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Baldwin Aviation CEO meets with Insurance Executives
Jun 25, 2006 - Don Baldwin and another key executive of Baldwin Aviation met with insurance industry leaders in New York City this past week.
Don presented detailed briefings about the BAI programs. Highlighted were shared standards, Safety Barometer, and progressive review concept that BAI is using to assess trends and monitor the safety culture. Baldwin updated insurance leaders progress in obtaining IS-BAO registration.
Industry leaders were pleased with BAI's unique program and stated that they would view BAI clients favorably during the application or renewal process. For more information, call 888.222.2112.
Baldwin Aviation’s Web-based Shared Services Consultancy Makes “Splash” at 58th Annual NBAA Conference in Orlando, Florida
Orlando, Florida, Oct 2005 — The 58th annual NBAA (National Business Aviation Association) conference was abuzz as Baldwin Aviation’s new web-based shared services offering was unveiled. Baldwin Aviation, run by Donald Baldwin, former President of the NBAA and Flight Department Manager for Texaco and Coca Cola, engaged Clear Compliance, an Atlanta-based compliance software firm, to take their proprietary compliance software tools and develop a cost effective, web-based application. The Baldwin Aviation offering is an innovative shared services program that enables smaller flight departments to enhance and monitor their safety culture while simplifying conformity to industry best practices.
“Our offering was very well received,” said Baldwin. “We were a little bit surprised by the overwhelming positive response and it certainly gives us a level of confirmation that the small flight departments are a ripe market for our shared services offering.”
Luke White, CEO of Clear Compliance™ beamed “we are very excited about the way Don and his team customized our software tools to suit their target market within the aviation industry. Our software is designed to help organizations manage rapidly changing regulatory environments in a streamlined, more cost effective manner. Don is quite a visionary. He fully recognized the potential of combining his expertise with our technology, to create a high quality, web-based offering that we feel strongly will provide a sustainable competitive advantage in the aviation compliance market.”
About Baldwin Aviation
Baldwin Aviation (www.baldwinaviation.com) provides the resources and services to companies and individuals operating small flight departments thereby enabling them to operate on a level equal to Fortune 100 flight departments. Safety is the primary focus. Through efficient sharing of common resources, the Baldwin Aviation program affords clients the recognition of conforming to IS-BAO and ICAO standards and practices. By raising the bar in small flight departments, they give clients the security they need to navigate an increasingly complex operating environment.
Local Compliance Director to address RIAS of the UN Organizations and Multilateral Financial Institutions
ATLANTA, Georgia, November 7, 2005 — Clear Compliance, Inc., an Atlanta-based provider of enterprise compliance management solutions, announced today that it’s Director of Governance and Compliance, Ms. Deidra DenDanto, has been invited as a guest speaker to the 36th RIAS meeting (Representatives of Internal Audit Services of the United Nations Organizations and Multilateral Financial Institutions). The event is being hosted by the European Investment Bank in Luxembourg on November 9th, 10th and 11th, 2005. Ms. DenDanto will represent the Independent Inquiry Committee who recently released their final report on the Oil for Food Investigation, which included implications for oversight in the United Nations. DenDanto’s presentation will include a general update of the Committee’s final report, lessons learned for oversight within specific United Nation Agencies and the spirit of governance in the age of Sarbanes-Oxley.
Ms. DenDanto has expert knowledge of the Sarbanes-Oxley Act having provided delivery and advisory services in all phases of company compliance, developing and implementing turnkey solutions supporting compliance for public companies. DenDanto most recently completed the “Oil-for-Food” investigation as a member of Paul Volcker’s Independent Inquiry Committee (IIC), where she focused her efforts on the United Nations internal and external oversight areas. “It’s no surprise they invited Deidra to speak at this event. She has a rare combination of experience and skills in the realm of governance, fiduciary responsibility and organizational oversight,” said Luke White, CEO of Clear Compliance, Inc. “We feel strongly that many of the ”best practices” Deidra employs to efficiently address Sarbanes-Oxley compliance may be rationally extrapolated to facilitate transparency and enterprise compliance at non-profit organizations and governmental entities”, added White.
For more information contact:
Brenda Porter
Clear Compliance, Inc.
(678) 528-5000 x43
info@clearcompliance.com
Clear Compliance, Inc.
Former IIC Oil-for-Food Investigator DenDanto Joins Clear Compliance, Inc.
