Winston Salem, NC (PRWEB) May 25, 2006

Winston-Salem, NC (PRWEB) May 25, 2006 — SilkRoad technology, inc. today announced several enhancements to RedCarpet™, the employee onboarding component of its award-winning Life Suite™ of web-based talent management solutions. The upgrades include extensive “e-Forms” paperless data gathering and other content management tools.

RedCarpet facilitates and streamlines every step of the process of a new employee’s personal acclimation to a new company, while simultaneously organizing and tracking the myriad administrative functions that accompany every new hire. RedCarpet had been in the marketplace since 2005, and counts among its clients Eaton Corporation, the Fortune 500 diversified industrial manufacturer.

From the employee’s perspective, RedCarpet’s content-rich welcome website provides a virtual orientation featuring an up to date welcome message, a wide range of useful information including schedules and contact information, and a simple, user-friendly online interface for the completion and submission of all necessary paperwork, including employee benefits registration and easy access to all supporting materials for that important process.

RedCarpet provides an extremely content-rich onboarding environment, with great attention given to the ongoing new hire experience. This is in contrast to other systems that work primarily as digitized paperwork delivery systems and focus mostly on the company’s needs, rather than the employee experience.

“Your company never gets a second chance to make a first impression on a new hire, so RedCarpet is designed to make new talent feel welcome, wanted and valued,” said Brian Platz, General Manager, SilkRoad technology. “Effective onboarding has been proven to make a positive bottom line difference across a wide range of industries, and at all levels of a company, from the factory floor to the executive suite.”

In head to head comparisons, RedCarpet’s interactive content-driven onboarding solution far outperforms the more common one-way transactional approach. SilkRoad technology’s proprietary research has shown that employees who feel valued during the onboarding process get acclimated more quickly and become more productive and ultimately longer-tenured than employees who experience typical organizational bureaucracy.

From the employer’s perspective, RedCarpet is highly customizable to reflect the intricacies of any company’s new hire orientation, acclimation and administration processes. The person responsible for each new hire (usually an HR administrator, recruiter, or hiring manager) enjoys convenient web-based access to a dashboard that monitors every step in the new hire process, for an unlimited number of new hires.

RedCarpet automatically coordinates all new hire logistics, creating cascading tasks and specific assignments of responsibility for each step in the new employee hire process. For example, payroll data must be determined before direct deposit can be initiated, a specific work station, telephone number and e-mail address must be assigned before business cards can be printed, and security clearance must be granted before an ID badge can be programmed.

“RedCarpet enables a single HR practitioner to manage onboarding for multiple new hires with a few clicks of the mouse, and from anywhere in the world,” said Platz. “Setting RedCarpet’s vastly superior employee experience aside for a moment, when you consider that we deliver the onboarding space’s best package of features and benefits along with nearly immediate positive ROI, it’s no wonder that some of the world’s best companies are rolling out RedCarpet for their employees.”

In addition to the advanced administrative functions, RedCarpet provides an automated and customizable communication tool that enables a company’s leadership to connect with new team members to provide a warm welcome, and to strengthen that connection with follow-up messages at certain milestones in the employee’s tenure, such as after a certain amount of time, or after achieving a certain level of accomplishment (sales levels or other statistics) within the company.

RedCarpet’s seamless integration with the other elements of the SilkRoad Life Suite demonstrates the importance of talent management solutions that span the entire employee lifecycle, from applicant tracking, to recruiting, employee onboarding, performance management, and compensation management.

Switching to RedCarpet from traditional orientation and administration triggers increases in average employee tenure, job satisfaction, loyalty and productivity, and a decrease in employee turn-over, all of which translate to an improved talent pool and favorable bottom line results.

About SilkRoad technology, inc.

SilkRoad technology, inc. provides software as a service solutions that significantly improve the employee talent within its more than 500 customers across the globe. Through SilkRoad’s Life Suite™, an integrated talent management solutions suite, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture, and improve employee tenure. In addition to RedCarpet, the components of the SilkRoad LifeSuite™ solution set include OpenHire™ for applicant tracking, WingSpan™ for flexible employee performance management, GreenLight™ for compensation management, and Eprise™ for employee intranets and content management.

