Banner Bank Renews Contract for Business Continuity Software and Services

Woodinville, WA, April 29, 2011 – Quantivate LLC, the leading provider of web based business continuity, vendor management, and enterprise risk management software; today announced that Banner Bank, a Washington-chartered commercial bank that conducts business from 86 locations in Washington, Oregon and Idaho, has renewed its contract with Quantivate for Business Continuity software and services.

During the three year contract extension, Quantivate will provide Banner Bank with 15 additional business continuity plans, and continued use of its web-based business continuity software solution.

“Our decision to continue a relationship with Quantivate was easy,” said Randy Lindberg, IT Security Manager with Banner Bank. “They have taken excellent care of us for the past three years. Our plans continue to mature and testing is done regularly. But most importantly, since our program with Quantivate was fully implemented we have had no Business Continuity audit findings.”

“We are pleased to be building a long-term relationship with Banner Bank,” said Andy Vanderhoff, President of Quantivate. “We look forward to providing Banner Bank with the same high level of software and service they have come to expect from us.”

Quantivate™ Business Continuity solutions reduce the time organizations spend managing and maintaining plans. The solution enables users to understand their organization, develop implementable plans, keep plans up-to-date, and increases the availability of critical operations across the enterprise. Quantivate Business Continuity is a repeatable methodology coupled with world class service that removes single points of failure in processes and technology. This ensures quantifiable risk measurement capability and allows business continuity data to be harnessed for the greater Governance Risk and Compliance (GRC) good.