MARIETTA, GA, October 31, 2005 — Clear Compliance, Inc., the Atlanta-based provider of enterprise compliance management solutions, today announced that Sarbanes-Oxley and corporate governance expert Ms. Deidra DenDanto has joined the company as Director of Compliance. Ms. DenDanto is responsible for ensuring all of the company’s software applications and service offerings are of the highest quality and reflect compliance best practices and her own, proven compliance methodologies.
DenDanto most recently completed the “Oil-for-Food” investigation as a member of the Volcker Independent Inquiry Committee, where she focused her efforts on the United Nations internal and external oversight areas. Ms. DenDanto has over fifteen years of audit experience and has worked for Arthur Andersen, Sunbeam Corporation and Ernst & Young as an external or internal auditor. In addition, Ms. DenDanto was a founder and President of 180Commerce Inc., an Atlanta born software company. Ms. DenDanto has expert knowledge of the Sarbanes-Oxley Act having provided delivery and advisory services in all phases of company compliance, developing and implementing turnkey solutions supporting compliance for public companies including Russell Corporation, Take Two Interactive, ICF Communications, Knology Inc., NDCHealth, National Vision, RPC Inc. and Theragenics Corporation.
"We are excited to have Deidra join our team and look forward to integrating her skills and experience into our offerings”, said Luke White, President of Clear Compliance, Inc. “With her deep understanding of corporate governance and her experience running a software company we expect to further distinguish our compliance applications and services and gain market share. I am confident she will take Clear Compliance™ to new levels,” he added.
Clear Compliance Inks Deal with Baldwin Aviation’s Shared Services Aviation Consultancy
ATLANTA, GA, August 17, 2005 — Clear Compliance, Inc., the Atlanta based provider of enterprise compliance management solutions, announced today that it has signed an agreement with Baldwin Aviation, Inc. to customize its enterprise compliance management application, Clear Compliance™. Under terms of the agreement, Clear Compliance™ will develop an interface to their core compliance engine that is highly specific to suit Baldwin Aviation’s compliance niche. The finished product will provide many unique services to Baldwin Aviation clients and deliver these services via a web based application. Don Baldwin, President & CEO of Baldwin Aviation said he selected Clear Compliance™ because “their software has robust functionality that other software vendors could not demonstrate” and because “I felt our aviation consultancy could grow in many different directions from the core Clear Compliance™ application and respond quickly depending upon what our clients desired and the market demanded.”
The agreement between Clear Compliance™ and Baldwin Aviation is the first where Clear Compliance™ licenses its software, provides support and maintenance and provides customization services for a specific compliance niche. “We are firmly committed to providing a platform for Baldwin Aviation that will give them a clear and sustainable competitive advantage in the market place,” said Luke White, CEO of Clear Compliance™.
About Baldwin Aviation (www.baldwinaviation.com)
Baldwin Aviation provides the resources and services to companies and individuals operating small flight departments thereby enabling them to operate on a level equal to Fortune 100 flight departments.
Safety is our primary focus. Through efficient sharing of common resources, the Baldwin Aviation program affords our clients the recognition of conforming to IS-BAO and ICAO standards and practices. By raising the bar in small flight departments, we give our clients the security they need to navigate an increasingly complex operating environment.
SEC Chairman Sees 'Consensus' On US Market Reforms
By JUDITH BURNS and SIOBHAN HUGHES
February 10, 2005 3:59 p.m.
Of DOW JONES NEWSWIRES
WASHINGTON -- Securities and Exchange Commission Chairman William Donaldson is pressing ahead on reforming rules for U.S. stock markets while going back to the drawing board on another controversial proposal that would give shareholders more input on naming corporate directors. "We're getting pretty close to putting out a rule," to overhaul U.S. markets, Donaldson said in an interview Thursday with Dow Jones Newswires. He said he would like the SEC to vote on the matter sooner rather than later, calling action "long overdue."
While the SEC is coming to a consensus on market reforms, it has failed to so with a plan to make it easier for shareholders to nominate corporate directors using the company's own proxy ballots.
Donaldson said the SEC's original plan to empower shareholders was "kind of Rube Goldberg" in its approach.
"It doesn't fly - it's too complicated," he acknowledged.
The SEC chief isn't abandoning hope, though.
"It's not off my docket, I believe we need to do something," he stressed. Donaldson said he'd like the SEC to start over with "wholly new thoughts" on how to tackle the subject.