SilkRoad technology is headquartered in Winston-Salem, NC with offices in Bedford, MA; Chicago, IL; West Long Branch, NJ; and Hamburg, Germany. More information is available on the Web at http://www.silkroadtech.com or by phone: U.S. toll free at 866-329-3363 or internationally at +1-336-201-5100.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Virtual Hand SDK

San Jose, CA (PRWEB) January 31, 2012

CyberGlove Systems is proud to announce the official release of its VirtualHand Software v3.1.0. This release will include Windows 7 support for VirtualHand Drivers, VirtualHand SDK, and VirtualHand for MotionBuilder on both 32-bit and 64-bit platforms. In addition, VirtualHand for MotionBuilder will now support multiple gloves and the recently developed CyberGlove III Mocap Glove will be supported by all VH software, along with the rest of CyberGlove products. “Our partners and the development community have been asking for Windows 7 compatibility for both 32-bit and 64-bit platforms, and we have made it our focus to make this available to them as soon as possible,” said Faisal Yazadi, CEO of CyberGlove Systems. “And now it is.”

CyberGlove Systems is the worldwide leader in data glove technology and offers the most sophisticated hand-centric 3D motion capture solutions in the marketplace. CyberGlove Systems’ products include four different data glove solutions and its VirtualHand Software Development Kit (SDK). All CyberGlove hardware ships with basic software to help users’ access devices. However, purchasing the Virtual Hand SDK offers significant additional functionality, including the complete set of libraries included in the SDK. The goal of SDK is to help developers easily integrate real-time 3D hand interaction into their software applications thus minimizing development efforts. Complex 3D simulated worlds are not easy to implement, and programmers can’t afford to spend the time required to understand all the inner workings of advanced input/output devices such as the CyberGlove™, CyberTouch™ and CyberGrasp™. Nor can they waste time on other complex issues such as collision-detection, haptic scene graphs, event models and global system response.

In a conventional application development environment, with an integrated graphical user interface, programmers are provided with implicit operation of the mouse, windows, document containers and various widgets. The SDK takes a similar approach, offering automatic management of virtual hands, a simulated world with graphical representation and an expandable model for handling interactions between world entities.

The SDK is transparent to the programmer’s work, as its core is based on a multi-threaded architecture backed with event-based synchronization. This is similar to GUI-based applications where the programmer need not manage the mouse or service GUI events. The application development process should focus on application-specific functionality, not low-level details. To develop an application that makes use of CyberGlove Systems’ whole-hand input devices, the software designer is provided with an application model that consists of three major components: Virtual human hand, Object manipulation and interaction, and Rendering.

For more information on Virtual Hand SDK and any other hardware or software in the CyberGlove portfolio, please visit our website at http://www.cyberglovesystems.com or contact Faisal Yazadi at fyazadi@cyberglovesystems.com or (408) 451-9463.

About CyberGlove Systems, LLC

CyberGlove Systems is the worldwide leader in data glove technology and offers the most sophisticated hand-centric 3D motion capture solutions in the marketplace. CyberGlove Systems’ products include four different data glove solutions (CyberGlove®, CyberTouch®, CyberGrasp® and CyberForce®) and its VirtualHand Software Development Kit (SDK). Its products allow users to capture detailed finger, hand, and arm movement in virtual reality, allowing users to interact with digital objects in virtual reality.

CyberGlove Systems technology benefits customers by allowing them to more quickly prototype and animate in virtual reality thereby saving them both time and money. Furthermore, CGS is the only data glove solution offering both kinesthetic force and vibrotactile feedback. This haptic technology benefits customers by simulating realistic physical forces such as gravity and touch for industrial engineering, military, and academic research applications. CGS customers include Fortune 500/Global 500 corporations, government agencies, and universities in the U.S., Europe, Asia, Middle East and South America.

Established in 1990, the CyberGlove® Systems family of products remains the most trusted and widely used data glove solution today with the very best customer support.

###

Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

COCONUT CREEK, Fla. (PRWEB) January 31, 2012

VUE Software® announced today that it has successfully passed an audit for the Statement on Standards for Attestation Engagements (SSAE) 16. Provided after a thorough evaluation, the attestation indicates that VUE Software has met rigorous requirements for its clients’ internal control and financial reporting systems as determined by the American Institute of Certified Public Accountants (AICPA®).

