OpenQ’s SafeGuard™ Social Media Compliance Solution Wins American Business Award for New Product of the Year – Social Collaboration/Networking Solution

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OpenQ’s SafeGuard™ Social Media Compliance Solution Wins American Business Award for New Product of the Year – Social Collaboration/Networking Solution

For second year in a row, OpenQ wins a Stevie Award for its compliance solutions

ABA13_Bronze_H Stevie awardNew York, NY – September 17, 2013 – OpenQ (www.openq.com), the leading provider of solutions to enable  companies in regulated industries to overcome compliance and exposure risks, was awarded a Bronze Stevie Award by the American Business Awards for OpenQ SafeGuard™ in the category of New Product of the Year – Software – Collaboration/Social Networking Solution.  This is the second Stevie Award two years in a row for OpenQ, which received a Silver Stevie Award last year for its MobileQ iPad app.

More than 3,200 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

OpenQ’s SafeGuard™ addresses the risk of social technologies in regulated industries that have been reluctant to embrace social initiatives because of regulatory and legal risk concerns. SafeGuard’s patent-pending technology monitors risk from interactions over social networking platforms to enforce corporate policy and regulatory compliance. The cutting-edge solution collects and analyzes data, identifying levels of risk, and enables personnel to address any issues with the workflow-driven remediation capabilities of SafeGuard™. The product analyzes internal social data streams and external social media to identify, quarantine and enable management of risk.  SafeGuard’s social compliance technology uses a policy/signature driven approach, similar to that of antivirus software, which can adapt to industry and company needs.

“SafeGuard is designed to enable regulated companies to embrace the significant value social media can provide, while mitigating legal and regulatory risks,” said Otavio Freire, OpenQ’s Chief Technology Officer. “SafeGuard works with both internal platforms, like Salesforce.com’s Chatter® or Microsoft’s Yammer™, and external social networks like Facebook®, Twitter® and LinkedIn®. Our customers really like that our solutions work with native applications rather than a proxy.”

“We are thrilled and honored to win another Stevie Award for the second year in a row,” said Jim Zuffoletti, OpenQ’s President. “Our solutions deliver results for our customers in life sciences, financial services, insurance, health care and other regulated industries, and that is demonstrated by the multiple awards SafeGuard has received since it was launched last year, including recognition by GRC 20/20.”

“So many remarkable stories of success and innovation were told in the nominations submitted to this year’s American Business Awards,” said Michael Gallagher, president and founder of the Stevie Awards.  “We congratulate all of this year’s Stevie Award winners, and thank them for the inspiration provided by their achievements.”

Details about The American Business Awards and the lists of Stevie Award winners who were announced on September 16 are available at www.StevieAwards.com/ABA.

About the Stevie Awards
The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.

Nicknamed the Steviesfor the Greek word for “crowned,” the trophies were presented to winners during a gala banquet on Monday, September 16 at the Julia Morgan Ballroom in San Francisco.  More than 250 nominees and their guests attended.

This year’s American Business Awards were presented at two awards events.  Awards for marketing, customer service, human resources, and other disciplines were announced in Chicago in June.  Last night’s event focused on the technology and new product awards categories.

Stevie Award winners were selected by more than 320 executives nationwide who participated in the judging process.

About OpenQ

OpenQ enables social collaboration to create competitive advantage while overcoming regulatory compliance challenges and legal risk exposure. OpenQ is a cloud-based technology and validated-data provider with the largest suite of solutions for regulated industries. Our products help life sciences, health care, financial services and consumer organizations recognize the value of customer collaboration while remaining secure. The company offers award-winning, efficient and effective solutions for social compliance, compliant content management and key stakeholder engagement.

Headquartered in New York City, OpenQ has a growing client list that spans the globe, including Global Fortune 500 companies, healthcare organizations and early stage biotech companies.

OpenQ invests heavily in product development, adapting to meet the changing needs of our customers with an evolutionary, continuous improvement approach. Our modular solutions work as Software-as-a-Service (SaaS) and Data-as-a-Service (DaaS) and are available on a variety of platforms. Solutions come industry-ready with policies for day-one implementation.

To learn more about OpenQ’s offerings, visit http://www.OpenQ.com. Follow us on Twitter @OpenQinc, or on LinkedIn and Facebook.

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To learn more about OpenQ’s offerings, visit www.OpenQ.com.

Contact:

Tracy England, 434-466-8078, tracye@openq.com

OpenQ Inc.

410A E. Main St. Charlottesville, VA 22902

Phone: 434-207-4265