Market reforms have been contentious as well. The SEC floated a revised plan last year that would extend price protections that now apply to exchange-listed stocks to the Nasdaq Stock Market and other electronic trading venues, and asked whether protections should limited to the best displayed prices, or extended deeper into the book of trade orders.
The New York Stock Exchange, once headed by Donaldson, opposes the "depth of book" approach, saying it would not work on the exchange.
Donaldson indicated the depth of book approach might be too close to creating a central limit order book, which could hinder competition and innovations such as electronic trading. But he said price protections afforded by the so-called trade-through rule that now applies only to exchange-listed stocks should be extended to the Nasdaq Stock Market and other computerized markets.
"In all the electronic markets, it's essential to protect the best bid and offer," he declared. "I think treating both markets the same is part and parcel of what we should be doing."
Donaldson, who arrived at the SEC almost two years ago, said the agency has made progress on many fronts, including rules to bring hedge fund advisors under SEC oversight and to increase independence on mutual fund boards. Amid complaints about stiff penalties levied on wrongdoers, Donaldson said that the SEC would not back down.
"We're not in any way going to back off on the enforcement side of things," he stated. Fellow Republican commissioners have clashed with the SEC chief over fines and new regulations even after rules have been finalized, and Donaldson said "it's kind of too bad" that people are "still fighting the fight out there," suggesting that may be "the product of the kind of political environment that we're all in."
The SEC chief said the agency is still working on rules to provide for greater disclosure of executive pay, including criteria that corporate boards use to set that pay. Although new rules won't be ready in time to be disclosed in this year's proxy filings, he hopes regulations will be finalized in time for next year's proxy season.
Donaldson also said the SEC remains committed to the 2002 Sarbanes-Oxley Act, which requires companies to provide an annual assessment of internal controls over financial reporting, but thinks it makes sense to review compliance procedures now that the SEC has had time to learn about the work involved.
"Don't get the idea we're backing off on internal controls," he said.
Donaldson avoided direct comment about an SEC staff decision this week allowing three companies - Halliburton Corp. (HAL), Qwest Communications International Inc. (Q) and Verizon Communications Inc. (VZ) - to exclude shareholders from voting on resolutions sponsored by large investors, saying he might have to hear appeals of the matter. Still, "you can assume I have a lot of confidence in what the staff is doing."
On controversial votes, Donaldson often has sided with the two Democrats on the five-member SEC, Harvey Goldschmid and Roel Campos. Goldschmid's term has expired and he has announced he will return to teaching at Columbia University Law School this fall.
"I hope that there will be a replacement when Harvey retires sooner rather than later, but I don't know who it's going to be," said Donaldson. "It's going to be a White House decision."
Campos's term expires in June, raising the prospect that the Bush administration could replace two Democrats at once. Donaldson said he has "a very high regard" for Campos, but noted the appointment process is up to White House.
Donaldson welcomed the Bush administration's efforts on Social Security reform, calling it "a courageous attempt" to tackle a subject long seen as the "third rail" of American politics. But, he said he doesn't think the SEC will jump into the fray.
"As far as the debate, I want to stay out of that except to say that I think it's a healthy undertaking," he commented.
- By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@dowjones.com
- and Siobhan Hughes, Dow Jones Newswires, 202-862-6654; siobhan.hughes@dowjones.com
About Clear Compliance, Inc.
Clear Compliance, Inc. is an Atlanta-based provider of enterprise compliance management solutions that helps corporations manage governance and compliance issues through an enterprise wide solution, Clear Compliance™ ECM. Clear Compliance™ ECM is a secure, web-based application that intelligently organizes and analyzes compliance data using Clear Mapping™ technology to align a corporation’s policies to regulations such as Sarbanes-Oxley. Additionally, Clear Compliance™ provides a snap shot view of compliance exposure for an entire organization via its centralized data repository and customized reporting engine. Clear Compliance, Inc. is a subsidiary of BTG Enterprises. Learn more about Clear Compliance, Inc. at www.clearcompliance.com.
About BTG Enterprises
BTG Enterprises is a full service IT Solutions firm headquartered in Atlanta with an additional office in Chicago through their subsidiary company, Braxton-Reed. Founded in 1990 by a group of midrange computer consultants passionate about solving their client’s problems – on time and on budget, BTG continues to offer services and products to meet their customer’s needs by focusing on IT consulting, rapid application development, web services and regulatory compliance via the Clear Compliance™ product. BTG Enterprises is a certified woman-owned business. Learn more about BTG Enterprises by visiting their web site at www.btgenterprises.com.
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