Annapolis, Maryland - January 28, 2008
iJET Intelligent Risk Systems, a leading provider of global intelligence and business resiliency services, concluded 2007 with continued momentum and innovation, introducing significant enhancements to products, launching new services, and establishing key partnerships.
“We are pleased with the progress and advancements we made throughout the year, and we anticipate continued growth in 2008 as clients are increasingly called upon to proactively address business continuity issues,” said Steve Hoffman, iJET’s CEO. “We look forward to building upon our successes and momentum through 2008 and beyond.”
New and Expanded Products and Services
iJET launched several enhancements and a new service available through its Worldcue® Global Control Center, the first integrated platform to relate global operating risks to organizations’ people and assets around the world:
- Worldcue® Airline Monitor
Launched in the summer of 2007, iJET’s new Worldcue Airline Monitor is an extension of its Travel Risk Management solution. The Worldcue Airline Monitor allows organizations to further minimize their travelers’ exposure to risk by notifying travel managers of trips booked on airline carriers that do not meet minimum standards of operational safety. iJET’s intelligence team and transportation experts monitor and analyze information on more than 300 airlines, including large commercial passenger airlines and a number of smaller and charter passenger carriers, to determine risk ratings.
- Worldcue® Asset Risk Management
Providing multinational organizations with global visibility into how events affect their facilities, supply chain assets and people, iJET’s Worldcue Asset Risk Management solution was enhanced to extend notifications to multiple stakeholders; create audit trails for asset exposure reviews; and ensure that key business continuity preparedness plans are up to date and readily accessible to decision-makers.
- Worldcue® Expatriate Risk Management
iJET announced significant enhancements to its Worldcue Expatriate Risk Management solution, improving the ability of organizations to find and communicate with their expatriates and families—whether at their assigned work location or on travel.
Partnership Momentum
Contributing to the company’s success in 2007, iJET announced a new product partnership and continued to build on relationships with key partners in the travel industry.
In July, iJET signed a partnership agreement with Send Word Now, a leading provider of on-demand alerting and response services, to better protect clients' employees during time-sensitive situations. iJET is integrating Send Word Now's Alert Service and global communications platform into its Worldcue platform. The integrated solution will provide clients with enhanced emergency notification options such as two-way SMS, voice and text messaging capabilities.
In its second year of partnership, iJET provided clients of Carlson Wagonlit Travel (CWT), the world’s leading travel management company, with an enhanced travel risk management offering, including tools designed to monitor risk, prepare and help protect corporate travelers and respond to emergencies 24x7. iJET also continued its relationship with the National Business Travel Association (NBTA), the leading association for corporate travel professionals. The NBTA Foundation incorporated iJET’s Travel Risk Management Maturity Model™ (TRM3™) into its Managed Travel Index® (MTI) & Benchmarking Tool.
Additional Areas of Growth
In response to iJET’s momentum in 2007, the company made a number of additions to its leadership team, naming Hoffman, a veteran technology leader, as CEO; Kelly Davis-Stoudt as CFO; and Kathie Lia as Vice President of Travel Partnerships.
iJET also launched a successful educational program in 2007, creating its Executive Webinar series, designed to help travel, security and risk executives build and maintain effective corporate risk management and continuity programs. The first Webinar was based on iJET’s proprietary Travel Risk Management Maturity Model. Later in the year, iJET hosted a successful Webinar addressing the unique security climate faced by businesses operating in the Niger Delta, Nigeria’s epicenter for oil and gas production.
In October, iJET was named to Deloitte’s Technology Fast 50 Program for Maryland, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies by Deloitte & Touche USA LLP. The Deloitte Technology Fast 50 recognizes significant growth over the five-year span from 2002–2006, and acknowledges companies for their considerable use and development of proprietary technology. A rank of 10 in the Maryland Fast 50 places iJET among a prestigious group of businesses that are setting the standard for growth and success in the technology industry.
iJET’s services, team of world-class intelligence analysts and patented Worldcue®technology solutions equip decision-makers and organizations with real-time information to anticipate, respond to and emerge from business disruptions with a competitive edge. The company’s U.S. headquarters are in Annapolis, Maryland.
For more information, go to www.ijet.com
