eliminates a critical challenge with electronic distribution of sensitive content - maintaining control when documents are stored locally. The Vault is unique in that any content, whether stored on the servers or on a local disk, remains under central control for the purpose of retention, versioning and syncing. This means that for the first time it is feasible to extend document retention policies to a user's laptop.

The Gartner report can be accessed at the following url by Gartner clients: http://www.gartner.com/DisplayDocument?doc_cd=156289&ref=g_SiteLink

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About BoardVantage

BoardVantage is the leading provider of secure board portals, with 175 customers — including over 20 Fortune 100 companies. BoardVantage provides a secure and user-friendly Web portal for centralizing board documents, processes and communications. It also provides productivity tools for creating and distributing board materials efficiently. BoardVantage is SAS 70 Type II certified, and meets or exceeds the standards of the most security conscious IT departments, including those of major financial institutions. To learn more, visit www.boardvantage.com.

BoardVantage Media Contact

Maria Krinsky
KickStart Consulting, for BoardVantage
415-509-0498
pr@boardvantage.com