The SSAE 16 evaluation covers critical areas such as the following:

     Information security policies
     Physical security policies
     Data center reliability
     Network security and monitoring
     Data transmission and encryption
     Disaster recovery planning and processes
     Secure storage, media and document-destruction policies
     Infrastructure change-management policies

The AICPA’s designated senior technical bodies issue the SSAE 16. The attestation reports on the controls service organizations have in place to perform specialized functions on other organizations’ data. The successful completion of the SSAE 16 evaluation confirms that VUE Software has designed and implemented suitable systems that provide assurance in handling risk and safeguarding client data.

“With this attestation, VUE Software demonstrates its ongoing commitment to using exceptional security measures for client data and providing authorized access to information in a safe and trustworthy manner,” said Stephen Bruno, president and CEO of VUE Software. “This verification gives our clients the certainty that our service systems can be utilized with validated privacy and security policies.”

About VUE Software

VUE Software, the product division of Computer Solutions and Software International, Inc. (CSSI), is a leading provider of distribution, incentive compensation and sales performance management suites. Backed by over twenty years of insurance experience, VUE Software solutions are built to meet the unique needs of the life, health, property and casualty, and managing general agent verticals. For more information about VUE Software, please call 1.877.4.VUESOFT or visit http://www.vuesoftware.com.

VUE Software is a registered trademark of Computer Solutions & Software International, Inc. AICPA is a registered trademark and SSAE 16 is a service mark of the American Institute of Certified Public Accountants. All other registered trademarks, trademarks or service marks belong to their respective companies.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Document Management Software Press Releases

Huntingdon Valley, PA (PRWEB) January 31, 2012

Alpha Systems, a premier provider of electronic patient chart management solutions, has doubled its capacity to provide chart assembly services to hospitals. Hospitals can speed up the process of coding their charts by turning to Alpha for the assembly, preparation and scanning services. This service has helped many hospitals improve their Discharged Not Final Billed (DNFB) by several days, bringing in significant revenue to the hospital sooner.

Kim Hagerty, Health Information Management Leader at The Chester County Hospital said, “We are now able to better manage the information and deliver a quality product to our customers and the care providers. The manner in which the hospital views our HIM department has been elevated from a file room to Health Information Management Department. We now have the ability to use our staff to manage the information and have re-purposed staff to concentrate on other responsibilities needed to survive in our constantly changing environment.”

“We are excited to offer these additional services that benefit our customers,” added Brett Griffith, President of Alpha Systems, “As we measure the ROI on these additional services, we are seeing a significant impact on improved efficiency and cash flow.”

Alpha customers have realized additional benefits such as transformation of medical record file rooms into virtual file rooms and repurposed the space for revenue generating departments; reduction in medical record deficiency and delinquency rates; focused initiatives on patient care, patient safety, ICD-10, and Meaningful Use; and elimination of the concerns in fluctuations of scanning work, staffing, scanner maintenance contracts and scanner repairs/replacement for those hospitals that were scanning themselves.

About Alpha Systems

Alpha Systems serves the Health Information Technology needs of America’s leading healthcare providers with data and document management solutions that enables them to fully leverage their investment in Electronic Health Records, Electronic Document Management software and Coding Technologies. To learn more, visit http://www.alphaedm.com or call 800-732-9644.

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Document Management Software Press Releases

Palo Alto, CA (PRWEB) January 31, 2012

IntApp, Inc., provider of the most-adopted ethical wall software for law firms, today announced that McKenna Long & Aldridge, an international law firm with 475 lawyers and public policy advisors, uses IntApp Wall Builder to enforce ethical screens and manage information security for client confidential matters across the firm.

Wall Builder is a web-based ethical walls and confidentiality management software application that enables organizations to centrally control, monitor and report on user access permissions across multiple applications, including document management, accounting, portal, CRM, time entry and records management systems. It also automates notifications to individuals subject to specific policies and tracks acknowledgments for compliance purposes.

“Given increasing calls for confidentiality driven by clients and other factors, our firm sought to replace a legacy software tool, which IT had been using to enforce limited security in our Open Text DM5 document management system, with a more modern application that could automate the entire confidentiality lifecycle and provide our less technical staff with a user interface they could manage themselves,” said Paul Hurdle, Sr. Counsel, Head of New Matter Intake and Conflicts, McKenna Long & Aldridge LLP. “We looked at several options and quickly recognized that IntApp was the industry expert and that Wall Builder was the most mature product. Today, with our intake and risk staff using Wall Builder to create, manage and report on confidentiality policies across the firm, we know we made the right choice.”

