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ORIGINAL: BlackIce Enters Partnership with EY Vietnam

2015-03-31 11:35 ET - News Release

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / March 31, 2015 -- BlackIce Enterprise Risk Management Inc. (BlackIce) (CSE: BIS), has entered into a joint agreement with EY Vietnam (Ernst & Young Vietnam Ltd) an affiliate of EY, a worldwide auditing and consulting company.

The two companies will jointly market Basel consulting services alongside the BlackIce Governance and Compliance Database (GCD(TM)). The agreement will provide BlackIce with access to Vietnam's leading financial institutions, so they can fully leverage the GCD and maintain compliance with the Basel Accord regulations.

Mac Kalyan, Chairman and CEO of BlackIce stated, "We are very fortunate to have EY as a partner in Vietnam. Their international reputation means our products receive instant credibility and removes any initial reluctance by our potential clients on reviewing and potentially purchasing our software. This makes it easier for us to 'get in the door' after which, the product demonstration sells itself. We hope to leverage our relationship with EY Vietnam to EY entities in other jurisdictions," Mr. Kalyan said.

About BlackIce Enterprise Risk Management Inc.

BlackIce is a global enterprise risk management technology firm delivering practical solutions for problems that global banks face every day.

BlackIce has developed an Enterprise Risk Aggregation ( ERA(TM) ) solution, an open platform software application that delivers end-to-end data and analytical standards to meet all of the regulatory expectations of Basel (I, II & III) as well as the BCBS Risk Data Aggregation & Reporting (RDA ) requirements, and the FSB (Financial Stability Board) Legal Entity Identifier program for monitoring concentration risk.

The company's Governance & Compliance Database ( GCD(TM) ) is an application that allows financial institutions to assess, govern and manage adherence and compliance to regulatory guidelines across multiple regulatory requirements including: Basel II/III; Living Wills; Risk Data Aggregation and Financial Stability Oversight.

For more information about BlackIce Inc., and ERA(TM) visit www.blackiceinc.com.

BlackIce Enterprise Risk Management Inc.

Mac Kalyan

CEO & Chairman

Forward-Looking Information


This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of BlackIce Enterprise Risk Management Inc. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.

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