(via Thenewswire.ca)
Vancouver, BC / TheNewswire / July 14, 2015 - BlackIce Enterprise Risk Management Inc. ("BlackIce") (CSE: BIS), (Frankfurt: B2I) sadly announces the death of its CEO and Chairman, Mac Kalyan, on July 11, 2015. Judy Buker, the Company's Chief Information Officer, will be acting as interim Chief Executive Officer until the Company communicates its succession plans in the coming weeks.
About BlackIce Enterprise Risk Management Inc.
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; Recovery Plans; Risk Data Aggregation and Risk Reporting and Financial Stability Oversight.
For more information about BlackIce Inc., and ERA(TM) visit www.blackiceinc.com.
BlackIce Enterprise Risk Management Inc.
Judy Buker
Interim CEO
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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