Law firms must closely manage and track internal access to client information for many reasons. These include waiver-driven ethical screens, client outside counsel guidelines, and compliance with regulations such as the HITECH Act, ITAR and several data privacy laws.

Wall Builder is the most-adopted ethical walls and confidentiality management software by law firms with 150 or more lawyers. According to an independent survey by the International Legal Technology Association (ILTA) of its membership, 74% of large law firms using commercial software to enforce ethical screens to secure access to confidential information use IntApp Wall Builder.

“From our perspective, it’s clear why so many firms have chosen IntApp Wall Builder – the product was easy to weave into our existing intake, screening and compliance reporting processes and has significantly enhanced our internal confidentiality practices,” said Dave Scarzafava, IT Financial Systems Manager, McKenna Long & Aldridge LLP. “We were particularly pleased with the skill and speed with which the IntApp services team implemented the product. Because of their past experience at other firms, IntApp was able to migrate the existing security rules from our legacy security tool and import them into Wall Builder without a hitch or hiccup.”

“McKenna Long & Aldridge is part of an ever-growing community of law firms improving confidentiality practices by upgrading legacy software and enhancing internal processes,” said Pat Archbold, head of IntApp’s Risk Practice Group. “The firm deserves special commendation for working with its peers as part of our Risk Roundtable Compliance Consortium, a group collaborating to understand and develop risk response guidelines in response to evolving industry, client and regulatory pressures.”

About IntApp

IntApp provides software products and services that enable law firms to achieve competitive advantage by exceeding client compliance requirements, increasing revenue, and reducing operational costs. IntApp’s three practice groups (Risk, Revenue and Integration) focus on understanding existing pressures and emerging trends, and translate this knowledge into products and best practices. IntApp products are the most-adopted in their respective categories – Wall Builder for ethical screens and client confidentiality management, Time Builder for time capture, and Integration Builder for application integration and master data management. IntApp serves over 230 customers, is endorsed by major software vendors across all categories, and has cultivated a vibrant partner community. For more information about IntApp, visit: http://www.intapp.com.

For more information about the Risk Roundtable Compliance Consortium, visit: http://www.RiskRoundtable.com

About McKenna Long & Aldridge LLP

McKenna Long & Aldridge LLP is an international law firm with 475 attorneys and public policy advisors. The firm provides business solutions in the areas of complex litigation, corporate, government contracts, health care, intellectual property, technology, environment and energy regulations, climate change, finance, international law, public policy and real estate. To learn more about the firm and its services, go to http://www.mckennalong.com.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Document Management Software Press Releases

Ann Arbor, MI (PRWEB) August 29, 2011

Ann Arbor photographer Yana Benjamin recently won an award in Manfrotto “Imagine More” contest with one of her wildly inspirational images. She will be attending the 68th Venice Film Festival to be awarded the Grand Prize for her work. “The composition of the image is very complicated. The forms are created by juxtaposing reality with the surreal world. You really have to take a minute to think about the photo and its meaning,” Yana said about her winning photograph. Her image was selected from more than 7,000 photos, it will be included in a short presentation and unveiled for the first time on September 6th, 2011.

Yana will celebrate her success with an amazing Italian actress Violante Placido and photograph world renowned actors and celebrities on the red carpet. “I know it is going to be a great experience. It is a once in a lifetime type of thing,” Yana said.

Her recent street photography work deals with the exploration of reality and the projections of reality. ”I photograph subtle feelings of human presence in an urban environment with empathy and compassion.” As Yana remarked, as a street photographer she is mainly interested in the narrative and visual connotations that can occur often by chance.

Working as a wedding photographer, she always captures the right moment, peoples’ personalities and the spirit of ambience by introducing documentary techniques. Her photography is crisp, fresh, colorful and contemporary. “Ordinary becomes extraordinary in the moment that I capture it with my camera, when the vision is distilled in a clear and absolute image,” Yana added and stressed that she sees a big difference in the method of street photography and wedding photography. “Street photography is about seeing unseen, creating visually interesting comparisons, often pretty bizarre images, that can never be duplicated. In wedding, and generally speaking event photography, the scene is there; you are the observer not the creator, you just have to click at the right moment to capture it.”

Yana Benjamin grew up in Bratislava, Slovakia. She got her first camera, old Russian Zorki, for the ninth birthday. She graduated from Comenius University majoring in Journalism, moved to San Francisco a year later, in 2008 and recently relocated to start her photography business in the Ann Arbor area. Yana has been documenting life and creating breathtaking visual stories ever since. To view Yana`s work visit http://www.yanabenjamin.com

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Related Document Imaging Press Releases

IntelliChief Paperless Process Management

Mansfield, MA (PRWEB) August 29, 2011

IntelliChief LLC is launching a campaign promoting the data protection their document management and document imaging system provides to companies in the event of a disaster. Many companies view disaster recovery planning as a critical initiative and focus on contingency plans for loss of computer hardware and electronic files, but fail to plan for recovery of paper documents in the event that they are destroyed. Creating a paper copy of these documents and storing them in a different location is not practical, nor cost-justified.

If your invoices and other records are not part of your electronic back up plan, your business will be impacted. Many businesses that have experienced a disaster, in worst-case scenarios, quite literally never recover. In best-case scenarios, it can take months, if not years, to get back to business as usual.

Electronic document management with document imaging is the perfect remedy, and the low-cost way to protect your paper files. Users eliminate the necessity to spend exorbitant amounts on paper, toner, and off-site storage for duplication of your paper files. With IntelliChief document imaging, users scan paper files and archive them in the IntelliChief repository and backup this data as part of their electronic disaster recovery efforts.

“When people talk about disaster recovery, often the concern is about the servers in your office and what would happen to your data, but few think about the paper. If your invoices and other records are not part of your plan, your business will definitely be impacted,” said Michael R. Rooney, IntelliChief LLC Vice President of Sales and Marketing. “This is why implementing a document management solution like IntelliChief is so important.”

IntelliChief Document Management software controls and organizes documents. It involves scanning paper documents, electronically filing them accordingly, and making them available to view across your business directly from your familiar ERP screen. In addition to paper documents, electronic documents and email can also be stored in IntelliChief. After the documents are stored, a centralized electronic repository is created, which not only improves operational efficiency, but also makes it possible to create and implement a successful disaster recovery plan.

About IntelliChief, LLC

IntelliChief, is the leading provider of Paperless Process Management (PPM) solutions for the IBM i (System i, iSeries, AS/400) Enterprise. With decades of expertise in the market and seamless integration with leading ERP software vendors, IntelliChief enables companies of all sizes to go paperless with a typical ROI of less than 8 months. Users can create, capture, manage, archive, retrieve, and distribute mission-critical documents directly from their familiar ERP screens, eliminating the need for filing cabinets, storage facilities, fax machines, copiers, and paper files.

###

Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Find More Document Imaging Press Releases

Reston, VA (PRWEB) January 31, 2012

ADR Software, LLC, a leading provider of automated workforce monitoring and daily activity reporting to the construction industry, today announced that it had updated the compliance monitoring tools in its Workforce Monitor service in anticipation of the upcoming changes to the DC First Source law. ADR’s automated Workforce Monitor service is used by construction contractors and owners to track workers coming and going from job sites. The information is collected using RFID (radio frequency identification device) tags affixed to hard hats and ID badges. As the tags are read, information about the composition of the contractor’s workforce is available in real-time so decisions can be made pro-actively regarding issues such schedule maintenance, shift balancing and regulatory compliance.

“Workforce Monitor has been a great local employment compliance tool for general contractors around the United States,” said Bruce Labovitz, ADR’s co-Founder and President. “The technology behind the Workforce Monitor service provides GCs and owners with real-time information about what workers are on site, who they work for and how long they’ve been on site. General Contractors and project owners also have the ability to analyze their workforces in real-time and monitor information such as the distribution of the workforce by zip code, ethnicity, gender, trade, job function, previous employment status and more. We look forward to continuing to assist our clients and local governments achieve their workforce compliance goals.”

Workforce Monitor is a service of ADR Software, LLC. General contractors, owners, project managers and sub-contractors use the service for any number of reasons including: to enable real-time workforce decision making, to create accurate and timely project workforce documentation, to meet contractual security obligations, to improve safety awareness and response readiness and to reduce exposure to financial risk.

Workforce Monitor utilizes RFID tags, embedded in all-weather job stickers affixed to hard hats and ID badges, to monitor workforce activity throughout the day without delays, interruptions or intrusions. Workforce Monitor is currently monitoring over 20,000 workers at construction sites throughout the United States.

# # #

Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Orlando, Fla. (PRWEB) March 30, 2012

Global Growth Trust, Inc., a real estate investment trust (REIT) focused on providing capital appreciation for investors, has acquired 25 acres in Tampa, Florida, for a 344-unit, Class A garden-style apartment development. The land was acquired through a joint venture with an affiliate of Charlotte-based Crescent Resources and is expected to break ground during the second quarter of this year.    

The $ 37 million community, to be called Circle Crosstown, will feature multiple one-, two-, and three- bedroom floorplans and include community amenities, such as a dog walk park, clubhouse, and salt water pool. The planned location is adjacent to the intersection of I-75 and the Lee Roy Selmon Expressway—a freeway with direct access to downtown Tampa and St. Petersburg—and is five miles from the intersection of I-75 and I-4.

“We are excited to add this joint venture with Crescent Resources to our multifamily development portfolio,” said Andy Hyltin, President of Global Growth Trust. “We believe that the positive supply/demand characteristics of the Tampa market provide an attractive growth opportunity for our investors.”

The Tampa-St. Petersburg-Clearwater (Tampa Bay) Metropolitan Statistical Area (MSA) has a population of approximately 2.8 million residents, making it the second largest MSA in Florida and the 19th most populated metropolitan area in the nation. The Tampa Bay area features many regional and national employers across various industries and is home to U.S. Central Command at MacDill Air Force Base. In line with national trends, the Tampa market continues to see a trend away from homeownership, increasing demand for multifamily units. According to Real Data, multifamily demand is expected to outpace supply over the next two years.

The project, the REIT’s first with Crescent Resources, builds on Global Growth Trust’s growth strategy which includes a growing portfolio of multifamily development projects. The REIT is also currently involved in two other multifamily development projects in Charlotte, N.C., and Charleston, S.C.

Global Growth Trust is sponsored by an affiliate of CNL Financial Group and advised by CNL Global Growth Advisors, LLC.

About Global Growth Trust

Global Growth Trust is a company whose goal is to provide capital appreciation for its shareholders. The company, which is taxed as a real estate investment trust (REIT), plans to build a portfolio of real estate and real estate-related assets located in the United States and abroad; over the long term, up to 30 percent of its assets may be located abroad. For more information, visit http://www.GrowthTrust.com.

About CNL Financial Group

CNL Financial Group (CNL) is a leading private investment management firm providing global real estate and alternative investments. Since inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than $ 26 billion in assets. CNL is headquartered in Orlando, Florida.

About Crescent Resources

Crescent Resources is a real estate development company with interests throughout the southeastern United States. Based in Charlotte and established in 1969, Crescent Resources is known for its single-family, multifamily and resort residential communities. Crescent also develops business and industrial parks and shopping centers. Visit http://www.crescent-resources.com for more information.

Statement Regarding Forward-Looking Information

Certain statements in this document may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Global Growth Trust, Inc. (herein also referred to as the “Company”) intends that all such forward-looking statements be covered by the safe-harbor provisions for forward-looking statements of Section 27A of the Securities Act and Section 21E of the Exchange Act, as applicable.

All statements, other than statements that relate solely to historical facts, including, among others, statements regarding the Company’s future financial position, business strategy, projected levels of growth, projected costs and projected financing needs, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of the management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “should,” “continues,” “pro forma” or similar expressions. Forward-looking statements are not guarantees of future performance and actual results may differ materially from those contemplated by such forward-looking statements due to a variety of risks, uncertainties and other factors, including but not limited to, the factors detailed in our Annual Report on Form 10-K for the year ended December 31, 2011, and other documents filed from time to time with the U.S. Securities and Exchange Commission.

Many of these factors are beyond the Company’s ability to control or predict. Such factors include, but are not limited to: the global impact of the current credit crisis in the U.S. and Europe; changes in general economic conditions in the U.S. or globally (including financial market fluctuations); risks associated with our investment strategy; risks associated with the real estate markets in which the Company invests; risks of doing business internationally and global expansion, including unfamiliarity with new markets and currency risks; risks associated with the use of debt to finance the Company’s business activities, including refinancing and interest rate risk and the Company’s failure to comply with its debt covenants; the Company’s failure to obtain, renew or extend necessary financing or to access the debt or equity markets; competition for properties and/or tenants in the markets in which the Company engages in business; the impact of current and future environmental, zoning and other governmental regulations affecting the Company’s properties; the Company’s ability to make necessary improvements to properties on a timely or cost-efficient basis; risks related to development projects or acquired property value-add conversions, if applicable (including construction delays, cost overruns, the Company’s inability to obtain necessary permits and/or public opposition to these activities); defaults on or non-renewal of leases by tenants; failure to lease properties at all or on favorable terms; unknown liabilities in connection with acquired properties or liabilities caused by property managers or operators; the Company’s failure to successfully manage growth or integrate acquired properties and operations; material adverse actions or omissions by any joint venture partners; increases in operating costs and other expense items and costs, uninsured losses or losses in excess of the Company’s insurance coverage; the impact of outstanding or potential litigation; risks associated with the Company’s tax structuring; the Company’s failure to qualify and maintain its status as a real estate investment trust and the Company’s ability to protect its intellectual property and the value of its brand.

Management believes these forward-looking statements are reasonable; however, such statements are necessarily dependent on assumptions, data or methods that may be incorrect or imprecise and the Company may not be able to realize them. Investors are cautioned not to place undue reliance on any forward-looking statements which are based on current expectations. All written and oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by these cautionary statements. Further, forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time unless otherwise required by law.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Document Management Press Releases

Palo Alto, California (PRWEB) March 30, 2012

MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that Lancaster General Health, an award-winning regional healthcare provider, has chosen MetricStream Policy Management Solution to strengthen its compliance program. MetricStream will enable the healthcare provider to consolidate and organize enterprise-wide policies and procedures on a centralized GRC Platform for greater efficiency in policy management, tracking, collaboration and accountability.

Lancaster General Health (LG Health) is a not-for-profit healthcare system with a reputation for excellence. The organization provides a comprehensive network of care, encompassing Lancaster General Hospital, Women & Babies Hospital, suburban and downtown outpatient pavilions, and more than 45 other outpatient facilities and physician practices throughout Lancaster County, PA. LG Health has received several honors and awards for its clinical experience and operational performance.

“At Lancaster General Health, our policies and procedures influence every aspect of our business – right from our processes, to our relationships, to our behavior and culture as well as our regulatory compliance requirements,” says Margaret Costella, Vice President and Deputy General Counsel at Lancaster General Health. “With MetricStream’s rich and robust Policy Management solution, we will gain significant efficiencies in our policy lifecycle management process, and enhance the way we organize and implement policies across the enterprise. The solution’s integrated approach based on a GRC Platform, as well as its intuitive tools for collaboration, policy tracking, training, and mapping policies to compliance requirements, led us to select MetricStream as our solution provider.”

Many companies rely on content-based or document sharing software solutions for managing their policies which do not provide a well governed structure specially needed for regulated environments like healthcare. Poorly managed and uncontrolled creation and posting of policies results in dozens of policies scattered across different internal websites and systems, with no clear ownership, traceability or accountability. Not only does this defeat the purpose of the policies, but it also increases the risk of noncompliance with regulations and laws.

MetricStream Policy Management solution will help LG Health effectively meet regulatory requirements by enabling a GRC-based approach to policy management that drives sustainable compliance. The solution integrates enterprise-wide policies on a single, centralized platform, and streamlines the complete policy management lifecycle, thus ensuring consistency in the way policies are created, maintained and understood. Robust audit trails, dashboards and reports enhance accountability by providing real-time insights into the creation and management of each policy. In addition, the solution enables aligning of policies and procedures to the changes in the regulatory, risk and corporate environment.

“We are excited to add Lancaster General Health to our roster of customers in the healthcare sector where MetricStream GRC solutions are being widely adopted and serving as the foundation for change to deal with regulatory reforms and industry changes,” says Gaurav Kapoor, Chief Operating Officer at MetricStream. “MetricStream Policy Management solution has successfully enabled numerous organizations to manage their policy lifecycle and compliance programs in a collaborative, systematic and consistent manner. It also offers the flexibility to extend beyond policy management to other areas of GRC, including Regulatory Intelligence, Internal Audit, Risk Management and IT Governance. Organizations thus gain a single framework to manage the complete spectrum of risk and compliance requirements which, in turn, saves costs, improves operational efficiency, and drives optimal business value.”

About MetricStream

MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as NASDAQ OMX, UBS, Constellation Energy, Pfizer, Philips, BAE Systems, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, Government and Manufacturing to manage their risk management, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

Media contact:

pr(at)metricstream(dot)com

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.